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House in Torrevieja, 3 bedrooms, 82 m² €299.900

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3
Bedrooms
3
Bathrooms
82 m²
Surface area
€
€3657
Price per m²
House
Property type
House in Torrevieja, 3 bedrooms, 82 m² - Hoofdafbeelding
House in Torrevieja, 3 bedrooms, 82 m² - Afbeelding 1
House in Torrevieja, 3 bedrooms, 82 m² - Afbeelding 2
House in Torrevieja, 3 bedrooms, 82 m² - Afbeelding 3
+46 photos

Analysis

Price
€299.900
Own investment (30%)
€89.970
Buyer costs
€29.990
Estimated nightly rate
€113,84
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€559,81
Maintenance costs
-€68,33
Cleaning costs
-€333,33
Platform fees
-€311,64
Municipal taxes
-€74,10
Tax (19%)
-€138,77
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

  • Proximity to beaches and amenities: High demand area.
  • Property condition: New and modern.
  • Local market trends: Growing tourism and investment.
  • Economic outlook: Stable and positive.
  • Demographic developments: Growing expat and tourist population.

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

7.89%

5 Year Return

39.45%

10 Year Return

78.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: New construction with modern amenities enhances value.
  • Local market trends in 2027: Expected growth due to tourism and infrastructure development.
  • Property type: Apartments in a desirable coastal area tend to appreciate.
  • Economic outlook in 2027: Positive with stable growth in Spain and the EU.
  • Demographic developments: Increasing population and tourism boost demand.
  • Infrastructure plans in 2027: Improved transport and amenities support appreciation.
  • Historical WOZ value trends: Steady increase indicating rising property values.

Possible improvements

  • Adding high-end appliances and finishes.
  • Enhancing outdoor spaces or terraces.
  • Upgrading smart home features.
  • Improving energy efficiency with solar panels or better insulation.

Description

Discover the modern Los Balcones new apartments in Torrevieja, Spain, offering an exceptional coastal living experience on the Costa Blanca. This exclusive residential complex features 30 contemporary apartments designed for comfort and style, nestled in the scenic surroundings of Los Balcones de Torrevieja. Each spacious 3-bedroom apartment spans approximately 75 sqm and includes a 22 sqm terrace, ideal for enjoying panoramic views of the Laguna Rosa and the natural beauty of the region. Residents benefit from private parking, pre-installed air conditioning, and access to large green communal areas and a sparkling swimming pool, perfect for relaxation or family gatherings. Located just 3,300 meters from the sandy beaches of Torrevieja and Orihuela Costa, these apartments are near schools, shopping centers, and efficient public transport, making daily life convenient. Torrevieja, renowned for its salt lakes, Mediterranean climate, and vibrant cultural scene, attracts both holidaymakers and investors seeking a Mediterranean retreat with excellent amenities. With its growing infrastructure and proximity to Alicante airport, these new apartments in Torrevieja provide a prime opportunity for those looking for a stylish, comfortable home or a lucrative investment on the Costa Blanca in Spain.

Location

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