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1
Bedrooms
1
Bathrooms
34 m²
Surface area
€
€5824
Price per m²
House
Property type
+9 photos
Analysis
Price
€198.000
Own investment (30%)
€59.400
30% down payment of purchase price
Buyer costs
€19.800
Buyer costs: 10% of purchase price
Estimated nightly rate
€50,54
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€369,60
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€28,33
{% 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
-€149,88
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€54,58
Municipal taxes for Torrevieja
Tax
(19%)
-€19,98
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
€50,54
High season
€67
Mid season
€49,25
Low season
€39
Price determining factors
- Proximity to El Cura Beach and amenities increases desirability.
- Tourism growth in Torrevieja and Costa Blanca.
- Potential for holiday rental income.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
1.72%
5 Year Return
8.60%
10 Year Return
17.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern interiors and amenities enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in Costa Blanca.
- Property type: Compact apartments are popular for holiday rentals and small families.
- Economic outlook in 2027: Positive economic growth in Spain, boosting real estate investments.
- Demographic developments: Increasing number of retirees and expatriates seeking seaside living.
- Infrastructure plans in 2027: Continued improvements in transportation, healthcare, and leisure facilities.
- Historical WOZ value trends: Steady increase reflecting rising property values in Torrevieja.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home features for modern appeal.
- Enhance outdoor space with additional furniture or landscaping.
- Renovate bathroom for a more luxurious feel.
Description
Discover modern coastal apartments in Torrevieja, Spain, just 250 meters from El Cura Beach. These stylish 1-bedroom apartments are ideal for those seeking a comfortable seaside lifestyle or a lucrative investment in Spain. Each apartment features bright interiors, a private 4 m² terrace perfect for outdoor relaxation, pre-installed air conditioning, and elevator access for ease of living. The exclusive complex also offers a communal swimming pool, making it an attractive choice for both permanent residents and holidaymakers. Located near schools, shopping centers, and convenient public transport routes, these Torrevieja apartments combine convenience with coastal charm in the heart of Spain's Costa Blanca. Torrevieja is renowned for its stunning beaches, vibrant promenade, and pleasant climate, making it a sought-after destination for real estate buyers. With easy access to Alicante airport and nearby golf courses, investing in these Torrevieja apartments offers excellent potential for holiday rentals or permanent living on the sunny coast of Spain.
Location
Nightly rates in the area
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