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Apartment in Estepona, 2 bedrooms, 89 m² €499.000

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2
Bedrooms
2
Bathrooms
89 m²
Surface area
€
€5607
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 89 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 89 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 89 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 89 m² - Afbeelding 3
+5 photos

Analysis

Price
€499.000
Own investment (30%)
€149.700
Buyer costs
€49.900
Estimated nightly rate
€126,60
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€931,47
Maintenance costs
-€74,17
Cleaning costs
-€291,67
Platform fees
-€398,55
Municipal taxes
-€118,54
Tax (19%)
-€160,10
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,60
High season
€167
Mid season
€124
Low season
€105

Price determining factors

  • Proximity to beaches, port, and amenities increases desirability.
  • High-quality finishes and modern design attract premium buyers.
  • Community amenities like pools, gyms, and security add value.

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

5.47%

5 Year Return

27.35%

10 Year Return

54.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The modern finishes and amenities suggest a high potential for appreciation.
  • Local market trends in 2027: The Costa del Sol region continues to attract international buyers and tourists, supporting property value growth.
  • Property type: Apartments in a new development tend to appreciate well due to modern features and demand.
  • Economic outlook in 2027: Spain's economy is expected to recover and grow, positively impacting real estate markets.
  • Demographic developments: An increasing number of expatriates and retirees are choosing Estepona for its lifestyle, boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will enhance property appeal.
  • Historical WOZ value trends: Consistent growth in property values and local taxes indicate a healthy market.

Possible improvements

  • Adding smart home technology for increased convenience.
  • Upgrading kitchen and bathroom fixtures to premium options.
  • Enhancing outdoor spaces with landscaping or additional furnishings.
  • Installing energy-efficient appliances and solar panels.

Description

Discover your perfect home in Estepona, Spain, with this exclusive new development offering 40 modern residences designed for comfort and style. These 2 to 3-bedroom properties range from 75m² to 118m², with prices from €297,000 to €467,000, making them an ideal choice for investors and families alike. Situated in a prime location close to Estepona's bustling port, beaches, shopping centers, and top schools, this community provides exceptional convenience. Each apartment features contemporary open-plan kitchens, spacious terraces, and high-quality finishes, complemented by amenities such as a communal swimming pool, landscaped gardens, private parking, and security gated access. Enjoy year-round comfort with climate-controlled air conditioning and stunning garden views from your living space. The development's orientation options—north, east, south, and west—ensure optimal sunlight and views. Plus, residents can benefit from a gym, storage rooms, and covered terraces, enhancing everyday living in this desirable Spanish town. Estepona is renowned for its vibrant local markets, rich cultural scene, and beautiful beaches, all within easy reach of Marbella and Málaga. This is an exceptional opportunity to own a stylish home or investment property in Estepona, Spain, amidst a thriving community that combines traditional charm with modern amenities. Embrace the Costa del Sol lifestyle today with these outstanding properties in Estepona, Spain.

Location

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