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Apartment in Torrevieja, 3 bedrooms, 118 m² €385.000

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3
Bedrooms
3
Bathrooms
118 m²
Surface area
€
€3263
Price per m²
Apartment
Property type
Apartment in Torrevieja, 3 bedrooms, 118 m² - Hoofdafbeelding
Apartment in Torrevieja, 3 bedrooms, 118 m² - Afbeelding 1
Apartment in Torrevieja, 3 bedrooms, 118 m² - Afbeelding 2
Apartment in Torrevieja, 3 bedrooms, 118 m² - Afbeelding 3
+29 photos

Analysis

Price
€385.000
Own investment (30%)
€115.500
Buyer costs
€38.500
Estimated nightly rate
€115,32
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€718,67
Maintenance costs
-€98,33
Cleaning costs
-€333,33
Platform fees
-€315,69
Municipal taxes
-€94,31
Tax (19%)
-€103,41
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€115,32
High season
€151
Mid season
€111,25
Low season
€90

Price determining factors

  • Proximity to beaches and amenities: Prime location enhances desirability.
  • Property features: Modern design, sea views, private gardens, and communal facilities.
  • Market demand: High demand for holiday rentals and second homes in Torrevieja.
  • Economic factors: Stable local economy, tourism growth, and favorable mortgage rates.
  • Local developments: New infrastructure projects and urban regeneration initiatives.

Comparable accommodations

Rate Hotel / apartment Distance
€185,60 Villa El Loto Blanco 18.9 km
€150,33 Villa Lindal - upper part of Ciudad Quesada. 10.3 km
€231,40 Fidalsa 5 Stars Sea Views 12.2 km
€222,67 Villa "Alma" with pool heating 16.9 km
€196,40 La Manzana - Villa with Private Pool 13.7 km
€246,60 Exclusive New build Villa with jacuzzi and pool 7.8 km
€116,43 Sunny stay at Casa Corten with Private pool. 8.9 km
€121 Very nice beachfront house. 11.6 km
€119,20 Villa-Capricho Playa - ParqueMar. VT-480073-A 4.7 km
€98,40 Nature Views Luxury Villa - 3BR en Pool 5.3 km

Return & Value appreciation

Annual return

4.58%

5 Year Return

22.90%

10 Year Return

45.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartments with sea views enhance value.
  • Local market trends in 2027: Growing demand for coastal properties in Spain, especially on the Costa Blanca.
  • Property type: High-demand luxury apartments with amenities like private terraces and pools.
  • Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment in real estate.
  • Demographic developments: Increasing interest from retirees and expatriates seeking Mediterranean lifestyle.
  • Infrastructure plans in 2027: Improved transport links, airport expansions, and local development projects.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade interior finishes and appliances to premium quality.
  • Add smart home features for enhanced convenience.
  • Improve outdoor spaces with landscaping or additional terraces.
  • Implement energy-efficient systems to reduce utility costs.
  • Enhance communal amenities or add new facilities.

Description

Discover exceptional sea view residences in Torrevieja, Spain, offering 56 modern two and three-bedroom homes in an exclusive coastal complex just 300 meters from pristine beaches. These stylish apartments feature spacious terraces, private solariums, and breathtaking panoramic sea views, making them ideal for both year-round living and smart real estate investments on the Costa Blanca. The development includes duplexes and penthouses with large terraces, private gardens, and access to a communal swimming pool with a waterfall surrounded by lush green areas, creating a tranquil seaside oasis. Designed for comfort, the residences are equipped with multiple elevators, storage units, and communal spaces such as a multipurpose room, ensuring convenience for residents. Cross-ventilation and south-east facing orientations maximize natural light and sea breezes, enhancing living quality. Unique architectural features, like a large structural void overlooking the main avenue, foster a sense of community while flooding the pool area with light and air. Situated in Torrevieja, Spain, this property benefits from the city’s vibrant coastal lifestyle, renowned for its beautiful beaches, lively cultural scene, and excellent amenities. Perfect for investors seeking rental potential or buyers pursuing a Mediterranean lifestyle, these sea view homes are ideally located near Alicante’s international airports and transport links. Torrevieja’s mild climate, natural salt lakes, and extensive leisure options make it a prime destination for both relaxation and wellness. Embrace the allure of coastal Spain with these modern sea view residences in Torrevieja, offering a perfect blend of comfort, natural beauty, and investment opportunity.

Location

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