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Apartment in Estepona, 3 bedrooms, 131 m² €430.000

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3
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€3282
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 131 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 131 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 131 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 131 m² - Afbeelding 3
+14 photos

Analysis

Price
€430.000
Own investment (30%)
€129.000
Buyer costs
€43.000
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€802,67
Maintenance costs
-€109,17
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€103,88
Tax (19%)
-€275,48
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

  • Property condition: Modern renovations and high-quality finishes.
  • Local market trends in 2027: Rising demand for holiday and permanent residences in Estepona.
  • Property type: Duplex apartments tend to appreciate faster due to their desirability.
  • Economic outlook in 2027: Economic stability and growth in Spain support property appreciation.
  • Demographic developments: Growing expatriate community and retirees increase demand.
  • Infrastructure plans in 2027: New developments and upgrades in local infrastructure.
  • Historical WOZ value trends: Consistent upward trend in property valuation.

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

10.92%

5 Year Return

54.60%

10 Year Return

109.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Recently renovated to high standards, which enhances its value and appeal.
  • Local market trends in 2027: Expected growth due to increasing demand for coastal properties in Estepona.
  • Property type: Duplex apartment in a desirable location, typically appreciating well in coastal areas.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors likely to grow.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal homes.
  • Infrastructure plans in 2027: Improvements in transportation and amenities in Estepona could boost property values.
  • Historical WOZ value trends: Steady increase over recent years, indicating a stable market.

Possible improvements

  • Adding a private outdoor space or garden.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing energy efficiency with solar panels or better insulation.
  • Modernizing bathrooms further for increased luxury appeal.
  • Improving smart home features for convenience and security.

Description

Discover your dream coastal lifestyle with this luxurious duplex apartment in Estepona, Spain. Perfectly situated in the heart of Estepona, this stunning 3-bedroom property offers a harmonious blend of elegance, comfort, and modern design. The spacious living area features an open-plan kitchen and a stylish lounge, ideal for relaxing or entertaining guests. Two beautifully renovated bathrooms, including one with a walk-in shower, add to the apartment's appeal. Step onto your private balcony to enjoy breathtaking pool views while sipping your favorite beverage, or take advantage of the communal pool for ultimate relaxation on sunny days. Recently renovated to high standards, this Estepona apartment boasts sleek finishes, contemporary amenities, and meticulous attention to detail, reflecting superior craftsmanship. Located just moments from Estepona’s vibrant port, residents can easily access charming cafes, boutique shops, and scenic promenade walks, embracing the lively coastal lifestyle of southern Spain. Whether you're seeking a luxurious holiday home or a permanent residence, this exceptional property presents a rare opportunity to own a piece of paradise in Estepona, Spain. Contact us today to schedule a viewing and experience the unmatched elegance and convenience of this prime Estepona real estate.

Location

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