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Apartment in Estepona, 2 bedrooms, 90 m² €400.000

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2
Bedrooms
2
Bathrooms
90 m²
Surface area
€
€4444
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 90 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 90 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 90 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 90 m² - Afbeelding 3
+11 photos

Analysis

Price
€400.000
Own investment (30%)
€120.000
Buyer costs
€40.000
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€746,67
Maintenance costs
-€75
Cleaning costs
-€291,67
Platform fees
-€398,11
Municipal taxes
-€97,50
Tax (19%)
-€198,57
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 beaches and amenities: Enhances desirability and value.
  • Community features: Social club, gardens, elevator access add value.
  • Property condition: Modern, recently completed construction supports higher valuation.
  • Location: Estepona's popularity as a holiday and retirement destination boosts prices.
  • Market demand: High demand for rental and holiday homes in Costa del Sol.

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

8.47%

5 Year Return

42.35%

10 Year Return

84.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartment, built in 2020, which supports steady appreciation.
  • Local market trends in 2027: Expected growth in Costa del Sol's real estate market due to tourism and expatriate influx.
  • Property type: Apartments in desirable coastal areas tend to appreciate steadily, especially with amenities and community features.
  • Economic outlook in 2027: Positive economic growth in Spain and the EU, boosting property demand.
  • Demographic developments: Increasing expatriate and retiree populations seeking coastal properties.
  • Infrastructure plans in 2027: Ongoing improvements in transport, healthcare, and leisure facilities in Estepona.
  • Historical WOZ value trends: Consistent increase in property values and local taxes, indicating rising property worth.

Possible improvements

  • Upgrade kitchen appliances and fixtures to modern, energy-efficient models.
  • Enhance interior decor for a more luxurious feel.
  • Add smart home features for convenience and modern appeal.
  • Improve outdoor space with landscaping or additional furnishings.
  • Renovate bathrooms for a more contemporary look.

Description

Discover this modern 2-bedroom apartment for sale in Estepona, Spain, ideally situated within the contemporary Residencial Puerto Blanco development. Completed in 2020, this stylish property offers a spacious 90.74 sqm of total built area, including 66.15 sqm of comfortable interior living space and a private terrace, perfect for enjoying the Mediterranean climate. Located on the first floor of Portal 2, the apartment features an entrance hall, a fully fitted kitchen, a bright living and dining area, two bedrooms, two bathrooms, and a convenient utility/laundry room with direct access to the terrace. The property’s practical layout makes it an excellent choice for both permanent residence and rental investment in Estepona. Included with the apartment is a private underground parking space on Basement Level -2, measuring 13.39 sqm, ensuring secure parking for residents. The Residencial Puerto Blanco community boasts modern construction, elevator access, well-maintained communal gardens, and exclusive access to a social club, enhancing the living experience. This Estepona apartment benefits from a valid First Occupancy Licence and Energy Efficiency Certificate, ready for immediate occupancy or rental income. Located just minutes from pristine beaches, local amenities, and excellent transport links, this property is perfect for those seeking a beachfront holiday home, permanent residence, or investment property in Estepona, Spain. Experience the best of Costa del Sol living with this exceptional property in Estepona, Spain.

Location

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