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3
Bedrooms
2
Bathrooms
134 m²
Surface area
€
€5597
Price per m²
Apartment
Property type
+34 photos
Analysis
Price
€750.000
Own investment (30%)
€225.000
30% down payment of purchase price
Buyer costs
€75.000
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
-€1.400
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€111,67
{% 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
-€171,88
Municipal taxes for Estepona
Tax
(19%)
-€146,49
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
- Proximity to beaches, golf courses, and amenities increases desirability.
- Modern renovation and furnishings add value.
- Spectacular sea and golf course views enhance appeal.
- Prime location on the New Golden Mile attracts high-net-worth individuals.
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
2.50%
5 Year Return
12.50%
10 Year Return
25.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is fully renovated, which enhances its value and appeal.
- Local market trends in 2027: The Estepona real estate market is expected to remain strong due to increasing demand for coastal properties.
- Property type: As a luxury penthouse, it attracts high-end buyers and investors, likely leading to appreciation.
- Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting property value increases.
- Demographic developments: An influx of expatriates and retirees seeking coastal living will support demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will increase property desirability.
- Historical WOZ value trends: Historically, property taxes in Estepona have shown a stable or slightly increasing trend, reflecting rising property values.
Possible improvements
- Adding a private pool or jacuzzi.
- Upgrading smart home features.
- Enhancing outdoor living spaces with landscaping.
- Installing high-end appliances and fixtures.
Description
Experience luxurious living in this fully renovated penthouse located in La Resina Golf, one of the most desirable neighborhoods in Estepona, Spain. Priced at €750,000, this move-in-ready property is sold fully furnished, combining modern elegance with Mediterranean charm. The spacious penthouse features three large bedrooms and two stylish bathrooms, offering ample space for comfort and relaxation. An open-plan living area filled with natural sunlight seamlessly connects to a generous terrace that provides stunning views of the golf course and the Mediterranean Sea, making it an ideal spot for entertaining or unwinding. Situated in the heart of Estepona, this property offers the perfect blend of tranquility, luxury, and convenience, close to world-class golf courses, beaches, and amenities. Whether you’re seeking a permanent residence or a lucrative investment in Estepona, Spain, this penthouse embodies sophistication, peace, and breathtaking vistas, all within a prime location on the New Golden Mile. Don’t miss the opportunity to own this exceptional Estepona property that combines modern comfort with the allure of coastal Spain.
Location
Nightly rates in the area
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