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3
Bedrooms
3
Bathrooms
108 m²
Surface area
€
€4583
Price per m²
House
Property type
+16 photos
Analysis
Price
€495.000
Own investment (30%)
€148.500
30% down payment of purchase price
Buyer costs
€49.500
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
-€924
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€90
{% 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
-€117,69
Municipal taxes for Torrevieja
Tax
(19%)
-€57,17
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 the beach and amenities: Short walk to Los Locos beach and local services.
- Development quality: Modern, secure gated community with amenities like jacuzzi, sauna, and elevator.
- Market demand: High demand for holiday and second homes in Torrevieja.
- Economic factors: Stable local economy, tourism growth, and favorable exchange rates for foreign buyers.
- Local developments: Planned infrastructure upgrades and new commercial projects.
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
1.97%
5 Year Return
9.85%
10 Year Return
19.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern design, pre-installed air conditioning, and recent renovations enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Torrevieja due to tourism and expatriate influx.
- Property type: New build homes tend to appreciate faster due to modern features and lower initial maintenance costs.
- Economic outlook in 2027: Spain's stable economy and tourism sector support property appreciation.
- Demographic developments: Increasing retiree and expatriate populations seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities boost property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures for modern appeal.
- Add smart home features for increased convenience.
- Improve outdoor spaces with landscaping or a private terrace.
- Enhance energy efficiency with solar panels or better insulation.
- Renovate bathrooms for a more luxurious feel.
Description
Discover modern new build homes in Torrevieja, Spain, just a short 5-minute walk from the beautiful Los Locos beach. These contemporary residential properties offer spacious layouts with 1 to 3 bedrooms, 1 to 2 bathrooms, and expansive terraces up to 43 m², perfect for enjoying the Mediterranean sunshine. Located within a secure gated community, residents can indulge in amenities such as a communal jacuzzi, sauna, and a relaxing solarium chill-out area. The development features an elevator for easy access and optional underground parking, with pre-installed air conditioning to ensure comfort year-round. Situated only 350 meters from the coast, these Torrevieja homes are ideally positioned near schools, shops, and bus routes, making daily life convenient and enjoyable. With a generous 93 m² build size, they are perfect for families or second-home buyers seeking a high-quality lifestyle in Spain’s Costa Blanca. Torrevieja’s vibrant seaside atmosphere, natural parks, and cultural attractions like the Museum of the Sea and Salt make it an attractive location for investment and leisure. Just 40 minutes from Alicante Airport and approximately one hour from Murcia Airport, these new build homes in Torrevieja, Spain, combine coastal living with excellent infrastructure, making them an ideal choice for those seeking a property in Spain’s premier beach destination.
Location
Nightly rates in the area
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