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4
Bedrooms
2
Bathrooms
150 m²
Surface area
€
€4633
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€695.000
Own investment (30%)
€208.500
30% down payment of purchase price
Buyer costs
€69.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€220,82
Expected occupancy rate
59%
Gross rental p/m
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€0000
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Mortgage costs
-€1.297,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€125
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
-€594,42
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€160,19
Municipal taxes for Estepona
Tax
(19%)
-€268,06
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
€220,82
High season
€301
Mid season
€211,92
Low season
€157
Price determining factors
- Proximity to beaches, Old Town, and amenities increases desirability.
- High-quality finishes and features like outdoor kitchen and private terrace add value.
- Tourist rental potential enhances income prospects, supporting higher property prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €319 | 4 bed Villa in Nueva Andalucia - Heated Pool | 18.9 km |
| €707,60 | Luxury villa on beach. Puerto Banus walk 15 min | 16.6 km |
| €567,60 | Villa Tortuga Benamara | 11.3 km |
| €598,80 | Modern Golf Villa | Sea Views | Infinity Pool | 10.4 km |
| €462,20 | Family Beach Villa -Modern- Private pool -Estepona | 2.1 km |
| €692,80 | Golf & Seaview Villa with Heated Private Pool | 4.2 km |
| €381,20 | Beautiful villa with private pool | 11.6 km |
| €322 | Villa Sunlight near beach and Puerto Banus | 15.1 km |
| €691,60 | Nice villa with exceptional view to the sea! | 15.6 km |
| €356,60 | Villa with heated pool / Sea and Gibraltar view | 15.8 km |
Return & Value appreciation
Annual return
4.93%
5 Year Return
24.65%
10 Year Return
49.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and modern, which supports value retention and appreciation.
- Local market trends in 2027: Expected to be positive due to increasing tourism and demand for holiday rentals.
- Property type: Duplex penthouse with unique features like a rooftop terrace, appealing to high-end buyers and renters.
- Economic outlook in 2027: Likely stable or improving, supporting property value growth.
- Demographic developments: Growing expatriate and retiree populations in Estepona, increasing demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and tourism infrastructure, boosting property appeal.
- Historical WOZ value trends: Consistent growth in property values in Estepona, indicating a healthy market.
Possible improvements
- Adding a swimming pool or enhancing outdoor amenities.
- Upgrading smart home features for increased convenience.
- Improving energy efficiency with solar panels or better insulation.
- Renovating bathrooms and kitchen for a more modern look.
Description
Discover this stunning four-bedroom duplex penthouse in the heart of Estepona, Spain, within the prestigious Estepona Gardens complex. Perfectly positioned to enjoy mountain views and partial sea vistas, this bright and spacious property offers 149.59 m² of built area and 121.27 m² of functional living space. The highlight is a magnificent private rooftop terrace of approximately 60 m², ideal for embracing the Mediterranean lifestyle with outdoor dining, a German-made Goriller outdoor kitchen, barbecue area, retractable awnings, and automated irrigation. The open-plan kitchen by Schmidt Kitchens features top-brand appliances and a Quooker system, seamlessly blending style and practicality. The generously sized, sunlit bedrooms include two with direct access to the upper terrace, while modern bathrooms fitted with Roca fixtures provide a serene retreat. Additional features include centralized air conditioning and heating, high-quality mosquito screens, and a bright laundry room. The secure, low-density building with only eight residences offers exclusive access to communal pools, children’s playground, calisthenics area, and social spaces. Prime location just a 12-minute walk to Estepona’s beaches, 8 minutes to the charming Old Town, and close to schools, supermarkets, and health centers makes this property ideal for both living and investment. Price includes one parking space and a 15 m² storage room, with an optional second parking spot available. Permitting tourist rentals, this Estepona property is highly sought after for holiday and long-term rentals, with estimated monthly income of approximately €4,200. Enjoy the vibrant lifestyle of Estepona, Spain, with this exceptional property offering unbeatable amenities and investment potential.
Location
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Nightly rates in the area
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