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Apartment in Estepona, 3 bedrooms, 232 m² €779.500

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3
Bedrooms
2
Bathrooms
232 m²
Surface area
€3360
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 232 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 232 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 232 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 232 m² - Afbeelding 3
+15 photos

Analysis

Price
€779.500
Own investment (30%)
€233.850
Buyer costs
€77.950
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.455,07
Maintenance costs
-€193,33
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€178,14
Tax (19%)
-€119,32
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 transport links.
  • High-quality construction and modern design.
  • Exclusive amenities like pool, gym, and private parking.
  • Tourism and expatriate influx.
  • Limited supply of similar high-end apartments in the area.

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

1.96%

5 Year Return

9.80%

10 Year Return

19.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment built in 2023, likely to retain high value.
  • Local market trends in 2027: Expected growth in coastal property demand due to tourism and lifestyle appeal.
  • Property type: High-demand apartment in a desirable location.
  • Economic outlook in 2027: Positive economic growth in Spain, boosting real estate investments.
  • Demographic developments: Increasing population and expatriate interest in Estepona.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing property value.
  • Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.

Possible improvements

  • Adding smart home technology for modern convenience.
  • Upgrading interior finishes or appliances.
  • Enhancing outdoor space with landscaping or additional features.
  • Improving energy efficiency with solar panels or better insulation.
  • Renovating bathrooms or kitchen for a more luxurious feel.

Description

Discover your dream home in Estepona, Spain, with this stunning modern apartment offering 232 m² of luxurious living space. Perfectly situated in this charming coastal town, this spacious property features three bedrooms, two bathrooms, and a sprawling 83 m² private terrace—ideal for enjoying the Mediterranean climate and outdoor entertaining. The fully equipped, elegant kitchen seamlessly connects to a bright dining area with large windows, providing unobstructed views and abundant natural light. Designed for comfort and style, the apartment includes built-in wardrobes, air conditioning, underfloor heating, and two private underground parking spaces. Residents benefit from exclusive access to a beautifully landscaped complex with a pool, sun loungers, parasols, a fully equipped gym, and leisure facilities like a darts and ping-pong room, ensuring a high standard of living. Located just under 1 km from major supermarkets, health centers, and a variety of restaurants, cafes, and boutiques, this Estepona property offers unbeatable convenience. Excellent connectivity via the A-7 motorway ensures quick access to Marbella and Malaga Airport, making it ideal for permanent residence or investment. Built in 2023, this first-floor apartment combines modern comforts with the relaxed Spanish lifestyle, set amidst the scenic beauty and rich culture of Estepona, Spain. Don’t miss the opportunity to own this exceptional property in one of Spain’s most desirable coastal towns.

Location

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