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Apartment in Torrevieja, 2 bedrooms, 59 m² €183.000

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2
Bedrooms
2
Bathrooms
59 m²
Surface area
€3102
Price per m²
Apartment
Property type
Apartment in Torrevieja, 2 bedrooms, 59 m² - Hoofdafbeelding
Apartment in Torrevieja, 2 bedrooms, 59 m² - Afbeelding 1
Apartment in Torrevieja, 2 bedrooms, 59 m² - Afbeelding 2
Apartment in Torrevieja, 2 bedrooms, 59 m² - Afbeelding 3
+8 photos

Analysis

Price
€183.000
Own investment (30%)
€54.900
Buyer costs
€18.300
Estimated nightly rate
€75,38
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€341,60
Maintenance costs
-€49,17
Cleaning costs
-€291,67
Platform fees
-€223,55
Municipal taxes
-€51,39
Tax (19%)
-€101,26
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€75,38
High season
€101
Mid season
€73,25
Low season
€58

Price determining factors

  • Proximity to beaches and urban amenities.
  • Tourism growth in Torrevieja.
  • Development of new residential projects in the area.

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

7.08%

5 Year Return

35.40%

10 Year Return

70.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, modern interiors increase appeal and value.
  • Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular areas like Torrevieja.
  • Property type: Apartments in a desirable seaside location tend to appreciate steadily.
  • Economic outlook in 2027: Positive economic growth in Spain and Europe supports property appreciation.
  • Demographic developments: Increasing interest from expatriates and retirees boosts demand.
  • Infrastructure plans in 2027: Improved transportation and amenities enhance property value.

Possible improvements

  • Renovate and modernize the kitchen and bathrooms.
  • Add smart home features for increased convenience.
  • Improve outdoor spaces or terraces.
  • Upgrade security features.

Description

Discover modern 1, 2, and 3-bedroom apartments in Torrevieja, Spain, just 400 meters from the beautiful beaches of the Costa Blanca. These contemporary coastal apartments offer an ideal blend of comfort and Mediterranean lifestyle, situated in a vibrant seaside city renowned for its natural beauty and lively atmosphere. The gated development features elevator access, bright interiors, and spacious 53 sqm 2-bedroom units with private 1 sqm terraces—perfect for relaxing or entertaining. Located near top schools, shopping centers, and bus routes, these Torrevieja apartments provide unmatched convenience. Designed for coastal living, each unit comes with pre-installed air conditioning, double-glazed windows, and reinforced security doors, ensuring safety and comfort year-round. Torrevieja is a thriving coastal city celebrated for its year-round sunshine, stunning salt lagoons, and proximity to natural parks like La Mata. Its strategic location just 45 km from Alicante Airport makes it an attractive destination for investors, second-home buyers, and those seeking a permanent residence in Spain. Whether you're seeking a holiday retreat or a permanent home, these apartments in Torrevieja offer an exceptional opportunity to enjoy the best of Spanish seaside living, combining natural beauty, urban amenities, and excellent connectivity in one desirable location.

Location

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