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House in Torrevieja, 1 bedrooms, 60 m² €235.000

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1
Bedrooms
1
Bathrooms
60 m²
Surface area
€
€3917
Price per m²
House
Property type
House in Torrevieja, 1 bedrooms, 60 m² - Hoofdafbeelding
House in Torrevieja, 1 bedrooms, 60 m² - Afbeelding 1
House in Torrevieja, 1 bedrooms, 60 m² - Afbeelding 2
House in Torrevieja, 1 bedrooms, 60 m² - Afbeelding 3
+20 photos

Analysis

Price
€235.000
Own investment (30%)
€70.500
Buyer costs
€23.500
Estimated nightly rate
€50,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€438,67
Maintenance costs
-€50
Cleaning costs
-€291,67
Platform fees
-€149,88
Municipal taxes
-€62,44
Tax (19%)
-€1,25
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

  • Local market trends in 2027: Expected growth due to tourism and expatriate influx.
  • Property type: One-bedroom apartments in high-demand coastal area.
  • Economic outlook in 2027: Positive, driven by tourism, real estate investment, and regional development.
  • Demographic developments: Increasing expatriate and retiree populations.
  • Infrastructure plans in 2027: Improvements in transportation, amenities, and public services.
  • Historical WOZ value trends: Steady increase reflecting property appreciation.

Comparable accommodations

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

Return & Value appreciation

Annual return

0.09%

5 Year Return

0.45%

10 Year Return

0.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern design, pre-installed air conditioning, and communal amenities enhance value.

Possible improvements

  • Adding a modern kitchen or upgrading appliances.
  • Enhancing outdoor space with landscaping or additional features.
  • Installing smart home technology.
  • Improving energy efficiency with solar panels or better insulation.

Risk level

Medium (75% certainty)

Description

Discover modern apartments for sale in Torrevieja, Spain, just 150 meters from the stunning Mediterranean Sea. These contemporary Torrevieja apartments feature bright, open-plan layouts designed for comfortable coastal living. Each one-bedroom apartment offers a spacious 7 sqm terrace, perfect for enjoying the warm Spanish sun. Situated on the first line to the sea within a secure gated community, residents benefit from a refreshing communal pool, elevator access, and pre-installed air conditioning. With 51 sqm of functional space, these properties are surrounded by essential amenities, including schools, parks, shopping centers, and excellent public transport options. The prime location in Torrevieja makes it easy to access the beautiful beaches, vibrant local markets, and lively promenade, ideal for both holidaymakers and permanent residents. Located on Spain’s Costa Blanca, Torrevieja is renowned for its sunny climate, natural salt lakes, and relaxed coastal lifestyle. Its proximity to Alicante’s international airport and other charming towns enhances its appeal for investors and those seeking a Mediterranean dream home. Whether as a holiday retreat or a smart investment, these Torrevieja apartments offer an exceptional opportunity to enjoy the best of Spain’s southeastern coast. Experience the vibrant culture, stunning beaches, and excellent amenities that make Torrevieja a top destination for property buyers in Spain.

Location

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