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Apartment in Torrevieja, 1 bedrooms, 48 m² €158.000

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1
Bedrooms
1
Bathrooms
48 m²
Surface area
€
€3292
Price per m²
Apartment
Property type
Apartment in Torrevieja, 1 bedrooms, 48 m² - Hoofdafbeelding
Apartment in Torrevieja, 1 bedrooms, 48 m² - Afbeelding 1
Apartment in Torrevieja, 1 bedrooms, 48 m² - Afbeelding 2
Apartment in Torrevieja, 1 bedrooms, 48 m² - Afbeelding 3
+6 photos

Analysis

Price
€158.000
Own investment (30%)
€47.400
Buyer costs
€15.800
Estimated nightly rate
€51,61
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€294,93
Maintenance costs
-€40
Cleaning costs
-€291,67
Platform fees
-€153,06
Municipal taxes
-€46,08
Tax (19%)
-€36,98
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€51,61
High season
€68
Mid season
€50,33
Low season
€42

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability and value.
  • Quality of construction and modern features: Attracts buyers and renters.
  • Local tourism trends: High tourist influx supports rental income and property appreciation.
  • Economic stability: A stable economy encourages investment.
  • Development of local infrastructure: Improves accessibility and attractiveness.

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

2.99%

5 Year Return

14.95%

10 Year Return

29.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The new construction and modern amenities suggest a high potential for appreciation.
  • Local market trends in 2027: The Spanish coastal property market is expected to remain strong, driven by tourism and expatriate demand.
  • Property type: Apartments in a desirable location near beaches tend to appreciate well.
  • Economic outlook in 2027: Spain's economy is projected to stabilize and grow modestly, supporting real estate investment.
  • Demographic developments: Increasing interest from retirees and expatriates will likely sustain demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will enhance property values.
  • Historical WOZ value trends: Consistent growth in property taxes indicates rising property values.

Possible improvements

  • Adding a modern kitchen upgrade
  • Installing smart home technology
  • Enhancing outdoor space or adding a small garden
  • Improving interior decor and furnishings
  • Upgrading air conditioning and heating systems

Description

Discover stunning new apartments in Torrevieja, Spain, perfectly situated just 400 meters from the beautiful beaches of the Costa Blanca. These modern 1-bedroom apartments offer a bright, open-plan living space of 44 square meters, complemented by a private 1-square-meter terrace that invites you to enjoy the Mediterranean breeze. Designed for comfort and convenience, the gated community features a lift, pre-installed air conditioning, double-glazed windows, and reinforced security doors, ensuring safety and comfort year-round. Located in the heart of Torrevieja, these properties provide easy access to shops, restaurants, the vibrant marina, and local amenities, making them ideal for holiday homes or permanent residence on the sunny Costa Blanca coast. Torrevieja, renowned for its stunning beaches, salt lagoons, and lively marina, offers a dynamic lifestyle with recreational parks and excellent transport links to Alicante and Murcia airports. Whether you’re seeking a seaside retreat or a smart investment opportunity, these new apartments in Torrevieja, Spain, combine modern living with the charm of coastal Spain.

Location

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