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House in Algorfa, 2 bedrooms, 65 m² €189.000

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2
Bedrooms
2
Bathrooms
65 m²
Surface area
€
€2908
Price per m²
House
Property type
House in Algorfa, 2 bedrooms, 65 m² - Hoofdafbeelding
House in Algorfa, 2 bedrooms, 65 m² - Afbeelding 1
House in Algorfa, 2 bedrooms, 65 m² - Afbeelding 2
House in Algorfa, 2 bedrooms, 65 m² - Afbeelding 3
+8 photos

Analysis

Price
€189.000
Own investment (30%)
€56.700
Buyer costs
€18.900
Estimated nightly rate
€74,29
Expected occupancy rate
63%
Gross rental p/m
€0000
Mortgage costs
-€352,80
Maintenance costs
-€54,17
Cleaning costs
-€291,67
Platform fees
-€213,54
Municipal taxes
-€52,66
Tax (19%)
-€87,16
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€74,29
High season
€94
Mid season
€75,67
Low season
€64

Price determining factors

  • Location in Algorfa, close to beaches and golf courses.
  • Modern amenities and community facilities.
  • Potential for rental income from holidaymakers.
  • Regional economic stability and growth prospects.

Comparable accommodations

Rate Hotel / apartment Distance
€146,20 Villa with sea views 16.2 km
€75,33 with fantastic views of the orange orchard! 14.4 km
€112 Luxury and Modern Penthouse + Roof Terrace with Sea View 17.1 km
€96,40 Rooftop Sea Views · Quiet Gated Community · Pools 19.0 km
€94,80 Apartment with Roof Terrace and Heated Pool 15.7 km
€86,80 Mar & Relax 19.5 km
€89 Design Chalet mit grosser Terrasse nah Strand 15.8 km
€91 Sunlit Bungalow with Private Garden 14.8 km
€232,80 Romantic villa in a quiet area 10.6 km
€146,60 Casa Bettina - luxury villa, heated pool, Int. TV 15.3 km

Return & Value appreciation

Annual return

5.90%

5 Year Return

29.50%

10 Year Return

59.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained new apartments tend to appreciate steadily.
  • Local market trends in 2027: Growing demand for holiday and investment properties in Costa Blanca.
  • Property type: Apartments in a secure gated community are attractive for both holidaymakers and investors.
  • Economic outlook in 2027: Spain's economy is expected to remain stable with growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations in Spain support property demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Adding a private pool or hot tub.
  • Upgrading kitchen appliances and fixtures.
  • Enhancing outdoor living spaces with landscaping or a terrace.
  • Installing smart home technology for added convenience.

Description

Discover modern living with these new apartments in Algorfa, Spain, offering a perfect blend of comfort and convenience in the Costa Blanca region. These stylish 1 to 3-bedroom apartments and penthouses feature contemporary kitchens, spacious private terraces, and optional solariums, ideal for enjoying the sunny Spanish climate. Located in a secure gated community, residents can indulge in communal pools, a fully-equipped gym, and easy elevator access. Each property includes parking and storage, with pre-installed air conditioning to ensure year-round comfort. Just 17 km from pristine beaches and close to golf courses like La Finca Golf, these apartments are perfect for both holidaymakers and investors seeking a property in Algorfa, Spain. The vibrant region offers excellent infrastructure, vibrant local amenities, and a warm Mediterranean climate—making it an ideal destination for a second home or investment property.

Location

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