You can view 1 more properties. Log in for unlimited access.
3
Bedrooms
3
Bathrooms
111 m²
Surface area
€
€4459
Price per m²
Apartment
Property type
Analysis
Price
€495.000
Own investment (30%)
€148.500
30% down payment of purchase price
Buyer costs
€49.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€113,84
Expected occupancy rate
60%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€924
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€92,50
{% trans '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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€311,64
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€117,69
Municipal taxes for Torrevieja
Tax
(19%)
-€56,70
{% trans 'This is the VAT percentage you pay in the country of the
property.' %}
Earned back in
Time to earn back own investment + buyer costs.
Interested?
Log in now to contact the provider directly
Log inNightly Rates
Estimated nightly rate
€113,84
High season
€150
Mid season
€109,92
Low season
€89
Price determining factors
- Proximity to beaches and amenities: High desirability increases value.
- Property features: Modern safety, connectivity, and luxury features add value.
- Market demand: High demand for coastal properties in Spain.
- Economic factors: Stable economy and low interest rates support property appreciation.
- Local developments: New infrastructure projects and community facilities enhance value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €134,80 | Casa Olivia with pool heating | 2.0 km |
| €113 | Villa by the sea with jacuzzi, garden & park view | 4.0 km |
| €94,80 | Royal Park | 6.9 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 |
| €126,17 | Villa_Oasis Hill. 3 bedrooms with 2 bathrooms | 9.0 km |
| €241,29 | Stylish villa with private pool | 9.5 km |
| €164,33 | Villa Lindal - upper part of Ciudad Quesada. | 10.3 km |
| €75,40 | House with terrace and garden in Dehesa de Campoamor | 10.6 km |
| €254,60 | Luxe villa met privézwembad | 11.6 km |
Return & Value appreciation
Annual return
1.95%
5 Year Return
9.75%
10 Year Return
19.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors with high-quality materials suggest good potential for appreciation.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular areas like Torrevieja.
- Property type: Modern apartments near the sea tend to appreciate well due to high demand.
- Economic outlook in 2027: Positive economic growth in Spain and the EU, supporting real estate investment.
- Demographic developments: Increasing expat and retiree populations in coastal Spain, boosting demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding a private balcony or terrace to increase outdoor living space.
- Upgrading kitchen appliances or interior finishes for higher appeal.
- Implementing energy-efficient systems to reduce utility costs.
- Enhancing security features for added safety.
- Improving communal facilities or landscaping around the property.
Risk level
Medium
(85% certainty)
Description
Experience modern coastal living with these new 3-bedroom, 2-bathroom homes in Torrevieja, Spain, priced from €360,000 to €495,000. Offering between 111 and 119 square meters of contemporary space, these properties are built with top-quality materials, ensuring comfort and style just steps from the Mediterranean Sea. Located in the vibrant heart of Torrevieja, these new homes boast stunning sea views, proximity to sandy beaches, and easy access to local amenities, including shops, the marina, and excellent transport links. Inside, enjoy luxurious features such as underfloor heating, air conditioning, and advanced ventilation systems. The sleek interiors showcase porcelain floors, white lacquered carpentry, and fully equipped kitchens with Bosch and Beko appliances and Silestone countertops. Modern safety and connectivity are prioritized with armored doors, video intercoms, high-capacity electrical systems, and pre-installed internet and satellite connections. Built-in wardrobes, double-glazed PVC windows with mechanized blinds, and nearby community facilities make these homes perfect for comfortable, contemporary living. Located in Torrevieja, Spain, renowned for its beautiful beaches, lively marina, and vibrant expat community, these coastal properties offer excellent investment potential and a high-quality lifestyle on the Costa Blanca. Discover your dream home in this sought-after Spanish seaside town and enjoy the perfect blend of relaxation and modern convenience.
Location
Nightly rates in the area
Questions? Chat with us!