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Apartment in Estepona, 3 bedrooms, 196 m² €1.100.000

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3
Bedrooms
3
Bathrooms
196 m²
Surface area
€5612
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 196 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 196 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 196 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 196 m² - Afbeelding 3
+37 photos

Analysis

Price
€1.100.000
Own investment (30%)
€330.000
Buyer costs
€110.000
Estimated nightly rate
€174,05
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€2.053,33
Maintenance costs
-€163,33
Cleaning costs
-€333,33
Platform fees
-€516,17
Municipal taxes
-€207,29
Tax (19%)
-€31,86
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€174,05
High season
€231
Mid season
€170,17
Low season
€140

Price determining factors

  • High-end finishes and modern design.
  • Prime location with panoramic views.
  • Luxury amenities including private pool and outdoor terrace.
  • Proximity to beaches, golf courses, and urban centers.

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

0.37%

5 Year Return

1.85%

10 Year Return

3.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern finishes enhance value.
  • Local market trends in 2027: Expected growth due to tourism and expatriate demand.
  • Property type: Luxury penthouse in a high-demand area increases appreciation potential.
  • Economic outlook in 2027: Positive, driven by tourism, real estate, and regional development.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities will support value growth.
  • Historical WOZ value trends: Consistent appreciation in property values in Estepona and Costa del Sol.

Possible improvements

  • Adding smart home technology.
  • Upgrading kitchen appliances and finishes.
  • Enhancing outdoor living spaces with additional features.
  • Implementing energy-efficient systems to reduce utility costs.

Description

Discover this luxurious penthouse in Estepona, Spain, an exceptional residence that combines contemporary design with spacious living areas, perfect for embracing the Mediterranean lifestyle. Located on the coveted Costa del Sol, this Estepona penthouse offers unparalleled quality finishes, a prime position, and breathtaking views. Featuring 3 bedrooms, 3 bathrooms, and a guest toilet, the smart and modern layout ensures comfort and elegance throughout. The interior boasts bright, open spaces with high-end materials and carefully curated finishes that create a warm yet sophisticated ambiance. The highlight is the stunning 67 m2 outdoor terrace, ideal for outdoor dining, relaxation, and enjoying the year-round sunshine of Estepona. A private infinity pool seamlessly integrates into this outdoor oasis, providing exclusive privacy and panoramic views. The state-of-the-art, fully equipped kitchen flows effortlessly into the living area, with large windows inviting natural light and outdoor access. Additional amenities include two parking spaces and a storage room, enhancing convenience for residents. This Estepona penthouse is perfect for those seeking an exclusive, high-end property in a sought-after location on the Costa del Sol, offering a refined lifestyle in one of Spain’s most desirable coastal towns. Trust Fortes & Miranda, your expert real estate agency specializing in Estepona properties, to assist you in making this dream home yours. Please note that our agency fees are included in the sale price, with additional costs such as notary and registration fees not included.

Location

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