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3
Bedrooms
2
Bathrooms
90 m²
Surface area
€
€5833
Price per m²
Apartment
Property type
+19 photos
Analysis
Price
€525.000
Own investment (30%)
€157.500
30% down payment of purchase price
Buyer costs
€52.500
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
-€980
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75
{% 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
-€124,06
Municipal taxes for Estepona
Tax
(19%)
-€242,34
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
- High-quality modern finishes and amenities increase desirability.
- Sea views and west-facing orientation enhance appeal and value.
- Location in a desirable area with access to beaches and golf courses.
- Building features like communal pool and elevator 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
5.90%
5 Year Return
29.50%
10 Year Return
59.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is brand new, which typically ensures high initial value and minimal immediate repairs.
- Local market trends in 2027: The Costa del Sol region has shown consistent growth driven by tourism and expatriate demand.
- Property type: As a penthouse, it offers exclusivity and luxury, which tend to appreciate well in high-demand areas.
- Economic outlook in 2027: Spain's economy is expected to recover steadily post-pandemic, supporting real estate growth.
- Demographic developments: Increasing expatriate and retiree populations in Estepona boost demand for luxury properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities enhance property values.
- Historical WOZ value trends: Historically, WOZ values in Estepona have shown steady growth, reflecting rising property prices.
Possible improvements
- Adding smart home technology for increased convenience.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor space with landscaping or furniture.
- Improving energy efficiency with solar panels or additional insulation.
Description
Experience luxurious living in this brand new penthouse in Estepona, Spain, a prime location on the Costa del Sol. This modern 160m² Estepona penthouse, completed in 2023, offers an exclusive lifestyle with stunning sea views and abundant natural light. Situated on the 6th floor with a west-facing orientation, it guarantees breathtaking sunsets and bright, airy interiors. Featuring three spacious bedrooms and two stylish bathrooms, this exterior Estepona property is designed for comfort and elegance. Enjoy generous, quiet living spaces perfect for relaxation, complemented by built-in wardrobes and a dedicated storage room for ample organization. Modern comforts include electric heating, air conditioning, and a parking space included in the price. The building features an elevator and a communal pool, ideal for enjoying sunny days on the Costa del Sol. With an energy efficiency rating of B for both energy consumption and CO2 emissions, this Estepona penthouse is a sustainable investment choice. Located in a highly desirable area, this property provides easy access to local amenities, beaches, and golf courses, making it perfect for both living and investment. Don’t miss the opportunity to own this stunning Estepona penthouse on the Costa del Sol—your dream home in Spain awaits. Contact our experienced real estate professionals today to schedule a viewing and take the first step toward owning this exceptional property in Estepona, Spain.
Location
Nightly rates in the area
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