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3
Bedrooms
2
Bathrooms
195 m²
Surface area
€
€3564
Price per m²
Apartment
Property type
+33 photos
Analysis
Price
€695.000
Own investment (30%)
€208.500
30% down
payment of purchase price
Buyer costs (10%)
€69.500
10% of purchase price
Estimated nightly rate
€165,57
Expected occupancy rate
64%
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
-€1.297,33
Maintenance costs
-€162,50
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
-€483,46
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€166,56
Municipal taxes for Estepona
Tax
(19%)
-€148,18
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
€165,57
High season
€220
Mid season
€161,33
Low season
€130
Price determining factors
- Luxury amenities and views
- Prime location in Estepona
- High-quality construction and finishes
- Proximity to beaches and golf courses
- Exclusive shared facilities
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
2.73%
5 Year Return
13.65%
10 Year Return
27.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interior enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: Luxury penthouse with premium features attracts high-end buyers.
- Economic outlook in 2027: Positive, driven by tourism, real estate, and regional development.
- Demographic developments: Increasing expatriate and retiree population boosting demand.
- Infrastructure plans in 2027: Improvements in transportation, amenities, and connectivity.
- Historical WOZ value trends: Consistent appreciation reflecting regional growth.
Possible improvements
- Upgrade interior furnishings and appliances
- Add smart home technology
- Enhance outdoor living spaces with landscaping
- Implement energy-efficient systems
- Renovate bathrooms and kitchen for modern appeal
Description
Discover the exquisite Penthouse El Oasis, a luxurious three-bedroom penthouse located on the prestigious New Golden Mile in Estepona, Spain. This modern residence, situated in the sought-after Selwo area, offers the perfect blend of contemporary design and functional living spaces, ideal for those seeking a private retreat on the Costa del Sol. The open-plan layout features a spacious 35 m² living, dining, and kitchen area illuminated by abundant natural light, creating an inviting atmosphere for relaxation and entertaining. The primary bedroom boasts an en-suite bathroom and direct access to the expansive 31 m² terrace, seamlessly connecting indoor comfort with outdoor living. Two additional bedrooms share a stylish bathroom, providing flexibility for family or guests. Ascend the spiral staircase to a stunning 70 m² private solarium, offering panoramic sea views—perfect for enjoying the Mediterranean climate year-round. The property is sold unfurnished, allowing buyers to customize the interior to their taste. Residents enjoy exclusive amenities including indoor and outdoor pools, a state-of-the-art gym, sauna, Turkish bath, and a dedicated co-working and social area. Located in Estepona’s desirable New Golden Mile, this penthouse combines stunning sea views, premium shared facilities, and a prime location, making it an exceptional choice for a primary residence or holiday home on the Costa del Sol. Experience luxurious living in Estepona, Spain—your ideal property awaits.
Location
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