3 Bedroom Apartment For Sale in Estepona

Estepona, Andalucia, Spain

Property ID: #129669 // RESIDENTIAL
2,519 ft²
- acres
3 beds
3 baths
  • Title
    3 Bedroom Apartment For Sale in Estepona
  • City
    Estepona
  • State
    Andalucia
  • Country
    Spain
  • Property Type
    Residential
  • Additional Types
    Apartment
  • Beds
    3
  • Full Baths
    3.00
  • Square Feet
    2,519
  • Units
    28
  • MLS Number(s)
    743
PROPERTY INFORMATION

Only 28 amazingly large 3 & 4 bedroom residences on the front line of the Mediterranean Sea.
It is the result of a team work, focused on the creation of the "Perfect Homes" adapted to the new lifestyle, using the most innovative design together with the latest quality materials, many of them specially created for this development.
On the front line of the Mediterranean Sea, the developer has conceived a new idea of residential complex, where each of the privileged families who lives in the complex, will enjoy a new concept of apartment, that even though being apartments conveying the sense to be living in a villa.
Counting with amazing windows and enormous terraces, each of the buildings that compound the complex is frontal to the beach, making possible the enjoyment of endless views of the Mediterranea Sea.
On an almost 20.000 m2 front line beach plot of land, this project is a High Security Gated Complex, of just 6 small blocks, comprising only 28 amazingly large 3 & 4 bedroom residences and exclusive access to the beach. Each of the apartments includes a minimum of 3 large parking spaces, with direct access into a private "basement-storage", directly connected with each of the homes through a private elevator.
The modern design of the gardens still conserves a Mediterranean essence, most of these gardens are spread between the residential and the sea, where a new concept of swimming pool merges with the nature. Swimming all year round on a front line beach position, becomes possible thanks to its large dimension Outdoor Heated pool, which integrates a "Bajo Shelf"area (Solarium) and it is run by salt chlorination system. The infinity side of the pool gives the final touch, allowing an amazing visual integration of both waters, the pool one with the sea one.
The total built sizes of the 3 bedroom apartments go from 405 m2 up to 431 m2, and the 4 bedroom ones from 548 m2 up to 813 m2.
The design of the construction together with the most advanced technologies, as well as the innovative materials used, have given way to the breath-taking Smart Apartments that compound this development..

 

Our reference for this 3 bedroom Apartment for sale in Estepona: A743 / R3300148

Estepona is a very charming Spanish city located 10 km south of Marbella, with a very authentic feeling. Originally a fishing village, the city has developed naturally with time. The city is still undergoing improvements to meet the demands from the property owners who decide to buy property in Estepona. The city center and its 5km long beach promenade offers many typical Spanish restaurants and Chiringuitos - Beachbars. The majority of the apartments for sale in Estepona is located either in the outskirts of the city center, or in the many beachfront apartment developments.

The permanent population in 2017 was around 75.000 inhabitants, and as a result the city is alive even in the winter time. The city offers many different activities, such as Selwo adventure park - a zoo integrated in natural surroundings, a gocart track, and a botanical garden. The muncipiality consists of several different areas such as Selwo, Cancelada, Atalaya, Costalita, El Cristo & Valle Romano. There is also a large industrial area, with car dealerships, outlets and home to many companies. The general price level for properties for sale is increasing. Over the last 10 years many properties have seen an increase of 50-100%.

Property Buying Tips

So you’ve decided to buy! Congrats, that’s great!
Here are some great tips to get you on your way to ownership.

1. Determine Your Budget & Save

Take into account the average down-payment is 10%. 10% is not required, but the loan amount and approval will fluctuate depending on the percentage you put down. Determine how much you can pay for your monthly mortgage. Outline your expenses and be honest with yourself about what you can reasonably afford. Also, ask yourself what happens if you lose your job? Or if you’re part of a couple, what happens if your spouse loses their job?

2. Secure a Loan

Once you’ve got your budget in order, it’s time to go shopping for a loan. Visit multiple lenders to weigh your options and find the best deal. Each bank will determine if you are eligible and at what interest rate you will be charged. based on your financial situation. Make sure to ask questions such as what the breakdown of the monthly payments will be once you have made your down payment, how the loan term will affect your monthly payments, whether or not the interest rate is fixed or variable, if home insurance or any other services are included within the home purchase amount.

3. Be Prepared

Have a current Pre-qualification letter and good faith deposit funds available. Technology makes it easier than ever for your real estate agent to draft and transmit a purchase offer back and forth for your signatures. But, this is only one piece of the puzzle. You also need a current pre-qualification letter, and ready access to your good faith deposit. This can be obtained from the bank and confirms their willingness to give you a loan. Most sellers won’t accept a letter that’s more than three months old. If your home search lasts for more than three months, you’ll need an updated pre-qualification letter. When you submit your offer, it must include a check for the good faith deposit. Generally, good faith is at least 3% of the purchase price. This check will be deposited into an escrow account within three days of an accepted offer.

4. Stay Informed

Always make sure to do your homework and learn the history on a property you are interested in. Does the neighborhood have a high crime rate or a new highway/major road being constructed nearby that could be affecting the price? Is the heating, plumbing, roofing and window work in good condition? Those hidden problems can lead to major expenses in the future - post purchase. Ask your realtor for a property condition report and and see if the home comes pre-inspected. If not, we highly recommended to get and inspection before the purchase is complete. Being “in-the-know” and taking the extra steps can save you money and headaches in the long run.

Traditional Sale
List Price:
$3,584,147

By placing an offer, you are agreeing to the terms & conditions of the traditional sales process.

Wondering how the traditional sales process works? Click here.

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Agent Contact & Showing Info
  • Kasper Borregaard-Otzen
  • Avante Real Estate & Investment
Financing

Please contact your local lender