You can view 2 more properties. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
115 m²
Surface area
€
€2783
Price per m²
Apartment
Property type
+44 photos
Analysis
Price
€320.000
Own investment (30%)
€96.000
30% down payment of purchase price
Buyer costs
€32.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€597,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€95,83
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€80,50
Municipal taxes for Bel Air
Tax
(19%)
-€226,22
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€126,46
High season
€167
Mid season
€123,92
Low season
€104
Price determining factors
- High demand for luxury apartments in Costa del Sol.
- Limited supply of similar penthouses with sea views.
- Proximity to amenities, beaches, and golf courses.
- Potential for rental income due to tourist influx.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
12.06%
5 Year Return
60.30%
10 Year Return
120.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, which supports steady appreciation.
- Local market trends in 2027: Expected continued demand for luxury properties in Costa del Sol due to its popularity among international buyers.
- Property type: Penthouse with expansive terraces and sea views, highly desirable in the market.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment in real estate.
- Demographic developments: Growing expatriate and retiree population seeking luxury living in Costa del Sol.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhancing property appeal.
- Historical WOZ value trends: Consistent increase in property values in Bel Air, Estepona.
Possible improvements
- Adding a modernized kitchen or bathroom upgrades.
- Installing smart home technology.
- Enhancing outdoor terraces with additional amenities.
- Improving energy efficiency with solar panels or better insulation.
Description
Experience luxurious living in this stunning penthouse for sale in Bel Air, Estepona, Spain. This bright and spacious 2-bedroom, 2-bathroom penthouse offers 115 m² of elegant living space on the second floor, featuring stylish marble flooring and built-in wardrobes. The property boasts expansive terraces with breathtaking panoramic views of the sea, mountains, and lush gardens—ideal for relaxing or entertaining. Situated in a sought-after urbanization in Bel Air, Estepona, this penthouse provides access to beautifully maintained communal gardens and a refreshing swimming pool, creating a peaceful retreat on the Costa del Sol. Additional amenities include private parking, air conditioning, fully fitted kitchen, and secure gated access. Note: The building does not have a lift, making this an excellent opportunity for those seeking a charming residence with mountain and sea views in Bel Air, Spain. This property is perfect for buyers looking for a high-quality home or investment opportunity in one of Costa del Sol’s most desirable locations.
Location
Nightly rates in the area
Questions? Chat with us!