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4
Bedrooms
4
Bathrooms
270 m²
Surface area
€
€3296
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€890.000
Own investment (30%)
€267.000
30% down
payment of purchase price
Buyer costs (10%)
€89.000
10% of purchase price
Estimated nightly rate
€230,56
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€1.661,33
Maintenance costs
-€225
Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.
Cleaning costs
-€375
Annual cleaning costs: €4500
(€375/month). Based on number of bedrooms.
Platform fees
-€683,75
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€170,10
Municipal taxes for El Paraiso
Tax
(19%)
-€274,20
This is the VAT percentage you pay in the country of the property.
If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€230,56
High season
€265
Mid season
€226,92
Low season
€183
Price determining factors
- Property condition: Modern, high-end finishes increase attractiveness and value.
- Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
- Property type: Luxury penthouse appeals to affluent buyers, supporting higher price points.
- Economic outlook in 2027: Economic stability and growth support premium pricing.
- Demographic developments: Wealthy expatriates and retirees increase demand for luxury properties.
- Infrastructure plans in 2027: Improved infrastructure enhances property appeal and value.
- Historical WOZ value trends: Increasing WOZ values reflect rising property market prices.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €321,60 | Moon Villa (Climatized Ppool-BBQ-Wifi-Parking) | 17.8 km |
| €392,80 | Luxury Villa w/ Heated Pool in Colinas Golf Resort | 11.2 km |
| €315 | Luxury comfortable Villa in Spain for 8 | 10.0 km |
| €171,20 | Luxury villa with private pool in Villamartin | 4.6 km |
| €274 | Independent Villa w/ Heated Fenced Pool | 4.5 km |
| €222,60 | Private pool villa Villamartín near golf | 4 bedrooms | 6.8 km |
| €173,20 | Fidalsa Famous Spot by Fidalsa | 7.7 km |
| €182,60 | Rustic Chalet with Pool in Torrevieja | 3.6 km |
| €339,60 | Villa Mi Luna | 2.2 km |
| €214,80 | Cristóbal Bungalow | 6.9 km |
Return & Value appreciation
Annual return
3.94%
5 Year Return
19.70%
10 Year Return
39.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors with high-quality finishes support value appreciation.
- Local market trends in 2027: Growing demand for luxury properties along Costa del Sol due to tourism and expatriate influx.
- Property type: Penthouse duplex offers exclusivity and high desirability among luxury buyers.
- Economic outlook in 2027: Expected steady economic growth in Spain and Europe, boosting real estate investments.
- Demographic developments: Increasing number of high-net-worth individuals and retirees seeking luxury coastal living.
- Infrastructure plans in 2027: Planned enhancements in transportation, amenities, and connectivity in El Paraiso and Costa del Sol.
- Historical WOZ value trends: Consistent increase in property values and taxes indicating rising market confidence.
Possible improvements
- Adding a smart home system for enhanced convenience.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor living spaces with additional landscaping or furniture.
- Installing energy-efficient systems to reduce utility costs.
- Renovating bathrooms with modern fixtures and finishes.
Description
Discover luxurious living in this stunning penthouse duplex located in El Paraiso, Spain, on the coveted Costa del Sol. This exceptional property offers 4 spacious bedrooms and 4 elegant bathrooms within a generous 270 m² of thoughtfully designed interiors. Step onto the 20 m² terrace to enjoy breathtaking views and seamless indoor-outdoor living, perfect for soaking up the Mediterranean sunshine.
Situated in the prestigious El Paraiso area along the New Golden Mile, this Costa del Sol penthouse duplex combines privacy, space, and sophisticated comfort. The residence spans two levels, creating a natural flow between the airy, open-plan living areas and tranquil sleeping quarters. Large windows flood the interiors with natural light, enhancing the sense of space and elegance.
A highlight of this El Paraiso property is the private pool, offering an exclusive retreat where you can unwind or entertain guests in style. The bedrooms are generously proportioned, featuring luxurious bathrooms designed with comfort and functionality in mind.
Located in a serene, well-established neighborhood, this Costa del Sol penthouse is close to renowned golf courses, pristine beaches, fine dining, and all essential amenities. Whether seeking a permanent residence, a high-end holiday retreat, or a lucrative investment, this property in El Paraiso, Spain, presents an unmatched opportunity to enjoy the best of Mediterranean living on the Costa del Sol.
Location
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