You can view 1 more properties. Log in for unlimited access.
4
Bedrooms
3
Bathrooms
165 m²
Surface area
€
€7212
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€1.190.000
Own investment (30%)
€357.000
30% down payment of purchase price
Buyer costs
€119.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€238,71
Expected occupancy rate
59%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€2.221,33
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€137,50
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
-€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
-€223,23
Municipal taxes for Estepona
Tax
(19%)
-€130
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 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
Similar properties in Estepona
Interested in this property?
Register your interest and we'll connect you directly with the seller. No obligations.
Sign up and register interestNightly rates in the area
Questions? Chat with us!