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Apartment in Estepona, 3 bedrooms, 96 m² €390.000

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3
Bedrooms
1
Bathrooms
96 m²
Surface area
€
€4063
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 96 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 96 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 96 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 96 m² - Afbeelding 3
+18 photos

Analysis

Price
€390.000
Own investment (30%)
€117.000
Buyer costs
€39.000
Estimated nightly rate
€122,80
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€728
Maintenance costs
-€80
Cleaning costs
-€333,33
Platform fees
-€364,18
Municipal taxes
-€95,38
Tax (19%)
-€157,12
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

  • Economic outlook in 2027: Positive economic growth in Spain and tourism boost property values.
  • Demographic developments: Increasing population and urbanization in Estepona drive demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

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

6.87%

5 Year Return

34.35%

10 Year Return

68.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interiors increase attractiveness and value.
  • Local market trends in 2027: Growing demand for coastal properties in Estepona supports appreciation.
  • Property type: Apartments in high-demand areas tend to appreciate steadily.

Possible improvements

  • Renovate kitchen and bathroom for modern appeal.
  • Add outdoor space or balcony if possible.
  • Upgrade windows and insulation for better energy efficiency.
  • Enhance building amenities or common areas.

Description

Discover this charming ground-floor apartment in the vibrant Calvario district of Estepona, Spain, offering an ideal blend of comfort and urban convenience. Spanning 96 m², this modern residence features three bright bedrooms and a contemporary bathroom, with all windows facing the lively street to ensure abundant natural light and a lively connection to Estepona's bustling city center. Located in a well-maintained building equipped with an elevator and adapted for reduced mobility, this property guarantees effortless accessibility. The spacious living room creates a warm atmosphere, complemented by a fully equipped, independent kitchen perfect for modern living. Climate control is seamless with air conditioning throughout, ensuring comfort year-round. Situated in the heart of Estepona, the apartment provides easy access to supermarkets, restaurants, public transportation, and essential services, with the beautiful beaches just a ten-minute walk away. Whether you're seeking a low-maintenance home or a smart investment in Estepona's high-demand real estate market, this turnkey property is ready for immediate move-in. Embrace the coastal lifestyle of Estepona, Spain, by scheduling a viewing today and making this attractive apartment your new home.

Location

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