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4
Bedrooms
3
Bathrooms
183 m²
Surface area
€
€3388
Price per m²
House
Property type
+28 photos
Analysis
Price
€620.000
Own investment (30%)
€186.000
30% down payment of purchase price
Buyer costs
€62.000
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
-€1.157,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€152,50
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
-€144,25
Municipal taxes for La Quinta
Tax
(19%)
-€496,36
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.
Nightly Rates
Estimated nightly rate
€277,08
High season
€350
Mid season
€275
Low season
€196
Price determining factors
- Location in La Quinta, a sought-after area.
- Proximity to amenities, beaches, and golf courses.
- Potential for customization and expansion.
- Current market demand for holiday and investment properties.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| 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
10.24%
5 Year Return
51.20%
10 Year Return
102.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent updates, but potential for modernization can increase ROI.
- Local market trends in 2027: Expected growth in Spanish coastal areas due to tourism and expatriate influx.
- Property type: Residential family home, which tends to appreciate steadily in desirable locations.
- Economic outlook in 2027: Positive, with stable growth in Spain and Europe, supporting property value increases.
- Demographic developments: Growing expatriate and retiree populations seeking properties in Spain.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities in La Quinta, enhancing property appeal.
- Historical WOZ value trends: Consistent increase over recent years, indicating a stable appreciation trend.
Possible improvements
- Renovate and modernize the kitchen and bathrooms.
- Finish the unfinished space to add additional living or rental capacity.
- Upgrade windows and add natural light features.
- Improve outdoor landscaping and terrace areas.
- Install energy-efficient systems to reduce utility costs.
Description
Discover this charming two-storey property in La Quinta, Spain, offering a perfect blend of comfort and versatility. Ideal for families or investors, this home features a spacious ground-floor flat with two inviting living areas, a bedroom, a fully equipped kitchen, and a modern bathroom. An unfinished space presents endless possibilities—transform it into a studio, garage, or large storage room to suit your needs. Upstairs, the bright and airy main living area boasts a generous living room with a dining space and access to a balcony, leading to a large outdoor terrace—perfect for entertaining or relaxing in the Spanish sun. The independent kitchen, connected to the living room by a breakfast bar, fosters a sociable atmosphere. The upper floor also includes two bedrooms with fitted wardrobes, a stylish interior bathroom (with the option to add a window for additional light), and a luxurious en-suite bedroom with a private bathroom for added comfort. Outside, a spacious terrace surrounds the property, featuring a barbecue area ideal for gatherings, along with a practical laundry room. Located in La Quinta, Spain, this property provides an excellent investment opportunity in a sought-after area, with the potential to personalize and adapt the spaces to your lifestyle. Don’t miss the chance to own this versatile La Quinta property—schedule a viewing today and experience the best of Spanish living.
Location
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