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Apartment in Estepona, 3 bedrooms, 135 m² €700.000

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3
Bedrooms
2
Bathrooms
135 m²
Surface area
€5185
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 135 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 135 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 135 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 135 m² - Afbeelding 3
+60 photos

Analysis

Price
€700.000
Own investment (30%)
€210.000
Buyer costs
€70.000
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.306,67
Maintenance costs
-€112,50
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€161,25
Tax (19%)
-€166,08
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€163,38
High season
€221
Mid season
€159,92
Low season
€129

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability and value.
  • Tourism trends: Growing popularity of Costa del Sol as a holiday destination.
  • Property features: Modern renovations, amenities, and furnished status add value.
  • Economic factors: Eurozone economic stability, low interest rates, and tourism growth.
  • Local developments: New infrastructure projects and urban development plans.

Comparable accommodations

Rate Hotel / apartment Distance
€185 Entire House with Terrace in Marbella 21.4 km
€382,40 Three bed house with pool 50 metres from the beach 16.5 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 10.5 km
€281,20 Ocean Front Villa w/Private Pool 10.5 km
€421 Calm Villa · Private Infinity Pool 7.9 km
€159,80 Lucia's home, beach and mountains. 11.3 km
€294,40 Villa with pool near the beach for families 3.8 km
€195,20 Justine's Houses - Casa Carmen 18.0 km
€125,60 Beautiful house with a private pool. 18.5 km
€147,20 Casa Azul 18.6 km

Return & Value appreciation

Annual return

3.03%

5 Year Return

15.15%

10 Year Return

30.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, likely to attract higher rental income and appreciation.
  • Local market trends in 2027: Expected growth due to tourism and expatriate influx in Costa del Sol.
  • Property type: Popular holiday and investment property type, appealing to a broad market.
  • Economic outlook in 2027: Positive, with steady growth in Spain and the Eurozone.
  • Demographic developments: Increasing demand from retirees and holidaymakers, boosting property values.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure.
  • Historical WOZ value trends: Consistent increase reflecting rising property values in Estepona.

Possible improvements

  • Adding a private pool or hot tub to increase luxury appeal.
  • Upgrading kitchen appliances and fixtures for modern aesthetics.
  • Enhancing outdoor spaces with landscaping or additional terraces.
  • Implementing smart home technology for convenience and security.
  • Renovating bathrooms to high-end finishes for increased attractiveness.

Description

Discover this beautifully renovated three-bedroom apartment in Estepona, Spain, ideally situated just 200 meters from the stunning beaches of Las Salinas. This spacious property offers a modern living experience with a fully equipped kitchen featuring a dishwasher, oven, microwave, and coffee maker, complemented by a comfortable living room with a large flat-screen TV and access to a generous sun terrace. The master bedroom boasts a private bathroom, King-size bed, large closet, and private terrace access, while the two additional bedrooms each have two single beds, ample storage, and small terraces—perfect for family or guests. The apartment includes two bathrooms, one with a shower, accessible from the shared hallway. Residents enjoy access to premium amenities such as two outdoor pools, an indoor pool, sauna, gym, and complimentary Wi-Fi, making it an ideal holiday or investment property in Estepona, Spain. The property also features a dedicated underground parking space and a storage room, and will be sold fully furnished. Conveniently located 8 km from Estepona city center, 18 km from Marbella, and 34 km from Ronda, this Estepona property offers the perfect blend of comfort, convenience, and lifestyle in Spain’s sought-after Costa del Sol region.

Location

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