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3
Bedrooms
2
Bathrooms
126 m²
Surface area
€
€5071
Price per m²
Apartment
Property type
+22 photos
Analysis
Price
€639.000
Own investment (30%)
€191.700
30% down payment of purchase price
Buyer costs
€63.900
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
-€1.192,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€105
{% 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
-€148,29
Municipal taxes for Estepona
Tax
(19%)
-€191,61
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
- Location in Estepona Old Town, close to beaches and amenities.
- Views of mountains and urban surroundings.
- Size and layout of the property, including terraces.
- Modern amenities such as air conditioning, secure entry, and fitted wardrobes.
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
3.83%
5 Year Return
19.15%
10 Year Return
38.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which supports value retention and growth.
- Local market trends in 2027: Expected steady growth due to tourism and expatriate interest in Estepona.
- Property type: Luxury penthouse with terraces and views, highly desirable in the market.
- Economic outlook in 2027: Positive, with continued growth in Spain's economy and real estate sector.
- Demographic developments: Increasing number of retirees and expatriates seeking properties in Costa del Sol.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities, boosting property appeal.
- Historical WOZ value trends: Consistent increase over recent years, indicating rising property values.
Possible improvements
- Renovate the kitchen and bathrooms for a more modern look.
- Upgrade fixtures and fittings to increase appeal.
- Improve outdoor terraces with furniture or landscaping.
- Add smart home features for enhanced convenience.
Description
Discover this stunning penthouse in the heart of Estepona, Spain, offering the perfect blend of traditional Andalusian charm and modern comfort. Located in the vibrant Estepona Old Town, this spacious property features 126 sqm of living space, including three bedrooms and two bathrooms, ideal for families or as a luxurious holiday retreat. The penthouse boasts two expansive terraces totaling approximately 40 sqm—one facing east for sun-filled mornings and another west-facing to enjoy breathtaking sunsets over Estepona's rooftops. The fully fitted kitchen and open-plan layout create a bright, welcoming atmosphere, with a separate dining area that can easily be converted into a fourth bedroom. Unique among Estepona properties, this top-floor apartment offers stunning views of the mountains and urban surroundings. Enjoy easy access to the charming streets filled with tapas bars, boutique shops, cafés, and ice cream parlors, all just steps away. With close proximity to La Rada beach—only a 7-minute walk—this property presents an exceptional opportunity to own a prime location in Estepona, Costa del Sol. Features include air conditioning, private terraces, fitted wardrobes, storage room, and secure entry phone system. Whether you’re seeking a permanent residence or a lucrative investment in Estepona real estate, this property combines Andalusian flair with modern amenities, making it a rare find on the Costa del Sol.
Location
Nightly rates in the area
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