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4
Bedrooms
2
Bathrooms
140 m²
Surface area
€
€5357
Price per m²
Apartment
Property type
+25 photos
Analysis
Price
€750.000
Own investment (30%)
€225.000
30% down payment of purchase price
Buyer costs
€75.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€220,82
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€1.400
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€116,67
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
-€375
Annual cleaning costs:€4500 (€375.00/month).Based on number of bedrooms.
Platform fees
-€594,42
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€171,88
Municipal taxes for Estepona
Tax
(19%)
-€247,92
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.
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
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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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