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Apartment in Estepona, 2 bedrooms, 149 m² €575.000

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2
Bedrooms
2
Bathrooms
149 m²
Surface area
€3859
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 149 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 149 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 149 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 149 m² - Afbeelding 3
+14 photos

Analysis

Price
€575.000
Own investment (30%)
€172.500
Buyer costs
€57.500
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.073,33
Maintenance costs
-€124,17
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€134,69
Tax (19%)
-€120,61
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103

Price determining factors

  • Proximity to the city center and amenities.
  • Views from the terrace and overall modern design.
  • Access to communal facilities like the pool and parking.
  • Potential for rental income due to location and amenities.

Comparable accommodations

Rate Hotel / apartment Distance
€118 Villacana Villa-holiday by the beach 9.0 km
€139,40 Townhouse – 3 floors Close to the beach! 11.2 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 0.4 km
€139 Casa Relajante - big summer garden 1.4 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 3.2 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 17.7 km
€108,40 Marbella Townhouse near Top Golf Courses 18.9 km
€161,60 Luxury Oasis at Alcazaba Lagoon 7.1 km
€298,60 Superb Townhouse in Golden Mile 21.0 km
€124,71 Casa Strandblick (Sea view villa) 7.9 km

Return & Value appreciation

Annual return

2.68%

5 Year Return

13.40%

10 Year Return

26.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment with recent renovations enhances value.
  • Local market trends in 2027: Continued growth in Costa del Sol's real estate market driven by tourism and expatriate demand.
  • Property type: Apartments in desirable locations tend to appreciate steadily, especially in popular tourist destinations.
  • Economic outlook in 2027: Expected steady economic growth in Spain and the Eurozone supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations in Costa del Sol boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities will support property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Upgrade kitchen appliances and finishes to premium quality.
  • Add smart home features for modern convenience.
  • Improve outdoor spaces with landscaping or additional furniture.
  • Enhance energy efficiency with solar panels or better insulation.

Description

Discover this stunning modern 2-bedroom, 2-bathroom apartment in Estepona, Spain, an ideal choice for those seeking a move-in-ready property on the Costa del Sol. Situated in the vibrant northern area of Estepona center, just steps from the Fairgrounds, this property seamlessly blends peaceful residential living with the lively spirit of the city. This new development boasts a spacious open-plan living area with a fully equipped American-style kitchen, perfect for contemporary living and entertaining. From the main bedroom, step out onto a generous open terrace offering panoramic views of Estepona’s charming cityscape — an ideal spot to unwind. The apartment features two modern bathrooms with high-quality finishes, ensuring comfort and style. Additional amenities include a dedicated parking space and a storage room within the same building, alongside access to a communal swimming pool for sunny days. Located in a rapidly growing area close to Estepona’s historic center, this property benefits from excellent transportation links to Marbella (25 minutes), Puerto Banús (18 minutes), Sotogrande (25 minutes), Málaga Airport (45 minutes), and Gibraltar (45 minutes). Whether you’re looking for your first home or a lucrative investment in Spain’s real estate market, this Estepona apartment offers a unique opportunity to enjoy the best of Costa del Sol living. Don’t miss out on owning a prime property in Estepona, Spain.

Location

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