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House in Torrevieja, 1 bedrooms, 33 m² €234.900

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1
Bedrooms
1
Bathrooms
33 m²
Surface area
€
€7118
Price per m²
House
Property type
House in Torrevieja, 1 bedrooms, 33 m² - Hoofdafbeelding
House in Torrevieja, 1 bedrooms, 33 m² - Afbeelding 1
House in Torrevieja, 1 bedrooms, 33 m² - Afbeelding 2
House in Torrevieja, 1 bedrooms, 33 m² - Afbeelding 3
+28 photos

Analysis

Price
€234.900
Own investment (30%)
€70.470
Buyer costs
€23.490
Estimated nightly rate
€50,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€438,48
Maintenance costs
-€27,50
Cleaning costs
-€291,67
Platform fees
-€149,88
Municipal taxes
-€60,31
Tax (19%)
-€5,96
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€50,54
High season
€67
Mid season
€49,25
Low season
€39

Price determining factors

  • Proximity to beaches and amenities: Close to beaches and urban facilities increases desirability.
  • Development quality: The modern design and communal facilities add value.
  • Location: Central Torrevieja is a sought-after area for both living and investment.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

0.43%

5 Year Return

2.15%

10 Year Return

4.30%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The property is new build, which typically means minimal maintenance costs and high appeal to buyers and renters.
  • Local market trends in 2027: The Costa Blanca region is expected to continue attracting both tourists and expatriates, supporting property value growth.
  • Property type: Modern apartments in a desirable coastal area tend to appreciate well due to high demand.
  • Economic outlook in 2027: Spain's economy is projected to recover steadily post-pandemic, boosting real estate investments.
  • Demographic developments: An increasing number of retirees and holidaymakers in the region will sustain demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will enhance property values.
  • Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.

Possible improvements

  • Adding a modern kitchen or bathroom upgrades.
  • Installing smart home technology.
  • Enhancing outdoor space with additional landscaping or furniture.

Description

Experience contemporary coastal living in this new build apartment development in Torrevieja, Spain. Located just 600 meters from pristine beaches and close to vibrant amenities, these spacious one-bedroom apartments offer an ideal blend of comfort and convenience. Each unit features an 18 m² terrace perfect for enjoying the Mediterranean climate, with a total usable space of 30 m² designed for modern urban lifestyles. Residents can indulge in luxurious communal facilities, including a rooftop heated glass swimming pool accessible via elevator, making relaxation effortless. Situated in the heart of Torrevieja, known for its lively promenade, beautiful beaches, and excellent local services, these properties are perfect for holidaymakers, retirees, or savvy property investors seeking a profitable opportunity in Spain’s Costa Blanca. The development’s proximity to schools, shopping centers, and transport links enhances daily convenience, while the vibrant city atmosphere provides cultural attractions and outdoor activities. With its prime location and contemporary design, this new build in Torrevieja offers a rare opportunity to own a modern coastal home or investment property in Spain, combining seaside serenity with urban vibrancy.

Location

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