Sunbound Spain

New build · Penthouse · Estepona

Penthouse with sea views in Estepona

€890,000

Bedrooms
3
Bathrooms
3
Built area
160 m²
Pool
Communal
Sea views
Yes
Beach
600 m
Airport
53 min (AGP)
Golf course
1.8 km
Orientation
S
Energy rating
A
Year built
2026
Community fees
€224 / month
IBI (property tax)
€1,068 / year

New build: penthouse with 3 bedrooms and 3 bathrooms, 160 m² built. Communal pool. The beach is 0.6 km away.

  • Rooftop plunge pool
  • Home automation

Cadastral reference

1166299YH5021S0022VE

Nota simple (land registry extract)

On request

Purchase costs for this home

€100,000€5,000,000
Property type
Tax status
Extras

Total purchase costs

€112,124

12.6% of the price

Total investment€1,002,124
Cost breakdown
ItemAmount
Taxes
VAT (IVA) 10%€89,000
Stamp duty (AJD)€10,680
Fees
Notaryestimateincl. VAT€1,084
Land registryestimateincl. VAT€441
Lawyerestimateincl. VAT€10,769
NIE and bank accountestimate€150

Rates effective from 4/27/2021 · Indicative calculation, not tax or legal advice. Rates are being verified by a Spanish gestor; reduced rates (e.g. for young buyers or main residences) are not applied.

Financing

Estimate your monthly payment with a Spanish mortgage. We introduce you to the right mortgage adviser.

Banks usually lend non-residents up to 60–70%: plan for at least 30% of your own money plus ±10–13% purchase costs.

Monthly payment

€3,385

per month, interest and repayment

Loan amount
€578,500
Loan-to-value
65%
Total interest
€233,869
Net income needed per month
€9,671

Indicative calculation, not an offer. Banks assess income, age and property individually; rates change.

Estimated rental yield

4.28%

net per year (indicative)

Average weekly rent
€2,364
Weeks let per year
26
Gross income
€61,464 · 6.91%
Net after costs
€38,098

Holiday letting needs a tourist licence; this home does not have one (yet).

Estimate based on area, type, location and pool, after management, cleaning, IBI, community fees and utilities. Not a guarantee.

Let us manage the rental

What could this home earn?

Many buyers let their home when they are not using it. Alongside is a cautious estimate of the yield from holiday letting. If you wish, we take care of the licence, the guests and the management.