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House in Torrevieja, 1 bedrooms, 52 m² €169.000

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1
Bedrooms
1
Bathrooms
52 m²
Surface area
€
€3250
Price per m²
House
Property type
House in Torrevieja, 1 bedrooms, 52 m² - Hoofdafbeelding
House in Torrevieja, 1 bedrooms, 52 m² - Afbeelding 1
House in Torrevieja, 1 bedrooms, 52 m² - Afbeelding 2
House in Torrevieja, 1 bedrooms, 52 m² - Afbeelding 3
+17 photos

Analysis

Price
€169.000
Own investment (30%)
€50.700
Buyer costs
€16.900
Estimated nightly rate
€50,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€315,47
Maintenance costs
-€43,33
Cleaning costs
-€291,67
Platform fees
-€149,88
Municipal taxes
-€48,41
Tax (19%)
-€28,59
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€50,54
High season
€67
Mid season
€49,25
Low season
€39

Price determining factors

  • Property condition: Modern design and high-end finishes increase value.
  • Local market trends in 2027: Rising property prices in coastal Spain.
  • Property type: Apartments with amenities appeal to a broad market.
  • Economic outlook in 2027: Economic stability supports property appreciation.
  • Demographic developments: Increased population and tourism drive demand.
  • Infrastructure plans in 2027: Better infrastructure enhances property value.
  • Historical WOZ value trends: Consistent increase in property-related taxes.

Comparable accommodations

Rate Hotel / apartment Distance
€68,60 Nice house with an indoor fireplace 16.8 km

Return & Value appreciation

Annual return

2.88%

5 Year Return

14.40%

10 Year Return

28.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is newly built with high-end finishes, which positively impacts appreciation.
  • Local market trends in 2027: The Costa Blanca region is expected to continue attracting both tourists and residents, supporting property value growth.
  • Property type: Modern apartments in a desirable coastal area tend to appreciate well due to high demand.
  • Economic outlook in 2027: Spain's economy is projected to recover steadily, boosting real estate investments.
  • Demographic developments: Growing population and tourism in Torrevieja will likely increase demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will enhance property appeal.
  • Historical WOZ value trends: Stable or increasing WOZ values indicate a healthy local property market.

Possible improvements

  • Adding a private pool or hot tub.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor space with landscaping or a garden.
  • Installing smart home technology.
  • Improving energy efficiency with solar panels or better insulation.

Risk level

Medium (75% certainty)

Description

Discover modern new build apartments in vibrant Torrevieja, Spain, perfect for those seeking a stylish coastal residence on the Costa Blanca. These newly constructed apartments and penthouses feature contemporary design, high-end finishes, and excellent amenities, all just 700 meters from the beautiful beaches of Torrevieja. Each 1-bedroom apartment boasts an open-plan kitchen and living area filled with natural light, a private terrace, and access to a communal solarium—ideal for enjoying sunny Mediterranean days. Modern comforts include underfloor heating in bathrooms, motorized aluminum blinds, an armored security door, and pre-installed air conditioning, ensuring year-round comfort. The building is equipped with an elevator for easy access, making it suitable for all lifestyles. Located close to schools, shopping centers, and public transport, these apartments offer the perfect balance of convenience and coastal living. Situated in the charming town of Torrevieja, renowned for its stunning beaches, salt lagoons, and vibrant cultural scene, these properties represent an excellent investment opportunity on Spain’s Costa Blanca. With Alicante airport just 40 minutes away and Murcia airport within an hour, Torrevieja’s prime location makes it an ideal destination for both holidaymakers and permanent residents.

Location

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