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Apartment in Estepona, 3 bedrooms, 120 m² €750.000

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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€6250
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 120 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 120 m² - Afbeelding 3
+21 photos

Analysis

Price
€750.000
Own investment (30%)
€225.000
Buyer costs
€75.000
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.400
Maintenance costs
-€100
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€171,88
Tax (19%)
-€148,71
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€163,38
High season
€221
Mid season
€159,92
Low season
€129

Price determining factors

  • Location in Estepona with sea and mountain views.
  • Proximity to beaches, shops, and transport links.
  • High-end finishes and modern amenities.
  • Gated community with security and private parking.

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

2.54%

5 Year Return

12.70%

10 Year Return

25.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern finishes enhances value.
  • Local market trends in 2027: Expected growth due to tourism and urban development.
  • Property type: Luxury penthouse in a prime location attracts premium buyers.
  • Economic outlook in 2027: Positive growth in Spain and the Costa del Sol region.
  • Demographic developments: Increasing demand from expatriates and retirees.
  • Infrastructure plans in 2027: Improvements in transport and amenities boost attractiveness.
  • Historical WOZ value trends: Steady increase indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and finishes.
  • Add smart home features for modern convenience.
  • Improve energy efficiency with solar panels or insulation.
  • Renovate bathrooms for a more luxurious feel.
  • Enhance outdoor space with landscaping or additional features.

Description

Discover this luxurious penthouse in Estepona, Spain, offering breathtaking sea and mountain views on the Costa del Sol. This spacious property features 3 bedrooms and 2 modern bathrooms within a generous 120 m² of interior living space, complemented by a sprawling 120 m² private terrace perfect for entertaining or relaxing while enjoying panoramic vistas of the marina, port, and lush gardens. Located in a prime area near Estepona's vibrant town center, this beachfront penthouse provides unparalleled access to the beach, shops, schools, and the marina, making it an ideal choice for both comfortable living and investment. The property boasts excellent condition, with high-end finishes including marble flooring, fitted wardrobes, and a fully equipped kitchen. Modern amenities such as air conditioning, WiFi, and a communal swimming pool ensure a luxurious lifestyle. Security is paramount with gated access and an entry phone system, while underground parking and a private garage offer convenience. This Estepona penthouse is nestled in a gated complex close to transport links, churches, and the lively commercial areas of the Costa del Sol, ideal for those seeking a sophisticated seaside residence. Experience the perfect blend of urban convenience and seaside serenity in this exceptional property.

Location

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