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2
Bedrooms
1
Bathrooms
80 m²
Surface area
€
€4000
Price per m²
Apartment
Property type
+13 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
€108,33
Expected occupancy rate
71%
Gross rental p/m
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€0000
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Mortgage costs
-€597,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€66,67
{% 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
-€350,92
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€80,50
Municipal taxes for Estepona
Tax
(19%)
-€180,95
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
€108,33
High season
€140
Mid season
€106,50
Low season
€87
Price determining factors
- Proximity to beaches, amenities, and transport links.
- Desirable property features like mountain views and outdoor space.
- Market demand for luxury and holiday properties.
- Potential for rental income from tourism and short-term rentals.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
9.64%
5 Year Return
48.20%
10 Year Return
96.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern features, likely to attract buyers and renters.
- Local market trends in 2027: Expected to grow due to increasing demand for properties in Estepona.
- Property type: Penthouse with outdoor terrace and mountain views, highly desirable.
- Economic outlook in 2027: Positive economic growth in Spain and the Costa del Sol region, supporting property appreciation.
- Demographic developments: Growing expatriate and retiree population increasing demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Estepona.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Possible improvements
- Renovate and furnish the property to modern standards.
- Upgrade kitchen and bathroom fixtures.
- Enhance outdoor living spaces with landscaping or furniture.
- Implement energy-efficient upgrades to reduce utility costs.
Description
Discover this stunning penthouse in Estepona, Spain, offering breathtaking mountain views and a generous 80 m² terrace perfect for outdoor living and entertaining. This bright and spacious property features two luminous bedrooms, a modern bathroom, and an open-plan living room seamlessly connected to the terrace, creating a light-filled, inviting atmosphere. The fully equipped kitchen boasts new cabinetry and a practical layout with ample storage, ideal for everyday living.
Situated in the heart of Estepona, this penthouse provides excellent convenience with walking distance to shops, restaurants, schools, and essential services. Just 10 minutes from the Mediterranean beaches, it offers easy access to Estepona’s vibrant town center, as well as nearby hotspots like Puerto Banús via the A-7 motorway. Public transportation options further enhance connectivity.
Built in 2009, this property is being sold unfurnished and includes two designated parking spaces, ensuring comfort and practicality. Whether you’re seeking a stylish family home or a lucrative investment in Estepona, Spain, this penthouse presents a remarkable opportunity in a highly desirable location. Experience the Mediterranean lifestyle with stunning views, modern amenities, and prime positioning in Estepona, Spain.
Location
Nightly rates in the area
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