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Apartment in La Quinta, 3 bedrooms, 123 m² €590.000

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3
Bedrooms
3
Bathrooms
123 m²
Surface area
€4797
Price per m²
Apartment
Property type
Apartment in La Quinta, 3 bedrooms, 123 m² - Hoofdafbeelding
Apartment in La Quinta, 3 bedrooms, 123 m² - Afbeelding 1
Apartment in La Quinta, 3 bedrooms, 123 m² - Afbeelding 2
Apartment in La Quinta, 3 bedrooms, 123 m² - Afbeelding 3
+37 photos

Analysis

Price
€590.000
Own investment (30%)
€177.000
Buyer costs
€59.000
Estimated nightly rate
€181,74
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€1.101,33
Maintenance costs
-€102,50
Cleaning costs
-€333,33
Platform fees
-€563,85
Municipal taxes
-€137,88
Tax (19%)
-€288,82
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€181,74
High season
€220
Mid season
€179,67
Low season
€137

Price determining factors

  • Proximity to golf courses, beaches, and luxury amenities increases desirability.
  • High-quality renovations and furnishings add value.
  • Touristic license boosts rental income potential.
  • Secure gated community enhances appeal for investors and residents.

Comparable accommodations

Rate Hotel / apartment Distance
€123,80 Amazing, Sea Views & Terrace 1.4 km
€335,60 White House • Relax, views and infinity pool • 2.5 km
€233,40 Zen Ocean View House Tenerife 8.8 km
€217 La Jara Rural House 9.0 km
€331 Nature Super Comfortable Villa in front of the Sea 10.8 km
€128 The Seashore House 11.5 km
€304,80 Finca la Mandarina with independent spaces 12.6 km
€230,60 heated pool 14.4 km
€150 Casa Las Afortunadas (House of the Lucky Ones) 14.6 km
€122,80 Great Duplex for Families Radazul 16.8 km

Return & Value appreciation

Annual return

6.26%

5 Year Return

31.30%

10 Year Return

62.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and recently renovated, which supports value retention and growth.
  • Local market trends in 2027: Expected to remain strong due to high demand for luxury properties in Costa del Sol.
  • Property type: Apartments in gated communities tend to appreciate steadily, especially with amenities and tourist licenses.
  • Economic outlook in 2027: Likely positive with continued growth in tourism and real estate sectors in Spain.
  • Demographic developments: Increasing influx of international buyers and retirees seeking luxury living and rental income.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, roads, and local amenities will enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Adding a private outdoor terrace or balcony.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor landscaping and garden features.
  • Installing smart home technology for modern convenience.

Description

Discover this beautifully renovated ground floor apartment in La Quinta, Spain, offering the perfect blend of luxury, comfort, and investment potential. Located in the prestigious La Quinta Hills gated community, this spacious 3-bedroom, 3-bathroom property spans 123 m² and boasts a private garden with elevated panoramic mountain views, ideal for outdoor living and entertaining. The west-facing orientation ensures abundant natural sunlight, enhancing the modern interior featuring a new kitchen, stylish decor, and updated bathrooms. An optional high-quality furniture package for €15,000 provides a turnkey solution for buyers or rental investors. Situated just minutes from La Quinta's renowned golf courses, the Westin La Quinta Hotel, and scenic walking trails, this property offers a serene yet conveniently accessible location near Puerto Banús, San Pedro de Alcántara, and the AP-7 motorway. The La Quinta apartment benefits from a registered touristic license, making it an exceptional opportunity for short-term rental investment on the Costa del Sol. Residents enjoy access to three communal pools, lush green spaces, and ample parking in a secure environment. Experience the best of La Quinta, Spain, with this prime property that combines luxury living with excellent rental prospects.

Location

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