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2
Bedrooms
2
Bathrooms
63 m²
Surface area
€
€4524
Price per m²
House
Property type
+29 photos
Analysis
Price
€285.000
Own investment (30%)
€85.500
30% down payment of purchase price
Buyer costs
€28.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,16
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€532
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€52,50
{% 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
-€223,31
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€70,94
Municipal taxes for Torrevieja
Tax
(19%)
-€60,48
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
€74,16
High season
€100
Mid season
€72,17
Low season
€56
Price determining factors
- Proximity to beaches and golf courses: High demand for leisure properties.
- Community amenities: Large pools, green spaces, and security add value.
- Property condition: New construction with modern features.
- Location within Torrevieja: Popular area with good connectivity.
- Market demand: High demand for holiday homes and rentals.
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
3.62%
5 Year Return
18.10%
10 Year Return
36.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained new development enhances value.
- Local market trends in 2027: Growing tourism and expatriate interest in Costa Blanca support appreciation.
- Property type: Modern bungalows are desirable for holiday and retirement buyers.
- Economic outlook in 2027: Spain's stable economy and recovery post-pandemic boost real estate investments.
- Demographic developments: Increasing retiree and expat population in the region.
- Infrastructure plans in 2027: Continued improvements in transport and amenities increase attractiveness.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding a swimming pool or hot tub.
- Upgrading interior furnishings and appliances.
- Enhancing outdoor living spaces with landscaping or outdoor kitchens.
- Installing solar panels for energy efficiency.
- Improving smart home features for modern living.
Description
Discover the latest residential development in Torrevieja, Spain—stunning new bungalows in the Los Balcones area. These contemporary 2 and 3-bedroom bungalow apartments offer breathtaking views of the pink salt lakes, spacious terraces, and modern interiors. Situated within a secure gated community, residents enjoy access to large communal swimming pools, underground parking, and beautifully landscaped green spaces. Each bungalow features approximately 53 sqm of living area, a 33 sqm terrace ideal for outdoor relaxation, and pre-installed air conditioning for year-round comfort. Located just 3.5 km from Torrevieja’s pristine beaches, this property is perfect for beach lovers and golf enthusiasts alike, with top golf courses nearby. The community’s proximity to schools, shops, and transport links—including Alicante and Murcia airports—makes this an excellent investment opportunity or a perfect second home in Costa Blanca, Spain. Torrevieja is renowned for its vibrant coastal lifestyle, salt lakes, and lively atmosphere, offering a blend of urban conveniences and natural beauty. Whether you're seeking a permanent residence or a holiday retreat, these new bungalows in Torrevieja, Spain, combine modern living with exceptional location advantages.
Location
Nightly rates in the area
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