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Apartment in Estepona, 3 bedrooms, 220 m² €499.000

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3
Bedrooms
2
Bathrooms
220 m²
Surface area
€2268
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 220 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 220 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 220 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 220 m² - Afbeelding 3
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Analysis

View Report
Price
€499.000
Own investment (30%)
€149.700
Buyer costs
€49.900
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€931,47
Maintenance costs
-€183,33
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€118,54
Tax (19%)
-€232,03
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 the sea, golf courses, and city center.
  • High-quality amenities and community features.
  • Modern interior and exterior finishes.
  • Potential for rental income due to tourist influx.

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

5.95%

5 Year Return

29.75%

10 Year Return

59.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value retention and growth.
  • Local market trends in 2027: Expected to be positive due to increasing demand for coastal properties and tourism in Costa del Sol.
  • Property type: Apartments in high-demand gated communities tend to appreciate steadily.
  • Economic outlook in 2027: Favorable, with growth in tourism and real estate sectors boosting property values.
  • Demographic developments: Growing expatriate and retiree populations seeking coastal living.
  • Infrastructure plans in 2027: Planned improvements in transportation, healthcare, and amenities will enhance property appeal.
  • Historical WOZ value trends: Consistent increase over the past years, indicating rising property values in the area.

Possible improvements

  • Adding a private pool or hot tub.
  • Upgrading smart home features.
  • Enhancing outdoor spaces with landscaping.
  • Installing solar panels for energy efficiency.

Description

Discover this stunning apartment in Estepona, Spain, perfectly situated in the sought-after Estepona West area near Azata Golf course. Offering breathtaking views of the golf course, majestic mountains, and a serene nearby lake, this property combines natural beauty with luxurious living. Its prime location provides easy access to the Mediterranean Sea, vibrant city center, and a variety of excellent restaurants, making it an ideal choice for those seeking comfort, tranquility, and a vibrant lifestyle on the Costa del Sol. This spacious, light-filled Estepona apartment features a large living room opening onto a private terrace enclosed with Lumon glass, allowing for year-round outdoor enjoyment with panoramic golf and mountain views. The fully renovated kitchen boasts high-end furniture, modern appliances, and a dedicated laundry area, all designed for maximum functionality. Elegant marble floors and sleek glass doors enhance the contemporary aesthetic. With three bedrooms, all fitted with built-in wardrobes, and two bathrooms in impeccable condition, this property offers ample space for families or guests. The apartment is sold furnished and includes a parking space and a storage room. Modern comforts such as air conditioning, electric blinds, double glazing, and a reinforced security door ensure a premium living experience. Residents benefit from lush communal gardens, multiple swimming pools, and a social club, all within a secure gated community. Additional amenities include an elevator and secure entrance for peace of mind. This Estepona property epitomizes the best of Costa del Sol living—combining natural beauty, modern amenities, and a prime location in one exceptional package.

Location

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