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2
Bedrooms
2
Bathrooms
138 m²
Surface area
€
€4167
Price per m²
Apartment
Property type
+9 photos
Analysis
Price
€575.000
Own investment (30%)
€172.500
30% down payment of purchase price
Buyer costs
€57.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€96,39
Expected occupancy rate
70%
Gross rental p/m
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€0000
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Mortgage costs
-€1.073,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€115
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€307,84
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€134,69
Municipal taxes for La Quinta
Tax
(19%)
-€24,66
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
€96,39
High season
€109
Mid season
€96
Low season
€85
Price determining factors
- Property condition: Modern amenities and good condition support higher pricing.
- Local market trends in 2027: Rising property values in La Quinta and surrounding areas.
- Property type: Apartments in gated communities tend to retain value and appreciate.
- Economic outlook in 2027: Stable economic environment supports property appreciation.
- Demographic developments: Increased demand from international buyers and retirees.
- Infrastructure plans in 2027: Upgrades to local infrastructure boost property desirability.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €169 | Villa with a fantastic view of the sea | 2.4 km |
| €105,60 | Bollullo Sunset - Apamate | 3.0 km |
| €136,40 | La Casita in Finca Los Peralitos (The Little House in Los Peralitos Farm) | 4.8 km |
| €223,80 | Villa with Private pool & sunny terrace | 5.3 km |
| €205,43 | Casa Helen | 6.8 km |
| €226,33 | 10.000 m2 Tropical peaceful Garden near the Sea | 11.2 km |
| €122 | Casa La Corredera, on the waterfront | 13.6 km |
| €178,20 | Casa Ale, endless sea view ! | 14.7 km |
| €196,40 | Casa Malena, Between the Sea and the Private Pool. | 14.8 km |
| €246,80 | Casa Riva, Villa with Pool overlooking the Sea. | 14.9 km |
Return & Value appreciation
Annual return
0.55%
5 Year Return
2.75%
10 Year Return
5.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with potential for renovation to increase value.
- Local market trends in 2027: Expected growth due to increasing demand for holiday and investment properties in La Quinta.
- Property type: Apartment in a desirable community, appealing to both residents and investors.
- Economic outlook in 2027: Positive, with steady economic growth in Spain and increased foreign investment.
- Demographic developments: Growing expatriate and retiree populations seeking properties in scenic areas.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities enhancing accessibility and attractiveness.
Possible improvements
- Renovate the interior to modern standards.
- Open up the enclosed terrace to enhance outdoor living space.
- Upgrade kitchen and bathroom fixtures.
- Improve energy efficiency with new windows and insulation.
- Landscaping and outdoor amenities enhancement.
Description
Discover this stunning 2-bedroom apartment for sale in the highly desirable community of Balcones de La Quinta, located in the picturesque area of La Quinta, Spain. Perfect for investors or those seeking a spacious, adaptable home, this property offers generous living space that can be easily converted into a 3-bedroom layout with minimal renovations. The apartment features a versatile enclosed terrace, which can be opened up to enjoy the beautiful Spanish climate, making it an ideal reformation project for personalized customization. Situated within a secure, gated community, residents enjoy lush gardens, two large swimming pools, and ample communal parking, including covered and uncovered options. This La Quinta apartment is perfectly positioned in the heart of Nueva Andalucía, renowned for its golf courses, scenic landscapes, and vibrant local amenities. Whether you're looking for a permanent residence or a lucrative investment in La Quinta, Spain, this property combines comfort, flexibility, and prime location. Don’t miss the opportunity to acquire a spacious, adaptable home in one of the most sought-after areas of La Quinta, Spain, offering excellent potential for renovation and future appreciation.
Location
Nightly rates in the area
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