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Apartment in Torrevieja, 3 bedrooms, 100 m² €279.000

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3
Bedrooms
3
Bathrooms
100 m²
Surface area
€
€2790
Price per m²
Apartment
Property type
Apartment in Torrevieja, 3 bedrooms, 100 m² - Hoofdafbeelding
Apartment in Torrevieja, 3 bedrooms, 100 m² - Afbeelding 1
Apartment in Torrevieja, 3 bedrooms, 100 m² - Afbeelding 2
Apartment in Torrevieja, 3 bedrooms, 100 m² - Afbeelding 3
+2 photos

Analysis

Price
€279.000
Own investment (30%)
€83.700
Buyer costs
€27.900
Estimated nightly rate
€113,84
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€520,80
Maintenance costs
-€83,33
Cleaning costs
-€333,33
Platform fees
-€311,64
Municipal taxes
-€71,79
Tax (19%)
-€143,77
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€113,84
High season
€150
Mid season
€109,92
Low season
€89

Price determining factors

  • Proximity to the beach and natural pools: High desirability for holiday and investment buyers.
  • Modern amenities and smart home features: Attractive to tech-savvy buyers.
  • Location in Torrevieja: Popular tourist destination with a vibrant community.
  • Potential for rental income: High demand for holiday rentals can increase property value.

Comparable accommodations

Rate Hotel / apartment Distance
€80 Apartment 50 mtrs from the beach 0.7 km
€66 Cozy Bungalow with Private Garden near Salt Lake 2.8 km
€123,40 Modern Villa | Private Swimming Pool | 400 m Beach 2.9 km
€108,60 Lovely 3 bed Villa, private gardens and pool 4.7 km
€185,20 Villa Martin Golf House 7.4 km
€159,80 Beautiful villa with lovely private pool 7.7 km
€126,14 Sunny stay at Casa Corten with Private pool. 8.9 km
€335 PMT26 - Large Villa, with private garden and pool 10.2 km
€109,60 Very nice beachfront house. 11.6 km
€217,20 Fidalsa 5 Stars Sea Views 12.2 km

Return & Value appreciation

Annual return

8.79%

5 Year Return

43.95%

10 Year Return

87.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property appears modern and well-maintained, which supports value retention and growth.
  • Local market trends in 2027: The Costa Blanca region is expected to continue attracting both holidaymakers and investors, boosting property values.
  • Property type: Apartments in prime coastal locations tend to appreciate well due to high demand.
  • Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting real estate appreciation.
  • Demographic developments: Increasing foreign investment and tourism will likely sustain demand for properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will enhance property appeal.
  • Historical WOZ value trends: Past trends indicate steady growth, reflecting increasing property values.

Possible improvements

  • Adding a private jacuzzi or hot tub on the terrace.
  • Upgrading kitchen appliances and finishes for a more luxurious feel.
  • Enhancing outdoor spaces with landscaping or outdoor furniture.
  • Installing solar panels to reduce energy costs and appeal to eco-conscious buyers.

Risk level

Medium (75% certainty)

Description

Experience modern coastal living in Torrevieja, Spain, with brand-new homes just 100 meters from the stunning Cura Beach and natural swimming pools. Priced from €279,000 to €329,000, these contemporary 2- and 3-bedroom apartments offer spectacular lateral sea views, spacious terraces, and a luxurious rooftop communal pool, perfect for enjoying the Mediterranean sunshine. Each property features open-plan kitchens, built-in wardrobes, double glazing, and smart home comforts like pre-installed air conditioning and underfloor heating in bathrooms, ensuring year-round comfort. Designed with style and functionality in mind, these homes include lift access, secure intercom systems, and large glass and steel terraces ideal for relaxing or entertaining. Located in the vibrant coastal city of Torrevieja, renowned for its beautiful beaches, natural salt lakes, and lively atmosphere, these properties present an excellent opportunity for holiday buyers, investors, or those seeking a relaxed Mediterranean lifestyle. With easy access to Alicante and a wealth of local amenities, the Torrevieja real estate market continues to attract discerning buyers looking for high-quality homes in Spain’s sunny Costa Blanca region.

Location

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