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2
Bedrooms
2
Bathrooms
77 m²
Surface area
€
€4221
Price per m²
House
Property type
+17 photos
Analysis
Price
€325.000
Own investment (30%)
€97.500
30% down payment of purchase price
Buyer costs
€32.500
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
-€606,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€64,17
{% 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
-€81,56
Municipal taxes for Torrevieja
Tax
(19%)
-€42,06
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
€74,16
High season
€100
Mid season
€72,17
Low season
€56
Price determining factors
- Property condition: Modern, well-maintained units command higher prices.
- Local market trends in 2027: Growing demand for coastal properties in Spain.
- Property type: Apartments in a gated complex with amenities attract premium prices.
- Economic outlook in 2027: Economic stability and growth support higher property prices.
- Demographic developments: Population growth and expatriate influx increase demand.
- Infrastructure plans in 2027: Planned enhancements in transport and services elevate property prices.
- Historical WOZ value trends: Rising property taxes reflect increasing property values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
2.21%
5 Year Return
11.05%
10 Year Return
22.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears new and modern, which typically supports higher appreciation.
- Local market trends in 2027: The Costa Blanca region has a strong tourism and expatriate community, likely to sustain property demand.
- Property type: Apartments in a desirable location with amenities tend to appreciate well.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, supporting real estate investments.
- Demographic developments: Increasing expatriate and retiree populations in Spain boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities support property values.
- Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.
Possible improvements
- Adding a modern kitchen upgrade.
- Enhancing outdoor living spaces or terraces.
- Installing smart home technology.
- Improving energy efficiency (solar panels, insulation).
Description
Experience modern living in the heart of Torrevieja, Spain, with these brand new 2-bedroom, 2-bathroom apartments in the sought-after La Hoya neighborhood. These contemporary Torrevieja apartments boast spacious 62 m² interiors complemented by expansive 76 m² terraces and solariums, perfect for enjoying the Mediterranean climate. Each apartment features two double bedrooms, including a master with an ensuite bathroom, a separate laundry area, and premium fixtures throughout. The gated complex offers elevator access, underground parking with a private space, and storage rooms, ensuring convenience and security. Residents can indulge in a range of amenities such as a communal swimming pool, fully equipped gym, and beautifully landscaped gardens. Families will appreciate the nearby children’s playground, schools, and easy access to bus routes. Just 3.5 km from pristine beaches with breathtaking sea views from select units, these Torrevieja apartments are ideal for beach lovers, investors, or those seeking the vibrant Costa Blanca lifestyle. Pre-installed air conditioning ensures comfort during hot summer months. Located in Torrevieja, Spain, these properties offer a perfect blend of coastal tranquility and urban convenience, making them a prime opportunity for real estate investment in Spain.
Location
Nightly rates in the area
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