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2
Bedrooms
1
Bathrooms
80 m²
Surface area
€
€3875
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€310.000
Own investment (30%)
€93.000
30% down payment of purchase price
Buyer costs
€31.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€108,33
Expected occupancy rate
71%
Gross rental p/m
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€0000
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Mortgage costs
-€578,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€66,67
{% 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
-€350,92
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€80,50
Municipal taxes for Estepona
Tax
(19%)
-€184,50
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
€108,33
High season
€140
Mid season
€106,50
Low season
€87
Price determining factors
- Proximity to beaches and amenities: Enhances desirability and value.
- Views and outdoor space: Mountain views and large terrace increase appeal.
- Property condition: Well-maintained condition supports higher valuation.
- Market demand for luxury properties: Growing demand for premium apartments boosts prices.
- Economic stability: A stable economy encourages investment.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €118 | Villacana Villa-holiday by the beach | 9.0 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 11.2 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 0.4 km |
| €139 | Casa Relajante - big summer garden | 1.4 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 3.2 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 17.7 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 18.9 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 7.1 km |
| €298,60 | Superb Townhouse in Golden Mile | 21.0 km |
| €124,71 | Casa Strandblick (Sea view villa) | 7.9 km |
Return & Value appreciation
Annual return
10.15%
5 Year Return
50.75%
10 Year Return
101.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears to be in good condition with recent updates, which supports value appreciation.
- Local market trends in 2027: The Estepona market is expected to continue growing due to tourism and expatriate interest.
- Property type: As a penthouse, it offers premium features and views, likely maintaining high demand.
- Economic outlook in 2027: Spain's economy is projected to stabilize and grow, positively impacting real estate.
- Demographic developments: Increasing expatriate and retiree populations in Estepona will sustain demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will enhance property values.
- Historical WOZ value trends: Past trends show steady appreciation aligned with market growth.
Possible improvements
- Renovate and furnish the apartment to modern standards.
- Upgrade kitchen appliances and cabinetry for added appeal.
- Enhance outdoor space with landscaping or outdoor furniture.
- Install energy-efficient systems to reduce utility costs.
- Improve interior decor to attract higher-paying tenants or buyers.
Description
Discover this stunning penthouse in Estepona, Spain, offering breathtaking mountain views and a generous 80 m² terrace perfect for outdoor living and entertaining. This bright and spacious property features two luminous bedrooms, a modern bathroom, and an open-plan living room seamlessly connected to the terrace, creating a light-filled, inviting atmosphere. The fully equipped kitchen boasts new cabinetry and a practical layout with ample storage, ideal for everyday living.
Situated in the heart of Estepona, this penthouse provides excellent convenience with walking distance to shops, restaurants, schools, and essential services. Just 10 minutes from the Mediterranean beaches, it offers easy access to Estepona’s vibrant town center, as well as nearby hotspots like Puerto Banús via the A-7 motorway. Public transportation options further enhance connectivity.
Built in 2009, this property is being sold unfurnished and includes two designated parking spaces, ensuring comfort and practicality. Whether you’re seeking a stylish family home or a lucrative investment in Estepona, Spain, this penthouse presents a remarkable opportunity in a highly desirable location. Experience the Mediterranean lifestyle with stunning views, modern amenities, and prime positioning in Estepona, Spain.
Location
Nightly rates in the area
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