7 min read
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November 5, 2025

Estepona sea‑view 3‑bed: PI Properties Investment case study

Estepona 3‑bed sea‑view apartment presented by PI Properties Investment — a market‑aware listing packaged for international buyers with yield‑focused documentation.

Klara Andersson
Klara Andersson
Investment Property Analyst
Market:Spain
CountryES

Nestled in Estepona, property HQL‑W2NHW represents a clear example of how a focused agency turns location, product quality and presentation into an investible asset for international buyers.

Discovering this Estepona apartment with PI Properties Investment

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This 168 sqm, three‑bedroom apartment on Calle Sefardi is offered at EUR 1,550,000 and combines Mediterranean lines with investment‑grade specifications. As shown in the photos, the living spaces are daylit, the terraces frame partial sea views and the build quality — from kitchen fittings to recessed lighting — reads as institutional‑grade for a private residence.

How the layout and finishes support investibility

Open plan living, large picture windows and seamless indoor–outdoor transitions increase functional lettability: tenants value natural light and terraces with sea views, which reduce vacancy risk. The apartment’s two bathrooms and three bedrooms make it suitable for family rentals and long‑stay holiday lets — two different demand streams that help diversify income.

Investment‑relevant features visible in the imagery:

• Partial sea view and terrace — supports higher nightly rates for short lets and rental premiums for longer tenancies.

• Communal pool and landscaped gardens — lower operating capex relative to standalone amenity builds, attractive to families.

• Garage, elevator and air conditioning — practical items that improve net effective rent and widen tenant pool.

PI Properties Investment: sourcing, vetting and positioning

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Based in Marbella with a 20‑year track record, PI Properties Investment specialises in luxury, vacation homes and investment stock across Andalucía. Their approach combines local sourcing with standardised asset checks — condition reports, title and community fee assessments, and an operational view of likely running costs — so international buyers receive a product that has been underwritten to investor expectations.

This Estepona apartment demonstrates their selection criteria: a primary or secondary‑market coastal asset that balances lifestyle appeal with clear rental use cases. PI’s marketing and asset pack emphasises measurable attributes — floor area (168 sqm), bedroom mix (3 beds), year built (2003), and amenity set (pool, garage, lift) — allowing buyers to evaluate price per square metre and compare expected yields against local comparables.

How PI Properties Investment enhances value for international buyers

PI acts as both curator and facilitator: they pre‑qualify community regulations, verify seasonal rental rules, coordinate viewings and present a localized cashflow projection. For non‑resident buyers this reduces transaction friction — especially on tax structuring, community fee forecasting and likely maintenance liabilities — turning aesthetic appeal into quantified investment assumptions.

Estepona context: demand drivers and yield considerations

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Estepona is established on the Costa del Sol as a mid‑to‑upper market coastal town with year‑round residents and seasonal demand. For investors, this mix reduces extreme seasonality compared with smaller resort islands. Proximity to marinas, golf courses and the promenade supports both long lets (families and expatriates) and premium short lets; the property’s features align with both segments.

Underwriting points international buyers should check

• Price per sqm: compare EUR 1,550,000 across 168 sqm to local comparables to assess capital value buffer.

• Community (HOA) fees and reserves: confirm pool/landscape maintenance responsibilities and history of special assessments.

• Short‑let licensing and tax treatment: seasonality, tourist taxes and VAT/withholding implications differ for non‑resident owners.

The apartment as a case study: numbers and scenarios

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Run two simple scenarios when assessing this asset: a long‑let, yield‑focused case and a hybrid short‑let case. For long‑lets, factor in conservative occupancy and lower headline rent but reduced turnover costs. For short‑lets, model higher average daily rates but include platform fees, management and variable utilities. PI’s investment pack for this listing provides baseline rental comparables and community cost estimates so buyers can run realistic net yield calculations quickly.

Practical checklist before committing

• Verify title and encumbrances with a local notary.

• Request a 3‑year community account statement and recent maintenance invoices.

• Run a net yield model including taxes, insurance, utilities and a realistic vacancy assumption.

Visual evidence: what the images reveal

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The supplied photographs capture several investment‑relevant details: room proportions, terrace aspect, communal pool condition and garage access. Use them to corroborate the agent’s condition notes: tiled flooring patterns, kitchen layouts and the external envelope visible in the exterior shots indicate maintenance levels that affect short‑term capex forecasts.

As shown in the photos, terraces offer usable outdoor living space and sightlines to the sea — a feature that supports both premium short‑let pricing and higher resale desirability.

Final assessment and next steps

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This Estepona apartment is representative of PI Properties Investment’s product: market‑aware stock, professionally packaged and positioned for international interest. For investors focused on coastal Costa del Sol assets, it warrants a structured underwrite rather than a quick headline decision — start with price‑per‑sqm comparables, a community accounts review and a dual scenario rental model.

To request PI Properties Investment’s investment pack, comparative data and a tailored net yield model for this listing, contact their Marbella office; their local expertise shortens due diligence timelines and reduces cross‑border execution risk.

Klara Andersson
Klara Andersson
Investment Property Analyst

Swedish financier who guided 150+ families to Spanish title deeds since relocating from Stockholm in 2012, focusing on legal and tax implications.

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