Sunbound Spain

Resale · Bungalow · Maspalomas

Bungalow in Maspalomas

€365,000

Bedrooms
2
Bathrooms
1
Built area
70 m²
Pool
Communal
Sea views
No
Beach
900 m
Airport
23 min (LPA)
Orientation
S
Energy rating
C
Year built
2012
Community fees
€98 / month
IBI (property tax)
€438 / year

Resale: bungalow with 2 bedrooms and 1 bathrooms, 70 m² built. Communal pool. The beach is 0.9 km away.

Cadastral reference

1411788YH5052S0053AZ

Nota simple (land registry extract)

Checked on 8/20/2026

Purchase costs for this home

€100,000€5,000,000
Property type
Tax status
Extras

Total purchase costs

€28,772

7.88% of the price

Total investment€393,772
Cost breakdown
ItemAmount
Taxes
Transfer tax (ITP)€23,725
Fees
Notaryestimateincl. VAT€739
Land registryestimateincl. VAT€252
Lawyerestimateincl. VAT€3,906
NIE and bank accountestimate€150

Rates effective from 1/1/2020 · Indicative calculation, not tax or legal advice. Rates are being verified by a Spanish gestor; reduced rates (e.g. for young buyers or main residences) are not applied.

Financing

Estimate your monthly payment with a Spanish mortgage. We introduce you to the right mortgage adviser.

Banks usually lend non-residents up to 60–70%: plan for at least 30% of your own money plus ±10–13% purchase costs.

Monthly payment

€1,388

per month, interest and repayment

Loan amount
€237,250
Loan-to-value
65%
Total interest
€95,913
Net income needed per month
€3,966

Indicative calculation, not an offer. Banks assess income, age and property individually; rates change.

Estimated rental yield

6.49%

net per year (indicative)

Average weekly rent
€1,202
Weeks let per year
32
Gross income
€38,464 · 10.54%
Net after costs
€23,680

Holiday letting needs a tourist licence; this home does not have one (yet).

Estimate based on area, type, location and pool, after management, cleaning, IBI, community fees and utilities. Not a guarantee.

Let us manage the rental

What could this home earn?

Many buyers let their home when they are not using it. Alongside is a cautious estimate of the yield from holiday letting. If you wish, we take care of the licence, the guests and the management.