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3
Bedrooms
3
Bathrooms
82 m²
Surface area
€
€3657
Price per m²
House
Property type
+46 photos
Analysis
Price
€299.900
Own investment (30%)
€89.970
30% down payment of purchase price
Buyer costs
€29.990
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
-€559,81
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€68,33
{% 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
-€74,10
Municipal taxes for Torrevieja
Tax
(19%)
-€138,77
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 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
Nightly rates in the area
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