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2
Bedrooms
2
Bathrooms
128 m²
Surface area
€
€2023
Price per m²
Apartment
Property type
+7 photos
Analysis
Price
€259.000
Own investment (30%)
€77.700
30% down payment of purchase price
Buyer costs
€25.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,82
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€483,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€106,67
{% 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
-€221,89
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€67,54
Municipal taxes for Torrevieja
Tax
(19%)
-€58,52
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
€74,82
High season
€100
Mid season
€72,75
Low season
€57
Price determining factors
- Proximity to beaches and amenities: High demand for properties near the coast.
- Property condition: New construction with modern features.
- Local market trends: Rising property prices in Torrevieja.
- Economic outlook: Positive economic growth supporting real estate investments.
- Infrastructure developments: Planned improvements enhancing accessibility and attractiveness.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
3.85%
5 Year Return
19.25%
10 Year Return
38.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: New, modern apartments tend to appreciate well as they attract tenants and buyers.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular areas like Torrevieja.
- Property type: Apartments in a desirable location with amenities and proximity to beaches.
- Economic outlook in 2027: Stable to positive, with tourism and real estate sectors likely to grow.
- Demographic developments: Increasing population and foreign investment in coastal areas.
- Infrastructure plans in 2027: Improvements in transport, roads, and local amenities support property value growth.
- Historical WOZ value trends: Consistent increase indicating rising property values and local development.
Possible improvements
- Adding high-end appliances and fixtures to increase appeal.
- Upgrading the terrace with outdoor furniture or a small garden.
- Implementing smart home technology for added convenience.
- Enhancing interior decor to appeal to modern tastes.
Description
Discover stunning new apartments in Torrevieja, Spain, perfect for those seeking a coastal lifestyle on the Costa Blanca. These modern 2-bedroom apartments are situated just 400 meters from Playa del Cura, offering easy access to beautiful beaches, vibrant city life, and local amenities. Each apartment features a spacious 69 sqm of living space, an 8 sqm terrace ideal for outdoor relaxation, and contemporary open-plan layouts with fully equipped kitchens. Residents enjoy exclusive access to a rooftop solarium, communal swimming pool, and a fully equipped gym, making it an exceptional choice for both holidaymakers and permanent residents. The gated community provides convenience with elevator access, optional underground parking, and basement storage. Located in the heart of Torrevieja, these apartments are close to shops, parks, schools, and public transport routes, making daily life effortless in this lively coastal city.
Location
Nightly rates in the area
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