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2
Bedrooms
2
Bathrooms
59 m²
Surface area
€
€3102
Price per m²
Apartment
Property type
+8 photos
Analysis
Price
€183.000
Own investment (30%)
€54.900
30% down payment of purchase price
Buyer costs
€18.300
Buyer costs: 10% of purchase price
Estimated nightly rate
€75,38
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€341,60
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€49,17
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
-€223,55
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€51,39
Municipal taxes for Torrevieja
Tax
(19%)
-€101,26
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
€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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Nightly rates in the area
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