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House in Alfas del Pi, 3 bedrooms, 98 m² €399.000

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3
Bedrooms
3
Bathrooms
98 m²
Surface area
€
€4071
Price per m²
House
Property type
House in Alfas del Pi, 3 bedrooms, 98 m² - Hoofdafbeelding
House in Alfas del Pi, 3 bedrooms, 98 m² - Afbeelding 1
House in Alfas del Pi, 3 bedrooms, 98 m² - Afbeelding 2
House in Alfas del Pi, 3 bedrooms, 98 m² - Afbeelding 3
+8 photos

Analysis

Price
€399.000
Own investment (30%)
€119.700
Buyer costs
€39.900
Estimated nightly rate
€156,62
Expected occupancy rate
67%
Gross rental p/m
€0000
Mortgage costs
-€744,80
Maintenance costs
-€81,67
Cleaning costs
-€333,33
Platform fees
-€478,77
Municipal taxes
-€97,29
Tax (19%)
-€276,63
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€156,62
High season
€209
Mid season
€151,17
Low season
€112

Price determining factors

  • Proximity to beaches and natural scenery: Enhances desirability.
  • Community amenities: Pools, gardens, and security add value.
  • Location within Alfaz del Pi: Close to shops, schools, and transport.
  • Economic stability of Spain: Supports long-term property investment.

Comparable accommodations

Rate Hotel / apartment Distance
€244,40 Villa in Albir 2.2 km
€193 Charming Villa in Benidorm , very sunny! 2.9 km
€202,20 Restored 1930s home in Old Town. 4.9 km
€190,60 House with a view in Casco Antiguo 5.0 km
€160,80 Luxury villa with pool, sea and mountain views 7.5 km
€185 Villa Antonia with Spectacular all-round Sea View 7.5 km
€96,60 Altea Hills 3BR House with Private Garden 10.9 km
€82,20 House, 3 bds Seaviews/Pool, Wi-Fi, Calpe/Altea ES. 11.6 km
€52,60 Rural accommodation from €39 in the village of Sella. 16.2 km
€129,80 Finca Bienchen (w/Private Infinity Swimming Pool) 19.2 km

Return & Value appreciation

Annual return

11.82%

5 Year Return

59.10%

10 Year Return

118.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is new build with high-end finishes, which typically maintains or increases value.
  • Local market trends in 2027: The Costa Blanca region has shown consistent growth, driven by tourism and expatriate demand.
  • Property type: Apartments in a secure, modern community are attractive for both rentals and resale.
  • Economic outlook in 2027: Spain's economy is expected to continue recovering, supporting real estate appreciation.
  • Demographic developments: Growing expatriate and retiree populations increase demand for properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities support property values.
  • Historical WOZ value trends: Steady increase in property taxes indicates rising property values.

Possible improvements

  • Adding a private pool or hot tub.
  • Upgrading kitchen appliances or finishes.
  • Enhancing outdoor living spaces with additional landscaping.
  • Installing smart home technology for convenience and security.

Risk level

Medium (85% certainty)

Description

Discover stunning new build apartments in Alfaz del Pi, Spain, perfect for those seeking modern living in a picturesque Mediterranean setting. These 3-bedroom apartments in Alfaz del Pi offer approximately 82 square meters of contemporary interior space, complemented by spacious 33-square-meter terraces that provide serene views and outdoor relaxation. Located just 4 kilometers from pristine beaches, these properties in Alfaz del Pi combine coastal proximity with tranquil suburban charm. Set within a secure gated community, residents enjoy high-end finishes, including double-glazed windows, fully fitted kitchens, and electric shutters. The development features lush gardens, two communal pools with beach-style access, and an elevator for convenience, making it ideal for year-round living or investment in Spain’s thriving real estate market. Situated close to schools, shops, and public transportation, these apartments in Alfaz del Pi offer the perfect balance of comfort, accessibility, and natural beauty. Alfaz del Pi’s vibrant town atmosphere, outdoor recreational opportunities, and proximity to Alicante’s international airport (just 60 km away) make it a highly attractive location for buyers and investors seeking a property in Spain’s Costa Blanca region. Secure your place in this sought-after community and enjoy the Mediterranean lifestyle in Alfaz del Pi, Spain.

Location

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