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2
Bedrooms
2
Bathrooms
98 m²
Surface area
€
€2684
Price per m²
Apartment
Property type
+29 photos
Analysis
Price
€263.000
Own investment (30%)
€78.900
30% down payment of purchase price
Buyer costs
€26.300
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
-€490,93
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€81,67
{% 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
-€222,18
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€68,39
Municipal taxes for Torrevieja
Tax
(19%)
-€62,01
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
- Property condition: New construction with high-quality finishes.
- Local market trends in 2027: Rising property prices in coastal Spain.
- Property type: Apartments with sea views and modern amenities are premium.
- Economic outlook in 2027: Stable economic environment supports property value growth.
- Demographic developments: Growing expatriate community increases demand.
- Infrastructure plans in 2027: Enhanced connectivity and local services.
- Historical WOZ value trends: Increasing property tax assessments.
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
4.02%
5 Year Return
20.10%
10 Year Return
40.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained new development, likely to appreciate as new builds tend to increase in value.
- Local market trends in 2027: Growing demand for coastal properties in Costa Blanca, driven by tourism and expatriate influx.
- Property type: Modern apartments with sea views are highly desirable, supporting appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and Europe, boosting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Torrevieja.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Possible improvements
- Adding a private balcony or terrace upgrade.
- Installing energy-efficient appliances and solar panels.
- Enhancing interior decor for modern appeal.
- Upgrading smart home features.
- Landscaping or private garden enhancements.
Description
Discover luxurious coastal living with the exclusive new development in Torrevieja, Spain, offering 56 modern properties designed for comfort and elegance. These stunning residences feature 2 to 3 bedrooms, spacious terraces, and breathtaking sea views, making them ideal for both permanent residence and investment in Spain's vibrant Costa Blanca region. The complex includes stylish duplexes and penthouses with large solariums, perfect for enjoying the Mediterranean sunshine. Ground-floor apartments provide private terraces with direct access to lush communal gardens, complemented by a beautiful communal pool with a waterfall, nestled within tranquil greenery. Modern amenities include two elevators, underground parking, practical storage units, and a versatile community room. Thoughtfully designed with dual orientations, these homes maximize natural light and cross-ventilation, ensuring comfort year-round. Located close to pristine beaches, lively promenades, and essential amenities, this Torrevieja property offers easy access to shopping, dining, and public transport. Torrevieja is renowned for its lively coastal atmosphere, natural beauty, and growing infrastructure, making it a prime destination for real estate investment in Spain. Whether seeking a permanent home or a holiday retreat, these properties present a unique opportunity to enjoy the best of Spain’s Mediterranean lifestyle.
Location
Nightly rates in the area
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