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2
Bedrooms
2
Bathrooms
59 m²
Surface area
€
€3102
Price per m²
House
Property type
+8 photos
Analysis
Price
€183.000
Own investment (30%)
€54.900
30% down payment of purchase price
Buyer costs
€18.300
Buyer costs: 10% of purchase price
Estimated nightly rate
€75,38
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€341,60
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€49,17
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
-€223,55
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€51,39
Municipal taxes for Torrevieja
Tax
(19%)
-€101,26
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
€75,38
High season
€101
Mid season
€73,25
Low season
€58
Price determining factors
- Proximity to the sea and amenities: High desirability increases value.
- Property condition: Modern features and good maintenance support higher prices.
- Local market trends: Rising demand in Torrevieja and Costa Blanca.
- Economic factors: Stable economy and tourism growth.
- Local developments: New infrastructure projects and tourism initiatives.
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
7.08%
5 Year Return
35.40%
10 Year Return
70.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Spain.
- Property type: Apartments in a desirable location attract higher appreciation.
- Economic outlook in 2027: Positive, with tourism and real estate growth.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Improved transport and amenities boost property appeal.
- Historical WOZ value trends: Steady increase indicating rising property values.
Possible improvements
- Adding a modern kitchen or bathroom upgrade.
- Enhancing outdoor spaces with landscaping or additional terraces.
- Installing smart home technology for added convenience.
- Improving energy efficiency with solar panels or insulation.
Description
Experience coastal living in this modern residential complex in Torrevieja, Spain. Located just 400 metres from the Mediterranean Sea and only 45 km from Alicante airport, these stylish apartments and penthouses offer stunning sea views and easy access to the vibrant beaches of Torrevieja. Designed for comfort and convenience, the property features a lift, video intercom security, private pools, and spacious terraces perfect for enjoying the sunny Spanish climate. Interiors boast elegant porcelain stoneware flooring, pre-installed air conditioning, and built-in wardrobes, with layouts ranging from 1 to 3 bedrooms and 1 to 2 bathrooms. Exclusive penthouses include private solariums with panoramic sea views, ideal for relaxation. Situated in the lively coastal town of Torrevieja, Spain, this property offers excellent amenities, vibrant dining options, and a renowned beach scene, making it an ideal choice for second homes, investment, or year-round living. The proximity to Costa Blanca’s thriving real estate market and Alicante airport further enhances its appeal for international buyers seeking a slice of the Spanish Mediterranean lifestyle.
Location
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Nightly rates in the area
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