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3
Bedrooms
3
Bathrooms
82 m²
Surface area
€
€3535
Price per m²
House
Property type
+46 photos
Analysis
Price
€289.900
Own investment (30%)
€86.970
30% down payment of purchase price
Buyer costs
€28.990
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
-€541,15
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%)
-€142,32
{% 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 and amenities: High demand area.
- Quality of construction: Modern, new apartments.
- Regional economic growth: Boosts property prices.
- Tourism trends: Increased visitors support rental income potential.
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 |
| €108,60 | Lovely 3 bed Villa, private gardens and pool | 4.7 km |
| €185,20 | Villa Martin Golf House | 7.4 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 |
| €335 | PMT26 - Large Villa, with private garden and pool | 10.2 km |
| €109,60 | Very nice beachfront house. | 11.6 km |
| €217,20 | Fidalsa 5 Stars Sea Views | 12.2 km |
Return & Value appreciation
Annual return
8.37%
5 Year Return
41.85%
10 Year Return
83.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The new construction and modern design suggest high appeal and potential for value retention and growth.
- Local market trends in 2027: Growing demand for coastal properties and tourism in Torrevieja indicate positive market momentum.
- Property type: Apartments in a desirable location with amenities attract both residents and investors.
- Economic outlook in 2027: Spain's stable economic growth and tourism sector support property appreciation.
- Demographic developments: Increasing expatriate and retiree populations in Costa Blanca boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property value.
- Historical WOZ value trends: Consistent increases reflect rising property values and local development.
Possible improvements
- Adding a modern kitchen upgrade or smart home features.
- Enhancing outdoor spaces with landscaping or additional amenities.
- Installing energy-efficient appliances and solar panels.
- Improving interior decor to appeal to luxury buyers.
Risk level
Medium
(75% certainty)
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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