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Apartment in Estepona, 3 bedrooms, 145 m² €468.000

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3
Bedrooms
2
Bathrooms
145 m²
Surface area
€3228
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 145 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 145 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 145 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 145 m² - Afbeelding 3
+9 photos

Analysis

View Report
Price
€468.000
Own investment (30%)
€140.400
Buyer costs (10%)
€46.800
Estimated nightly rate
€165,57
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage interest rate (%)
Mortgage term (years)
Repayment (per year)
Total mortgage costs -€873,60
Maintenance costs
-€120,83
Cleaning costs
-€333,33
Platform fees
-€483,46
Municipal taxes
-€111,95
Tax (19%)
-€246,99
Earned back in

* Indicative calculation based on a linear mortgage.

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Nightly Rates

Estimated nightly rate
€165,57
High season
€220
Mid season
€161,33
Low season
€130

Price determining factors

  • Proximity to beaches and amenities: High desirability increases value.
  • Property features: Modern renovations and amenities add value.
  • Orientation and natural light: South-west orientation enhances appeal.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

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

6.75%

5 Year Return

33.75%

10 Year Return

67.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent renovations, increasing appeal and value.
  • Local market trends in 2027: Expected growth driven by tourism and expat demand on Costa del Sol.
  • Property type: Popular holiday and investment property type, likely to appreciate.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree population, boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities, enhancing property value.
  • Historical WOZ value trends: Consistent increase over past years, indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home technology for modern appeal.
  • Improve outdoor space with landscaping or a balcony upgrade.
  • Renovate bathrooms for a more contemporary look.

Description

Discover this exclusive apartment for sale in Estepona, Spain, where luxurious living meets peaceful coastal surroundings on the Costa del Sol. Perfectly positioned just 5 minutes from the beach and town center, this property offers unparalleled access to the best of Estepona's vibrant lifestyle. Spanning 145 m², the spacious apartment features three bright bedrooms and two modern bathrooms, including a master suite with a walk-in wardrobe and en-suite. Each room is designed to maximize natural light and opens onto a private 20 m² terrace, ideal for outdoor dining and relaxation. The recently renovated kitchen, elegant marble flooring, and central air conditioning enhance comfort throughout the year. The luminous living room serves as the home's central hub, inviting family gatherings and entertaining. Situated within a gated community with video surveillance, residents enjoy premium amenities such as a swimming pool, landscaped gardens, and a paddle tennis court, ensuring a secure and serene environment. Additional features include a private parking space and storage room for added convenience. With a south-west orientation, this Estepona property benefits from abundant sunlight, creating a warm and inviting atmosphere. Located in a tranquil yet well-connected area close to all amenities, this apartment is an ideal choice for families, holidaymakers, or investors seeking high-quality real estate in Estepona, Spain. Embrace a lifestyle of comfort, elegance, and strategic location on the Costa del Sol.

Location

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