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Apartment in Estepona, 4 bedrooms, 134 m² €584.000

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4
Bedrooms
2
Bathrooms
134 m²
Surface area
€4358
Price per m²
Apartment
Property type
Apartment in Estepona, 4 bedrooms, 134 m² - Hoofdafbeelding
Apartment in Estepona, 4 bedrooms, 134 m² - Afbeelding 1
Apartment in Estepona, 4 bedrooms, 134 m² - Afbeelding 2
Apartment in Estepona, 4 bedrooms, 134 m² - Afbeelding 3
+38 photos

Analysis

Price
€584.000
Own investment (30%)
€175.200
Buyer costs
€58.400
Estimated nightly rate
€220,82
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€1.090,13
Maintenance costs
-€111,67
Cleaning costs
-€375
Platform fees
-€594,42
Municipal taxes
-€136,60
Tax (19%)
-€314,45
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€220,82
High season
€301
Mid season
€211,92
Low season
€157

Price determining factors

  • Proximity to beaches, shops, and amenities: Enhances desirability and value.
  • Community amenities: Swimming pool, underground parking, and storage add value.
  • Property size and layout: Spacious 134m² with flexible room options.
  • Recent construction: Built in 2021 with high-quality finishes, maintaining modern appeal.

Comparable accommodations

Rate Hotel / apartment Distance
€319 4 bed Villa in Nueva Andalucia - Heated Pool 18.9 km
€707,60 Luxury villa on beach. Puerto Banus walk 15 min 16.6 km
€567,60 Villa Tortuga Benamara 11.3 km
€598,80 Modern Golf Villa | Sea Views | Infinity Pool 10.4 km
€462,20 Family Beach Villa -Modern- Private pool -Estepona 2.1 km
€692,80 Golf & Seaview Villa with Heated Private Pool 4.2 km
€381,20 Beautiful villa with private pool 11.6 km
€322 Villa Sunlight near beach and Puerto Banus 15.1 km
€691,60 Nice villa with exceptional view to the sea! 15.6 km
€356,60 Villa with heated pool / Sea and Gibraltar view 15.8 km

Return & Value appreciation

Annual return

6.89%

5 Year Return

34.45%

10 Year Return

68.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern finishes, likely to retain value and attract tenants or buyers.
  • Local market trends in 2027: Expected growth in Costa del Sol's real estate market due to tourism and expatriate demand.
  • Property type: Apartments in desirable locations tend to appreciate steadily, especially in coastal areas.
  • Economic outlook in 2027: Spain's economy is projected to stabilize and grow, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in Costa del Sol will sustain demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities will enhance property values.
  • Historical WOZ value trends: Consistent increase in property values in Estepona over recent years, indicating a positive trend.

Possible improvements

  • Convert dressing room back into a fourth bedroom for increased rental or resale appeal.
  • Upgrade kitchen appliances and fixtures to modern standards.
  • Enhance outdoor spaces or balcony areas if available.
  • Implement energy-efficient upgrades, such as solar panels or smart home systems.

Description

Experience contemporary living in the heart of Estepona, Spain with this stunning modern apartment just a short walk from the beach. Located in one of Costa del Sol's most sought-after towns, this property offers the perfect blend of style, comfort, and convenience. Completed in 2021 with high-quality finishes, the apartment is move-in ready and ideal for those seeking a permanent residence, holiday home, or investment opportunity in Estepona, Spain. Set within a secure, gated community, the residence boasts a bright, spacious interior designed to maximize natural light. The open-plan living and dining area seamlessly connects to a sleek, fully fitted kitchen, perfect for everyday living and entertaining. A practical laundry area complements the stylish design. The property features three large bedrooms, with the option to convert the current dressing room back into a fourth bedroom, offering flexible space tailored to your needs. Residents benefit from excellent communal amenities, including a swimming pool, underground parking, and private storage. Located in central Estepona, Spain, this home provides easy access to beaches, shops, restaurants, and local services, making it an outstanding opportunity for buyers looking for a stylish, versatile property in Estepona, Spain. Early viewings are highly recommended for this modern Estepona apartment, a true gem in the Costa del Sol’s real estate market.

Location

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