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2
Bedrooms
2
Bathrooms
97 m²
Surface area
€
€7113
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€690.000
Own investment (30%)
€207.000
30% down payment of purchase price
Buyer costs
€69.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.288
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€80,83
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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€159,12
Municipal taxes for Selwo
Tax
(19%)
-€83,42
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
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Views and outdoor space: Scenic mountain and garden views increase value.
- Community facilities: Pool, sauna, tennis courts add to attractiveness.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 18.6 km |
| €186,80 | Unique place with roof terrace in Old town | 18.6 km |
| €118 | Villacana Villa-holiday by the beach | 3.3 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 4.9 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 6.8 km |
| €139 | Casa Relajante - big summer garden | 8.5 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 10.3 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 10.8 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 11.8 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 13.7 km |
Return & Value appreciation
Annual return
1.55%
5 Year Return
7.75%
10 Year Return
15.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern features enhance value.
- Local market trends in 2027: Expected growth due to tourism and expatriate interest.
- Property type: Luxury penthouse with premium features attracts higher appreciation.
- Economic outlook in 2027: Positive, with steady growth in Spain's economy and real estate sector.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Improved transportation and amenities in Estepona and Selwo.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Add smart home features for modern convenience.
- Enhance outdoor living space with additional landscaping or furniture.
- Implement energy-efficient upgrades to reduce utility costs.
Description
Discover this stunning penthouse in the picturesque Selwo area of Estepona, Spain, offering an exceptional blend of luxury and tranquility. Situated within a secure gated community in Selwo, this spacious property features two bedrooms, two bathrooms, and a convenient guest toilet. The expansive living room seamlessly extends to a generous 16 m2 terrace, providing breathtaking views of lush gardens and the majestic mountains, perfect for relaxing or entertaining guests. The fully equipped kitchen includes a practical laundry area, catering to modern family needs.
This beautiful Selwo penthouse is part of a family-friendly urbanization renowned for its lush tropical gardens, large swimming pool, sauna, and paddle tennis courts, making it an ideal retreat for those seeking a high-quality lifestyle in Spain. Located just minutes from Marbella and Estepona, residents enjoy easy access to pristine beaches, top-rated restaurants, supermarkets, and essential amenities.
Whether you’re looking for a permanent residence or a lucrative investment in Selwo, this property stands out as a premier choice. Its prime location in Estepona’s sought-after Selwo community, combined with luxurious features and scenic surroundings, makes it a perfect opportunity for discerning buyers interested in Spanish real estate.
Location
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