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3
Bedrooms
2
Bathrooms
206 m²
Surface area
€
€2330
Price per m²
Apartment
Property type
+21 photos
Analysis
Price
€480.000
Own investment (30%)
€144.000
30% down payment of purchase price
Buyer costs
€48.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€163,38
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€896
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€171,67
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€491,98
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€118,64
Municipal taxes for Estepona
Tax
(19%)
-€240,96
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
€163,38
High season
€221
Mid season
€159,92
Low season
€129
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- Luxury features and panoramic views add premium value.
- Limited supply of similar high-end penthouses in Estepona.
- Strong rental demand for holiday and long-term rentals.
Comparable accommodations
| 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
6.42%
5 Year Return
32.10%
10 Year Return
64.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with high-quality finishes enhances value.
- Local market trends in 2027: Expected growth driven by tourism and expatriate demand.
- Property type: Luxury penthouse in a desirable location tends to appreciate more.
- Economic outlook in 2027: Positive economic growth in Spain and the Eurozone supports property appreciation.
- Demographic developments: Increasing expatriate and retiree populations boost demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will likely increase property values.
- Historical WOZ value trends: Consistent increase indicates a stable appreciation trend.
Possible improvements
- Upgrade smart home technology.
- Enhance outdoor living spaces with additional landscaping or features.
- Modernize kitchen and bathrooms with high-end appliances and fixtures.
- Add solar panels or energy-efficient systems to reduce utility costs.
Description
Discover this stunning modern penthouse in Estepona, Spain, offering breathtaking sea and mountain views just 700 meters from the beach. This luxurious 3-bedroom penthouse in Estepona combines contemporary design with exceptional comfort, situated within a secure gated community in Estepona West. Residents enjoy access to beautifully landscaped gardens and a communal swimming pool, perfect for relaxing and entertaining.
Bright and spacious, the living room features large glass doors that open onto terraces on three sides, creating a seamless indoor-outdoor living experience. The fully equipped open-plan kitchen boasts high-quality appliances and flows effortlessly into the living area. All three bedrooms, including a master with an en-suite bathroom, are conveniently located on the same floor and feature built-in wardrobes for ample storage.
This Estepona penthouse showcases premium finishes such as parquet flooring, air conditioning (hot/cold), double glazing, security doors, alarm system, video entry, and high-speed Wi-Fi. Step outside onto east- and southwest-facing terraces with panoramic views, or ascend a private outdoor staircase to a spacious roof terrace offering 360° vistas of the sea, mountains, and pool.
Additional features include a large storage room and underground parking. Located between Estepona town and Casares Costa, this property is close to supermarkets, restaurants, shops, and world-class golf courses like Estepona Golf and Finca Cortesin. Just a short drive to Puerto de La Duquesa, Estepona Marina, and the new hospital, with easy access to Málaga and Gibraltar airports.
Enjoy peace and privacy in this exclusive Estepona property, as tourist rentals are not permitted. Perfect for both permanent living and investment, this penthouse offers the best of Costa del Sol living in Spain.
Location
Similar properties in Estepona
Nightly rates in the area
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