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3
Bedrooms
4
Bathrooms
180 m²
Surface area
€
€6111
Price per m²
Apartment
Property type
+69 photos
Analysis
Price
€1.100.000
Own investment (30%)
€330.000
30% down
payment of purchase price
Buyer costs (10%)
€110.000
10% of purchase price
Estimated nightly rate
€254,21
Expected occupancy rate
60%
Gross rental p/m
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€0000
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Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€2.053,33
Maintenance costs
-€150
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
-€695,90
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€207,29
Municipal taxes for Estepona
Tax
(19%)
-€227,90
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€254,21
High season
€372
Mid season
€240,75
Low season
€158
Price determining factors
- High-quality materials and modern design enhance value.
- Prime location with panoramic sea views attracts high-end buyers.
- Exclusive features like private lift and solarium increase desirability.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
2.65%
5 Year Return
13.25%
10 Year Return
26.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and renovated, which supports value appreciation.
- Local market trends in 2027: Expected to be positive due to high demand for luxury properties in Estepona.
- Property type: Luxury penthouse with unique features like private lift and solarium, which tend to appreciate well.
- Economic outlook in 2027: Favorable, with growth in tourism and real estate sectors in Spain.
- Demographic developments: Increasing affluent expatriates and retirees seeking luxury properties.
- Infrastructure plans in 2027: Improvements in transportation and amenities in Estepona could boost property values.
- Historical WOZ value trends: Consistent increase over recent years, indicating a stable market.
Possible improvements
- Adding smart home automation systems.
- Upgrading outdoor furniture and amenities on the terrace.
- Enhancing energy efficiency with solar panels or better insulation.
- Renovating kitchen appliances or bathrooms for modern appeal.
Description
Discover this exceptional triplex penthouse in Estepona, Spain, renowned for its meticulous design and luxurious features. Crafted by celebrated interior designers, this fully renovated residence combines top-quality materials, custom finishes, and modern aesthetics across three spacious floors accessible via elegant internal stairs or a private lift—an exclusive feature in Estepona’s real estate market. Positioned in a gated community amidst nature, the penthouse offers breathtaking panoramic views of the Mediterranean Sea and, on clear days, the African coastline, providing an unrivaled living experience in Estepona, Spain. Inside, the home showcases sleek, contemporary interiors with integrated LED lighting, natural textures, and smart technology. Each of the three luminous bedrooms boasts electric shutters and en-suite bathrooms, with the master suite featuring a spa-style bath, a bespoke walk-in closet, and a dedicated coworking area. The open-plan kitchen with high-end appliances seamlessly connects to the living and dining spaces, opening onto a spacious, south-facing terrace with an electric parasol—perfect for enjoying the Costa del Sol’s acclaimed climate. The top-level private solarium serves as an outdoor oasis, complete with a chill-out zone, star-lit area, barbecue, and panoramic views of the Mediterranean and mountains. The gated community offers lush gardens, swimming pools, and 24-hour security, with two private parking spaces included. This Estepona penthouse epitomizes luxury living on the Costa del Sol, blending exclusive design, spectacular views, and prime location, making it an ideal choice for discerning buyers seeking a sophisticated property in Spain.
Location
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