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2
Bedrooms
2
Bathrooms
107 m²
Surface area
€
€3654
Price per m²
House
Property type
+12 photos
Analysis
Price
€391.000
Own investment (30%)
€117.300
30% down payment of purchase price
Buyer costs
€39.100
Buyer costs: 10% of purchase price
Estimated nightly rate
€85,89
Expected occupancy rate
60%
Gross rental p/m
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€0000
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Mortgage costs
-€729,87
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€89,17
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€235,12
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€95,59
Municipal taxes for Cartagena
Tax
(19%)
-€23,95
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
€85,89
High season
€106
Mid season
€83,50
Low season
€65
Price determining factors
- Proximity to the sea and scenic views.
- High-end amenities like pools, spa, and landscaped gardens.
- Location within a vibrant city with good connectivity.
- Modern construction and finishes.
- Potential for holiday rental income.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
1.04%
5 Year Return
5.20%
10 Year Return
10.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern, high-end finishes and amenities increase attractiveness and value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in Cartagena, driven by tourism and expatriate influx.
- Property type: Luxury apartments with sea views are highly desirable and tend to appreciate well.
- Economic outlook in 2027: Spain's economy is expected to remain stable with growth in tourism and real estate sectors.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living boost demand.
- Infrastructure plans in 2027: Improved transportation and amenities in Cartagena will enhance property values.
- Historical WOZ value trends: Consistent appreciation in property taxes indicates rising property values.
Possible improvements
- Adding smart home technology.
- Upgrading kitchen and bathroom fixtures.
- Enhancing outdoor spaces with additional landscaping or outdoor furniture.
- Implementing energy-efficient appliances and solar panels.
- Improving security features.
Description
Experience luxurious modern living in Cartagena, Spain, with these exclusive new apartments in the vibrant heart of the city. Featuring 42 contemporary residences, each with spacious terraces and panoramic sea views, this premium development offers an unmatched lifestyle in one of Spain's most sought-after coastal destinations. These Cartagena apartments range from 108 m² to 134 m², with two or three bedrooms designed to maximize natural light through large exterior windows. Step onto your private terrace and enjoy breathtaking views of the Mediterranean Sea, perfect for relaxing or entertaining. The residence boasts a communal swimming pool, beautifully landscaped gardens, private parking, and secure access, including automated gates and pedestrian entry for peace of mind. High-end finishes in kitchens and bathrooms, along with energy-efficient aerothermal climate control, ensure modern comfort year-round. Residents also benefit from exclusive amenities such as a spa, private storage rooms, and proximity to shopping, leisure, and sports facilities. Located in Cartagena, Spain, this development offers excellent connectivity via nearby international airports and major roadways, making it ideal for both holiday rentals and long-term investments. Discover the perfect blend of historic charm and contemporary luxury in Cartagena—the jewel of the Costa Cálida—where natural beauty, vibrant culture, and modern convenience come together in this exceptional Spanish property.
Location
Nightly rates in the area
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