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Apartment in Estepona, 3 bedrooms, 124 m² €669.000

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3
Bedrooms
124 m²
Surface area
€
€5395
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 124 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 124 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 124 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 124 m² - Afbeelding 3
+14 photos

Analysis

Price
€669.000
Own investment (30%)
€200.700
Buyer costs
€66.900
Estimated nightly rate
€169,31
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€1.248,80
Maintenance costs
-€103,33
Cleaning costs
-€333,33
Platform fees
-€502,11
Municipal taxes
-€154,66
Tax (19%)
-€190,98
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€169,31
High season
€221
Mid season
€165,67
Low season
€135

Price determining factors

  • Proximity to beaches and amenities: High desirability.
  • Quality of communal facilities: Adds value for residents.
  • Location in Estepona: Popular tourist and expatriate destination.
  • Property features: Modern appliances, private terraces, parking.

Comparable accommodations

Rate Hotel / apartment Distance
€165,20 Colorful & Cozy Old Town Gem: 5* Location, Rooftop 0.1 km
€171,60 Villa with pool near the beach for families 3.8 km
€326,40 Calm Villa · Private Infinity Pool 7.9 km
€214,60 Costa del sol villa with pool 9.1 km
€201,80 Chic 3BR Townhouse on the Beach + Pool + Parking 10.5 km
€159,80 Lucia's home, beach and mountains. 11.3 km
€169 Luxury house with views to Gibraltar & Sotogrande 15.4 km
€191,40 Townhouse with private pool and ocean view 16.4 km
€174 Townhouse in Nueva Andalucia 16.9 km
€114,20 Casa Jasmina with Private Plunge Pool 18.5 km

Return & Value appreciation

Annual return

4.87%

5 Year Return

24.35%

10 Year Return

48.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained new development enhances value.
  • Local market trends in 2027: Continued growth in Costa del Sol's real estate market.
  • Property type: Modern apartments attract high demand.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe.
  • Demographic developments: Increasing expatriate and retiree population.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities.
  • Historical WOZ value trends: Steady increase indicating rising property values.

Possible improvements

  • Upgrade interior finishes to premium materials.
  • Add smart home technology for modern appeal.
  • Enhance outdoor spaces with landscaping or additional features.
  • Improve energy efficiency with solar panels or insulation.

Risk level

Medium (75% certainty)

Description

Experience luxurious living in this exclusive new development in Estepona, Spain, offering modern 2 to 4-bedroom homes designed for comfort and style. These spacious residences range from 124m2 to 164m2 and are priced from €669,000, making them an ideal choice for investors and those seeking a second home in the Costa del Sol. Each property features high-end kitchens equipped with Siemens and Bosch appliances, private outdoor terraces, and access to premium communal amenities such as heated indoor pools, dedicated pools for adults and children, lush gardens, a coworking area, and a social club with a kitchen and putting green—perfect for relaxing or entertaining guests. Every home comes with a private parking space and storage room, ensuring convenience for residents. Situated in the charming coastal town of Estepona, the properties enjoy proximity to pristine beaches, a lively marina, and a historic old town filled with vibrant bars and restaurants. Estepona, renowned for its authentic Spanish charm and year-round sunshine, is a prime location for property investment in Spain, offering excellent rental potential and a high quality of life. With nearby Málaga Airport providing seamless connectivity, these homes represent an exceptional opportunity to enjoy the Mediterranean lifestyle in one of Spain’s most sought-after destinations.

Location

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