You can view 2 more properties. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
101 m²
Surface area
€
€3059
Price per m²
House
Property type
+7 photos
Analysis
Price
€309.000
Own investment (30%)
€92.700
30% down payment of purchase price
Buyer costs
€30.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,16
Expected occupancy rate
66%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€576,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€84,17
{% 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
-€223,31
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€78,16
Municipal taxes for Torrevieja
Tax
(19%)
-€44,58
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
€74,16
High season
€100
Mid season
€72,17
Low season
€56
Price determining factors
- Proximity to the beach and amenities: Enhances desirability and rental income potential.
- Quality of finishes and modern design: Attracts higher-paying tenants and buyers.
- Rental potential: High demand for holiday rentals can increase income and property value.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
2.46%
5 Year Return
12.30%
10 Year Return
24.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears to be new and modern, which typically supports higher appreciation.
- Local market trends in 2027: The Spanish coastal property market has been historically resilient, with continued demand from both tourists and residents.
- Property type: Apartments in a desirable coastal location tend to appreciate well due to high demand.
- Economic outlook in 2027: Spain's economy is expected to remain stable with growth in tourism and real estate sectors.
- Demographic developments: Increasing urbanization and interest in coastal living support property value growth.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities in Torrevieja are likely to boost property values.
- Historical WOZ value trends: Historically, WOZ values in Torrevieja have shown steady growth, reflecting rising property values.
Possible improvements
- Adding a modern kitchen or bathroom upgrades.
- Enhancing outdoor spaces or terraces.
- Implementing smart home features for convenience and energy efficiency.
- Improving building amenities or adding communal facilities.
Description
Experience modern coastal living with these stunning new build apartments in Torrevieja, Spain. Located just 600 meters from the Mediterranean Sea, these stylish 1- and 2-bedroom homes feature contemporary design, high-quality finishes, and excellent amenities. Each apartment offers approximately 90 sqm of bright, open-plan living space, including a spacious 19 sqm terrace ideal for outdoor relaxation. Enjoy year-round comfort with pre-installed ducted air conditioning and modern fixtures, complemented by building features such as an elevator, rooftop solarium with a communal pool, and dedicated parking for bicycles and e-scooters. Situated in central Torrevieja, these apartments are close to the beach, schools, shopping centers, and public transport, making them perfect for both holiday homes and investment opportunities. Discover the vibrant lifestyle of Torrevieja, a renowned coastal city on Spain’s Costa Blanca known for its over 300 days of sunshine annually, beautiful beaches, lively marina, and excellent water sports. The region offers a mild climate, stunning coastline, and diverse outdoor activities, attracting residents and tourists year-round. With excellent rental potential and proximity to Alicante’s international airport, these properties in Torrevieja provide an ideal blend of coastal tranquility and urban convenience. Whether seeking a primary residence, holiday home, or investment property, these modern apartments in Torrevieja, Spain, represent a prime opportunity to enjoy the best of Mediterranean living.
Location
Nightly rates in the area
Questions? Chat with us!