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Apartment in Estepona, 3 bedrooms, 137 m² €850.000

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3
Bedrooms
2
Bathrooms
137 m²
Surface area
€6204
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 137 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 137 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 137 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 137 m² - Afbeelding 3
+62 photos

Analysis

Price
€850.000
Own investment (30%)
€255.000
Buyer costs
€85.000
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.586,67
Maintenance costs
-€114,17
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€163,02
Tax (19%)
-€112,23
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

  • 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

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