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3
Bedrooms
2
Bathrooms
104 m²
Surface area
€
€4990
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€519.000
Own investment (30%)
€155.700
30% down payment of purchase price
Buyer costs
€51.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€968,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€86,67
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€491,98
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€122,79
Municipal taxes for Estepona
Tax
(19%)
-€242,49
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
€163,38
High season
€221
Mid season
€159,92
Low season
€129
Price determining factors
- Luxury property market trends
- Tourism growth in Costa del Sol
- Interest rates and mortgage availability
- Local development projects enhancing infrastructure
- Demand for rental properties in Estepona
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185 | Entire House with Terrace in Marbella | 21.4 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 16.5 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 10.5 km |
| €281,20 | Ocean Front Villa w/Private Pool | 10.5 km |
| €421 | Calm Villa · Private Infinity Pool | 7.9 km |
| €159,80 | Lucia's home, beach and mountains. | 11.3 km |
| €294,40 | Villa with pool near the beach for families | 3.8 km |
| €195,20 | Justine's Houses - Casa Carmen | 18.0 km |
| €125,60 | Beautiful house with a private pool. | 18.5 km |
| €147,20 | Casa Azul | 18.6 km |
Return & Value appreciation
Annual return
5.98%
5 Year Return
29.90%
10 Year Return
59.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, fully furnished, move-in ready, which supports steady appreciation.
- Local market trends in 2027: Expected growth in Costa del Sol's property market due to tourism and expatriate demand.
- Property type: Luxury penthouse with high-end amenities, appealing to affluent buyers and renters.
- Economic outlook in 2027: Positive, with continued growth in Spain's economy and tourism sector.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and local amenities enhancing property appeal.
- Historical WOZ value trends: Consistent increase reflecting rising property values and local development.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards
- Add smart home technology for increased convenience
- Improve outdoor living space with landscaping or additional features
- Renovate bathrooms for a more contemporary look
- Enhance energy efficiency with solar panels or better insulation
Description
Discover luxurious coastal living with this exquisite 3-bedroom penthouse in the prestigious Oceana Gardens, Estepona, Spain. This stunning property offers a seamless blend of comfort and elegance, featuring an open-plan kitchen, two modern bathrooms including a private en-suite, and comes fully furnished for immediate move-in. Its prime location includes a valuable rental license, making it an ideal choice for investment or personal residence. Step out onto the generous 32m² west-facing terrace, perfect for enjoying breathtaking mountain views and spectacular sunsets over the Mediterranean. Oceana Gardens residents benefit from top-tier amenities such as an outdoor swimming pool, fitness center, and exclusive access to the luxurious clubhouse, which includes an indoor pool, spa, gym, and fine dining restaurant—delivering a true resort-style lifestyle. Situated just 10 minutes from both Estepona and Marbella, this penthouse provides the perfect balance of tranquility and convenience in the heart of Costa del Sol, Spain. An exceptional property in Estepona offering outstanding potential for living, rental income, and enjoying the best of Mediterranean coastal living.
Location
Nightly rates in the area
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