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Apartment in Torrevieja, 3 bedrooms, 110 m² €350.000

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3
Bedrooms
3
Bathrooms
110 m²
Surface area
€
€3182
Price per m²
Apartment
Property type
Apartment in Torrevieja, 3 bedrooms, 110 m² - Hoofdafbeelding
Apartment in Torrevieja, 3 bedrooms, 110 m² - Afbeelding 1
Apartment in Torrevieja, 3 bedrooms, 110 m² - Afbeelding 2
Apartment in Torrevieja, 3 bedrooms, 110 m² - Afbeelding 3
+34 photos

Analysis

Price
€350.000
Own investment (30%)
€105.000
Buyer costs
€35.000
Estimated nightly rate
€114,30
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€653,33
Maintenance costs
-€91,67
Cleaning costs
-€333,33
Platform fees
-€312,90
Municipal taxes
-€86,88
Tax (19%)
-€115,50
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€114,30
High season
€150
Mid season
€110,08
Low season
€89

Price determining factors

  • Proximity to beaches and amenities: Highly desirable location.
  • Property condition: Modern, move-in ready, appealing to buyers.
  • Local market trends: Rising property prices in Torrevieja.
  • Economic factors: Stable economy, tourism growth, and foreign investment.
  • Local developments: New infrastructure projects, commercial centers, and community amenities.

Comparable accommodations

Rate Hotel / apartment Distance
€185,60 Villa El Loto Blanco 18.9 km
€150,33 Villa Lindal - upper part of Ciudad Quesada. 10.3 km
€231,40 Fidalsa 5 Stars Sea Views 12.2 km
€222,67 Villa "Alma" with pool heating 16.9 km
€196,40 La Manzana - Villa with Private Pool 13.7 km
€246,60 Exclusive New build Villa with jacuzzi and pool 7.8 km
€116,43 Sunny stay at Casa Corten with Private pool. 8.9 km
€121 Very nice beachfront house. 11.6 km
€119,20 Villa-Capricho Playa - ParqueMar. VT-480073-A 4.7 km
€98,40 Nature Views Luxury Villa - 3BR en Pool 5.3 km

Return & Value appreciation

Annual return

5.63%

5 Year Return

28.15%

10 Year Return

56.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern, recently renovated, high-quality finishes.
  • Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular areas like Torrevieja.
  • Property type: Ground floor apartment with private terrace, attractive for both residents and tourists.
  • Economic outlook in 2027: Stable to positive, with tourism and real estate sectors supporting growth.
  • Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
  • Infrastructure plans in 2027: Improvements in transportation, amenities, and local services enhancing property appeal.
  • Historical WOZ value trends: Consistent increase reflecting rising property values and local development.

Possible improvements

  • Adding a modern kitchen or appliances.
  • Upgrading bathroom fixtures and fittings.
  • Enhancing outdoor space with landscaping or furniture.
  • Installing smart home technology for added convenience.
  • Improving energy efficiency with solar panels or insulation.

Description

Discover this stunning modern ground floor apartment in Torrevieja, Spain, offering the perfect blend of coastal comfort and urban convenience. This spacious 3-bedroom, 2-bathroom property is ideally located just 1 km from the beautiful Mediterranean beaches, making it an excellent choice for beach lovers and investors alike. With a generous living area ranging from 110m² to 117m², the apartment features built-in wardrobes in every bedroom, a fully equipped open-plan kitchen, and a private terrace—perfect for relaxing or entertaining guests. Enjoy year-round comfort with air conditioning, enhanced security with a security door and intercom, and breathtaking mountain views. The vibrant community includes amenities such as a swimming pool, green spaces, a restaurant, and a solarium, with accessible features like a lift and wheelchair access. Parking is convenient with street parking and a private garage. Located in Torrevieja, a lively coastal town on Spain’s Costa Blanca, this property offers proximity to shops, restaurants, golf courses, and excellent transport links, including Alicante airport just 33 km away. Whether seeking a holiday home, a permanent residence, or a lucrative rental investment, this Torrevieja apartment combines modern living with the charm of Spain’s sunny coast. Explore the vibrant lifestyle and scenic beauty of Torrevieja—your ideal Spanish coastal property awaits.

Location

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