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3
Bedrooms
2
Bathrooms
114 m²
Surface area
€
€4816
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€549.000
Own investment (30%)
€164.700
30% down payment of purchase price
Buyer costs
€54.900
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
-€1.024,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€95
{% 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
-€129,16
Municipal taxes for Selwo
Tax
(19%)
-€229,06
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
- Proximity to beaches, golf courses, and amenities increases desirability.
- The new build status adds value due to modern design and low immediate repairs.
- Community amenities like pools, gyms, and co-working spaces enhance attractiveness.
- Potential for rental income from vacationers and long-term tenants.
- Regional economic stability and growth prospects support price appreciation.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 21.6 km |
| €185 | Entire House with Terrace in Marbella | 14.6 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 10.1 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 4.3 km |
| €140,40 | TOWNHOUSE Old Town Marbella Large Rooftop Terr! A | 18.4 km |
| €281,20 | Ocean Front Villa w/Private Pool | 4.3 km |
| €421 | Calm Villa · Private Infinity Pool | 15.0 km |
| €159,80 | Lucia's home, beach and mountains. | 16.9 km |
| €294,40 | Villa with pool near the beach for families | 3.7 km |
| €195,20 | Justine's Houses - Casa Carmen | 21.1 km |
Return & Value appreciation
Annual return
5.34%
5 Year Return
26.70%
10 Year Return
53.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is new, which typically ensures high initial value and low immediate maintenance costs.
- Local market trends in 2027: The Costa del Sol region is expected to continue attracting both tourists and residents, supporting property value growth.
- Property type: As a luxury penthouse, it appeals to high-end buyers and investors, likely maintaining or increasing its value.
- Economic outlook in 2027: Spain's economy is projected to grow steadily, bolstering real estate investments.
- Demographic developments: Increasing expatriate and retiree populations in the region will sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and services will enhance property appeal.
- Historical WOZ value trends: Past trends show steady appreciation in property values in Estepona, especially in high-demand areas.
Possible improvements
- Adding smart home technology for enhanced convenience.
- Upgrading interior finishes to premium materials.
- Enhancing outdoor space with landscaping or outdoor furniture.
- Installing energy-efficient systems to reduce utility costs.
- Improving storage solutions or adding additional storage options.
Description
Discover this stunning brand-new three-bedroom penthouse in the desirable Selwo area of Estepona, Spain. This modern residence is part of an exclusive gated community nestled in the scenic surroundings near La Resina Golf Club, offering a perfect blend of luxury, comfort, and convenience. The spacious penthouse boasts contemporary design with high-quality finishes, featuring an open-plan living area that seamlessly connects to a large terrace with picturesque views of the lush gardens and sparkling pool. Perfect for outdoor entertaining, the expansive terrace provides a tranquil outdoor living space. The property includes a designated parking space and a storage room, both included in the purchase price. Residents enjoy access to beautifully landscaped communal gardens, an inviting swimming pool, and premium amenities such as a fully equipped gym, a dedicated co-working space, and a children's playground. Located just a five-minute drive from the beach, this Selwo property offers an exceptional coastal lifestyle combined with easy access to golf courses and recreational facilities. Whether you're seeking a luxurious primary residence or an attractive investment opportunity, this new build penthouse in Selwo, Spain, presents a compelling choice for discerning buyers. Don’t miss the chance to own this exceptional property in one of Spain’s most sought-after locations.
Location
Nightly rates in the area
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