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Apartment in Estepona, 3 bedrooms, 113 m² €375.000

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3
Bedrooms
2
Bathrooms
113 m²
Surface area
€
€3319
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 113 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 113 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 113 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 113 m² - Afbeelding 3
+16 photos

Analysis

Price
€375.000
Own investment (30%)
€112.500
Buyer costs
€37.500
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€700
Maintenance costs
-€94,17
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€97,50
Tax (19%)
-€299,05
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€164,03
High season
€220
Mid season
€160,58
Low season
€130

Price determining factors

  • Proximity to beach and amenities
  • Sea views and natural light
  • Potential for renovation and upgrades
  • High demand in Estepona and Costa del Sol

Comparable accommodations

Rate Hotel / apartment Distance
€185 Entire House with Terrace in Marbella 21.4 km
€382,40 Three bed house with pool 50 metres from the beach 16.5 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 10.5 km
€281,20 Ocean Front Villa w/Private Pool 10.5 km
€421 Calm Villa · Private Infinity Pool 7.9 km
€159,80 Lucia's home, beach and mountains. 11.3 km
€294,40 Villa with pool near the beach for families 3.8 km
€195,20 Justine's Houses - Casa Carmen 18.0 km
€125,60 Beautiful house with a private pool. 18.5 km
€147,20 Casa Azul 18.6 km

Return & Value appreciation

Annual return

13.60%

5 Year Return

68.00%

10 Year Return

136.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovation can significantly increase value.
  • Local market trends in 2027: Expected growth due to tourism and demand for holiday rentals.
  • Property type: Apartments in desirable coastal areas tend to appreciate well.
  • Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
  • Demographic developments: Increasing demand from retirees and expatriates.
  • Infrastructure plans in 2027: Upgrades to transportation and amenities could boost property values.
  • Historical WOZ value trends: Consistent increase, reflecting rising property values.

Possible improvements

  • Renovate kitchen and bathrooms to modern standards
  • Improve interior finishes and fixtures
  • Enhance energy efficiency (e.g., windows, insulation)
  • Upgrade flooring and lighting
  • Add smart home features

Description

Discover this charming 3-bedroom apartment for sale in Estepona, Spain, ideally situated just one minute from the beach on Avenida Juan Carlos I. This spacious property offers 113 m² of living space, including a private 15 m² terrace with stunning sea views, perfect for enjoying the sunny Costa del Sol climate. Located in a highly desirable area of Estepona, the apartment is on the middle floor and faces south-southwest, ensuring abundant natural light throughout the day. It features three generous bedrooms with built-in wardrobes, two full bathrooms, an independent laundry room, and an included underground parking space. The property’s prime location provides easy access to the beach, promenade, marina, and all essential amenities such as shops, schools, and public transportation, making it an excellent choice for families or investors seeking high rental yields in Estepona, Spain. While requiring renovation, this apartment offers a fantastic opportunity to personalize and upgrade to your preferences. Whether you’re looking for a permanent home or a profitable investment property in Estepona, this residence combines convenience, sea views, and potential in the heart of Costa del Sol’s most sought-after area. Don’t miss the chance to own a piece of paradise in Estepona, Spain—just steps from the beach!

Location

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