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House in Torrevieja, 1 bedrooms, 60 m² €155.000

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1
Bedrooms
1
Bathrooms
60 m²
Surface area
€
€2583
Price per m²
House
Property type
House in Torrevieja, 1 bedrooms, 60 m² - Hoofdafbeelding
House in Torrevieja, 1 bedrooms, 60 m² - Afbeelding 1
House in Torrevieja, 1 bedrooms, 60 m² - Afbeelding 2
House in Torrevieja, 1 bedrooms, 60 m² - Afbeelding 3
+10 photos

Analysis

Price
€155.000
Own investment (30%)
€46.500
Buyer costs
€15.500
Estimated nightly rate
€51,39
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage costs
-€289,33
Maintenance costs
-€50
Cleaning costs
-€291,67
Platform fees
-€152,40
Municipal taxes
-€45,44
Tax (19%)
-€35,56
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€51,39
High season
€68
Mid season
€50,08
Low season
€39

Price determining factors

  • Proximity to beaches, marinas, and amenities increases desirability.
  • Quality of community facilities and amenities.
  • Property's modern features and furnishings.
  • Potential for rental income from holiday rentals.
  • Local economic stability and growth prospects.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

3.91%

5 Year Return

19.55%

10 Year Return

39.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern finishes enhance value.
  • Local market trends in 2027: Growing demand for coastal properties in Spain.
  • Property type: Apartments in a popular holiday and residential area.
  • Economic outlook in 2027: Positive, with steady growth in Spain's tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations seeking coastal living.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities in Torrevieja.
  • Historical WOZ value trends: Consistent appreciation reflecting local development and demand.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home technology for increased appeal.
  • Enhance outdoor spaces with landscaping or furniture.
  • Renovate bathroom for modern aesthetics.
  • Improve energy efficiency with additional solar panels or insulation.

Description

Experience stylish coastal living in this modern residential development in Torrevieja, Spain. Located just minutes from the Mediterranean Sea, this vibrant city offers an ideal setting for both year-round residence and holiday investment. The property features a sophisticated six-floor building comprising 35 bright, spacious apartments with 1, 2, or 3 bedrooms, tailored for comfort and contemporary living. Residents enjoy exclusive access to a heated saltwater pool, a Finnish sauna, and relaxing chill-out zones, perfect for unwinding after a day at the beach. Each home comes fully finished with modern appliances, furnished kitchens, and central climate control to ensure maximum comfort. Private terraces and a rooftop solarium offer stunning views of Torrevieja’s scenic coastline and salt lakes. Additional amenities include underground parking with automatic doors, an elevator for easy access, and community solar panels that enhance energy efficiency. Situated in the heart of Torrevieja, this property benefits from proximity to pristine beaches, green parks, lively marinas, and excellent local amenities, making it an attractive choice for property buyers seeking a seaside lifestyle in Spain. With easy access to Alicante Airport and renowned golf courses, this Torrevieja property embodies the perfect blend of comfort, convenience, and coastal charm, ideal for investors and second-home buyers alike.

Location

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