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1
Bedrooms
1
Bathrooms
35 m²
Surface area
€
€3709
Price per m²
Apartment
Property type
+12 photos
Analysis
Price
€129.800
Own investment (30%)
€38.940
30% down payment of purchase price
Buyer costs
€12.980
Buyer costs: 10% of purchase price
Estimated nightly rate
€51,39
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€242,29
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€29,17
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€152,40
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€40,08
Municipal taxes for Torrevieja
Tax
(19%)
-€49,48
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
€51,39
High season
€68
Mid season
€50,08
Low season
€39
Price determining factors
- Proximity to beaches and attractions: High desirability boosts prices.
- Amenities: Luxury features like rooftop pool and private patios increase value.
- Property condition: Modern, move-in ready condition attracts buyers.
- Local development projects: New commercial and recreational developments enhance neighborhood appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €69,80 | Sea view apartments, La Mata, Torrevieja | 4.5 km |
| €69,80 | Nice house with an indoor fireplace | 16.8 km |
| €57,20 | Authentic Spanish cottage with terrace and balcony | 17.8 km |
| €84,60 | The house under the cactus | 18.8 km |
Return & Value appreciation
Annual return
6.50%
5 Year Return
32.50%
10 Year Return
65.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment with recent renovations enhances value.
- Local market trends in 2027: Growing demand for seaside properties in Costa Blanca, driven by tourism and expatriate influx.
- Property type: Compact 1-bedroom apartments are popular for vacation rentals and investment.
- Economic outlook in 2027: Spain's economy expected to grow steadily, supporting real estate appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking seaside living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Torrevieja.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Upgrade kitchen and bathroom fixtures for modern appeal.
- Add smart home features for convenience and security.
- Improve interior decor to enhance aesthetic appeal.
- Increase outdoor space or balcony size if possible.
- Implement energy-efficient appliances and insulation to reduce costs.
Description
Experience the allure of seaside living with this exceptional property in Torrevieja, Spain. Located along the stunning Costa Blanca, this exclusive development offers modern 1-bedroom apartments designed for comfort and style. Ranging from 35 m² to 51 m², these homes feature options for ground-floor units with private patios or top-floor apartments with panoramic sea and street views. Residents can enjoy a range of luxurious amenities, including a rooftop heated pool, communal gardens, elevator access, and spacious basement storage. Priced from €109,800 to €141,700, these apartments provide an affordable opportunity for vacationers and investors seeking a prime location in Torrevieja, Spain. Ideally situated near beautiful beaches, vibrant shops, and local attractions, this property combines coastal tranquility with excellent connectivity within the Alicante province. Whether you desire a relaxing seaside retreat or a strategic investment in Spain’s booming real estate market, these Torrevieja apartments offer the perfect blend of comfort, convenience, and breathtaking sea views. Don’t miss your chance to own a piece of paradise on the Costa Blanca—your ideal Torrevieja property awaits.
Location
Nightly rates in the area
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