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House in Alfaz del Pi, 3 bedrooms, 169 m² €698.000

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3
Bedrooms
3
Bathrooms
169 m²
Surface area
€
€4130
Price per m²
House
Property type
House in Alfaz del Pi, 3 bedrooms, 169 m² - Hoofdafbeelding
House in Alfaz del Pi, 3 bedrooms, 169 m² - Afbeelding 1
House in Alfaz del Pi, 3 bedrooms, 169 m² - Afbeelding 2
House in Alfaz del Pi, 3 bedrooms, 169 m² - Afbeelding 3
+35 photos

Analysis

Price
€698.000
Own investment (30%)
€209.400
Buyer costs
€69.800
Estimated nightly rate
€143,94
Expected occupancy rate
63%
Gross rental p/m
€0000
Mortgage costs
-€1.302,93
Maintenance costs
-€140,83
Cleaning costs
-€333,33
Platform fees
-€413,74
Municipal taxes
-€160,82
Tax (19%)
-€77,25
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€143,94
High season
€185
Mid season
€140,58
Low season
€104

Price determining factors

  • Location in Alfaz del Pi: Desirable area with access to beaches and amenities.
  • Property features: Private pool, outdoor living spaces, modern interior.
  • Market demand: High demand for luxury holiday and permanent residences.
  • Economic factors: Stable economy, low interest rates, and investment incentives.
  • Local developments: New infrastructure projects and tourism growth.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

1.89%

5 Year Return

9.45%

10 Year Return

18.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained and modern design enhances value.
  • Local market trends in 2027: Growing demand for luxury properties in Costa Blanca.
  • Property type: High-end villa with unique Ibizan style attracts affluent buyers.
  • Economic outlook in 2027: Positive economic growth in Spain supports real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree population boosts demand.
  • Infrastructure plans in 2027: Improved transportation and amenities in Alfaz del Pi.
  • Historical WOZ value trends: Consistent increase in property values in the region.

Possible improvements

  • Adding a home automation system for modern convenience.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor landscaping and garden features.
  • Installing energy-efficient windows and solar panels.
  • Expanding outdoor entertainment areas or adding a jacuzzi.

Description

Discover this stunning Ibizan-style villa in Alfaz del Pi, Spain, offering a perfect blend of elegant design and serene outdoor living. This single-story home features a spacious open-plan kitchen, living, and dining area with high wooden ceilings and stylish wall paneling, creating a warm and inviting atmosphere. The property is thoughtfully designed around an 'L' shaped layout that separates the communal spaces from private bedrooms, including three bedrooms, two bathrooms, an office, and a laundry room, catering to all your lifestyle needs. Large sliding windows seamlessly connect indoor and outdoor living, highlighting the south-facing terrace, private pool, and lush olive tree, ideal for sunbathing, entertaining, or relaxing. Practical outdoor storage and a sizable covered pergola over the parking area add convenience without compromising style. Located in Alfaz del Pi, a vibrant town on the Costa Blanca, Spain, this property offers easy access to beautiful beaches, cultural attractions, and modern amenities. Alfaz del Pi is renowned for its scenic natural surroundings, friendly community, and excellent climate, making this villa an ideal holiday retreat or permanent residence. Whether you're a second home buyer or an investor seeking a property in Spain’s sought-after Costa Blanca region, this Alfaz del Pi villa combines luxury, comfort, and excellent investment potential in one exceptional package.

Location

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