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Apartment in El Paraiso, 3 bedrooms, 235 m² €560.000

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3
Bedrooms
3
Bathrooms
235 m²
Surface area
€2383
Price per m²
Apartment
Property type
Apartment in El Paraiso, 3 bedrooms, 235 m² - Hoofdafbeelding
Apartment in El Paraiso, 3 bedrooms, 235 m² - Afbeelding 1
Apartment in El Paraiso, 3 bedrooms, 235 m² - Afbeelding 2
Apartment in El Paraiso, 3 bedrooms, 235 m² - Afbeelding 3
+12 photos

Analysis

Price
€560.000
Own investment (30%)
€168.000
Buyer costs
€56.000
Estimated nightly rate
€115,96
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€1.045,33
Maintenance costs
-€195,83
Cleaning costs
-€333,33
Platform fees
-€317,44
Municipal taxes
-€131,50
Tax (19%)
-€17,64
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€115,96
High season
€152
Mid season
€111,67
Low season
€89

Price determining factors

  • Proximity to beach and amenities: Enhances desirability and value.
  • Luxury amenities within the hotel complex: Adds to the property's attractiveness.
  • Location in El Paraiso: Prime coastal area with high demand.
  • Property size and features: Spacious with private jacuzzi and terrace, appealing to high-end buyers.

Comparable accommodations

Rate Hotel / apartment Distance
€185,60 Villa El Loto Blanco 19.3 km
€150,33 Villa Lindal - upper part of Ciudad Quesada. 11.1 km
€231,40 Fidalsa 5 Stars Sea Views 13.1 km
€222,67 Villa "Alma" with pool heating 17.9 km
€196,40 La Manzana - Villa with Private Pool 12.8 km
€246,60 Exclusive New build Villa with jacuzzi and pool 7.7 km
€116,43 Sunny stay at Casa Corten with Private pool. 10.1 km
€121 Very nice beachfront house. 13.1 km
€119,20 Villa-Capricho Playa - ParqueMar. VT-480073-A 6.4 km
€98,40 Nature Views Luxury Villa - 3BR en Pool 3.5 km

Return & Value appreciation

Annual return

0.40%

5 Year Return

2.00%

10 Year Return

4.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern fixtures, likely to retain value.
  • Local market trends in 2027: Expected growth due to increasing tourism and demand for luxury coastal properties.
  • Property type: High-demand luxury duplex penthouse, appealing to affluent buyers and investors.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy and tourism sector.
  • Demographic developments: Growing number of affluent retirees and holidaymakers seeking luxury accommodations.
  • Infrastructure plans in 2027: Planned enhancements to transportation and local amenities, boosting property appeal.
  • Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures to modern standards.
  • Enhance interior decor for a more luxurious feel.
  • Add smart home technology for increased convenience.
  • Improve outdoor spaces, such as landscaping or additional amenities.

Description

Discover this exceptional duplex penthouse in El Paraiso, Spain, perfectly situated on the beachside in the sought-after Estepona East area. Located within a luxurious hotel complex just steps from the Mediterranean coast, this El Paraiso property offers unparalleled access to premium amenities including an outdoor pool, gourmet restaurant, fully equipped gym, and a relaxing spa with exclusive discounts for owners. Its prime location ensures easy access to nearby services, with Marbella and Estepona just a short drive away, making it ideal for both permanent living and lucrative holiday rentals. This stunning El Paraiso duplex penthouse features three spacious double bedrooms, with the main bedroom boasting direct balcony access and an en-suite bathroom. Two additional full bathrooms provide convenience for residents and guests. The bright and airy lounge-dining area opens to a southwest-facing terrace, perfect for enjoying the sun and sunset views, complemented by a private jacuzzi for ultimate relaxation. The property includes a dedicated parking space, adding to its practicality. Whether you’re seeking a tranquil coastal retreat or a solid investment in the booming holiday rental market, this El Paraiso beachside duplex penthouse is a remarkable opportunity. Its unique combination of luxury, location, and amenities makes it an ideal choice for discerning buyers looking for a property in Spain’s Costa del Sol.

Location

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