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Apartment in Estepona, 3 bedrooms, 97 m² €389.000

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3
Bedrooms
2
Bathrooms
97 m²
Surface area
€
€4010
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 97 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 97 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 97 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 97 m² - Afbeelding 3
+70 photos

Analysis

Price
€389.000
Own investment (30%)
€116.700
Buyer costs
€38.900
Estimated nightly rate
€164,03
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€726,13
Maintenance costs
-€80,83
Cleaning costs
-€333,33
Platform fees
-€493,94
Municipal taxes
-€97,29
Tax (19%)
-€296,66
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 and attractive, supporting higher rental and resale prices.
  • Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
  • Property type: Apartments in gated communities tend to appreciate steadily due to security and amenities.
  • Economic outlook in 2027: Stable economic growth supports property value increases.
  • Demographic developments: Growing expatriate and retiree populations increase demand.
  • Infrastructure plans in 2027: Enhanced connectivity and amenities can boost 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

13.00%

5 Year Return

65.00%

10 Year Return

130.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern appliances and features, likely to retain or increase value.
  • Local market trends in 2027: Expected growth in tourism and expatriate population in Estepona, boosting property demand.
  • Property type: Apartment in a desirable gated community, appealing to both investors and residents.
  • Economic outlook in 2027: Moderate economic growth in Spain, supporting real estate appreciation.
  • Demographic developments: Increasing number of retirees and expatriates seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities, enhancing property appeal.
  • Historical WOZ value trends: Consistent increase in property values and local taxes, indicating rising demand.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Enhance outdoor living space with furniture or landscaping.
  • Implement energy-efficient solutions to reduce utility costs.
  • Add smart home features for modern convenience.
  • Improve interior decor to increase aesthetic appeal.

Description

Discover a stunning 97m² apartment in Estepona, Spain, offering the perfect blend of tranquility and modern living. Priced at €399,000, this desirable property is situated in a secure gated community in Estepona, Málaga, featuring access to a refreshing communal swimming pool and lush gardens. Ideal for those seeking a relaxed yet active lifestyle, this apartment provides two bathrooms, including a spacious master suite, and a luminous living room that opens onto a covered terrace—perfect for enjoying the mild Mediterranean climate. The contemporary kitchen is equipped with modern appliances, while the bedrooms offer picturesque views of the vibrant city and scenic mountains. Additional highlights include a private parking space and access to a garden filled with fruit trees, creating a cozy natural ambiance. Located just minutes from Estepona’s beautiful beaches, renowned restaurants, and green parks, this property is an excellent choice for anyone looking to invest in real estate in Estepona, Spain. Whether you’re searching for a permanent residence or a holiday retreat, this apartment combines comfort, nature, and convenience. Don’t miss your chance to own a piece of Estepona’s charm—contact us today to schedule a viewing and make this exceptional property yours.

Location

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