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3
Bedrooms
2
Bathrooms
86 m²
Surface area
€
€7547
Price per m²
Apartment
Property type
+15 photos
Analysis
Price
€649.000
Own investment (30%)
€194.700
30% down payment of purchase price
Buyer costs
€64.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€149,70
Expected occupancy rate
70%
Gross rental p/m
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€0000
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Mortgage costs
-€1.211,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€71,67
{% 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
-€478,10
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€150,41
Municipal taxes for La Quinta
Tax
(19%)
-€179,05
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
€149,70
High season
€163
Mid season
€147,67
Low season
€113
Price determining factors
- Proximity to beaches and Puerto Banus: High demand area.
- Community amenities: Gardens, pool, and scenic views increase attractiveness.
- Location: La Quinta’s popularity and accessibility.
- Property features: Terrace with sea and mountain views, modern interiors.
- Market conditions: Overall real estate market stability and growth prospects.
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
3.53%
5 Year Return
17.65%
10 Year Return
35.30%
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 be positive due to increasing demand for Mediterranean properties.
- Property type: Apartments in desirable locations tend to appreciate steadily.
- Economic outlook in 2027: Likely to be stable or improving, supporting real estate growth.
- Demographic developments: Growing interest from expatriates and retirees enhances demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities could boost property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding modern smart home features.
- Upgrading kitchen and bathrooms for contemporary appeal.
- Enhancing outdoor space with landscaping or additional amenities.
- Installing energy-efficient systems to reduce utility costs.
- Renovating to increase interior space or storage options.
Description
Discover this beautifully renovated middle-floor apartment in El Mirador 2, located in the sought-after area of La Quinta, Spain. Nestled within a serene and well-maintained community, this property offers a perfect blend of tranquility and convenience. The lush gardens and communal swimming pool provide a relaxing environment, ideal for enjoying the Mediterranean lifestyle. La Quinta’s prime location offers quick access to the stunning beaches and vibrant Puerto Banus, making it an excellent choice for both lifestyle and investment. Additionally, nearby Monte Halcones features a variety of bars, restaurants, and supermarkets, ensuring all your daily needs are met.
This south-east facing La Quinta apartment boasts three spacious bedrooms and two modern bathrooms. The open-plan kitchen seamlessly connects to the bright living and dining area, creating an inviting space perfect for entertaining. Step out onto the generous terrace to enjoy breathtaking mountain and sea views, with the master bedroom and living room providing direct access to this private outdoor space. A carport parking space adds convenience for residents and visitors.
Ideal for those seeking a comfortable home or a lucrative investment in La Quinta, Spain, this property combines scenic beauty, excellent location, and modern amenities. Experience the best of Mediterranean living with this exceptional La Quinta apartment in Spain.
Location
Nightly rates in the area
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