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2
Bedrooms
2
Bathrooms
160 m²
Surface area
€
€3931
Price per m²
Apartment
Property type
+35 photos
Analysis
Price
€629.000
Own investment (30%)
€188.700
30% down payment of purchase price
Buyer costs
€62.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€1.174,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€133,33
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
-€398,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€146,16
Municipal taxes for Estepona
Tax
(19%)
-€97,54
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
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Economic outlook in 2027: Positive economic growth in Spain and Europe boosts property prices.
- Demographic developments: Increasing affluent population and expatriates in Costa del Sol.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities increase desirability.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €118 | Villacana Villa-holiday by the beach | 9.0 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 11.2 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 0.4 km |
| €139 | Casa Relajante - big summer garden | 1.4 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 3.2 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 17.7 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 18.9 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 7.1 km |
| €298,60 | Superb Townhouse in Golden Mile | 21.0 km |
| €124,71 | Casa Strandblick (Sea view villa) | 7.9 km |
Return & Value appreciation
Annual return
1.98%
5 Year Return
9.90%
10 Year Return
19.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interior enhances value.
- Local market trends in 2027: Expected growth due to tourism and luxury demand.
- Property type: Luxury penthouse with premium features attracts high-end buyers.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Upgrade smart home features and security systems.
- Enhance outdoor terrace with landscaping or outdoor furniture.
Description
Discover unparalleled luxury living with this exquisite penthouse in Estepona, Spain, situated on the prestigious Atalaya golf course. Spanning 160 sqm of elegant interior space and an additional 80 sqm terrace, this property offers stunning panoramic views of the Mediterranean Sea, La Concha mountain, and the lush golf course, making it a perfect retreat on the Costa del Sol. Recently appraised at 640,000 euros, this Estepona penthouse boasts a prime market position, blending modern design with exceptional comfort. Featuring three spacious bedrooms, two stylish bathrooms, and a designated parking space, it caters to sophisticated tastes and convenience. Residents can enjoy exclusive access to golf club amenities, including a restaurant and bar, while immersing in the tranquil surroundings that define this sought-after location. Ideal for short-term rentals at 2,300 euros per week, this First Line Golf penthouse offers an unmatched opportunity for investors and luxury seekers alike. With a tourist license in place, it promises lucrative rental income and effortless management. Experience the best of Estepona's vibrant lifestyle, scenic beauty, and world-class golf courses from this luxurious property—an ideal investment in Spain’s coveted Costa del Sol.
Location
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Nightly rates in the area
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