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3
Bedrooms
2
Bathrooms
118 m²
Surface area
€
€3814
Price per m²
Apartment
Property type
+37 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down payment of purchase price
Buyer costs
€45.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€161,24
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage costs
-€840
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€98,33
{% trans '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
-€470,82
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€108,12
Municipal taxes for La Cala Hills
Tax
(19%)
-€244,76
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
€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
Nightly rates in the area
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