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2
Bedrooms
2
Bathrooms
58 m²
Surface area
€
€4293
Price per m²
Apartment
Property type
+2 photos
Analysis
Price
€249.000
Own investment (30%)
€74.700
30% down payment of purchase price
Buyer costs
€24.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,92
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€464,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€48,33
{% 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
-€222,18
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€65,41
Municipal taxes for Torrevieja
Tax
(19%)
-€73,88
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
€74,92
High season
€100
Mid season
€72,83
Low season
€57
Price determining factors
- Proximity to the beach and amenities increases desirability.
- The new development's modern features and amenities add value.
- Potential for rental income from holidaymakers enhances investment appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €146,20 | Villa with sea views | 8.6 km |
| €75,33 | with fantastic views of the orange orchard! | 4.5 km |
| €112 | Luxury and Modern Penthouse + Roof Terrace with Sea View | 4.7 km |
| €96,40 | Rooftop Sea Views · Quiet Gated Community · Pools | 9.0 km |
| €94,80 | Apartment with Roof Terrace and Heated Pool | 2.3 km |
| €86,80 | Mar & Relax | 7.8 km |
| €89 | Design Chalet mit grosser Terrasse nah Strand | 1.6 km |
| €91 | Sunlit Bungalow with Private Garden | 3.2 km |
| €83,60 | Apartment La Siesta in la Torre for 4Pax (HHH) | 14.3 km |
| €232,80 | Romantic villa in a quiet area | 17.2 km |
Return & Value appreciation
Annual return
5.06%
5 Year Return
25.30%
10 Year Return
50.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The new build status suggests high quality and minimal immediate repairs, likely leading to steady appreciation.
- Local market trends in 2027: The Costa Blanca region continues to attract both tourists and residents, supporting property value growth.
- Property type: Apartments near beaches are highly desirable, especially in a thriving tourist destination like Torrevieja.
- Economic outlook in 2027: Spain's economy is expected to grow moderately, with tourism and real estate sectors performing well.
- Demographic developments: Increasing expatriate and retiree populations in Costa Blanca contribute to sustained demand.
- Infrastructure plans in 2027: Ongoing improvements in transport, amenities, and local services will enhance property appeal.
- Historical WOZ value trends: Consistent increases in property taxes reflect rising property values.
Possible improvements
- Adding high-end appliances or smart home features.
- Upgrading interior finishes for a more luxurious feel.
- Enhancing outdoor spaces, such as installing a pergola or outdoor furniture.
Description
Experience modern coastal living with these new beachside apartments in Torrevieja, Spain, just 160 meters from Playa del Cura. These stunning 2-bedroom, 2-bathroom new build apartments and penthouses offer bright, spacious interiors, large terraces, and access to exceptional amenities, making them perfect for enjoying the sunny Costa Blanca lifestyle. Located in the heart of Torrevieja, this exclusive development features 15 contemporary homes with 58m² of living space, including open-plan kitchens with breakfast bars and generous living-dining areas. Each apartment boasts a large terrace with views of natural salt lakes, ideal for relaxing outdoors. Residents benefit from a communal swimming pool, lush green recreational spaces, and a large shared solarium. Penthouses include private solariums for added privacy and evening leisure under starry skies. Key features include secure entry with intercom, underfloor heating in bathrooms, fully fitted kitchens, and proximity to shops, marina, and transport links. This new development in Torrevieja offers an ideal investment in a thriving coastal city known for its vibrant seafront promenade, lively markets, and excellent climate. Whether for holiday homes or permanent residence, these beachfront apartments provide the perfect opportunity to enjoy the authentic Spanish Costa Blanca experience.
Location
Nightly rates in the area
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