You can view 2 more properties. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
71 m²
Surface area
€
€4775
Price per m²
House
Property type
+3 photos
Analysis
Price
€339.000
Own investment (30%)
€101.700
30% down payment of purchase price
Buyer costs
€33.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€85,29
Expected occupancy rate
63%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€632,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€59,17
{% 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
-€245,16
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€84,54
Municipal taxes for Mil Palmeras
Tax
(19%)
-€61
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€85,29
High season
€104
Mid season
€83,33
Low season
€69
Price determining factors
- Proximity to beaches and amenities.
- Quality of community facilities such as pools and gardens.
- Modern features like air conditioning and double glazing.
- Potential for rental income due to tourist demand.
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: Modern finishes and new development enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Spain.
- Property type: Apartments and bungalows are popular for holiday rentals.
- Economic outlook in 2027: Stable with potential growth due to tourism and infrastructure.
- Demographic developments: Increasing expatriate and retiree populations.
- Infrastructure plans in 2027: Improved transportation and amenities in Mil Palmeras.
Possible improvements
- Upgrade kitchen and bathroom fixtures.
- Add smart home features for modern living.
- Enhance outdoor spaces with landscaping.
- Improve energy efficiency with solar panels or better insulation.
Description
Discover modern apartments and bungalows in Mil Palmeras, Spain, just 600 meters from one of the Mediterranean's most beautiful beaches. These stylish 2-bedroom homes in a secure gated community offer spacious terraces with sea, garden, and pool views, high-quality finishes, and access to communal pools, lush gardens, and parking facilities. Located in the sought-after coastal town of Mil Palmeras on Spain's Costa Blanca, this new development features 24 apartments and 12 bungalows within a vibrant neighborhood close to golf courses, shops, marinas, and the beach. Priced from €299,000 to €345,000, each residence spans approximately 71m² of living space and includes modern features like pre-installed air conditioning, open-plan kitchens, built-in wardrobes, and double glazing. The community is designed for comfort and security, with landscaped gardens, a lift, private terraces, and EV charging stations. Mil Palmeras is renowned for its relaxed seaside atmosphere, excellent rental potential, and proximity to Alicante’s international airport, making it an ideal choice for both investment and holiday home buyers. Experience the best of Spain’s Costa Blanca with this exceptional property in Mil Palmeras, offering a perfect blend of coastal beauty, modern living, and investment opportunity.
Location
Nightly rates in the area
Questions? Chat with us!