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2
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€4586
Price per m²
House
Property type
+7 photos
Analysis
Price
€399.000
Own investment (30%)
€119.700
30% down payment of purchase price
Buyer costs
€39.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,92
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€744,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€109,17
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€222,18
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€87,07
Municipal taxes for Torrevieja
Tax
(19%)
-€5
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.
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Log inNightly Rates
Estimated nightly rate
€74,92
High season
€100
Mid season
€72,83
Low season
€57
Price determining factors
- Proximity to beaches and amenities: High desirability increases value.
- Property condition: Modern, updated interiors maintain high market value.
- Economic factors: Stable currency, low interest rates, and economic growth support property prices.
- Local developments: New infrastructure projects and tourism growth enhance property appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €146,20 | Villa with sea views | 8.6 km |
| €75,33 | with fantastic views of the orange orchard! | 4.5 km |
| €112 | Luxury and Modern Penthouse + Roof Terrace with Sea View | 4.7 km |
| €96,40 | Rooftop Sea Views · Quiet Gated Community · Pools | 9.0 km |
| €94,80 | Apartment with Roof Terrace and Heated Pool | 2.3 km |
| €86,80 | Mar & Relax | 7.8 km |
| €89 | Design Chalet mit grosser Terrasse nah Strand | 1.6 km |
| €91 | Sunlit Bungalow with Private Garden | 3.2 km |
| €83,60 | Apartment La Siesta in la Torre for 4Pax (HHH) | 14.3 km |
| €232,80 | Romantic villa in a quiet area | 17.2 km |
Return & Value appreciation
Annual return
0.21%
5 Year Return
1.05%
10 Year Return
2.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartments with high-quality finishes enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in Costa Blanca.
- Property type: Apartments in a desirable location with amenities attract higher appreciation.
- Economic outlook in 2027: Stable to positive economic growth in Spain and Europe supports real estate appreciation.
- Demographic developments: Increasing interest from expatriates and retirees boosts demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities increase property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding a modernized kitchen or bathroom upgrades.
- Installing smart home technology.
- Enhancing outdoor spaces with landscaping or additional terraces.
- Upgrading fixtures and appliances for energy efficiency.
Description
Discover luxurious living in Torrevieja, Spain, with these stunning new apartments nestled just minutes from the Mediterranean coast. These modern Torrevieja apartments offer the perfect blend of comfort, style, and convenience, making them an ideal choice for both holidaymakers and permanent residents. Each spacious apartment features approximately 87 square meters with two large bedrooms and two contemporary bathrooms, designed to maximize natural light and space. The open-plan living area seamlessly connects to a fully equipped kitchen, leading out to a private balcony or terrace—perfect for enjoying the Mediterranean climate. Top-floor units boast expansive solarium terraces with breathtaking sea views, ideal for sunbathing or entertaining guests. Practical amenities include fitted wardrobes, air conditioning, electric heating, and an included garage space, with an elevator providing easy access. Residents can relax in beautifully landscaped gardens or take a refreshing swim in the communal pool. Located in the vibrant coastal city of Torrevieja, these apartments offer proximity to pristine beaches, lively markets, and excellent amenities. The thriving real estate market in Torrevieja, Spain, attracts investors and homeowners seeking value and quality of life along the Costa Blanca. Enjoy effortless access to Alicante’s international airport and explore the rich natural beauty and lively culture of this highly desirable Spanish destination. This is your chance to own a stylish, well-appointed apartment in one of Spain’s most sought-after coastal locations.
Location
Nightly rates in the area
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