Wyndham Grand La Cala Golf Residences, Costa del Sol: Full Month-by-Month Rental P&L, Not Just a Headline Yield

Most developer materials show a single headline yield percentage with no visibility into what's actually deducted to get there. Having the real monthly ADR, occupancy curve, and full itemized cost breakdown (OTA commission, management fee, utilities, taxes, community fees) means the 5.07–5.57% figures can be checked line by line rather than taken on faith.

58 branded residences, 2- and 3-bedroom homes on a first-line golf setting, full freehold ownership. Building permit already granted per the developer's project description.

Full rental forecast (developer's own 2026 monthly figures, highest-percentile scenario):

• T2 Panorama (€595,000): average ADR €215/night, average occupancy 71.08%, gross revenue €56,913/year, net operational profit €33,125/year → 5.57% return
• T3 Panorama (€985,000): average ADR €316/night, average occupancy 69.50%, gross revenue €83,160/year, net operational profit €49,975/year → 5.07% return

Costs deducted before net profit: OTA booking fees, management commission, electricity, water, IBI (Spanish property tax), basura (waste tax), repair & replacement reserve, and community fees — each itemized month by month in the source document.

Purchase taxes (per the broker's internal FAQ, worth confirming with your own tax advisor): 7% on completed/resale properties, 10% on off-plan properties, plus roughly 3% for notary, lawyer and related closing costs.

Ongoing ownership costs: property tax roughly €800–1,000/year (varies by unit size); maintenance roughly €160/month for a 2-bedroom unit, €240/month for a 3-bedroom unit; waste tax roughly €100/year.

Owner use: no restriction on personal use days — owners can live in the property continuously if they choose, unlike some other branded-residence deals in this catalog that cap free owner-stay nights.

Payment plan: €10,000 booking deposit (30-day hold) → 30% down payment (minus the booking deposit) → two installments of 10% each → 50% on completion.

Resale: the developer assists with resale, but there is no exclusivity requirement — owners are free to resell independently.

Is the 5.57% yield a marketing number or a real calculation?

It's a full calculation, not just a headline figure: the source document shows month-by-month average daily rate and occupancy for 2026, gross revenue, and every deduction (OTA fees, management commission, utilities, property tax, waste tax, repairs, community fees) before arriving at the €33,125/year net figure behind the 5.57% return.

What taxes should I budget for as a buyer?

Per the broker's own FAQ: 7% purchase tax on a completed/resale property, 10% on an off-plan property, plus roughly 3% for notary, legal and related closing costs. Ongoing property tax runs roughly €800–1,000/year depending on unit size. Confirm current rates with an independent tax advisor before buying.

Are there limits on how many days per year I can use my own property?

No — unlike some other branded-residence deals in this catalog that cap free owner-use nights (e.g. 14 nights/year), La Cala Golf residences can be used by the owner continuously, without restriction, per the developer's own FAQ.