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Apartment in Estepona, 3 bedrooms, 138 m² €539.000

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3
Bedrooms
2
Bathrooms
138 m²
Surface area
€3906
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 138 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 138 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 138 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 138 m² - Afbeelding 3
+34 photos

Analysis

Price
€539.000
Own investment (30%)
€161.700
Buyer costs
€53.900
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.006,13
Maintenance costs
-€115
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€127,04
Tax (19%)
-€229,21
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, amenities, and transportation hubs.
  • Quality of finishes and modern design.
  • Availability of communal amenities like pools and green spaces.
  • Potential for rental income, especially for holiday rentals.
  • Local property taxes and regulations.

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

5.44%

5 Year Return

27.20%

10 Year Return

54.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern finishes enhance value.
  • Local market trends in 2027: Growing demand for Costa del Sol properties due to tourism and expatriate influx.
  • Property type: Ground-floor apartments with private gardens are highly desirable.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities increase attractiveness.
  • Historical WOZ value trends: Consistent increase in property values in Estepona and surrounding areas.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance outdoor living space with additional landscaping or furniture.
  • Install smart home technology for added convenience.
  • Improve energy efficiency with solar panels or better insulation.
  • Renovate bathrooms for a more luxurious feel.

Description

Discover this exceptional ground-floor apartment in Estepona, Spain, offering a spacious private garden and breathtaking open views of the sea and mountains. Located within a modern residential complex completed in 2021, this Estepona property combines contemporary design with comfort and convenience. Just a five-minute drive from Estepona town center and well-connected by an interurban bus line, it provides easy access to Marbella, Sotogrande, and major highways, making it ideal for both permanent living and holiday retreats on the Costa del Sol. This stylish apartment features high-quality finishes, a bright open-plan living room, dining area, and a fully equipped kitchen with custom cabinetry, optimizing space and functionality. From here, step out onto a large covered terrace perfect for year-round outdoor living. The private garden offers ample space for outdoor entertaining, gardening, or relaxing in privacy. The master suite boasts a walk-in wardrobe, direct porch access, and a fully renovated en-suite bathroom. Additional amenities include electric shutters, a secure locking system, a private parking space, and a storage room—ensuring comfort and practicality. Residents enjoy access to communal amenities such as a swimming pool and beautifully maintained green areas, all within a striking contemporary architectural setting. This Estepona apartment is an ideal choice for those seeking a modern, move-in-ready home in Spain’s Costa del Sol, whether as a primary residence or a lucrative investment property.

Location

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