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Apartment in Estepona, 3 bedrooms, 180 m² €799.000

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3
Bedrooms
3
Bathrooms
180 m²
Surface area
€4439
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 180 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 180 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 180 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 180 m² - Afbeelding 3
+43 photos

Analysis

Price
€799.000
Own investment (30%)
€239.700
Buyer costs
€79.900
Estimated nightly rate
€174,27
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.491,47
Maintenance costs
-€150
Cleaning costs
-€333,33
Platform fees
-€516,82
Municipal taxes
-€182,29
Tax (19%)
-€146,59
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€174,27
High season
€232
Mid season
€170,33
Low season
€140

Price determining factors

  • Proximity to beaches, amenities, and scenic views increase desirability.
  • High-quality amenities and security features add value.
  • Location between Marbella and Estepona is highly sought after.

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

2.35%

5 Year Return

11.75%

10 Year Return

23.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment enhances value and rental appeal.
  • Local market trends in 2027: Expected growth in Costa del Sol's luxury and holiday rental markets.
  • Property type: High-demand holiday and second-home property type.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing number of affluent retirees and expatriates in Costa del Sol.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade interior finishes to premium materials.
  • Add smart home technology for modern appeal.
  • Enhance outdoor spaces with landscaping or additional features.
  • Improve energy efficiency to reduce running costs.

Description

Discover a turnkey investment opportunity in Estepona, Spain, with this stunning modern apartment perfectly positioned to capitalize on Marbella's thriving real estate market. This spacious, high-yield property offers a hassle-free second home in the heart of Costa del Sol, with a proven 7% annual ROI, supported by a loyal guest base that minimizes booking commissions. The owner-managed apartment has been successfully rented for four years, making it an ideal investment for those seeking passive income. This 250m² south-facing Boho-style apartment boasts spectacular sea views over Gibraltar and the Atlas Mountains from a generous 70m² terrace. Featuring three spacious bedrooms with ensuite bathrooms, an open-plan living area with floor-to-ceiling windows, and a fully equipped modern kitchen, it combines contemporary design with relaxed coastal charm. Natural light floods the interior, creating a bright and inviting atmosphere. Residents enjoy top-tier amenities, including underfloor heating, an indoor heated pool, spa, sauna, hammam, fully equipped gym, and social areas. The property includes one parking space, with the option for a second, and two storage units. Located just 3 minutes from La Laguna, Sublime, and Sonora Beach Bar, and close to major supermarkets, this gated residence offers 24/7 security in a peaceful, private setting. Positioned between Marbella and Estepona, this property is perfect for those seeking a luxurious Mediterranean lifestyle within Spain’s top coastal region. Invest in Estepona real estate today and enjoy a seamless blend of comfort, views, and prime location.

Location

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