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3
Bedrooms
3
Bathrooms
110 m²
Surface area
€
€3182
Price per m²
House
Property type
+33 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
€115,32
Expected occupancy rate
60%
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
-€91,67
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€315,69
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€86,88
Municipal taxes for Torrevieja
Tax
(19%)
-€118,50
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
€115,32
High season
€151
Mid season
€111,25
Low season
€90
Price determining factors
- Proximity to beaches and amenities: Enhances desirability.
- Property condition: New construction and move-in ready.
- Community amenities: Pool, security, parking add value.
- Economic factors: Stable local economy, tourism growth.
- Local developments: Infrastructure improvements and urban planning.
- Market demand: High for modern coastal homes.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
5.77%
5 Year Return
28.85%
10 Year Return
57.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Newly built and fully furnished, likely to attract buyers and renters.
- Local market trends in 2027: Growing tourism and expatriate interest in Torrevieja support property value.
- Property type: Modern ground-floor home with amenities, appealing to a broad market.
- Economic outlook in 2027: Stable with potential growth due to tourism and infrastructure development.
- Demographic developments: Increasing expatriate and retiree populations boosting demand.
- Infrastructure plans in 2027: Improved transportation and amenities enhancing property appeal.
- Historical WOZ value trends: Consistent increase reflecting rising property values.
Possible improvements
- Adding a rooftop terrace or balcony for outdoor space.
- Upgrading kitchen appliances or finishes for higher appeal.
- Installing smart home features for modern convenience.
- Enhancing outdoor landscaping and garden areas.
- Adding energy-efficient systems to reduce utility costs.
Description
Discover modern ground floor homes in Torrevieja, Spain, perfect for those seeking comfortable coastal living. Built in 2024, these fully furnished, move-in-ready residences offer an ideal blend of contemporary design and practicality, just 1 km from the stunning beaches of Torrevieja. Each spacious 3-bedroom, 2-bathroom home encompasses 117 m² of thoughtfully planned living space, featuring an open-concept kitchen with a stylish island and integrated appliances that flow seamlessly into a bright living area. Step outside to your private northwest-facing terrace, perfect for outdoor relaxation and enjoying the Mediterranean climate.
Residents benefit from exclusive community amenities, including a refreshing swimming pool surrounded by lush green landscapes, creating a tranquil environment. Security is enhanced with a video intercom and security door, while parking is simplified with a spacious private garage. Additional features include pre-installed air conditioning for year-round comfort and proximity to essential amenities.
Located just 33 km from Alicante Airport and 13 km from renowned golf courses, these homes in Torrevieja provide the perfect balance of tranquility and accessibility. Torrevieja, a vibrant coastal city on Spain’s Costa Blanca, is famous for its stunning beaches, salt lakes, lively dining scene, and excellent infrastructure, making it a top choice for property buyers and investors alike. The broader Costa Blanca region offers diverse coastal charm and inland beauty, attracting those who desire sun, sea, and culture. Invest in your Mediterranean lifestyle with these exceptional properties in Torrevieja, Spain.
Location
Nightly rates in the area
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