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2
Bedrooms
2
Bathrooms
131 m²
Surface area
€
€2679
Price per m²
House
Property type
+7 photos
Analysis
Price
€350.900
Own investment (30%)
€105.270
30% down payment of purchase price
Buyer costs
€35.090
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,92
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€655,01
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€109,17
{% 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
-€222,18
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€87,07
Municipal taxes for Torrevieja
Tax
(19%)
-€22,06
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.
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Log inNightly Rates
Estimated nightly rate
€74,92
High season
€100
Mid season
€72,83
Low season
€57
Price determining factors
- Property condition: Modern, high-quality finishes increase value.
- Local market trends in 2027: Rising property prices driven by tourism and expatriate demand.
- Property type: Apartments in a sought-after coastal area tend to appreciate more.
- Economic outlook in 2027: Economic stability and growth support property appreciation.
- Demographic developments: Growing population of retirees and expatriates increases demand.
- Infrastructure plans in 2027: New developments and improvements in local infrastructure.
- Historical WOZ value trends: Increasing WOZ values reflect rising property market.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
1.07%
5 Year Return
5.35%
10 Year Return
10.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern apartments tend to appreciate faster.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in Costa Blanca.
- Property type: Apartments in a desirable location with amenities boost appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and increased tourism support property value.
- Demographic developments: Increasing expatriate and retiree populations in Torrevieja.
- Infrastructure plans in 2027: Improvements in transportation and local amenities enhance property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home technology for enhanced convenience.
- Improve outdoor spaces, such as balcony or terrace enhancements.
- Renovate bathrooms with modern fixtures.
- Implement energy-efficient systems to reduce utility costs.
Description
Discover luxurious living in Torrevieja, Spain, with these stunning new apartments nestled just minutes from the Mediterranean coast. These modern Torrevieja apartments offer the perfect blend of comfort, style, and convenience, making them an ideal choice for both holidaymakers and permanent residents. Each spacious apartment features approximately 87 square meters with two large bedrooms and two contemporary bathrooms, designed to maximize natural light and space. The open-plan living area seamlessly connects to a fully equipped kitchen, leading out to a private balcony or terrace—perfect for enjoying the Mediterranean climate. Top-floor units boast expansive solarium terraces with breathtaking sea views, ideal for sunbathing or entertaining guests. Practical amenities include fitted wardrobes, air conditioning, electric heating, and an included garage space, with an elevator providing easy access. Residents can relax in beautifully landscaped gardens or take a refreshing swim in the communal pool. Located in the vibrant coastal city of Torrevieja, these apartments offer proximity to pristine beaches, lively markets, and excellent amenities. The thriving real estate market in Torrevieja, Spain, attracts investors and homeowners seeking value and quality of life along the Costa Blanca. Enjoy effortless access to Alicante’s international airport and explore the rich natural beauty and lively culture of this highly desirable Spanish destination. This is your chance to own a stylish, well-appointed apartment in one of Spain’s most sought-after coastal locations.
Location
Nightly rates in the area
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