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3
Bedrooms
3
Bathrooms
119 m²
Surface area
€
€3017
Price per m²
House
Property type
+13 photos
Analysis
Price
€359.000
Own investment (30%)
€107.700
30% down payment of purchase price
Buyer costs
€35.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€114,30
Expected occupancy rate
60%
Gross rental p/m
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€0000
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Mortgage costs
-€670,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€99,17
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€312,90
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€88,79
Municipal taxes for Torrevieja
Tax
(19%)
-€110,52
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
€114,30
High season
€150
Mid season
€110,08
Low season
€89
Price determining factors
- Proximity to beaches and amenities: Prime location near Playa del Cura and local services.
- Property features: Spacious terraces, private solariums, communal pool, and modern design.
- Market demand: High demand for holiday and second homes in Torrevieja.
- Economic factors: Stable currency, low interest rates, and Spain's tourism growth.
- Local developments: New infrastructure, commercial centers, and improved transport connectivity.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
5.25%
5 Year Return
26.25%
10 Year Return
52.50%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern design, high-quality materials, and energy-efficient features enhance value.
- Local market trends in 2027: Growing demand for coastal properties on Costa Blanca, driven by tourism and expatriate influx.
- Property type: Luxury apartments with amenities appeal to high-end buyers and investors.
- Economic outlook in 2027: Positive growth in Spain's economy, increased foreign investment, and tourism boost property values.
- Demographic developments: Increasing number of retirees and expatriates seeking seaside homes.
- Infrastructure plans in 2027: Improved transportation links, new amenities, and urban development projects enhance desirability.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Possible improvements
- Adding a swimming pool or upgrading the existing communal pool.
- Renovating kitchens and bathrooms for a more modern look.
- Enhancing outdoor spaces with landscaping or outdoor furniture.
- Installing smart home technology for added convenience.
- Improving energy efficiency with solar panels or upgraded insulation.
Description
Experience modern coastal living with these new 3-bedroom apartments in Torrevieja, Spain. Located just 600 metres from the popular Playa del Cura beach, these stylish apartments offer spacious terraces and private solariums, perfect for enjoying the Mediterranean climate. This exclusive development comprises only 12 luxury homes, each 102 sqm, featuring three double bedrooms with fitted wardrobes, sleek open-plan kitchens, and living areas that open onto expansive 29 sqm terraces. Penthouses include private solariums ideal for outdoor dining or sunbathing. Residents benefit from an elevator, optional underground parking, and a rooftop communal pool with panoramic city views. Designed with comfort and sustainability in mind, the properties feature pre-installed air conditioning, thermal break double glazing, motorised shutters, and an aerothermal hot water system. Situated in vibrant Torrevieja, Spain, these apartments are close to local amenities, including shops, schools, and the seafront promenade, offering the perfect blend of coastal charm and practicality. The scenic coastline, salt flats, and nearby natural park make Torrevieja an ideal location for outdoor enthusiasts, while excellent connectivity to Alicante and Murcia airports makes it attractive for investors and second-home buyers. Discover your ideal seaside retreat in Torrevieja, Spain, with these contemporary apartments that combine comfort, style, and prime location on Spain’s Costa Blanca.
Location
Nightly rates in the area
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