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3
Bedrooms
3
Bathrooms
196 m²
Surface area
€
€5995
Price per m²
Apartment
Property type
+11 photos
Analysis
Price
€1.175.000
Own investment (30%)
€352.500
30% down payment of purchase price
Buyer costs
€117.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€174,05
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€2.193,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€163,33
{% 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
-€516,17
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€220,57
Municipal taxes for Estepona
Tax
(19%)
-€2,73
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
€174,05
High season
€231
Mid season
€170,17
Low season
€140
Price determining factors
- Proximity to the sea and amenities: Enhances desirability and value.
- Views and outdoor space: Sea and mountain views, large terrace, and private solarium increase appeal.
- Modern design and features: Contemporary finishes and security systems add value.
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
0.03%
5 Year Return
0.15%
10 Year Return
0.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The modern and well-maintained condition of the penthouse supports a positive ROI.
- Local market trends in 2027: Expected growth in the Costa del Sol region due to tourism and expatriate interest.
- Property type: Luxury penthouse properties tend to appreciate well in desirable locations.
- Economic outlook in 2027: Spain's economy is projected to recover steadily, boosting real estate demand.
- Demographic developments: Increasing expatriate and retiree populations in Costa del Sol enhance demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities support property values.
- Historical WOZ value trends: Past trends indicate steady appreciation, with potential for acceleration due to regional growth.
Possible improvements
- Upgrade kitchen appliances and finishes to premium brands.
- Add smart home automation features for enhanced convenience.
- Improve energy efficiency with solar panels or upgraded insulation.
- Enhance outdoor living spaces with additional landscaping or outdoor furniture.
Description
Discover luxurious living in this stunning penthouse in Estepona, Spain, offering breathtaking sea and mountain views on the Costa del Sol. This spacious property features 3 bedrooms and 3 bathrooms, with a total built area of 196 m² complemented by a generous 104 m² terrace, perfect for enjoying the Mediterranean climate. Located close to shops, the sea, and top-rated schools, this modern penthouse provides an ideal setting for both relaxation and convenience. The south-west orientation ensures abundant natural light, while the excellent condition and contemporary design highlight its premium quality. Residents can indulge in both communal and private pools, relax on the covered terraces or private solarium, and enjoy lush communal gardens. Key features include fitted wardrobes, an fully equipped kitchen, lift access, private parking in an underground garage, and security systems for peace of mind. Climate control is seamless with air conditioning units offering hot and cold options, ensuring comfort year-round. Designed with accessibility in mind, this luxury penthouse also includes access for people with reduced mobility. Situated within a vibrant urbanization on Spain’s Costa del Sol, this Estepona property combines elegance, comfort, and prime location appeal. Whether seeking a permanent residence or a holiday retreat, this Estepona penthouse promises a sophisticated lifestyle in one of Spain’s most desirable regions.
Location
Nightly rates in the area
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