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1 bedroom apartment in Estepona, Malaga, Spain

194 000€

Estepona, Málaga

Features

  • General
  • 1 bedroom
  • 1 bathroom
  • Terraces
  • Parking place
  • Areas
  • Built: 58 m²
  • Useful: 42 m²
  • Equipment
  • Installation of Air Conditioning
  • Central Heating
  • Swimming-pool

Property description

The promotion consists of seven blocks of flats with a total of 132 homes with 1, 2, 3 and 4 bedrooms with a garage, storage room, community swimming pool for adults and children and a childrens play area.The residential complex has 7 blocks distributed in 3 heights plus basements and they are integrated into the environment with a modern and contemporary architecture to enjoy this new complex.It is located in Estepona, a privileged enclave both for its environmental and development value, very close to Marbella, and just over 30 minutes from Algeciras and Gibraltar. It is located just 10 minutes from the beach and is surrounded by all the necessary services: early childhood, primary and secondary education centers, supermarkets, health center, sports centers, cultural centers, leisure areas, etc.

Property summary

The property I'm considering is a modern and stylish residential complex in the sought-after area of Estepona, Spain. The complex comprises of seven well-designed blocks of flats, each ranging in height from three to four floors above ground level, with a total of 132 homes available. Based on the price point of 194,000€ for each flat, the size and layout of the property appear to be quite generous, considering the various testimonies given for various numbers of beds and overall amenities. From a real estate investment perspective, the location of the property in Estepona sees it surrounded by established infrastructure, providing residents with easy access to essential amenities like schools, supermarkets, healthcare services, sports facilities, and leisure activities. This ensures that the property remains stable, as it appeals to a diverse set of individuals – young professionals, families, summer renters seeking a more relaxed lifestyle. The proximity to beaches and major nearby cities such as Marbella, Algeciras, and Gibraltar adds to its appeal. The property's design is clever in its use of space, providing storage for each unit, which is uncommon in Spanish property developments. The inclusion of garages in each home is practical, especially considering the secure and secluded nature of the apartment complex. The rooftop pool areas look as inviting as you'd expect, offering wonderful views of the surrounding area. The separate swimming area for children and a designated play zone will surely be appreciated by families. Hiring a property management company would be advisable to maintain the property’s condition and amenities, ensure all requirements are met, and if needed, provide additional services such as in-resort maintenance personnel, concierge services, 24/7 maintenance emergencies responding and much more. In the case of an investment, a long-term tenant could be found to maximize the yield on the investment. However, local regulations shall be thoroughly studied. On the lifestyle front, an apartment in this complex would be ideal for those seeking relaxation but are not too far from city life and leisure activities. The fact that it's located just 10 minutes away from the beach makes it perfect for those who yearn for a seafront lifestyle without being fully immersed in it. And with its proximity to nearby cities, trips to Gibraltar, for instance, would be easily accessible. Overall, this property represents a prudent investment opportunity, especially when considering the growing popularity of the area. The thoughtful planning and integration with the natural environment shows that the developers have catered for the ever-evolving needs of property buyers and investors, whilst also creating a desirable living space. Notwithstanding the immediate need to incorporate 5G networks and Fiber online infrastructure at this location, I would not see it as a deterrent from my purchase.

Location

Estepona, Málaga

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