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Apartment in Torrevieja, 2 bedrooms, 97 m² €370.000

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2
Bedrooms
2
Bathrooms
97 m²
Surface area
€
€3814
Price per m²
Apartment
Property type
Apartment in Torrevieja, 2 bedrooms, 97 m² - Hoofdafbeelding
Apartment in Torrevieja, 2 bedrooms, 97 m² - Afbeelding 1
Apartment in Torrevieja, 2 bedrooms, 97 m² - Afbeelding 2
Apartment in Torrevieja, 2 bedrooms, 97 m² - Afbeelding 3
+6 photos

Analysis

Price
€370.000
Own investment (30%)
€111.000
Buyer costs
€37.000
Estimated nightly rate
€74,16
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€690,67
Maintenance costs
-€80,83
Cleaning costs
-€291,67
Platform fees
-€223,31
Municipal taxes
-€91,12
Tax (19%)
-€21,12
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€74,16
High season
€100
Mid season
€72,17
Low season
€56

Price determining factors

  • Proximity to the Mediterranean Sea and local beaches.
  • High-quality amenities and modern design.
  • Location in La Veleta, a prestigious neighborhood.
  • Potential for rental income from tourism and long-term tenants.
  • Views and outdoor spaces (terraces, gardens).

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

0.97%

5 Year Return

4.85%

10 Year Return

9.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern and well-maintained, appealing to buyers and renters.
  • Local market trends in 2027: Expected growth due to tourism and international interest in Costa Blanca.
  • Property type: High-demand holiday and retirement destination, boosting rental and resale value.
  • Economic outlook in 2027: Positive, with steady growth in Spain and the Eurozone.
  • Demographic developments: Increasing retirees and expatriates seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities.
  • Historical WOZ value trends: Consistent increase, indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home features for modern appeal.
  • Enhance outdoor spaces with landscaping or additional features.
  • Improve energy efficiency with solar panels or insulation.
  • Renovate bathrooms for a more luxurious feel.

Description

Discover luxurious new apartments in Torrevieja, Spain, offering the perfect blend of comfort and coastal living on the Costa Blanca. These modern 2-bedroom, 2-bathroom residences are ideally situated just 250 meters from the Mediterranean Sea in the prestigious La Veleta neighborhood. Designed for relaxation and convenience, each apartment features spacious open-plan living areas with built-in kitchens, private terraces or gardens, and stunning sea views—ideal for enjoying the beautiful Spanish coastline. The development boasts exceptional amenities, including multiple swimming pools, a heated pool, a private gym with climate control, and beautifully landscaped Mediterranean gardens. Secure gated access, alarms, lifts, and wheelchair-friendly features ensure safety and accessibility for all residents. Additional highlights include double glazing, fiber optic internet, solar tanning, ample storage, and underground parking. Ground-floor units offer private gardens, while upper floors have terraces and solariums with panoramic sea views, making these Spain apartments a true coastal retreat. Located in Torrevieja, Spain, a vibrant seaside city renowned for its salt lakes, beaches, and lively markets, this property is perfect for investors, second homeowners, or retirees seeking a Mediterranean lifestyle. With excellent infrastructure, international airports nearby, and a mild year-round climate, these Torrevieja apartments provide an exceptional opportunity to own a slice of Spain’s stunning Costa Blanca.

Location

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