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4
Bedrooms
3
Bathrooms
155 m²
Surface area
€
€4515
Price per m²
Apartment
Property type
+32 photos
Analysis
Price
€699.900
Own investment (30%)
€209.970
30% down payment of purchase price
Buyer costs
€69.990
Buyer costs: 10% of purchase price
Estimated nightly rate
€238,71
Expected occupancy rate
59%
Gross rental p/m
Log in to see the annual gross rental income
€0000
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Mortgage costs
-€1.306,48
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€129,17
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
-€642,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€161,23
Municipal taxes for Selwo
Tax
(19%)
-€317,18
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
€238,71
High season
€324
Mid season
€229,08
Low season
€162
Price determining factors
- Proximity to the beach and Estepona town center.
- Luxury features such as panoramic sea views and large terrace.
- Community amenities including pools and gardens.
- Property condition and modern renovations.
- Local demand for coastal luxury properties.
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 | 11.8 km |
| €707,60 | Luxury villa on beach. Puerto Banus walk 15 min | 10.1 km |
| €567,60 | Villa Tortuga Benamara | 5.0 km |
| €598,80 | Modern Golf Villa | Sea Views | Infinity Pool | 3.5 km |
| €462,20 | Family Beach Villa -Modern- Private pool -Estepona | 9.1 km |
| €692,80 | Golf & Seaview Villa with Heated Private Pool | 10.9 km |
| €381,20 | Beautiful villa with private pool | 18.7 km |
| €322 | Villa Sunlight near beach and Puerto Banus | 8.7 km |
| €691,60 | Nice villa with exceptional view to the sea! | 22.5 km |
| €356,60 | Villa with heated pool / Sea and Gibraltar view | 22.8 km |
Return & Value appreciation
Annual return
5.80%
5 Year Return
29.00%
10 Year Return
58.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate interest.
- Property type: Luxury penthouse with sea views attracts premium buyers.
- Economic outlook in 2027: Positive economic growth in Spain and Costa del Sol region.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Improved transport and amenities support property value.
- Historical WOZ value trends: Consistent appreciation in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Add smart home technology for modern appeal.
- Enhance outdoor space with landscaping or additional seating.
- Renovate bathrooms with high-end fixtures.
- Improve energy efficiency with solar panels or insulation.
Description
Discover this stunning penthouse in Selwo, Spain, offering breathtaking sea views and luxurious coastal living on the Costa del Sol. This spacious property features a large, sun-drenched terrace perfect for outdoor entertaining, with panoramic views of the sea and mountains. Originally designed with four bedrooms, the current layout includes three bedrooms and three modern bathrooms, with one bedroom converted into an expansive living area for comfort and versatility. The penthouse boasts two fully equipped kitchens, ideal for hosting family and friends. Residents enjoy access to communal gardens, a swimming pool, and a children's pool, all set within a secure, gated complex with 24-hour security. Conveniently located just minutes from the beach and five minutes from Estepona town center, this property is perfect for those seeking a relaxed coastal lifestyle or a lucrative investment opportunity on the Costa del Sol.
Location
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