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2
Bedrooms
2
Bathrooms
101 m²
Surface area
€
€6139
Price per m²
Apartment
Property type
+32 photos
Analysis
Price
€620.000
Own investment (30%)
€186.000
30% down payment of purchase price
Buyer costs
€62.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€1.157,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€84,17
{% trans '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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,58
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€144,25
Municipal taxes for Estepona
Tax
(19%)
-€110,43
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.
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Log inNightly Rates
Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Property condition: Upgraded interiors and amenities justify premium pricing.
- Local market trends in 2027: Rising property prices driven by tourism and international buyers.
- Property type: Unique lagoon resort setting adds exclusivity and premium value.
- Economic outlook in 2027: Favorable economic conditions support higher property prices.
- Demographic developments: Growth in affluent and international populations increases demand.
- Infrastructure plans in 2027: Enhanced connectivity and local amenities support higher property values.
- Historical WOZ value trends: Steady increase in assessed values reflects market growth.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €118 | Villacana Villa-holiday by the beach | 9.0 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 11.2 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 0.4 km |
| €139 | Casa Relajante - big summer garden | 1.4 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 3.2 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 17.7 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 18.9 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 7.1 km |
| €298,60 | Superb Townhouse in Golden Mile | 21.0 km |
| €124,71 | Casa Strandblick (Sea view villa) | 7.9 km |
Return & Value appreciation
Annual return
2.28%
5 Year Return
11.40%
10 Year Return
22.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern finishes, and high-quality appliances enhance value.
- Local market trends in 2027: Growing demand for luxury properties in Estepona and Costa del Sol boosts appreciation.
- Property type: Luxury penthouse with exclusive amenities attracts high-end buyers and renters.
- Economic outlook in 2027: Stable economic growth in Spain and increased foreign investment support property appreciation.
- Demographic developments: Increasing number of affluent retirees and expatriates settling in the area.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and leisure facilities enhance desirability.
- Historical WOZ value trends: Consistent increase in property values and local taxes indicate positive appreciation trends.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Enhance outdoor living spaces with additional furniture or landscaping.
- Implement smart home technology for added convenience.
- Improve energy efficiency with solar panels or better insulation.
- Renovate bathrooms for modern aesthetics and functionality.
Description
Experience luxurious living in this stunning penthouse apartment located in Estepona, Spain, offering breathtaking views and exclusive amenities. Perfect for up to four guests, this fully air-conditioned residence features two spacious double bedrooms, two modern bathrooms, and a fully equipped kitchen with contemporary appliances. Spanning 200 square meters, the apartment boasts a generous living area and a large terrace overlooking the lush garden and surrounding landscape, ideal for relaxing or entertaining. As an owner, enjoy access to satellite TV, private Wi-Fi, and complimentary outdoor parking or a private garage. The gated community includes a shared, resident-only lagoon-style pool and a pristine beach just 300 meters away, providing an unparalleled seaside lifestyle. Situated within the prestigious Alcazaba Lagoon in Casares, Estepona, this unique development is renowned as Europe's first lagoon resort, set amidst 40,000 square meters of exotic gardens and featuring a 1.4-hectare lagoon with imported Moroccan white sand. The lagoon is perfect for year-round swimming and water sports such as kayaking, paddleboarding, and pedal boating. Additional amenities include a sauna, jacuzzi, two children’s playgrounds, and a private fitness center overlooking the lagoon. Owners also have free access to lagoon services and facilities. Two on-site restaurants offer a diverse range of cuisine and spectacular views, with one exclusive to residents. Discover the perfect blend of luxury, comfort, and natural beauty in Estepona, Spain, with this exceptional property offering an unbeatable lifestyle on the Costa del Sol.
Location
Nightly rates in the area
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