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Apartment in Estepona, 3 bedrooms, 111 m² €675.000

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3
Bedrooms
2
Bathrooms
111 m²
Surface area
€6081
Price per m²
Apartment
Property type
Apartment in Estepona, 3 bedrooms, 111 m² - Hoofdafbeelding
Apartment in Estepona, 3 bedrooms, 111 m² - Afbeelding 1
Apartment in Estepona, 3 bedrooms, 111 m² - Afbeelding 2
Apartment in Estepona, 3 bedrooms, 111 m² - Afbeelding 3
+17 photos

Analysis

View Report
Price
€675.000
Own investment (30%)
€202.500
Buyer costs
€67.500
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€1.260
Maintenance costs
-€92,50
Cleaning costs
-€333,33
Platform fees
-€491,98
Municipal taxes
-€155,94
Tax (19%)
-€179,76
Earned back in

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Nightly Rates

Estimated nightly rate
€163,38
High season
€221
Mid season
€159,92
Low season
€129

Price determining factors

  • Economic outlook in 2027: A stable or growing economy in Spain and Europe can boost property prices.
  • Demographic developments: An influx of residents and tourists can increase demand.
  • Infrastructure plans in 2027: Planned improvements in transportation, amenities, and local services can enhance property values.
  • Historical WOZ value trends: Increasing WOZ values in Estepona indicate rising property values over time.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate Hotel / apartment Distance
€185 Entire House with Terrace in Marbella 21.4 km
€382,40 Three bed house with pool 50 metres from the beach 16.5 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 10.5 km
€281,20 Ocean Front Villa w/Private Pool 10.5 km
€421 Calm Villa · Private Infinity Pool 7.9 km
€159,80 Lucia's home, beach and mountains. 11.3 km
€294,40 Villa with pool near the beach for families 3.8 km
€195,20 Justine's Houses - Casa Carmen 18.0 km
€125,60 Beautiful house with a private pool. 18.5 km
€147,20 Casa Azul 18.6 km

Return & Value appreciation

Annual return

3.41%

5 Year Return

17.05%

10 Year Return

34.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is new and never lived in, which typically supports higher appreciation.
  • Local market trends in 2027: The Estepona area is experiencing growth, which can positively influence property values.
  • Property type: As a luxury penthouse with sea views, it has high appeal and potential for value increase.

Possible improvements

  • Adding modern smart home features.
  • Upgrading furniture and interior design for higher rental appeal.
  • Enhancing outdoor space with additional landscaping or outdoor furniture.

Description

Discover this exceptional new penthouse in Estepona, Spain, boasting stunning sea views and a prime location in one of the area's fastest-growing neighborhoods. This brand-new, never-before-lived-in property offers a luxurious coastal lifestyle just 200 meters from the beach and within a short stroll to supermarkets and local eateries. Perfect for investors or those seeking a holiday home, the penthouse features 3 spacious bedrooms and 2 modern bathrooms, all thoughtfully designed within a 111m² layout. The south-east facing 31m² terrace provides an ideal outdoor space to enjoy the Mediterranean sun and sea vistas. Located in a vibrant community, residents benefit from a large communal pool, relaxing chiringuito, and a fully equipped gym. This property includes underground parking and a storage room for added convenience. Priced competitively for a new penthouse in Estepona, Spain, it offers excellent value, especially with the option to include brand-new furniture at no extra cost. Additionally, purchasers benefit from a reduced 7% transfer tax compared to the standard 10% IVA, making this a highly attractive investment opportunity. The property also features an approved tourist license (VUT/MA/95819), making it ideal for holiday rentals or personal use. Don't miss this rare chance to own a modern, sea view penthouse in Estepona, Spain, blending luxury, location, and investment potential seamlessly.

Location

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