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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€4417
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€530.000
Own investment (30%)
€159.000
30% down payment of purchase price
Buyer costs
€53.000
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
-€989,33
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
-€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
-€125,12
Municipal taxes for Estepona
Tax
(19%)
-€235,62
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
- Proximity to beaches and Old Town: High demand area.
- Community amenities: Lush gardens and swimming pool add value.
- Property size and terrace: Large outdoor space is attractive.
- Condition of the property: Good condition but modernization can enhance value.
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
5.69%
5 Year Return
28.45%
10 Year Return
56.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modernization potential can increase value.
- Local market trends in 2027: Expected growth in seaside property demand.
- Property type: Duplex penthouse with large terrace is highly desirable.
- Economic outlook in 2027: Stable with potential growth in tourism and real estate sectors.
- Demographic developments: Increasing demand from retirees and holidaymakers.
- Infrastructure plans in 2027: Improvements in transportation and amenities could boost value.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Renovate the interior to modern standards.
- Upgrade kitchen and bathrooms for increased appeal.
- Enhance outdoor terrace with amenities like a pergola or outdoor kitchen.
- Improve energy efficiency with new windows or insulation.
Description
Discover this exceptional duplex penthouse in the heart of Estepona, Spain, offering an unbeatable location just a short 10-minute walk to the pristine beaches, lively seafront promenade, and the historic Old Town of Estepona. Located on the 5th floor of a well-maintained building with elevator access, this spacious Estepona penthouse boasts a generous 55m² private terrace with panoramic views of Estepona's rooftops, the surrounding mountains, and glimpses of the sparkling sea—perfect for outdoor dining, entertaining, or relaxing in the sun. Situated within a friendly community featuring lush gardens and a large swimming pool, this property combines comfort and convenience with very affordable community fees of only €75 per month. Inside, the versatile layout includes a sizeable kitchen with dining space, a guest WC, a cozy living room, and an enclosed terrace currently used as an office or fourth bedroom. Upstairs, you'll find a large principal bedroom, two additional bedrooms, and two bathrooms, along with ample storage space and a private parking spot included in the price. Although in good condition, the Estepona property offers excellent potential for modernization to enhance its value. Whether seeking a permanent residence or a holiday home, this prime location in Estepona, Spain, presents a rare opportunity to own a spacious duplex penthouse at an attractive price. Don’t miss out on this fantastic chance to enjoy the best of seaside living in Estepona, Spain.
Location
Nightly rates in the area
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