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4
Bedrooms
2
Bathrooms
95 m²
Surface area
€
€4632
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€440.000
Own investment (30%)
€132.000
30% down payment of purchase price
Buyer costs
€44.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€215,50
Expected occupancy rate
60%
Gross rental p/m
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€0000
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Mortgage costs
-€821,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€79,17
{% trans '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 (€375.00/month).Based on number of bedrooms.
Platform fees
-€589,93
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€106
Municipal taxes for Estepona
Tax
(19%)
-€372,68
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
€215,50
High season
€294
Mid season
€207,42
Low season
€156
Price determining factors
- Proximity to Playa de la Rada and Plaza de las Flores: High demand area.
- Authentic Andalusian lifestyle: Attractive for tourists and residents.
- Interior features: Modern amenities and outdoor spaces increase value.
- Building without lift: Slightly reduces appeal but manageable.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
14.44%
5 Year Return
72.20%
10 Year Return
144.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern comforts, increasing appeal and value.
- Local market trends in 2027: Expected growth due to tourism and urban development.
- Property type: Duplex penthouse in a prime location enhances desirability.
- Economic outlook in 2027: Positive, with growth in tourism and real estate sectors.
- Demographic developments: Increasing demand from expatriates and retirees.
- Infrastructure plans in 2027: Upgrades to transportation and amenities in Estepona.
- Historical WOZ value trends: Consistent appreciation reflecting rising property values.
Possible improvements
- Install a lift to improve accessibility.
- Renovate bathrooms and kitchen for modern appeal.
- Enhance outdoor spaces with landscaping or furniture.
- Upgrade insulation and windows for energy efficiency.
Description
Experience the charm of this stunning duplex penthouse in the heart of Estepona's historic old town, Spain. Located just 50 meters from the beautiful Playa de la Rada and 30 meters from the vibrant Plaza de las Flores, this property offers an unbeatable location in Estepona, a jewel on the Costa del Sol. Surrounded by cobbled streets filled with boutique shops, traditional tapas bars, and cafes, this Estepona penthouse immerses you in authentic Andalusian lifestyle. Enjoy easy access to attractions like the Orchid House botanical garden and the scenic Paseo MarÃtimo promenade, perfect for seaside strolls.
Spanning 95 m² built (85 m² usable), this well-maintained duplex penthouse features three spacious bedrooms, a bright living area, an independent kitchen, and a laundry room. The property boasts an interior patio that provides natural light and privacy, an attic converted into a home office, two bathrooms, and outdoor spaces including a terrace and balcony ideal for relaxing outdoors. Additional highlights include built-in wardrobes, a storage room, and a south-facing orientation that ensures abundant sunlight. Situated on the second floor of a building without a lift, this Estepona duplex combines classic Andalusian charm with modern comforts.
Priced at €440,000, this exceptional Estepona property presents a rare opportunity to own a prime piece of Spain’s Costa del Sol in the sought-after old town. Perfect for those seeking a stylish, central residence or investment in Estepona, Spain.
Location
Nightly rates in the area
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