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3
Bedrooms
3
Bathrooms
70 m²
Surface area
€
€4643
Price per m²
House
Property type
+34 photos
Analysis
Price
€325.000
Own investment (30%)
€97.500
30% down payment of purchase price
Buyer costs
€32.500
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
-€606,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€58,33
{% 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
-€81,56
Municipal taxes for Torrevieja
Tax
(19%)
-€130,35
{% trans 'This is the VAT percentage you pay in the country of the
property.' %}
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, salt lakes, and amenities.
- High-quality finishes and modern design.
- Community facilities like pools and secure grounds.
- Potential for rental income from holidaymakers.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €134,80 | Casa Olivia with pool heating | 2.0 km |
| €113 | Villa by the sea with jacuzzi, garden & park view | 4.0 km |
| €94,80 | Royal Park | 6.9 km |
| €159,80 | Beautiful villa with lovely private pool | 7.7 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 |
| €241,29 | Stylish villa with private pool | 9.5 km |
| €164,33 | Villa Lindal - upper part of Ciudad Quesada. | 10.3 km |
| €75,40 | House with terrace and garden in Dehesa de Campoamor | 10.6 km |
| €254,60 | Luxe villa met privézwembad | 11.6 km |
Return & Value appreciation
Annual return
6.84%
5 Year Return
34.20%
10 Year Return
68.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern finishes, which supports steady appreciation.
- Local market trends in 2027: Expected growth due to tourism and expatriate demand in Torrevieja.
- Property type: Bungalows are popular for holiday rentals and resale.
- Economic outlook in 2027: Positive, with Spain's economy recovering and tourism rebounding.
- Demographic developments: Increasing expatriate population and retirees seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Ongoing improvements in transport, healthcare, and amenities.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Upgrade kitchen and bathroom fixtures.
- Add smart home features for modern appeal.
- Improve outdoor spaces or terraces.
- Install energy-efficient appliances and solar panels.
Risk level
Medium
(75% certainty)
Description
Discover the exceptional Los Balcones Bungalow Apartments in Torrevieja, Spain, offering modern 2 and 3-bedroom homes with stunning panoramic views of the pink salt lakes. These new-build bungalows blend contemporary design with comfort, featuring spacious terraces, top-floor solariums, and high-quality finishes. Each apartment is approximately 60 square meters and includes pre-installed air conditioning, making them perfect for year-round living or investment. Residents enjoy access to two large communal swimming pools within secure gated grounds, with optional underground parking and storage units available. Just 3.5 kilometers from the beautiful beaches of Torrevieja, these properties are ideally located near golf courses, shopping centers, and schools, with excellent bus connections for effortless mobility. Situated in the vibrant coastal town of Torrevieja on Spain’s Costa Blanca, these apartments provide a fantastic opportunity to embrace a relaxed Mediterranean lifestyle. Known for its salt lakes, sunny climate, and lively cultural scene, Torrevieja is a sought-after destination for property buyers seeking affordability, quality amenities, and proximity to Alicante and Murcia airports. Experience the best of Spain’s coastal living with these premium bungalow apartments, offering unbeatable views, modern comforts, and excellent investment potential in Torrevieja, Spain.
Location
Nightly rates in the area
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