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Apartment in Estepona, 2 bedrooms, 88 m² €492.000

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2
Bedrooms
2
Bathrooms
88 m²
Surface area
€
€5591
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 88 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 88 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 88 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 88 m² - Afbeelding 3
+47 photos

Analysis

Price
€492.000
Own investment (30%)
€147.600
Buyer costs
€49.200
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€918,40
Maintenance costs
-€73,33
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€117,05
Tax (19%)
-€162,55
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,46
High season
€167
Mid season
€123,92
Low season
€104

Price determining factors

  • Proximity to the beach and promenade: Highly desirable feature.
  • Renovation quality: Modern, high-quality finishes add value.
  • Location: Prime district in Estepona with access to urban amenities.
  • Views and outdoor space: Sea views and balcony enhance appeal.
  • Furnishings: Fully furnished properties attract buyers and renters.

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

5.63%

5 Year Return

28.15%

10 Year Return

56.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, fully renovated, modern finishes increase attractiveness and value.
  • Local market trends in 2027: Expected growth in coastal property demand due to tourism and lifestyle appeal.
  • Property type: Apartments in prime seaside locations tend to appreciate steadily, especially with direct access to amenities.
  • Economic outlook in 2027: Spain's economy is projected to recover and grow, supporting real estate appreciation.
  • Demographic developments: Increasing demand from expatriates and retirees seeking coastal living.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Convert the second bedroom into a third bedroom to increase rental and resale value.
  • Upgrade kitchen appliances and finishes for higher appeal.
  • Add smart home features for modern convenience.
  • Improve outdoor space with additional landscaping or furniture.
  • Enhance energy efficiency with solar panels or upgraded insulation.

Description

Discover this stunning first-floor apartment in the prestigious Paseo Maritimo district of Estepona, Spain. Renowned for its side sea views and direct access to the vibrant promenade, this fully renovated property offers an exceptional seaside living experience just steps from the beach. Located in the heart of Estepona, the apartment provides convenient proximity to shops, restaurants, schools, and public transportation, making it an ideal choice for both residents and investors seeking prime real estate in Spain. This spacious open-plan apartment boasts a bright living room with large windows and glass doors that flood the space with natural light. The warm parquet flooring complements the contemporary design, while the integrated kitchen with a breakfast peninsula makes entertaining effortless. Step out onto a charming 7m² balcony terrace, perfect for enjoying the Mediterranean climate and scenic sea views. The property features two bedrooms, with the potential to convert into three, each fitted with built-in wardrobes and modern finishes. The master suite includes a private bathroom with a large shower, complemented by a second fully equipped bathroom. High-quality finishes include porcelain flooring in wet areas and double-glazed windows for enhanced comfort. Additional amenities include air conditioning, a reinforced entrance door, elevator access, and direct promenade access. Sold fully furnished and in impeccable condition, this Estepona apartment offers a turn-key solution for seaside living in Spain. Embrace the vibrant coastal lifestyle, with all urban conveniences nearby, in this exceptional property in Estepona, Spain.

Location

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