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House in Alfaz del Pi, 2 bedrooms, 74 m² €331.000

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2
Bedrooms
2
Bathrooms
74 m²
Surface area
€
€4473
Price per m²
House
Property type
House in Alfaz del Pi, 2 bedrooms, 74 m² - Hoofdafbeelding
House in Alfaz del Pi, 2 bedrooms, 74 m² - Afbeelding 1
House in Alfaz del Pi, 2 bedrooms, 74 m² - Afbeelding 2
House in Alfaz del Pi, 2 bedrooms, 74 m² - Afbeelding 3
+8 photos

Analysis

Price
€331.000
Own investment (30%)
€99.300
Buyer costs
€33.100
Estimated nightly rate
€95,64
Expected occupancy rate
72%
Gross rental p/m
€0000
Mortgage costs
-€617,87
Maintenance costs
-€61,67
Cleaning costs
-€291,67
Platform fees
-€314,18
Municipal taxes
-€82,84
Tax (19%)
-€138
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€95,64
High season
€116
Mid season
€94,58
Low season
€84

Price determining factors

  • Location in Alfaz del Pi and proximity to beaches and natural parks.
  • Quality of development and amenities such as pools, gardens, and security.
  • Market demand for holiday and investment properties in Costa Blanca.
  • Economic stability and growth prospects in Spain.
  • Potential for rental income from tourism and short-term rentals.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

7.11%

5 Year Return

35.55%

10 Year Return

71.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern apartments with high-quality finishes.
  • Local market trends in 2027: Expected growth due to increasing tourism and foreign investment.
  • Property type: Popular holiday and investment property type in the Costa Blanca.
  • Economic outlook in 2027: Positive, with steady economic growth in Spain and increased foreign investment.
  • Demographic developments: Growing expatriate community and domestic demand for holiday homes.
  • Infrastructure plans in 2027: Improved transportation links and local amenities enhancing accessibility.
  • Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

  • Upgrade interior finishes and appliances to premium quality.
  • Add smart home features for increased convenience.
  • Enhance outdoor spaces with landscaping or additional amenities.
  • Improve energy efficiency with solar panels or better insulation.
  • Renovate bathrooms and kitchens for modern appeal.

Description

Experience Mediterranean living at its finest with this stunning development of modern apartments in Alfaz del Pi, Spain. Located in the heart of Costa Blanca, these spacious homes offer large terraces and bright, practical layouts with expansive windows to enjoy the year-round Mediterranean climate. This exclusive property in Alfaz del Pi features 123 thoughtfully designed apartments, predominantly 2-bedroom units, perfect for families or investors seeking a high-quality lifestyle. Residents can indulge in the beautifully landscaped gardens, relaxing communal pool, and a safe children’s playground, creating an ideal environment for outdoor living and family fun. Security and convenience are prioritized with private garage parking, elevator access, and video intercom systems. Situated just minutes from El Albir and Altea beaches, and adjacent to Serra Gelada Natural Park, this property combines natural beauty with accessible amenities. Alfaz del Pi in Spain is renowned for its peaceful yet lively atmosphere, attracting international residents and outdoor enthusiasts alike. With easy access to Alicante Airport and nearby Benidorm, this location is perfect for both a permanent residence and a lucrative investment. Explore hiking, cycling routes, and top sports clubs in the area, making this property an ideal choice for those seeking an active, balanced lifestyle amidst stunning Mediterranean scenery.

Location

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