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House in Torrevieja, 3 bedrooms, 112 m² €440.000

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3
Bedrooms
3
Bathrooms
112 m²
Surface area
€
€3929
Price per m²
House
Property type
House in Torrevieja, 3 bedrooms, 112 m² - Hoofdafbeelding
House in Torrevieja, 3 bedrooms, 112 m² - Afbeelding 1
House in Torrevieja, 3 bedrooms, 112 m² - Afbeelding 2
House in Torrevieja, 3 bedrooms, 112 m² - Afbeelding 3
+8 photos

Analysis

Price
€440.000
Own investment (30%)
€132.000
Buyer costs
€44.000
Estimated nightly rate
€113,84
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€821,33
Maintenance costs
-€93,33
Cleaning costs
-€333,33
Platform fees
-€311,64
Municipal taxes
-€106
Tax (19%)
-€78,27
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€113,84
High season
€150
Mid season
€109,92
Low season
€89

Price determining factors

  • Location near beaches and amenities: Prime location increases desirability.
  • Development features: Resort-style amenities add value.
  • Property condition: Modern, move-in ready condition supports higher prices.
  • Economic factors: Stable economy and tourism growth.
  • Local developments: New infrastructure and urban projects.
  • Amenities: Private terraces, solariums, rooftop facilities, and communal pools.

Comparable accommodations

Rate Hotel / apartment Distance
€80 Apartment 50 mtrs from the beach 0.7 km
€66 Cozy Bungalow with Private Garden near Salt Lake 2.8 km
€123,40 Modern Villa | Private Swimming Pool | 400 m Beach 2.9 km
€129 Cozy townhouse with pool area in Playa Flamenca! 5.3 km
€136,20 Villa Perla Rosa 8.6 km
€126,14 Sunny stay at Casa Corten with Private pool. 8.9 km
€126,17 Villa_Oasis Hill. 3 bedrooms with 2 bathrooms 9.0 km
€164,33 Villa Lindal - upper part of Ciudad Quesada. 10.3 km
€106,80 the sunny Mediterranean house 11.2 km
€254,60 Luxe villa met privézwembad 11.6 km

Return & Value appreciation

Annual return

3.03%

5 Year Return

15.15%

10 Year Return

30.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The modern and well-equipped apartments are likely to attract tenants and buyers, supporting appreciation.
  • Local market trends in 2027: The coastal location and ongoing demand for holiday and investment properties in Torrevieja suggest positive market trends.
  • Property type: Apartments in a resort-style development tend to appreciate well due to amenities and lifestyle appeal.
  • Economic outlook in 2027: Spain's stable economic growth and tourism sector support property value increases.
  • Demographic developments: A steady influx of residents and tourists boosts demand for properties.
  • Infrastructure plans in 2027: Improved connectivity and local development projects enhance property appeal.
  • Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.

Possible improvements

  • Adding smart home technology for increased convenience.
  • Upgrading interior finishes and fixtures.
  • Enhancing outdoor spaces with landscaping or additional features.
  • Installing solar panels for energy efficiency.
  • Improving soundproofing and insulation.

Risk level

Medium (85% certainty)

Description

Discover exceptional new apartments for sale in Torrevieja, Spain, offering modern living just 400 meters from the renowned Playa del Cura. These stylish 2- and 3-bedroom apartments are ideal for those seeking a coastal lifestyle in the vibrant city of Torrevieja, Spain. Located in a prime area, this development features resort-style amenities such as a communal swimming pool, gym, private solariums, and rooftop sunbathing areas with Finnish sauna and mini pool, perfect for relaxation and leisure. Each residence boasts spacious open-plan layouts, fully equipped kitchens, pre-installed air conditioning, and private terraces or solariums, making them perfect for both permanent living and investment. Set in the heart of Torrevieja, Spain, these apartments are surrounded by a lively array of shops, parks, and entertainment options. The location offers excellent connectivity to Alicante and Murcia airports, making travel convenient. Residents can enjoy the stunning Mediterranean climate, nearby natural parks like La Mata and Torrevieja Natural Park, and nearby beaches, golf courses, and leisure facilities. Whether you're looking for a holiday home, a rental investment, or a permanent residence, these new apartments in Torrevieja, Spain, combine comfort, style, and convenience in one exceptional package.

Location

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