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4
Bedrooms
3
Bathrooms
154 m²
Surface area
€
€5195
Price per m²
Apartment
Property type
+16 photos
Analysis
Price
€800.000
Own investment (30%)
€240.000
30% down payment of purchase price
Buyer costs
€80.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€277,08
Expected occupancy rate
62%
Gross rental p/m
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€0000
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Mortgage costs
-€1.493,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€128,33
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
-€783,79
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€154,17
Municipal taxes for La Quinta
Tax
(19%)
-€435,22
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
€277,08
High season
€350
Mid season
€275
Low season
€196
Price determining factors
- Strong local market trends in Costa del Sol, especially in La Quinta, driven by tourism and expatriate demand.
- Property type: Luxury penthouse in a desirable location attracts premium prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €285 | Top Luxury Villa to the Ocean | 15.5 km |
| €145 | A house with a private pool | 13.4 km |
| €107 | Suerteluna Cottage with Pool | 6.0 km |
| €251,20 | Casa Canaria with pool, for couples or families | 14.0 km |
| €324,20 | Villa San Cristobal de Acentejo | 5.4 km |
| €90,83 | elOlivo: Fabulous house with enormous BBQ-terrace | 17.6 km |
| €207,80 | Villa Green House Bajamar: between sea and mountain | 20.0 km |
| €270 | Balcón del Teide: private pool and tennis court! | 3.5 km |
| €378,33 | Luxurious villa in Puerto de la Cruz with pool | 4.6 km |
| €356 | Áurea. Luxury with sea views. Heated pool. | 7.7 km |
Return & Value appreciation
Annual return
6.96%
5 Year Return
34.80%
10 Year Return
69.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is fully renovated, which enhances its value and appeal.
Possible improvements
- Adding a private pool or hot tub to the terrace.
- Upgrading smart home features for modern convenience.
- Enhancing outdoor living spaces with landscaping or outdoor kitchen.
Description
Discover this stunning, fully renovated penthouse in La Quinta, Spain, offering the perfect blend of luxury and comfort in a secure gated community. Situated near the renowned Westin Hotel, this spacious property features four bright bedrooms and three modern bathrooms, ideal for families or vacation homeowners. The open-plan living area seamlessly connects to a large terrace with panoramic views, perfect for entertaining or relaxing while enjoying the scenic surroundings. The high-end kitchen is outfitted with Neff appliances, natural wood finishes, and tasteful decor, showcasing quality craftsmanship throughout. Residents of this La Quinta, Spain, complex benefit from lush tropical gardens, a communal swimming pool, and dedicated parking, providing an exclusive and convenient lifestyle. Conveniently located just minutes from Puerto Banús and the beaches, this La Quinta property offers exceptional access to the vibrant Costa del Sol lifestyle. Whether you’re seeking a permanent residence or a lucrative investment in La Quinta, Spain, this penthouse combines elegance, prime location, and luxurious amenities. Don’t miss the opportunity to own a piece of paradise in one of Spain’s most desirable areas.
Location
Similar properties in La Quinta
Nightly rates in the area
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