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3
Bedrooms
4
Bathrooms
181 m²
Surface area
€
€5111
Price per m²
Apartment
Property type
+23 photos
Analysis
Price
€925.000
Own investment (30%)
€277.500
30% down
payment of purchase price
Buyer costs (10%)
€92.500
10% of purchase price
Estimated nightly rate
€210,75
Expected occupancy rate
64%
Gross rental p/m
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€0000
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Mortgage interest rate (%)
Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs
-€1.726,67
Maintenance costs
-€150,83
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
-€615,39
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€176,30
Municipal taxes for Calanova Golf
Tax
(19%)
-€209,02
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€210,75
High season
€288
Mid season
€203,75
Low season
€150
Price determining factors
- High-quality finishes and furnishings.
- Exclusive amenities and private pool.
- Scenic views and outdoor living spaces.
- Proximity to golf courses and leisure facilities.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €260,80 | Andalusian Villa with views, Pool, Garden & BBQ | 8.0 km |
| €185 | Villa La Guirnalda private pool/wifi/barbecue | 16.8 km |
| €164,40 | 3 Bed Accommodation with Pool | 5.8 km |
| €314 | Livita, Space, Above the beach, Cala de mijas | 3.9 km |
| €195,20 | Hacienda el Alamo | 11.5 km |
| €166,20 | Seaview house: Rooftop pool,gameroom, parking|REMS | 19.9 km |
| €378,33 | Casa Calma ǀ Private Pool ǀ Close to Beach + Golf | 13.0 km |
| €217 | Fabulous Villa,private pool, stunning views,Malaga | 21.8 km |
| €210 | Beach House | 4.1 km |
| €84 | Paradise, sun and beach. Charming terrace. | 3.8 km |
Return & Value appreciation
Annual return
2.89%
5 Year Return
14.45%
10 Year Return
28.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with high-quality materials enhances value.
- Local market trends in 2027: Growing demand for luxury properties in Calanova Golf.
- Property type: Luxury apartment in a sought-after golf community attracts premium buyers.
- Economic outlook in 2027: Stable economic growth in Spain supports property appreciation.
- Demographic developments: Increasing affluent expatriates and retirees in the area.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities boost property appeal.
- Historical WOZ value trends: Consistent increase indicates rising property values.
Possible improvements
- Adding smart home technology for modern convenience.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor landscaping and terrace furniture.
- Implementing energy-efficient systems to reduce costs.
Risk assessment
Overall risk: Low| Criterion | Level | Score | Explanation |
|---|---|---|---|
| Location quality | Very low | 10 | Prime location within a prestigious golf community with scenic views. |
| Tenant demand | Low | 20 | High demand for luxury properties in the area, especially among expatriates and retirees. |
| Cash flow stability | Low | 25 | Stable rental income expected due to high occupancy rates in luxury complexes. |
Description
Discover this luxurious 3-bedroom, 4-bathroom ground-floor apartment in Calanova Golf, Spain, offering exceptional comfort and breathtaking panoramic views from a spacious terrace. This elegant property features direct access to a private covered terrace with a personal pool, perfect for relaxing or entertaining guests. The interior boasts a beautifully furnished living room and bedrooms, a fully equipped modern kitchen, and electric security shutters for added safety. Underfloor heating throughout ensures cozy winters, while high-quality materials meet the highest standards of craftsmanship. The apartment includes two garage spaces and a large storage room, providing ample space for residents.
Located within a prestigious Calanova Golf complex, residents enjoy exclusive access to top-tier amenities such as two outdoor swimming pools, an indoor pool, a spa with sauna and hammam, a golf simulator, gym, and a 15-seat cinema. The community also features a meeting room with high-speed Wi-Fi, a fully equipped kitchen with a break room, and a convenient small grocery store. Perfectly situated in Calanova Golf, Spain, this property is ideal for those seeking a luxury lifestyle amidst scenic golf courses and vibrant amenities.
This Calanova Golf apartment in Spain is a prime investment opportunity in a sought-after location, combining elegance, comfort, and exceptional leisure facilities. Whether as a permanent residence or a vacation retreat, this property offers the ultimate living experience in Calanova Golf, Spain.
Location
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