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House in Torrevieja, 1 bedrooms, 55 m² €168.000

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1
Bedrooms
1
Bathrooms
55 m²
Surface area
€
€3055
Price per m²
House
Property type
House in Torrevieja, 1 bedrooms, 55 m² - Hoofdafbeelding
House in Torrevieja, 1 bedrooms, 55 m² - Afbeelding 1
House in Torrevieja, 1 bedrooms, 55 m² - Afbeelding 2
House in Torrevieja, 1 bedrooms, 55 m² - Afbeelding 3
+24 photos

Analysis

Price
€168.000
Own investment (30%)
€50.400
Buyer costs
€16.800
Estimated nightly rate
€50,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€313,60
Maintenance costs
-€45,83
Cleaning costs
-€291,67
Platform fees
-€149,88
Municipal taxes
-€48,20
Tax (19%)
-€28,51
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 the beach and amenities: High desirability for both residents and tourists.
  • Property condition: Modern, well-maintained apartments attract higher prices.
  • Local tourism trends: Growing tourism increases rental and resale potential.
  • Economic stability: Spain's economic health supports property investment confidence.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

2.89%

5 Year Return

14.45%

10 Year Return

28.90%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The apartment is fully refurbished and furnished, which enhances its value and appeal.
  • Local market trends in 2027: The coastal property market in Torrevieja is expected to remain strong due to tourism and expatriate demand.
  • Property type: Modern apartments near beaches tend to appreciate well due to high demand.
  • Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting real estate appreciation.
  • Demographic developments: Increasing number of retirees and expatriates in the region will sustain demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will boost property values.
  • Historical WOZ value trends: Consistent growth in property taxes indicates rising property values.

Possible improvements

  • Adding a small swimming pool or hot tub to increase appeal.
  • Upgrading kitchen appliances or bathroom fixtures for a more luxurious feel.
  • Enhancing outdoor space with additional furniture or landscaping.
  • Installing smart home technology for modern convenience.

Description

Experience modern coastal living in the heart of Torrevieja, Spain, with these stunning new build one-bedroom apartments just 150 meters from Los Náufragos beach. Perfectly situated on Spain's Costa Blanca, this exclusive boutique development offers a blend of comfort, quality, and seaside charm. Each fully refurbished and furnished apartment features 45 sqm of spacious living area, an 8 sqm terrace ideal for outdoor relaxation, and air conditioning for year-round comfort. Located in a secure gated community, these Torrevieja apartments are close to schools, shopping centers, and convenient bus routes, making them an attractive choice for both residents and investors. Torrevieja, renowned for its beautiful beaches, vibrant lifestyle, and excellent rental potential, is an ideal destination for second-home buyers and investors seeking a laid-back Mediterranean atmosphere. The proximity to Alicante’s international airport and the region’s extensive amenities enhances accessibility and convenience. Discover the perfect blend of coastal beauty and modern living with these Torrevieja apartments, offering an exceptional opportunity to enjoy Spain’s Mediterranean lifestyle in a prime seaside location.

Location

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