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2
Bedrooms
2
Bathrooms
125 m²
Surface area
€
€3192
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€399.000
Own investment (30%)
€119.700
30% down payment of purchase price
Buyer costs
€39.900
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
-€744,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€104,17
{% 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
-€97,29
Municipal taxes for Estepona
Tax
(19%)
-€193,43
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, golf courses, and amenities increases desirability.
- Views of mountains, sea, and golf courses add premium value.
- Community amenities like pools and secure parking enhance attractiveness.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
8.27%
5 Year Return
41.35%
10 Year Return
82.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and recently renovated, which supports value appreciation.
- Local market trends in 2027: Expected growth due to increasing tourism and demand for luxury properties in Estepona.
- Property type: Penthouse apartments tend to appreciate faster due to exclusivity and views.
- Economic outlook in 2027: Spain's economy is projected to recover steadily, boosting real estate demand.
- Demographic developments: Growing expatriate and retiree populations seeking luxury coastal living.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home technology for modern convenience.
- Enhance outdoor living space with furniture or landscaping.
- Implement energy-efficient features to reduce utility costs.
Description
Experience luxurious living in this stunning penthouse in Estepona, Spain, offering panoramic views of the Sierra Bermeja mountains, lush golf courses, and the Mediterranean Sea. Ideally situated just minutes from Playa de Guadalobón and the renowned Hotel H10 Estepona Palace, this modern, fully renovated penthouse combines tranquility with convenient access to Estepona's vibrant amenities. Nestled between prestigious Valle Romano and Azata Golf courses, it’s perfect for golf enthusiasts and nature lovers alike. Spanning 135m² on a single level, this southeast-facing property is flooded with natural light, highlighting its sleek, contemporary kitchens and bathrooms. The open-plan living and dining area provides a welcoming space for relaxation and entertaining, while the master suite offers a peaceful retreat with built-in wardrobes and a luxurious whirlpool bath. Step outside onto the spacious terrace and enjoy breathtaking views of the mountains, fairways, and the Mediterranean Sea—ideal for unwinding or hosting gatherings. The community amenities include two adult swimming pools, a children’s pool, lush gardens, secure underground parking, elevator access, and a versatile community room. Short-term rentals are permitted, making this property a fantastic investment opportunity in Estepona, Spain. Whether seeking a permanent residence, holiday home, or lucrative rental property, this penthouse offers exceptional comfort, stunning vistas, and a prime location in one of Spain’s most desirable coastal towns.
Location
Nightly rates in the area
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