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2
Bedrooms
2
Bathrooms
87 m²
Surface area
€
€3332
Price per m²
Apartment
Property type
+7 photos
Analysis
Price
€289.900
Own investment (30%)
€86.970
30% down payment of purchase price
Buyer costs
€28.990
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
-€541,15
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€72,50
{% 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
-€74,10
Municipal taxes for Torrevieja
Tax
(19%)
-€53,13
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 beaches, shopping, and amenities: High desirability.
- Quality of construction and finishes: Modern, high-quality materials increase value.
- Views and outdoor spaces: Top-floor units with sea views are more valuable.
- Market competition: Limited supply of similar high-end apartments in the area.
- Economic stability: Spain's economic health influences property prices.
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
3.13%
5 Year Return
15.65%
10 Year Return
31.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors and amenities enhance 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 development with amenities attract higher appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and increased tourism support property value.
- Demographic developments: Increasing number of retirees and holidaymakers boosting demand.
- Infrastructure plans in 2027: Improved transportation and local amenities will likely increase property appeal.
- Historical WOZ value trends: Steady increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home features for modern convenience.
- Improve energy efficiency with solar panels or better insulation.
- Enhance outdoor spaces, such as balcony or terrace upgrades.
- Renovate bathrooms with modern fittings.
Description
Discover modern apartments for sale in Torrevieja, Spain, offering an exceptional opportunity to own a property in this vibrant coastal city. This exclusive development features 16 spacious Torrevieja apartments, ideally situated near top schools, supermarkets, shopping centers, and just minutes from the picturesque beaches of the Costa Blanca. These contemporary Torrevieja apartments provide 87 m² of comfortable living space, including two bedrooms, two bathrooms, a bright living room, and a fully equipped kitchen. Select top-floor units boast stunning sea-view solarium terraces, perfect for relaxing under the Mediterranean sun. Each apartment is designed for comfort and convenience with fitted wardrobes, air conditioning, electric heating, and included appliances. A private garage space ensures secure parking, while residents enjoy access to a communal swimming pool, landscaped gardens, and elevator services. Torrevieja, renowned for its salt lakes, sandy beaches, and lively marina, offers a high quality of life with excellent infrastructure, shopping, and excellent educational facilities. Located on Spain’s sunny Costa Blanca, Torrevieja attracts both investors and holiday home buyers seeking a relaxed yet vibrant lifestyle. The nearby Alicante airport and cultural attractions add to its appeal, making these Torrevieja apartments an ideal choice for those looking to embrace the best of Spain’s coastal living. Explore this exceptional opportunity to own a modern apartment in Torrevieja, Spain, and enjoy the perfect blend of comfort, leisure, and Mediterranean charm.
Location
Nightly rates in the area
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