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3
Bedrooms
2
Bathrooms
111 m²
Surface area
€
€6081
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€675.000
Own investment (30%)
€202.500
30% down payment of purchase price
Buyer costs
€67.500
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
-€1.260
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€92,50
{% 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
-€155,94
Municipal taxes for Estepona
Tax
(19%)
-€179,76
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
- Economic outlook in 2027: A stable or growing economy in Spain and Europe can boost property prices.
- Demographic developments: An influx of residents and tourists can increase demand.
- Infrastructure plans in 2027: Planned improvements in transportation, amenities, and local services can enhance property values.
- Historical WOZ value trends: Increasing WOZ values in Estepona indicate rising property values over time.
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
3.41%
5 Year Return
17.05%
10 Year Return
34.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is new and never lived in, which typically supports higher appreciation.
- Local market trends in 2027: The Estepona area is experiencing growth, which can positively influence property values.
- Property type: As a luxury penthouse with sea views, it has high appeal and potential for value increase.
Possible improvements
- Adding modern smart home features.
- Upgrading furniture and interior design for higher rental appeal.
- Enhancing outdoor space with additional landscaping or outdoor furniture.
Description
Discover this exceptional new penthouse in Estepona, Spain, boasting stunning sea views and a prime location in one of the area's fastest-growing neighborhoods. This brand-new, never-before-lived-in property offers a luxurious coastal lifestyle just 200 meters from the beach and within a short stroll to supermarkets and local eateries. Perfect for investors or those seeking a holiday home, the penthouse features 3 spacious bedrooms and 2 modern bathrooms, all thoughtfully designed within a 111m² layout. The south-east facing 31m² terrace provides an ideal outdoor space to enjoy the Mediterranean sun and sea vistas. Located in a vibrant community, residents benefit from a large communal pool, relaxing chiringuito, and a fully equipped gym. This property includes underground parking and a storage room for added convenience. Priced competitively for a new penthouse in Estepona, Spain, it offers excellent value, especially with the option to include brand-new furniture at no extra cost. Additionally, purchasers benefit from a reduced 7% transfer tax compared to the standard 10% IVA, making this a highly attractive investment opportunity. The property also features an approved tourist license (VUT/MA/95819), making it ideal for holiday rentals or personal use. Don't miss this rare chance to own a modern, sea view penthouse in Estepona, Spain, blending luxury, location, and investment potential seamlessly.
Location
Nightly rates in the area
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