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3
Bedrooms
3
Bathrooms
102 m²
Surface area
€
€4206
Price per m²
House
Property type
+19 photos
Analysis
Price
€429.000
Own investment (30%)
€128.700
30% down payment of purchase price
Buyer costs
€42.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€113,84
Expected occupancy rate
60%
Gross rental p/m
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€0000
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Mortgage costs
-€800,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€85
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€311,64
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€105,79
Municipal taxes for Torrevieja
Tax
(19%)
-€83,79
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
€113,84
High season
€150
Mid season
€109,92
Low season
€89
Price determining factors
- Proximity to beaches and amenities: High desirability increases property value.
- Tourism growth: Rising tourist numbers can boost rental income and property appreciation.
- Development quality: Modern, high-quality construction attracts premium prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185,60 | Villa El Loto Blanco | 18.9 km |
| €150,33 | Villa Lindal - upper part of Ciudad Quesada. | 10.3 km |
| €231,40 | Fidalsa 5 Stars Sea Views | 12.2 km |
| €222,67 | Villa "Alma" with pool heating | 16.9 km |
| €196,40 | La Manzana - Villa with Private Pool | 13.7 km |
| €246,60 | Exclusive New build Villa with jacuzzi and pool | 7.8 km |
| €116,43 | Sunny stay at Casa Corten with Private pool. | 8.9 km |
| €121 | Very nice beachfront house. | 11.6 km |
| €119,20 | Villa-Capricho Playa - ParqueMar. VT-480073-A | 4.7 km |
| €98,40 | Nature Views Luxury Villa - 3BR en Pool | 5.3 km |
Return & Value appreciation
Annual return
3.33%
5 Year Return
16.65%
10 Year Return
33.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: New build apartments typically appreciate well due to modern features and low maintenance costs.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular tourist destinations like Torrevieja.
- Property type: Apartments and penthouses in a desirable location with sea views tend to appreciate steadily.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, boosting real estate investment.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living, supporting property demand.
- Infrastructure plans in 2027: Improved transportation links and local amenities will enhance property value.
Possible improvements
- Adding smart home features for modern appeal.
- Upgrading interior finishes to premium materials.
- Enhancing outdoor spaces with landscaping or additional amenities.
- Installing solar panels or energy-efficient systems to reduce costs.
Description
Discover modern new build apartments in Torrevieja, Spain, offering contemporary design, spacious interiors, and breathtaking sea views. These stylish three-bedroom apartments provide the perfect coastal lifestyle, just steps from the beach and vibrant city amenities. Each apartment features generous 67 sqm living spaces, 10 sqm terraces with panoramic sea vistas, pre-installed air conditioning, and secure parking, making them ideal for comfortable living or investment in Torrevieja’s thriving real estate market. The five-storey development comprises 34 exclusive apartments and penthouses, with elevator access, a communal swimming pool, and proximity to schools, shopping centers, and bus routes. Located just 100 meters from the stunning beaches of Torrevieja, these properties allow residents to enjoy seaside walks and outdoor leisure. Torrevieja, a lively coastal town on Spain’s Costa Blanca, is renowned for its sunny Mediterranean climate, sandy beaches, and cultural attractions like the Sea and Salt Maritime Museum and nearby Natural Park lagoons. With Alicante airport only 40 minutes away and Murcia around an hour’s drive, these apartments are perfect for buyers seeking a second home or investment opportunity in Spain. Experience the best of coastal living with these new build apartments in Torrevieja, the ideal destination for beach lovers and investors alike.
Location
Nightly rates in the area
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