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2
Bedrooms
2
Bathrooms
66 m²
Surface area
€
€5303
Price per m²
House
Property type
+9 photos
Analysis
Price
€350.000
Own investment (30%)
€105.000
30% down payment of purchase price
Buyer costs
€35.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,16
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€653,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€55
{% 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
-€86,88
Municipal taxes for Torrevieja
Tax
(19%)
-€33,93
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
€74,16
High season
€100
Mid season
€72,17
Low season
€56
Price determining factors
- Proximity to the beach and amenities: High desirability increases property value.
- Property size and features: Spacious terraces and modern interiors add value.
- Location: Central Torrevieja with good transport links and local services.
- Market demand: High demand for holiday rentals and permanent residences.
- Economic factors: Stable local economy and tourism industry support prices.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
1.65%
5 Year Return
8.25%
10 Year Return
16.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern apartments with recent upgrades enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular destinations like Torrevieja.
- Property type: Apartments in a desirable location near the beach attract higher appreciation.
- Economic outlook in 2027: Positive economic growth in Spain and increased foreign investment support property appreciation.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities boost property appeal.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen and bathroom fixtures for modern appeal.
- Add smart home technology to increase convenience and value.
- Improve outdoor spaces or add a small garden or balcony.
- Renovate common areas or lobby to enhance building appeal.
- Implement energy-efficient solutions to reduce utility costs.
Description
Discover the epitome of coastal living in Torrevieja, Spain, with these modern apartments just 60 meters from El Acequion Beach. This exclusive development offers 23 stylish one to three-bedroom properties featuring spacious terraces, optional underground parking, and a stunning rooftop pool with panoramic sea views. Located in the vibrant heart of Torrevieja, these homes provide easy access to the town's top amenities, including schools, shopping centers, and excellent transport links, making them ideal for year-round residence, holiday getaways, or investment opportunities in Spain. Each apartment boasts 45 m² of functional living space, two double bedrooms, pre-installed air conditioning, and large terraces of 24 m²—perfect for outdoor relaxation. The building is equipped with an elevator for convenience and a communal rooftop pool for enjoying Mediterranean sunshine and sea breezes. Torrevieja, renowned for its beautiful beaches, lively salt flats, and exceptional climate, is one of Spain’s most sought-after coastal destinations. Its close proximity to Alicante Airport and vibrant city life offers easy travel and exploration. Whether seeking a permanent home or a lucrative holiday rental, these properties in Torrevieja provide exceptional value and a premium Mediterranean lifestyle. Experience the best of Spain’s Costa Blanca with this prime coastal property in Torrevieja, an ideal location for discerning buyers and investors seeking the perfect blend of comfort, convenience, and seaside charm.
Location
Nightly rates in the area
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