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2
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€4166
Price per m²
Apartment
Property type
+38 photos
Analysis
Price
€499.900
Own investment (30%)
€149.970
30% down payment of purchase price
Buyer costs
€49.990
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
-€933,15
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
{% 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
-€118,73
Municipal taxes for Estepona
Tax
(19%)
-€154,87
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
- Strong local demand for luxury properties in Estepona, increasing tourism and expatriate population.
- Limited supply of high-end penthouses in prime locations.
- Growing popularity of Estepona as a luxury holiday and permanent residence destination.
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
5.28%
5 Year Return
26.40%
10 Year Return
52.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern furnishings, new construction enhances value.
Possible improvements
- Upgrade interior finishes for a more luxurious feel.
- Add smart home technology for modern appeal.
- Enhance outdoor space with landscaping or additional amenities.
Description
Discover this stunning brand-new penthouse in Estepona, Spain, offering an exceptional opportunity to live in luxury in the heart of this vibrant coastal town. Nestled within a secure, gated community, this spacious 2-bedroom penthouse spans 118 square meters and features a private 21-square-meter terrace with breathtaking panoramic views of the sea and mountains, perfect for relaxing or entertaining. The open-plan layout ensures a bright, airy atmosphere, complemented by high-quality furnishings and full modern amenities. Residents enjoy access to exclusive facilities, including a communal swimming pool, tennis court, and beautifully landscaped tropical gardens. Conveniently located just a five-minute walk from Estepona’s shops, restaurants, sports centers, medical facilities, pharmacies, and both local and international schools, this property offers unparalleled convenience. The sale includes a dedicated parking space and a storage room, making everyday living effortless. Whether seeking a permanent residence or a lucrative investment in Estepona, Spain, this penthouse combines comfort, style, and prime location. Don’t miss out on owning this spectacular property in Estepona, Spain—your ideal home or investment opportunity awaits. Contact us today to learn more about this exceptional penthouse in Estepona.
Location
Nightly rates in the area
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