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Apartment in Estepona, 3 bedrooms, 90 m² €415.000

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3
Bedrooms
1
Bathrooms
90 m²
Surface area
€
€4611
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 90 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 90 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 90 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 90 m² - Afbeelding 3
+23 photos

Analysis

Price
€415.000
Own investment (30%)
€124.500
Buyer costs
€41.500
Estimated nightly rate
€122,80
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€774,67
Maintenance costs
-€75
Cleaning costs
-€333,33
Platform fees
-€364,18
Municipal taxes
-€100,69
Tax (19%)
-€148,20
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€122,80
High season
€154
Mid season
€121
Low season
€96

Price determining factors

  • Proximity to beaches, marina, and amenities increases desirability.
  • Potential for renovation to increase value.
  • Strong tourism sector supporting rental income.

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

6.09%

5 Year Return

30.45%

10 Year Return

60.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovations can significantly increase value, especially since the property is in fair condition.
  • Local market trends in 2027: The Costa del Sol continues to be a popular destination, likely supporting steady appreciation.
  • Property type: Apartments in prime locations tend to appreciate well, especially top-floor units with views.
  • Economic outlook in 2027: Spain's economy is expected to grow moderately, supporting real estate investment.
  • Demographic developments: Increasing demand from both domestic and international buyers, especially retirees and holidaymakers.
  • Infrastructure plans in 2027: Ongoing improvements in transport, amenities, and tourism infrastructure will enhance property values.
  • Historical WOZ value trends: Consistent growth in property values in Estepona and surrounding areas.

Possible improvements

  • Renovate the kitchen and bathroom for modern appeal.
  • Add energy-efficient features to reduce utility costs.
  • Improve outdoor space or balcony to enhance outdoor living appeal.
  • Upgrade fixtures and fittings for a more contemporary look.

Description

Discover this charming top-floor apartment in Estepona, Spain, an ideal property for those seeking a vibrant seaside lifestyle or a smart investment opportunity on the Costa del Sol. Boasting 3 spacious bedrooms and a modern fully fitted kitchen, this 90 m² residence offers comfortable living with a 15 m² terrace perfect for enjoying sunny days and stunning mountain views. Located in the heart of Estepona, this property is just a short walk from the marina, shops, beaches, and excellent schools, making it an exceptional choice for families, holidaymakers, or investors looking for a resale opportunity in Spain. The apartment features practical amenities such as fitted wardrobes, fiber optic internet, entry phone security, and utilities including electricity, potable water, gas, and telephone. Its convenient setting near transport hubs and local churches enhances its appeal. Although the property is in fair condition, it provides a fantastic opportunity for renovation or immediate occupancy. With its prime location in Estepona, a renowned destination on Spain’s Costa del Sol, this apartment offers a blend of comfort, convenience, and investment potential in one of Spain’s most desirable coastal towns. Whether you’re searching for a holiday home, a rental property, or a resale investment, this top-floor Estepona apartment is a compelling choice for buyers interested in the Spain property market.

Location

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