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3
Bedrooms
3
Bathrooms
98 m²
Surface area
€
€4077
Price per m²
House
Property type
+21 photos
Analysis
Price
€399.500
Own investment (30%)
€119.850
30% down payment of purchase price
Buyer costs
€39.950
Buyer costs: 10% of purchase price
Estimated nightly rate
€137
Expected occupancy rate
71%
Gross rental p/m
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€0000
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Mortgage costs
-€745,73
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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€443,79
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€98,67
Municipal taxes for Alicante
Tax
(19%)
-€238,53
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
€137
High season
€171
Mid season
€134,83
Low season
€108
Price determining factors
- Location in Alicante, close to beaches and city amenities.
- Modern design and amenities, including terraces, solariums, and communal facilities.
- Proximity to top-rated schools, shopping, and transport.
- Potential for holiday rental income due to tourist appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
10.18%
5 Year Return
50.90%
10 Year Return
101.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears to be new and modern, which typically maintains or increases value.
- Local market trends in 2027: The Alicante real estate market is expected to grow steadily due to tourism and urban development.
- Property type: Apartments in a desirable location tend to appreciate well, especially with amenities and views.
- Economic outlook in 2027: Spain's economy is projected to recover and grow, supporting property value increases.
- Demographic developments: Increasing demand from both locals and expatriates for modern urban living.
- Infrastructure plans in 2027: Ongoing improvements in transportation, public services, and amenities will likely boost property values.
- Historical WOZ value trends: Past trends indicate consistent appreciation in property values in Alicante.
Possible improvements
- Adding smart home features for increased convenience.
- Upgrading interior finishes or appliances.
- Enhancing outdoor spaces or adding landscaping.
- Implementing energy-efficient upgrades to reduce costs.
Description
Experience modern living in Alicante, Spain, with these luxurious new apartments offering breathtaking city and coastal views. Located in the vibrant city of Alicante on Spain's Costa Blanca, these stylish residences feature 2 or 3 bedrooms, expansive terraces, and private solariums perfect for enjoying the Mediterranean sunshine. The gated community comprises 48 contemporary apartments with spacious 76 sqm interiors, complemented by a generous 78 sqm terrace and dedicated private parking. Each home is equipped with energy-efficient aerothermal heating, integrated air conditioning, and secure bicycle storage, ensuring comfort and convenience year-round. Residents can indulge in the communal swimming pool, sunbathe on the solarium, or take advantage of the easy access to top-rated schools, shopping centers, public transport, and the beautiful beaches just 2.7 km away. This prime location in Alicante combines urban lifestyle with coastal tranquility, making it an ideal investment opportunity for those seeking a permanent residence or holiday home in Spain. Discover the perfect blend of modern amenities and Mediterranean charm in this exceptional Alicante property.
Location
Nightly rates in the area
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