Sale of a property after several years

off-plan purchase

CATALEYA APARTMENT

Purchase of a new-build apartment
Sale after 3 years
ROI 118,5%

About real estate

Two- and three-bedroom apartments located in the Atalaya area (situated on the border of Estepona, Benahavís, and San Pedro Alcántara) were launched for sale in 2018 at prices that typically started below €400,000–€500,000, depending on whether they were ground-floor units, middle-floor apartments, or penthouses. Clients from the Tricity area (Gdańsk, Gdynia, and Sopot) decided to purchase a penthouse off plan. After several years, in 2025, they chose to sell the apartment in order to buy a house for themselves in the same area. Due to strong demand and the attractive location, prices in the Cataleya development have increased significantly since its original launch. The penthouse was ultimately sold for €1,250,000. What indicated the investment potential and why did we recommend this development to our clients? • Location – in the prestigious and rapidly developing area known as Nueva Milla de Oro, combining the comfort of Marbella with the charm of Estepona. • Proximity to the renowned Atalaya school – perfect for families seeking top-quality education for their children. • Modern design and aesthetic appeal – attractive for buyers looking for a stylish and luxurious environment. • Hillside positioning with views – offers beautiful panoramas and a sense of privacy. • Access to sports and recreation – golf courses (Paraíso Golf Club, Atalaya Golf Club), tennis courts, and the Bel-Air padel club. • Unique community concept – a gated, intimate development designed to resemble a small Andalusian town. • Amenities – swimming pools, playground, gym, sauna and co-working space.

Location::

Estepona, Atalaya

Number of bedrooms::

3

Terrace::

1

Area::

139 m2

Residential complex::

gated community / residential complex of 15 buildings

Swimming pool::

yes

Monthly community fee::

280 €

Parking spaces::

2

Developer condition::

fully finished

Tourist license::

yes

PURCHASE PARAMETERS

PRICE AND BASIC COSTS

Price (net)::

520.000 €

10.2018

VAT 10%:

52.000 €

01.2022

PAYMENT SCHEDULE

Reservation fee::

10.000 €

11.2022

First payment: 30% of the net price + 30% of the VAT amount::

156.000 € + 15.600 € = 171.600 €

01.2019

Final payment upon signing the notarial deed: 70% of the net price + 70% of the VAT amount (minus the reservation fee)::

364.000 € + 36.400 € - 10.000 € = 390.400 €

01.2023

MORTGAGE

Financing: 70% of the net value::

364.000 €

01.2023

OTHER COSTS

Notary::

1.500 €

Lawyer::

5.200 €

AJD tax – Actos Jurídicos Documentados (stamp duty / tax on legal documents)::

3.600 €

HOW MUCH IS NEEDED TO COMPLETE THIS TRANSACTION

SUMMARY

Property price::

620.000 €

Down payment::

156.000 €

VAT (IVA)::

52.000 €

Transaction costs::

10.300 €

Total own funds required::

218.300 €

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A high investment potential project due to its location in the so-called Golden Triangle (Marbella–Estepona–Benahavís), where demand for modern properties continues to grow, driven by international buyers. The development offers resort-style standards and high-quality finishes, supporting both capital preservation and long-term price appreciation.

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Delivery Date::

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Cost:

from €250,000 down payment

Delivery Date:

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