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2
Bedrooms
2
Bathrooms
110 m²
Surface area
€
€3000
Price per m²
Apartment
Property type
+33 photos
Analysis
Price
€330.000
Own investment (30%)
€99.000
30% down payment of purchase price
Buyer costs
€33.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€616
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€91,67
{% 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
-€82,62
Municipal taxes for El Padron
Tax
(19%)
-€223,06
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
€126,46
High season
€167
Mid season
€123,92
Low season
€104
Price determining factors
- Proximity to beaches and golf courses increases desirability.
- Community amenities like pool and green spaces add value.
- Limited supply of similar luxury properties maintains high demand.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
11.53%
5 Year Return
57.65%
10 Year Return
115.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes enhances value.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand.
- Property type: Luxury duplex penthouse appeals to high-end buyers.
- Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations.
- Infrastructure plans in 2027: Improvements in transportation and amenities boost attractiveness.
- Historical WOZ value trends: Steady increase indicating rising property values.
Possible improvements
- Renovate kitchen and bathrooms with modern fixtures.
- Add smart home technology for increased convenience.
- Improve outdoor terrace with stylish furniture and lighting.
- Upgrade flooring or add premium finishes for a more luxurious feel.
Description
Discover the epitome of luxury living in this exquisite 110 m² duplex penthouse in El Padrón, Spain. Designed for comfort and elegance, this property features two spacious bedrooms each with private en-suite bathrooms, offering privacy and convenience. The bright 30 m² living room, complete with a cozy fireplace, opens onto a terrace with stunning Mediterranean views, perfect for relaxing or entertaining. Elegant marble floors enhance the timeless appeal throughout this El Padrón property, complemented by a generous 16 m² storage room and parking for two vehicles within a secure, gated community. Built in 1999, this exclusive residence is part of a small, quiet complex with only 24 homes and one neighbor per floor, ensuring tranquility and privacy. Residents enjoy lush green areas, a communal swimming pool, and peaceful walking paths on a 4,315 m² plot, all just minutes from Estepona and Marbella. Located just 300 meters from the beach and coastal promenade, this El Padrón property offers effortless access to seaside leisure, gourmet restaurants, and world-class golf courses like Estepona Golf and Valderrama Golf. Proximity to Gibraltar, Malaga Airport, and vibrant urban centers makes it ideal for both relaxation and strategic investment. With community fees of only €135/month and an annual IBI of €450, this luxury duplex penthouse in El Padrón, Spain, combines sophisticated coastal living with unparalleled connectivity and natural beauty.
Location
Nightly rates in the area
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