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2
Bedrooms
2
Bathrooms
110 m²
Surface area
€
€2891
Price per m²
Apartment
Property type
+33 photos
Analysis
Price
€318.000
Own investment (30%)
€95.400
30% down payment of purchase price
Buyer costs
€31.800
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,46
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€593,60
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€91,67
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,11
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€82,62
Municipal taxes for El Padron
Tax
(19%)
-€227,32
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
€126,46
High season
€167
Mid season
€123,92
Low season
€104
Price determining factors
- Economic outlook in 2027: Positive growth in Spain's economy, boosting real estate investments.
- Demographic developments: Increasing demand from expatriates and retirees seeking coastal living.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhancing accessibility and attractiveness.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €275,20 | Casa Tetuan in old town Marbella, a manicured home | 21.8 km |
| €186,80 | Unique place with roof terrace in Old town | 21.8 km |
| €118 | Villacana Villa-holiday by the beach | 5.5 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 7.8 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 3.1 km |
| €139 | Casa Relajante - big summer garden | 4.9 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 6.7 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 14.2 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 15.5 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 10.5 km |
Return & Value appreciation
Annual return
12.19%
5 Year Return
60.95%
10 Year Return
121.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes and marble floors, which supports value retention and appreciation.
- Local market trends in 2027: Expected growth in coastal property demand due to tourism and lifestyle appeal.
- Property type: Duplex penthouse with luxury features, appealing to high-end buyers and investors.
Possible improvements
- Upgrade kitchen appliances and fixtures to modern standards.
- Add smart home technology for increased convenience and appeal.
- Enhance outdoor spaces with landscaping or additional features.
Description
Discover the epitome of luxury living in this exquisite 110 m² duplex penthouse in El Padrón, Spain. Designed for comfort and elegance, this property features two spacious bedrooms each with private en-suite bathrooms, offering privacy and convenience. The bright 30 m² living room, complete with a cozy fireplace, opens onto a terrace with stunning Mediterranean views, perfect for relaxing or entertaining. Elegant marble floors enhance the timeless appeal throughout this El Padrón property, complemented by a generous 16 m² storage room and parking for two vehicles within a secure, gated community. Built in 1999, this exclusive residence is part of a small, quiet complex with only 24 homes and one neighbor per floor, ensuring tranquility and privacy. Residents enjoy lush green areas, a communal swimming pool, and peaceful walking paths on a 4,315 m² plot, all just minutes from Estepona and Marbella. Located just 300 meters from the beach and coastal promenade, this El Padrón property offers effortless access to seaside leisure, gourmet restaurants, and world-class golf courses like Estepona Golf and Valderrama Golf. Proximity to Gibraltar, Malaga Airport, and vibrant urban centers makes it ideal for both relaxation and strategic investment. With community fees of only €135/month and an annual IBI of €450, this luxury duplex penthouse in El Padrón, Spain, combines sophisticated coastal living with unparalleled connectivity and natural beauty.
Location
Nightly rates in the area
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