Estepona Heights, Estepona
- Properties From $195,604
- Tenure: Freehold
- Estimated Rental Return: 12%
- Completion: Q2 2025
- This new development is very well located, just a short drive to the pretty old town of Estepona and the beach. It is also close to Marbella and Gibraltar.
- Marbella has seen prices sky rocket in the last 10 years, with many buyers moving a little further afield to find value. This means that there is still plenty of room for growth in the market, making Estepona a smart choice for investors.
- The Costa del Sol has a booming touristic market. Up to half of all property sales in Costa del Sol are foreign investments.
The Property
Atica Homes consists of seven housing blocks with a total of 132 homes. These include 1, 2, 3 and 4 bedrooms, all with a garage, storage room, and access to a community pool for adults and children and a children’s play area.
The residential complex has 7 blocks, distributed in 3 heights plus basements. It is integrated into the environment with modern and contemporary architecture.
Atica Homes is located in Estepona, a privileged enclave both for its environmental and development value. Estepona is 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: children’s, primary and secondary education centers, supermarkets, health centers, sports centers, cultural centers, leisure areas, etc.
Why Spain?
- 87 million visitors per year
- 300 days of sunshine
- Low cost of living
Spain is considered one of the most attractive countries for real estate investments in Europe. In Spain, the demand for rental properties has increased by more than 10% year on year. An expanding market offers many advantages, such as a large number of potential customers, as well as less intense competition. According to a report published by the Central Bank of Spain in 2022, properties can expect a return of + 11.2%. The good news for international real estate cash-buyers: it should be easier to find properties as interest rates are rising. In 2019 (prior to Covid) Spain was the second most visited country in the world with 83.7 million visitors. Some of the worlds biggest REITs have turned their attention to developing luxury homes on the Costa del Sol due to the high ROI.
Est. Returns
- Occupancy Rates: 66%*
- Est Revenue: $23,500*
- *Based on AirBnB data
Location
The Costa del Sol is a famous tourist and relocation destination, due to its beautiful beaches coupled with fantastic year-round weather. Estepona lies to the east of Marbella (one of the most expensive areas to buy property in Spain), offering great value for money in a calmer area. Estepona’s recently refurbished old town is considered one of the prettiest in Andalusia. An extensive array of amenities surrounds this complex. It offers the possibility to live the “urban lifestyle” with several shops, supermarkets, schools, and sports facilities only a stone’s throw from the property, and it is a short drive from the most famous golf courses on the Costa del Sol. This area is popular with both holiday makers and permanent residents. Located within 10 minutes of the beach and old Estepona, the area has both mountain and sea views.
Contact us
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