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3
Bedrooms
2
Bathrooms
120 m²
Surface area
€
€3451
Price per m²
Apartment
Property type
+11 photos
Analysis
Price
€534.900
Own investment (30%)
€160.470
30% down payment of purchase price
Buyer costs
€53.490
Buyer costs: 10% of purchase price
Estimated nightly rate
€105,96
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€998,48
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€100
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
-€294,90
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€127,04
Municipal taxes for El Paraiso
Tax
(19%)
-€21,33
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
€105,96
High season
€139
Mid season
€102,42
Low season
€81
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Property condition: Well-kept interiors and outdoor spaces.
- Local market trends: Rising property values in Costa del Sol.
- Economic outlook: Stable or growing economy supports property appreciation.
- Demographic developments: Growth in affluent and expatriate populations.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185,60 | Villa El Loto Blanco | 19.3 km |
| €150,33 | Villa Lindal - upper part of Ciudad Quesada. | 11.1 km |
| €231,40 | Fidalsa 5 Stars Sea Views | 13.1 km |
| €222,67 | Villa "Alma" with pool heating | 17.9 km |
| €196,40 | La Manzana - Villa with Private Pool | 12.8 km |
| €246,60 | Exclusive New build Villa with jacuzzi and pool | 7.7 km |
| €116,43 | Sunny stay at Casa Corten with Private pool. | 10.1 km |
| €121 | Very nice beachfront house. | 13.1 km |
| €119,20 | Villa-Capricho Playa - ParqueMar. VT-480073-A | 6.4 km |
| €98,40 | Nature Views Luxury Villa - 3BR en Pool | 3.5 km |
Return & Value appreciation
Annual return
0.51%
5 Year Return
2.55%
10 Year Return
5.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interior enhances value.
- Local market trends in 2027: Growing demand for luxury coastal properties.
- Property type: High-end penthouse with unique features.
- Economic outlook in 2027: Positive economic growth in Spain and Costa del Sol.
- Demographic developments: Increasing number of affluent buyers and expatriates.
- Infrastructure plans in 2027: Improvements in transportation and amenities in El Paraíso.
Possible improvements
- Adding a private pool or jacuzzi.
- Upgrading kitchen appliances and finishes.
- Enhancing outdoor living spaces with additional landscaping.
- Installing smart home technology.
- Renovating bathrooms for modern luxury.
Description
Discover the epitome of modern coastal living with this artful avant-garde penthouse in El Paraíso, Spain. Nestled on the prestigious New Golden Mile, this luxurious three-bedroom, two-bathroom penthouse offers approximately 155 m² of luminous, contemporary space. Located behind the charming D-Alicia Café, the property is just a short stroll from secluded beaches, making it an ideal retreat for those seeking tranquility and style.
This El Paraíso penthouse features a gallery-inspired interior with striking black-and-white contrasts, complemented by sleek wood flooring and expansive windows that flood the space with natural light. The state-of-the-art kitchen, finished in polished black granite, seamlessly integrates with an open-plan living and dining area—perfect for entertaining or relaxing in style. The master suite and guest bedrooms provide serene retreats, while the spa-like bathrooms—one with a deep soaking tub—offer ultimate comfort.
Step outside to the Saltillo-tiled rooftop terrace, a sculptural outdoor space perfect for sunset cocktails, stargazing, and alfresco gatherings. Surrounded by renowned restaurants, wine bars, and boutique shops, this El Paraíso penthouse exemplifies modern Mediterranean elegance and coastal luxury.
Ideal for discerning buyers seeking a unique blend of art, culture, and seaside living, this property in El Paraíso, Spain, presents an exceptional investment opportunity in the coveted New Golden Mile area of Costa del Sol.
Location
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Nightly rates in the area
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