Linksview Estate, Estepona
- Properties From $249,000
- Tenure: Freehold
- Estimated Rental Return: 10%
- Completion: Q4 2023
- This well-priced development has a privileged situation as it is between Estepona, with its Marina and golf courses, and the Bahía de Casares. The development is located a few minutes from the coast, with beaches such as Arroyo Vaquero or Bahía Dorada
- 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
Linksview Estate, Estepona is a project of 90 homes with 1, 2, and 3 bedrooms ranging from 262 to 341 square feet. The properties offer beautiful views of the Mediterranean sea, and each one includes a garage space and a storage room.
The homes are designed to harmonize with the surrounding natural landscape, seamlessly extending indoor spaces onto the terraces. In addition, the complex has common areas with two saline chlorination pools, a multisport court, a social club for recreational or sports activities, as well as large green areas. It is an exclusive gated community to guarantee security and privacy.
The resort is in close proximity to the golfing areas in Estepona.
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: 50%*
- Est Revenue: $26,600*
- *Based on AirBnB data
Location
The Costa del Sol is a famous tourist and relocation destination due to its quality beaches coupled with a fantastic year-round weather. Estepona lies to the east of Marbella (one of the most expensive areas to buy property in Spain) offering good value for money in a calmer area. Estepona’s recently refurbished old town is considered one of the prettiest in Andalusia. This development is located on the New Golden Mile, a name given to the stretch of coastline between San Pedro Alcantara in Marbella and Estepona. This area is popular with both holiday makers and permanent residents. The resort is located in the hills in Estepona’s golfing area and only a short drive to the beach and pretty old town.
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