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2
Bedrooms
2
Bathrooms
74 m²
Surface area
€
€3378
Price per m²
Apartment
Property type
+10 photos
Analysis
Price
€250.000
Own investment (30%)
€75.000
30% down payment of purchase price
Buyer costs
€25.000
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
-€466,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€61,67
{% 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
-€65,62
Municipal taxes for Torrevieja
Tax
(19%)
-€70,63
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, golf courses, and city center increases desirability.
- Community amenities such as pools, gym, and landscaped gardens add value.
- Modern design and move-in readiness attract buyers and renters.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
4.82%
5 Year Return
24.10%
10 Year Return
48.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained new construction with high-quality finishes enhances value.
- Local market trends in 2027: Growing tourism and real estate demand in Costa Blanca support appreciation.
- Property type: Modern apartments in a desirable coastal location tend to appreciate well.
- Economic outlook in 2027: Positive economic growth in Spain and Europe boosts property values.
- Demographic developments: Increasing population and expatriate influx in Torrevieja drive demand.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities will likely increase property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding smart home features for increased convenience.
- Upgrading kitchen and bathroom fixtures for a more luxurious feel.
- Enhancing outdoor spaces or terraces to maximize outdoor living.
- Implementing energy-efficient appliances and solar panels to reduce costs.
Description
Experience the best of coastal living with these modern new homes in Torrevieja, Spain. Ideally situated just steps from stunning beaches, these contemporary residences feature stylish design, high-quality finishes, and spacious, light-filled interiors perfect for relaxed seaside living or lucrative rental investments. Located near the golf course, vibrant shops, and the vibrant city center, this new development offers unparalleled convenience and lifestyle. Enjoy community amenities such as swimming pools, including a kiddie pool, lush landscaped gardens, and an on-site gym and solarium. Each property boasts fully equipped kitchens, spacious living areas, private and covered terraces, built-in wardrobes, and lift access, all within a secure gated community with underground parking options. Whether you prefer a ground-floor apartment with easy access or a luxurious penthouse with panoramic sea views, these homes combine comfort, elegance, and prime location. The development is designed with modern living in mind, ensuring everything is fresh and move-in ready. Located in Torrevieja, a lively coastal city renowned for its salt lakes, beautiful beaches, and vibrant marina, these properties offer an ideal base for enjoying the Mediterranean lifestyle. With excellent rental potential and proximity to Alicante’s international airport, investing in these new homes in Torrevieja, Spain, is a smart choice for both holidaymakers and investors seeking high-quality properties in the Costa Blanca region.
Location
Nightly rates in the area
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