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Apartment in Estepona, 3 bedrooms, 130 m² €479.000

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3
Bedrooms
3
Bathrooms
130 m²
Surface area
€
€3685
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 130 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 130 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 130 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 130 m² - Afbeelding 3
+37 photos

Analysis

Price
€479.000
Own investment (30%)
€143.700
Buyer costs
€47.900
Estimated nightly rate
€175,01
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€894,13
Maintenance costs
-€108,33
Cleaning costs
-€333,33
Platform fees
-€519,01
Municipal taxes
-€107,91
Tax (19%)
-€284,50
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€175,01
High season
€230
Mid season
€171,08
Low season
€141

Price determining factors

  • Proximity to beaches, golf courses, and amenities.
  • Luxury features and recent renovations.
  • High demand for vacation and holiday homes in Costa del Sol.
  • Potential for rental income due to tourist influx.

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

10.13%

5 Year Return

50.65%

10 Year Return

101.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The recent renovation enhances value and appeal.
  • Local market trends in 2027: Growing demand for luxury properties in Costa del Sol.
  • Property type: Duplex apartments are highly desirable for their space and privacy.
  • Economic outlook in 2027: Stable economic growth in Spain and the Eurozone.
  • Demographic developments: Increasing number of expatriates and retirees seeking properties in Spain.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Estepona.
  • Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.

Possible improvements

  • Adding a private balcony or terrace to enhance outdoor living space.
  • Upgrading kitchen appliances and fixtures for modern appeal.
  • Implementing smart home technology for convenience.
  • Enhancing landscaping and outdoor areas.
  • Adding solar panels to improve energy efficiency.

Description

Discover this exceptional 3-bedroom, 3-bathroom duplex apartment for sale in the sought-after Cortijo del Mar development in Estepona, Spain. Perfectly situated in the heart of Costa del Sol, this spacious and luxurious property offers an ideal blend of comfort, style, and investment potential. The recently renovated apartment boasts expansive living areas, an open-concept kitchen with modern appliances, and three elegant bedrooms, each featuring en-suite bathrooms—highlighting the master suite with a relaxing whirlpool bath and separate shower. Residents of this Estepona property benefit from access to beautifully landscaped gardens, a large swimming pool, and an on-site restaurant, making it an ideal vacation or permanent residence. The apartment also includes a private garage and a storage room, ensuring convenience and security. Located in the vibrant Costa del Sol region, this Estepona apartment provides easy access to pristine beaches, renowned golf courses, and charming local amenities. Whether you’re seeking a luxurious holiday home or a valuable real estate investment in Spain, this property offers excellent value with high-quality finishes and a prime location. Don’t miss the opportunity to own a superb property in Estepona, Spain, that combines comfort, elegance, and outstanding amenities in one of the most desirable areas on the Costa del Sol.

Location

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