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2
Bedrooms
2
Bathrooms
126 m²
Surface area
€
€3571
Price per m²
House
Property type
+16 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down payment of purchase price
Buyer costs
€45.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€99,30
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€840
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€105
{% 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
-€312,61
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€108,12
Municipal taxes for Finestrat
Tax
(19%)
-€81,07
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
€99,30
High season
€147
Mid season
€97,25
Low season
€64
Price determining factors
- Proximity to beaches, golf courses, and international schools increases desirability.
- Shared amenities like pools and gyms add value.
- The scenic Sierra Cortina location is highly attractive.
- Potential for renovation or upgrades can boost value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
3.07%
5 Year Return
15.35%
10 Year Return
30.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The modern and well-maintained interior suggests good potential for appreciation.
- Local market trends in 2027: The Costa Blanca region continues to attract international buyers and tourists, supporting property value growth.
- Property type: Apartments in a desirable area with shared amenities tend to appreciate steadily.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, boosting real estate demand.
- Demographic developments: Increasing expatriate and retiree populations in Costa Blanca contribute to sustained demand.
- Infrastructure plans in 2027: Ongoing improvements in transport and local amenities will likely enhance property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Renovate kitchen and bathrooms for modern appeal.
- Add smart home features for convenience.
- Improve outdoor spaces or balconies.
- Upgrade fixtures and finishes to premium quality.
Description
Experience modern living in the heart of Finestrat, Spain, with these contemporary apartments nestled in the scenic Sierra Cortina. These new Finestrat apartments seamlessly combine stylish design with top-notch shared amenities, making them an ideal choice for buyers seeking a vibrant Costa Blanca lifestyle. Residents can enjoy a sparkling swimming pool for sunny days, a fully equipped gym for fitness enthusiasts, and a paddle tennis court for active recreation. Families and pet owners will appreciate lush green spaces and dedicated children’s play areas, while a dedicated study room offers a quiet retreat for work or reading. Convenient elevator access ensures easy movement throughout the building. Located just minutes from pristine beaches, world-class golf courses, and prestigious international schools, these Finestrat apartments provide unparalleled convenience and quality of life. Finestrat, situated on Spain’s stunning Costa Blanca, offers a charming, tranquil environment away from the hustle of nearby Benidorm, yet remains well-connected to Alicante and major transport links. This sought-after area combines year-round sunshine, beautiful beaches, and a lively local culture, making it a prime destination for holidaymakers, retirees, and investors alike. The increasing demand for rental properties and high living standards make these Finestrat apartments a smart investment opportunity in Spain’s thriving real estate market.
Location
Nightly rates in the area
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