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4
Bedrooms
3
Bathrooms
145 m²
Surface area
€
€8621
Price per m²
Apartment
Property type
+25 photos
Analysis
Price
€1.250.000
Own investment (30%)
€375.000
30% down payment of purchase price
Buyer costs
€125.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€238,71
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€2.333,33
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€120,83
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
-€375
Annual cleaning costs: €4500
(€375/month). Based on number of bedrooms.
Platform fees
-€642,58
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€216,15
Municipal taxes for Estepona
Tax
(19%)
-€113,23
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.
Nightly Rates
Estimated nightly rate
€238,71
High season
€324
Mid season
€229,08
Low season
€162
Price determining factors
- Proximity to beaches, golf courses, and leisure facilities.
- Luxury amenities and modern design.
- Community security features and shared facilities.
- Location within the New Golden Mile, a sought-after area.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €319 | 4 bed Villa in Nueva Andalucia - Heated Pool | 18.9 km |
| €707,60 | Luxury villa on beach. Puerto Banus walk 15 min | 16.6 km |
| €567,60 | Villa Tortuga Benamara | 11.3 km |
| €598,80 | Modern Golf Villa | Sea Views | Infinity Pool | 10.4 km |
| €462,20 | Family Beach Villa -Modern- Private pool -Estepona | 2.1 km |
| €692,80 | Golf & Seaview Villa with Heated Private Pool | 4.2 km |
| €381,20 | Beautiful villa with private pool | 11.6 km |
| €322 | Villa Sunlight near beach and Puerto Banus | 15.1 km |
| €691,60 | Nice villa with exceptional view to the sea! | 15.6 km |
| €356,60 | Villa with heated pool / Sea and Gibraltar view | 15.8 km |
Return & Value appreciation
Annual return
1.16%
5 Year Return
5.80%
10 Year Return
11.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern property enhances value.
- Local market trends in 2027: Growing demand for luxury coastal properties on the Costa del Sol.
- Property type: High-end penthouse with premium amenities attracts affluent buyers.
- Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
- Demographic developments: Increasing number of affluent retirees and expatriates settling in Estepona.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities boost property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade interior finishes and appliances to premium brands.
- Add smart home automation features.
- Enhance outdoor living spaces or terraces.
- Implement energy-efficient systems to reduce utility costs.
- Improve landscaping and outdoor aesthetics.
Description
Discover modern luxury living in this brand-new 4-bedroom penthouse within the exclusive NINETEEN41 residential development in Estepona, Spain. This premium property offers spacious, bright open-plan living areas with floor-to-ceiling windows that showcase stunning views of the Costa del Sol. Designed with contemporary elegance, the penthouse features a thoughtfully planned layout to maximize comfort and functionality, making it an ideal choice for families or investors seeking a prime Estepona property. The NINETEEN41 development seamlessly integrates sleek architectural lines with its natural surroundings, creating an inviting community atmosphere. Residents enjoy access to exceptional amenities, including a swimming pool, SPA, fully equipped gym, changing rooms, coworking spaces, and a communal kitchen — all designed for a luxurious lifestyle. Security is a top priority with advanced video surveillance and license plate recognition at the garage entrance, ensuring peace of mind. Located on the New Golden Mile, this Estepona property places you minutes from prestigious golf courses, El Saladillo Beach, and Playa del Sol Villacana, offering the perfect blend of coastal serenity and vibrant leisure options. Whether searching for a primary residence or an investment opportunity, this Estepona property combines modern design, prime location, and luxurious amenities, making it a standout choice on the Costa del Sol.
Location
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