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House in Torrevieja, 3 bedrooms, 116 m² €364.000

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3
Bedrooms
3
Bathrooms
116 m²
Surface area
€
€3138
Price per m²
House
Property type
House in Torrevieja, 3 bedrooms, 116 m² - Hoofdafbeelding
House in Torrevieja, 3 bedrooms, 116 m² - Afbeelding 1
House in Torrevieja, 3 bedrooms, 116 m² - Afbeelding 2
House in Torrevieja, 3 bedrooms, 116 m² - Afbeelding 3
+20 photos

Analysis

Price
€364.000
Own investment (30%)
€109.200
Buyer costs
€36.400
Estimated nightly rate
€114,30
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€679,47
Maintenance costs
-€96,67
Cleaning costs
-€333,33
Platform fees
-€312,90
Municipal taxes
-€89,85
Tax (19%)
-€109,01
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€114,30
High season
€150
Mid season
€110,08
Low season
€89

Price determining factors

  • Proximity to beaches and amenities: Highly desirable location.
  • Property condition: Modern, move-in ready condition.
  • Local market trends: Rising property prices in Torrevieja.
  • Economic factors: Strong tourism sector boosting rental yields.
  • Local developments: New infrastructure projects enhancing accessibility.
  • Amenities: Access to pools, gyms, and sea views increasing value.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

5.11%

5 Year Return

25.55%

10 Year Return

51.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern interiors increase value.
  • Local market trends in 2027: Growing tourism and real estate demand in Costa Blanca.
  • Property type: High-demand seaside apartments and penthouses.
  • Economic outlook in 2027: Stable with growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations.
  • Infrastructure plans in 2027: Continued improvements in transportation and amenities.
  • Historical WOZ value trends: Consistent appreciation reflecting regional growth.

Possible improvements

  • Adding a private balcony or terrace for outdoor space.
  • Upgrading kitchen appliances and finishes.
  • Enhancing energy efficiency with solar panels or insulation.
  • Renovating bathrooms for modern aesthetics.
  • Improving smart home features for convenience.

Description

Experience modern seaside living in this stunning new development in Punta Prima, Torrevieja, Spain. Located just 50 meters from the pristine beaches of Costa Blanca, this residential complex offers breathtaking sea views, spacious communal areas, and top-tier amenities tailored for comfort, leisure, and family enjoyment. Featuring 60 meticulously designed homes ranging from 71 to 74 square meters, each property includes a parking space and is oriented south to maximize sunlight and scenic vistas. Choose from luxurious penthouses with private solariums, ground-floor gardens, or versatile two-bedroom layouts—perfect for both relaxing and entertaining. Residents benefit from three swimming pools, lush green gardens, a fully equipped gym, sauna, paddle tennis courts, and a Jacuzzi, creating an ideal environment for active living and relaxation. Child-friendly features such as dedicated play areas and bike storage further enhance the community atmosphere. Located in Torrevieja, a vibrant city renowned for its lively cultural scene, excellent dining, and welcoming community, this property in Punta Prima offers an exceptional opportunity for investors and second-home buyers seeking a Mediterranean lifestyle. The region’s mild climate, stunning coastline, and strong tourism infrastructure, combined with proximity to Alicante Airport, make this an ideal location for both leisure and investment. Discover the perfect balance of tranquility and vibrancy in this premier property in Torrevieja, Spain, and embrace the best of Costa Blanca living.

Location

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