You can view 2 more properties. Log in for unlimited access.
1
Bedrooms
1
Bathrooms
51 m²
Surface area
€
€3824
Price per m²
House
Property type
+17 photos
Analysis
Price
€195.000
Own investment (30%)
€58.500
30% down payment of purchase price
Buyer costs
€19.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€50,54
Expected occupancy rate
65%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€364
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€42,50
{% 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
-€53,94
Municipal taxes for Torrevieja
Tax
(19%)
-€18,47
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
€50,54
High season
€67
Mid season
€49,25
Low season
€39
Price determining factors
- Proximity to beaches and amenities: High desirability increases property value.
- Property condition: New construction minimizes immediate repair costs, maintaining value.
- Location: Close to beaches, schools, shopping, and transport increases attractiveness.
- Economic factors: Spain's economic growth, tourism trends, and exchange rates influence prices.
- Local developments: New infrastructure, commercial projects, and urban renewal projects can boost value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
1.62%
5 Year Return
8.10%
10 Year Return
16.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: New build homes typically appreciate well due to modern standards and low maintenance costs.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular tourist destinations like Torrevieja.
- Property type: Modern apartments in a desirable location tend to have steady appreciation.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, supporting real estate appreciation.
- Demographic developments: Increasing interest from international buyers and retirees boosts demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities enhance property values.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Adding a swimming pool or upgrading the terrace.
- Enhancing interior finishes and modern appliances.
- Improving energy efficiency with solar panels or better insulation.
- Adding smart home features for modern convenience.
Description
Experience modern coastal living with these new build homes in Torrevieja, Spain, located just a 5-minute walk from the beautiful Los Locos beach. This exclusive residential development offers stylish 1 to 3 bedroom properties featuring spacious terraces, perfect for enjoying the Mediterranean sunshine. The gated community includes 16 contemporary homes equipped with elevators for easy access, along with premium amenities such as a community Jacuzzi, sauna, and relaxing chill-out area. For added convenience, underground parking is available. Situated only 350 meters from the sandy shores of Torrevieja, these homes provide quick access to local schools, shopping centers, and bus routes, making it an ideal location for both permanent residents and holidaymakers. Each property comes with pre-installed air conditioning and offers approximately 44 m² of comfortable living space, perfect for cozy living or investment purposes. Located in the vibrant coastal town of Torrevieja, renowned for its stunning beaches, salt lagoons, and rich cultural history, these new build homes in Torrevieja, Spain, present an excellent opportunity to enjoy a relaxed yet connected lifestyle on Spain’s Costa Blanca. Proximity to Alicante and Murcia airports further enhances the appeal for international buyers seeking a profitable investment or a serene coastal retreat.
Location
Nightly rates in the area
Questions? Chat with us!