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Apartment in Los Alcazares, 3 bedrooms, 105 m² €390.000

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3
Bedrooms
2
Bathrooms
105 m²
Surface area
€
€3714
Price per m²
Apartment
Property type
Apartment in Los Alcazares, 3 bedrooms, 105 m² - Hoofdafbeelding
Apartment in Los Alcazares, 3 bedrooms, 105 m² - Afbeelding 1
Apartment in Los Alcazares, 3 bedrooms, 105 m² - Afbeelding 2
Apartment in Los Alcazares, 3 bedrooms, 105 m² - Afbeelding 3
+19 photos

Analysis

Price
€390.000
Own investment (30%)
€117.000
Buyer costs
€39.000
Estimated nightly rate
€116,12
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€728
Maintenance costs
-€87,50
Cleaning costs
-€333,33
Platform fees
-€323,18
Municipal taxes
-€95,38
Tax (19%)
-€111,55
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€116,12
High season
€142
Mid season
€113,08
Low season
€88

Price determining factors

  • Proximity to golf course and scenic views: Premium location.
  • Development amenities: Pool, recreational spaces, private pools, and gardens add value.
  • Property features: 3 bedrooms, private parking, storage, terraces, and solarium.
  • Market demand for luxury apartments in Los Alcazares.
  • Economic stability and growth in the Costa Cálida region.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

4.88%

5 Year Return

24.40%

10 Year Return

48.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: New development with modern amenities enhances value.
  • Local market trends in 2027: Growing demand for holiday and retirement homes in Spain.
  • Property type: Apartments in a luxury complex attract higher appreciation.
  • Economic outlook in 2027: Stable with growth in tourism and real estate sectors.
  • Demographic developments: Increasing retirees and expatriates settling in Spain.
  • Infrastructure plans in 2027: Improved transportation and amenities boost property appeal.
  • Historical WOZ value trends: Consistent increase indicating rising property values.

Possible improvements

  • Upgrade interior finishes and appliances to modern standards.
  • Add smart home features for increased appeal.
  • Enhance outdoor spaces with landscaping or private gardens.
  • Implement energy-efficient systems to reduce utility costs.
  • Renovate bathrooms and kitchens for a more luxurious feel.

Description

Discover this stunning new residential complex in Los Alcazares, Spain, ideally situated near the prestigious La Serena Golf course. This modern development features 244 beautifully designed apartments with 2 and 3 bedrooms, spread across 8 blocks and complemented by 20 private villas. The apartments are spread over three levels, including ground-floor units with lush gardens and some with private pools, as well as upper-floor terraces and private solariums offering breathtaking views. Select corner apartments and top-floor units feature 3 bedrooms, while others have 2 bedrooms. All homes are east-facing with views over communal areas or west-facing with picturesque vistas of the golf course. Each apartment includes a dedicated parking space and a private storage room in the basement, included in the price. The complex offers a communal swimming pool and shared recreational spaces, perfect for relaxation and socializing. Located on the front line of La Serena Golf, renowned for its scenic lakes and lush vegetation, this property provides an exceptional living environment. The golf course seamlessly connects to the town center, allowing residents to enjoy tranquil surroundings without sacrificing access to Los Alcazares’ vibrant amenities. Los Alcazares, Spain, is a prime location on the Costa Cálida, just 25 minutes from Murcia Airport and 55 minutes from Alicante Airport, with excellent links to Cartagena, Murcia, and Alicante. This property in Los Alcazares is an ideal investment opportunity for those seeking a luxurious lifestyle on Spain’s beautiful southeastern coast.

Location

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