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Apartment in Estepona, 4 bedrooms, 165 m² €1.190.000

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4
Bedrooms
3
Bathrooms
165 m²
Surface area
€7212
Price per m²
Apartment
Property type
Apartment in Estepona, 4 bedrooms, 165 m² - Hoofdafbeelding
Apartment in Estepona, 4 bedrooms, 165 m² - Afbeelding 1
Apartment in Estepona, 4 bedrooms, 165 m² - Afbeelding 2
Apartment in Estepona, 4 bedrooms, 165 m² - Afbeelding 3
+26 photos

Analysis

View Report
Price
€1.190.000
Own investment (30%)
€357.000
Buyer costs
€119.000
Estimated nightly rate
€238,71
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage costs
-€2.221,33
Maintenance costs
-€137,50
Cleaning costs
-€375
Platform fees
-€642,58
Municipal taxes
-€223,23
Tax (19%)
-€130
Earned back in

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Nightly Rates

Estimated nightly rate
€238,71
High season
€324
Mid season
€229,08
Low season
€162

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability and value.
  • Views and outdoor spaces: Panoramic sea and mountain views, large terraces, and private solarium.
  • High-quality renovations: Modern finishes and features increase market value.
  • Location in a prestigious complex: Security, amenities, and exclusivity add value.
  • Potential for rental income: High demand for luxury holiday rentals in Estepona.

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

1.40%

5 Year Return

7.00%

10 Year Return

14.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Renovated in 2022 with high-quality finishes, enhancing value and appeal.
  • Local market trends in 2027: Expected continued growth driven by tourism and expatriate demand.
  • Property type: Luxury penthouse in a prime beachfront location attracts high-end buyers and renters.
  • Economic outlook in 2027: Positive outlook for Spain's economy, especially in tourism and real estate sectors.
  • Demographic developments: Increasing number of affluent retirees and expatriates seeking luxury properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and connectivity in Costa del Sol.
  • Historical WOZ value trends: Consistent increase in property values and property taxes in Estepona and surrounding areas.

Possible improvements

  • Adding a private pool or jacuzzi on the terrace or solarium.
  • Upgrading smart home features for enhanced convenience.
  • Improving energy efficiency with solar panels or additional insulation.
  • Enhancing outdoor furniture and landscaping for better outdoor living appeal.
  • Modernizing kitchen and bathrooms further to maintain high-end standards.

Description

Experience the ultimate beachfront lifestyle with this stunning penthouse in Estepona, Spain, just 80 meters from the sandy shores of the New Golden Mile. Perfectly situated in a prestigious residential complex, this property offers easy access to local amenities, top golf courses, renowned schools, and the vibrant towns of Puerto Banus and Estepona. The southwest-facing orientation guarantees breathtaking sunsets and panoramic views of La Concha, Sierra Bermeja, and partial sea vistas, making this Estepona penthouse a truly unique find. Renovated in 2022 with high-quality finishes, this spacious penthouse boasts a bright living area with a cozy fireplace and an open, fully equipped kitchen that seamlessly connects to a large 40 m² terrace. This outdoor space is ideal for entertaining or relaxing while enjoying calming views of nature and the Sierra Bermeja mountains. The master suite features a private bathroom and terrace access, complemented by three additional bedrooms or two bedrooms plus an office, all with built-in wardrobes and en-suite bathrooms. The 145 m² private solarium offers complete privacy, perfect for sunbathing or outdoor gatherings. Designed for comfort, the property includes underfloor heating in bathrooms, reversible air conditioning in every room, double glazing, and a fireplace insert. The secure residence offers two large swimming pools, lush landscaped gardens, and included underground parking. Whether as a primary residence, luxury holiday home, or a lucrative rental investment, this Estepona penthouse combines strategic location, stunning views, and high-end features to meet diverse lifestyle needs. Discover your dream home in Estepona, Spain—contact us today to schedule a viewing and seize this exceptional opportunity in the Costa del Sol.

Location

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