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House in Torrevieja, 3 bedrooms, 99 m² €340.000

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3
Bedrooms
3
Bathrooms
99 m²
Surface area
€
€3434
Price per m²
House
Property type
House in Torrevieja, 3 bedrooms, 99 m² - Hoofdafbeelding
House in Torrevieja, 3 bedrooms, 99 m² - Afbeelding 1
House in Torrevieja, 3 bedrooms, 99 m² - Afbeelding 2
House in Torrevieja, 3 bedrooms, 99 m² - Afbeelding 3
+14 photos

Analysis

Price
€340.000
Own investment (30%)
€102.000
Buyer costs
€34.000
Estimated nightly rate
€114,30
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€634,67
Maintenance costs
-€82,50
Cleaning costs
-€333,33
Platform fees
-€312,90
Municipal taxes
-€84,75
Tax (19%)
-€121,19
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€114,30
High season
€150
Mid season
€110,08
Low season
€89

Price determining factors

  • Economic outlook in 2027: Positive economic growth in Spain and the EU supports property appreciation.
  • Demographic developments: Increasing foreign retirees and expatriates boost demand.
  • Infrastructure plans in 2027: Ongoing improvements in transport and amenities in Torrevieja and Costa Blanca.

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

6.08%

5 Year Return

30.40%

10 Year Return

60.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained new build with modern features enhances value growth.
  • Local market trends in 2027: Expected steady growth driven by tourism and expat demand.
  • Property type: Apartments in a desirable holiday and residential area tend to appreciate well.

Possible improvements

  • Adding a swimming pool or hot tub to the terrace.
  • Upgrading interior finishes and appliances.
  • Enhancing outdoor living spaces with landscaping or outdoor furniture.

Description

Discover modern apartments for sale in Torrevieja, Spain, offering the perfect blend of comfort and convenience just 4 km from the stunning beaches of Costa Blanca. These new build apartments in Torrevieja feature spacious 3-bedroom layouts with 94 m² of living space, complemented by large 27 m² terraces ideal for outdoor living. Each property includes private parking, a basement storage room, and pre-installed air conditioning, ensuring year-round comfort. The gated community boasts lush communal gardens, a sparkling swimming pool with a children's splash area, and energy-efficient double-glazed windows. Located close to top golf resorts, schools, and commercial centers, these Torrevieja apartments provide an excellent opportunity for both holidaymakers and those seeking a permanent residence in Spain. Torrevieja, renowned for its lively marina, beautiful beaches, and vibrant local culture, is an attractive destination for property investment on the Costa Blanca. With excellent transport links, including Alicante Airport just 42 km away, investing in these apartments offers a secure and rewarding opportunity to enjoy the Mediterranean lifestyle or generate rental income in Spain.

Location

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