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Apartment in Estepona, 4 bedrooms, 140 m² €750.000

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4
Bedrooms
2
Bathrooms
140 m²
Surface area
€5357
Price per m²
Apartment
Property type
Apartment in Estepona, 4 bedrooms, 140 m² - Hoofdafbeelding
Apartment in Estepona, 4 bedrooms, 140 m² - Afbeelding 1
Apartment in Estepona, 4 bedrooms, 140 m² - Afbeelding 2
Apartment in Estepona, 4 bedrooms, 140 m² - Afbeelding 3
+25 photos

Analysis

Price
€750.000
Own investment (30%)
€225.000
Buyer costs
€75.000
Estimated nightly rate
€220,82
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€1.400
Maintenance costs
-€116,67
Cleaning costs
-€375
Platform fees
-€594,42
Municipal taxes
-€171,88
Tax (19%)
-€247,92
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€220,82
High season
€301
Mid season
€211,92
Low season
€157

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • Luxury features and spacious terrace add value.
  • Community amenities like pools and fitness centers enhance attractiveness.

Comparable accommodations

Rate Hotel / apartment Distance
€319 4 bed Villa in Nueva Andalucia - Heated Pool 18.9 km
€707,60 Luxury villa on beach. Puerto Banus walk 15 min 16.6 km
€567,60 Villa Tortuga Benamara 11.3 km
€598,80 Modern Golf Villa | Sea Views | Infinity Pool 10.4 km
€462,20 Family Beach Villa -Modern- Private pool -Estepona 2.1 km
€692,80 Golf & Seaview Villa with Heated Private Pool 4.2 km
€381,20 Beautiful villa with private pool 11.6 km
€322 Villa Sunlight near beach and Puerto Banus 15.1 km
€691,60 Nice villa with exceptional view to the sea! 15.6 km
€356,60 Villa with heated pool / Sea and Gibraltar view 15.8 km

Return & Value appreciation

Annual return

4.23%

5 Year Return

21.15%

10 Year Return

42.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, move-in ready condition enhances value.
  • Local market trends in 2027: Expected growth in luxury property demand in Estepona.
  • Property type: Penthouse with premium features and amenities.
  • Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports real estate appreciation.
  • Demographic developments: Increasing demand from expatriates and retirees in Estepona.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities boost property appeal.
  • Historical WOZ value trends: Steady increase in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms with modern fixtures.
  • Add smart home technology for increased convenience.
  • Improve energy efficiency with solar panels or upgraded insulation.
  • Enhance outdoor space with landscaping or outdoor furniture.

Description

Experience luxury living in this stunning penthouse for sale in Estepona, Spain, perfectly situated in the sought-after Cancelada area. This spacious 182 m² Estepona penthouse offers four generous bedrooms and two modern bathrooms, making it ideal for families seeking comfort and style. The open-concept kitchen is fully equipped and seamlessly connects to the living space, creating a welcoming environment for entertaining guests or enjoying family moments. Step out onto the impressive 42 m² terrace, where you can relax and admire views of the lush gardens and shimmering pool, all in a secure, gated community. Residents of this Estepona penthouse benefit from a range of premium amenities, including a communal swimming pool, well-maintained gardens, a fitness center, and designated parking. With air conditioning and electric heating, comfort is maintained throughout the year. Located in a prime position near shops, schools, and public transport, this property provides easy access to Estepona’s beautiful beaches and world-class golf courses. Designed with accessibility in mind, this penthouse is suitable for individuals with reduced mobility and is move-in ready, showcasing impeccable condition. Embrace the opportunity to own a luxurious property in Estepona, Spain, where every detail is tailored for your well-being. Discover your new home today and enjoy the vibrant lifestyle and scenic beauty that Estepona offers.

Location

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