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3
Bedrooms
2
Bathrooms
123 m²
Surface area
€
€4870
Price per m²
Apartment
Property type
+39 photos
Analysis
Price
€599.000
Own investment (30%)
€179.700
30% down payment of purchase price
Buyer costs
€59.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€1.118,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€102,50
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
-€491,98
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€139,79
Municipal taxes for Estepona
Tax
(19%)
-€207,88
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
€163,38
High season
€221
Mid season
€159,92
Low season
€129
Price determining factors
- Proximity to beaches, amenities, and transportation.
- Quality of finishes and modern design.
- Community facilities like pools and gyms.
- Views of sea and mountains.
- Potential for rental income from tourism.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185 | Entire House with Terrace in Marbella | 21.4 km |
| €382,40 | Three bed house with pool 50 metres from the beach | 16.5 km |
| €175 | Chic 3BR Townhouse on the Beach + Pool + Parking | 10.5 km |
| €281,20 | Ocean Front Villa w/Private Pool | 10.5 km |
| €421 | Calm Villa · Private Infinity Pool | 7.9 km |
| €159,80 | Lucia's home, beach and mountains. | 11.3 km |
| €294,40 | Villa with pool near the beach for families | 3.8 km |
| €195,20 | Justine's Houses - Casa Carmen | 18.0 km |
| €125,60 | Beautiful house with a private pool. | 18.5 km |
| €147,20 | Casa Azul | 18.6 km |
Return & Value appreciation
Annual return
4.44%
5 Year Return
22.20%
10 Year Return
44.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern finishes enhance value.
- Local market trends in 2027: Expected growth due to tourism and expatriate influx.
- Property type: Luxury penthouse in a sought-after area attracts premium buyers.
- Economic outlook in 2027: Positive growth in Spain's economy supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities increase desirability.
- Historical WOZ value trends: Consistent increase indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and finishes.
- Add smart home features for modern convenience.
- Improve outdoor space with landscaping or additional features.
- Renovate bathrooms for a more luxurious feel.
- Enhance energy efficiency with solar panels or insulation.
Description
Discover this luxurious 3-bedroom penthouse in the sought-after Urbanización Acqua Gardens, located in the vibrant coastal town of Estepona, Spain. Perfectly positioned in the heart of Cancelada, this modern top-floor residence offers a blend of contemporary design and spacious living, ideal for those seeking a Mediterranean lifestyle with comfort and style. The well-designed layout includes three bright double bedrooms, with a serene master suite featuring a private en-suite bathroom. An additional full bathroom serves the remaining bedrooms and guests. Bright, high-quality finishes, large windows, and an open-plan living and dining area create a luminous, welcoming atmosphere. Step outside onto the impressive 31m² private terrace with partial sea and mountain views—perfect for outdoor dining, entertaining, or relaxing under the Andalusian sun. Practical amenities include underground parking and a private storage room. Residents enjoy access to on-site facilities such as a saltwater swimming pool, a fully equipped gym, a co-working space, and beautifully maintained gardens within a secure gated community. Located within walking distance of local amenities, charming cafés, shops, and just a 10-minute walk to the beach, this Estepona penthouse provides easy access to Marbella and Estepona’s renowned dining, shopping, and leisure venues. Whether seeking a permanent residence, holiday retreat, or investment opportunity, this property in Estepona offers exceptional value, luxury, and lifestyle in the heart of Spain’s Costa del Sol.
Location
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Nightly rates in the area
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