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Apartment in La Cala Hills, 3 bedrooms, 118 m² €450.000

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3
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€3814
Price per m²
Apartment
Property type
Apartment in La Cala Hills, 3 bedrooms, 118 m² - Hoofdafbeelding
Apartment in La Cala Hills, 3 bedrooms, 118 m² - Afbeelding 1
Apartment in La Cala Hills, 3 bedrooms, 118 m² - Afbeelding 2
Apartment in La Cala Hills, 3 bedrooms, 118 m² - Afbeelding 3
+37 photos

Analysis

Price
€450.000
Own investment (30%)
€135.000
Buyer costs
€45.000
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
€0000
Mortgage costs
-€840
Maintenance costs
-€98,33
Cleaning costs
-€333,33
Platform fees
-€470,82
Municipal taxes
-€108,12
Tax (19%)
-€244,76
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€161,24
High season
€203
Mid season
€156,75
Low season
€124

Price determining factors

  • Proximity to amenities and scenic views.
  • High demand for holiday homes and rentals.
  • Limited supply of similar high-quality apartments in La Cala Hills.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

9.28%

5 Year Return

46.40%

10 Year Return

92.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent renovations, enhancing value.
  • Local market trends in 2027: Expected growth driven by tourism and expatriate demand.
  • Property type: Popular holiday and residential apartment, likely to appreciate.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy.
  • Demographic developments: Increasing expatriate and retiree populations boosting demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in La Cala Hills.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Renovate kitchen and bathrooms with modern fixtures.
  • Upgrade flooring and lighting for a more contemporary look.
  • Enhance outdoor space with landscaping or additional outdoor furniture.
  • Install smart home technology for added convenience.

Description

Discover this stunning corner apartment in La Cala Hills, Spain, offering a perfect blend of luxury, comfort, and breathtaking views. Priced at €450,000, this 3-bedroom, 2-bathroom property is an exceptional opportunity for those seeking a spacious home in a sought-after location. The elevated ground floor unit features abundant natural light, a modern fully renovated kitchen with high-end appliances, and an open-plan living and dining area ideal for entertaining. Step outside to a generous terrace accessible from the living room and master bedroom, providing panoramic views and a serene outdoor space for al fresco dining or relaxing in the Mediterranean breeze. The master suite includes a private en-suite bathroom, while the other bedrooms offer ample storage and large windows with picturesque vistas. Situated within La Cala Hills, renowned for its lush, mature gardens, this residence offers a peaceful retreat just minutes from local amenities such as shops, restaurants, a gym, paddle courts, and nearby schools. Conveniently walkable to essential services, this property combines tranquility with accessibility. Whether you are seeking a primary residence or a lucrative investment in La Cala Hills, Spain, this corner unit delivers unmatched lifestyle benefits. Don't miss the chance to own this exceptional home in one of Spain's most desirable communities. Contact us today to schedule a viewing and make La Cala Hills your new address.

Location

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