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3
Bedrooms
3
Bathrooms
230 m²
Surface area
€
€3435
Price per m²
House
Property type
+11 photos
Analysis
Price
€790.000
Own investment (30%)
€237.000
30% down payment of purchase price
Buyer costs
€79.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€184,95
Expected occupancy rate
61%
Gross rental p/m
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€0000
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Mortgage costs
-€1.474,67
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€191,67
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
-€514,74
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€180,38
Municipal taxes for Finestrat
Tax
(19%)
-€139,99
This is the VAT percentage you pay in the country of the property.
If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
Nightly Rates
Estimated nightly rate
€184,95
High season
€251
Mid season
€177,25
Low season
€120
Price determining factors
- Location: Scenic Sierra Cortina with sea and mountain views.
- Property features: Modern design, private pools, spacious terraces.
- Proximity to beaches and amenities: Close to beaches, golf, shopping, and attractions.
- Economic factors: Regional economic stability, tourism growth, and foreign investment.
- Local developments: Planned infrastructure improvements and tourism development.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €162,20 | Charming house in a quiet area near the sea | 24.5 km |
| €260,20 | Villa Paz | 26.6 km |
| €175,60 | Renovated house 1st line to the sea, stunning views. | 25.2 km |
| €207,40 | Mediterranean tropical house | 26.6 km |
| €131,20 | Chalet with direct access to Muchavista beach | 25.9 km |
| €413,20 | Villa Poniente Montiboli by Buccara | 9.5 km |
| €267,20 | Villa near golf course & heated pool | 1.7 km |
| €185,80 | Lovely Oasis La Familia - Premium. With 10m pool | 2.3 km |
| €187,60 | Restored 1930s home in Old Town. | 7.9 km |
| €145 | Uniquely designed house for 4 people near the sea (Altea) | 9.5 km |
Return & Value appreciation
Annual return
2.27%
5 Year Return
11.35%
10 Year Return
22.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern, new construction with high-end finishes and amenities.
- Local market trends in 2027: Growing demand for luxury properties in Costa Blanca due to tourism and expatriate influx.
- Property type: High-end villa with private pool and scenic views, appealing to affluent buyers.
- Economic outlook in 2027: Stable to positive, with growth in tourism and real estate sectors.
- Demographic developments: Increasing number of retirees and expatriates seeking luxury homes.
- Infrastructure plans in 2027: Improved transportation, amenities, and connectivity in Finestrat and surrounding areas.
- Historical WOZ value trends: Consistent appreciation in property values in the region.
Possible improvements
- Adding a solar energy system to reduce energy costs.
- Upgrading interior finishes for a more luxurious feel.
- Expanding outdoor living spaces or adding a summer kitchen.
- Installing smart home automation systems.
- Enhancing landscaping and outdoor lighting.
Description
Discover exceptional new villas in Finestrat, Spain, nestled in the scenic Sierra Cortina on the Costa Blanca. These modern Finestrat properties offer spacious 3-bedroom homes with private pools, expansive terraces, and stunning sea and mountain views. Perfect for those seeking a luxury lifestyle, each villa features open-plan kitchens, built-in wardrobes, air conditioning with aerothermal systems, and private gardens. Located just 2.5 km from the Mediterranean beaches, these Finestrat villas provide easy access to golf courses, shopping centers, and family-friendly attractions. With 192 m² of built space, including an under-build basement, and secure gated parking, these properties combine comfort, style, and investment potential in Finestrat, Spain. The charming village of Finestrat offers a peaceful yet vibrant community, ideal for holiday homes or long-term living, with close proximity to Benidorm and Alicante Airport. Explore this unique opportunity to own a premium property in one of Spain’s most desirable destinations, blending mountain tranquility with stunning coastal scenery.
Location
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