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3
Bedrooms
2
Bathrooms
137 m²
Surface area
€
€6204
Price per m²
Apartment
Property type
+62 photos
Analysis
Price
€850.000
Own investment (30%)
€255.000
30% down payment of purchase price
Buyer costs
€85.000
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
-€1.586,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€114,17
{% 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
-€163,02
Municipal taxes for Estepona
Tax
(19%)
-€112,23
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
- Strong demand for luxury seaside properties in Estepona.
- Limited supply of high-end penthouses in prime locations.
- Growing popularity of Costa del Sol as a tourist and expatriate destination.
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
1.69%
5 Year Return
8.45%
10 Year Return
16.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent renovations, enhancing value.
Possible improvements
- Adding a swimming pool or upgrading the outdoor terrace amenities.
- Modernizing the kitchen and bathrooms further.
- Enhancing smart home features and energy efficiency.
Description
Discover this luxurious penthouse in Estepona, Spain, offering breathtaking sea views and unmatched coastal living. This exclusive Estepona penthouse features panoramic vistas from the living room, modern kitchen, and spacious master suite. Step onto the expansive 50m² terrace to enjoy spectacular Mediterranean scenery and Gibraltar's distant silhouette. Located just 400 meters from the lively port and an eight-minute walk to the charming Old Town, this property combines convenience with elegance. The bright, renovated interior includes three bedrooms—comprising a master suite—and two stylish bathrooms with premium finishes. The fully equipped kitchen boasts contemporary design and sea views, perfect for culinary enthusiasts. Floor-to-ceiling windows with south exposure flood the living area with natural light, creating a warm and inviting atmosphere. Outdoors, the terrace offers an outdoor kitchen, barbecue area, and Jacuzzi, ideal for entertaining or relaxing. Additional features include a storage room, high-quality parquet flooring, double-glazed Climalit windows for superior insulation, built-in wardrobes, and individual climate control. The building offers elevator access and beautifully maintained communal spaces. Located close to golf courses, shopping centers, and less than an hour from Malaga Airport, this Estepona penthouse is an exceptional investment opportunity for those seeking luxury seaside living in southern Spain. Experience the best of Costa del Sol with this premium Estepona penthouse, perfect for discerning buyers looking for stunning sea views and prime location in Spain.
Location
Nightly rates in the area
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