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House in Torrevieja, 2 bedrooms, 100 m² €370.000

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2
Bedrooms
2
Bathrooms
100 m²
Surface area
€3700
Price per m²
House
Property type
House in Torrevieja, 2 bedrooms, 100 m² - Hoofdafbeelding
House in Torrevieja, 2 bedrooms, 100 m² - Afbeelding 1
House in Torrevieja, 2 bedrooms, 100 m² - Afbeelding 2
House in Torrevieja, 2 bedrooms, 100 m² - Afbeelding 3
+42 photos

Analysis

Price
€370.000
Own investment (30%)
€111.000
Buyer costs
€37.000
Estimated nightly rate
€74,16
Expected occupancy rate
66%
Gross rental p/m
€0000
Mortgage costs
-€690,67
Maintenance costs
-€83,33
Cleaning costs
-€291,67
Platform fees
-€223,31
Municipal taxes
-€91,12
Tax (19%)
-€20,65
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€74,16
High season
€100
Mid season
€72,17
Low season
€56

Price determining factors

  • Proximity to the Mediterranean Sea and local attractions.
  • Modern design and amenities including communal pool and fitness area.
  • Location within a developing area near the city center.
  • High demand for holiday rentals and second homes.

Comparable accommodations

Rate Hotel / apartment Distance
€146,20 Villa with sea views 8.6 km
€75,33 with fantastic views of the orange orchard! 4.5 km
€112 Luxury and Modern Penthouse + Roof Terrace with Sea View 4.7 km
€96,40 Rooftop Sea Views · Quiet Gated Community · Pools 9.0 km
€94,80 Apartment with Roof Terrace and Heated Pool 2.3 km
€86,80 Mar & Relax 7.8 km
€89 Design Chalet mit grosser Terrasse nah Strand 1.6 km
€91 Sunlit Bungalow with Private Garden 3.2 km
€83,60 Apartment La Siesta in la Torre for 4Pax (HHH) 14.3 km
€232,80 Romantic villa in a quiet area 17.2 km

Return & Value appreciation

Annual return

0.71%

5 Year Return

3.55%

10 Year Return

7.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interior with pre-installed air conditioning enhances value.
  • Local market trends in 2027: Growing demand for seaside properties in Torrevieja due to tourism and expatriate influx.
  • Property type: Bungalow in a secure gated community with amenities appeals to both investors and residents.
  • Economic outlook in 2027: Spain's economy is expected to continue stable growth, supporting real estate appreciation.
  • Demographic developments: Increasing expatriate and retiree population in Costa Blanca boosts demand.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities will likely increase property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Adding a small garden or outdoor furniture to enhance terrace appeal.
  • Upgrading kitchen appliances or finishes for higher-end market appeal.
  • Installing smart home features for added convenience.
  • Enhancing landscaping around the property.

Description

Discover this stunning coastal design bungalow in Torrevieja, Spain, just 250 meters from the beautiful Mediterranean Sea. Perfectly situated in a newly developed area near the vibrant center of Torrevieja, this modern property combines comfort, convenience, and seaside charm. Spanning 77 sqm, the stylish bungalow features two spacious double bedrooms, a 14 sqm terrace ideal for soaking up the sun and enjoying sea breezes, and an open-plan living area. Located within a secure gated community, residents enjoy access to lush gardens, a sparkling communal pool, and a fitness area—perfect for an active lifestyle. The property also includes one parking space and pre-installed air conditioning for maximum comfort. Its prime location offers easy access to local shops, restaurants, schools, and public transportation, making it an ideal choice for both permanent residence and holiday investment in Torrevieja. Renowned for its lively marina, stunning beaches, and vibrant cultural scene, Torrevieja in Spain’s Costa Blanca continues to attract real estate investors and second-home buyers seeking a high-quality Mediterranean lifestyle. This coastal bungalow presents a fantastic opportunity to enjoy the best of Torrevieja’s seaside living with all amenities within reach.

Location

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