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3
Bedrooms
3
Bathrooms
128 m²
Surface area
€
€2265
Price per m²
House
Property type
+17 photos
Analysis
Price
€289.900
Own investment (30%)
€86.970
30% down payment of purchase price
Buyer costs
€28.990
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
-€541,15
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€106,67
{% 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
-€312,90
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€74,10
Municipal taxes for Torrevieja
Tax
(19%)
-€136,39
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 tourist attractions: Enhances rental and resale value.
- Quality of amenities: The pool, landscaped gardens, and secure environment increase desirability.
- Property condition: Modern finishes and well-maintained spaces support higher prices.
- Economic factors: Stable tourism industry and economic growth in Spain.
- Local developments: Planned infrastructure improvements and community enhancements.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
8.02%
5 Year Return
40.10%
10 Year Return
80.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears modern and well-maintained, which supports steady appreciation.
- Local market trends in 2027: The Costa Blanca region, including Torrevieja, is expected to continue attracting both tourists and residents, supporting property value growth.
- Property type: Apartments in a desirable location near beaches and amenities tend to appreciate well.
- Economic outlook in 2027: Spain's economy is projected to remain stable with growth in tourism and real estate sectors.
- Demographic developments: Increasing foreign investment and retiree influx support demand for properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and local amenities will likely boost property values.
- Historical WOZ value trends: Past trends indicate consistent appreciation, especially in high-demand coastal areas.
Possible improvements
- Adding a private pool or hot tub.
- Upgrading kitchen appliances and finishes.
- Enhancing outdoor spaces with additional landscaping or outdoor furniture.
- Installing smart home technology for convenience and security.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover the stunning new apartments for sale in Torrevieja, Spain, a premier destination on the Costa Blanca. This exclusive development offers 30 modern, high-quality apartments in a prime location near the iconic Pink Lagoon. Whether you seek a holiday home or a smart investment, these Torrevieja apartments deliver breathtaking sea views, spacious living areas, and top-tier finishes. Each apartment features private outdoor spaces such as terraces, solariums, or gardens, designed to maximize natural light and spectacular vistas of the Mediterranean. The complex amenities include a large swimming pool, lush landscaped gardens, and green zones perfect for relaxation, all within a secure and tranquil environment. Convenient parking and easy access to Torrevieja’s renowned beaches and the nearby Orihuela Costa make this property an ideal choice for those wanting to embrace the relaxed Spanish coastal lifestyle. Renowned for its vibrant culture, beautiful coastline, and proximity to Alicante’s international airport, Torrevieja is a sought-after location for property buyers and investors alike. With stable property values and a thriving rental market, investing in these Torrevieja apartments ensures both a luxurious residence and a promising return on investment. Experience the best of Spain’s Costa Blanca with this exceptional property opportunity in Torrevieja, Spain.
Location
Nightly rates in the area
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