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House in Torrevieja, 3 bedrooms, 154 m² €550.000

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3
Bedrooms
3
Bathrooms
154 m²
Surface area
€
€3571
Price per m²
House
Property type
House in Torrevieja, 3 bedrooms, 154 m² - Hoofdafbeelding
House in Torrevieja, 3 bedrooms, 154 m² - Afbeelding 1
House in Torrevieja, 3 bedrooms, 154 m² - Afbeelding 2
House in Torrevieja, 3 bedrooms, 154 m² - Afbeelding 3
+18 photos

Analysis

Price
€550.000
Own investment (30%)
€165.000
Buyer costs
€55.000
Estimated nightly rate
€113,84
Expected occupancy rate
60%
Gross rental p/m
€0000
Mortgage costs
-€1.026,67
Maintenance costs
-€128,33
Cleaning costs
-€333,33
Platform fees
-€311,64
Municipal taxes
-€129,38
Tax (19%)
-€28,16
Cashflow p.m.
Earned back in
00months

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Nightly Rates

Estimated nightly rate
€113,84
High season
€150
Mid season
€109,92
Low season
€89

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • Tourism growth in Costa Blanca boosts rental and resale value.
  • Property features like private pool, garden, and garage add value.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

0.87%

5 Year Return

4.35%

10 Year Return

8.70%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained, move-in ready, fully furnished, which enhances its appeal and value.
  • Local market trends in 2027: Expected growth in tourism and expatriate population in Torrevieja, boosting property demand.
  • Property type: Mediterranean-style villa with outdoor amenities, attractive to buyers and renters.
  • Economic outlook in 2027: Positive economic growth in Spain, with increased foreign investment and tourism.
  • Demographic developments: Growing expatriate and retiree communities seeking coastal properties.
  • Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and local amenities that support property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Upgrade kitchen appliances and cabinetry for modern appeal.
  • Add solar panels or energy-efficient systems to reduce costs and attract eco-conscious buyers.
  • Enhance outdoor living spaces with new furniture or landscaping.
  • Install smart home technology for added convenience and security.

Description

Discover this charming Mediterranean-style villa in Torrevieja, Spain, an ideal choice for those seeking a turnkey property on the Costa Blanca. This beautifully maintained villa features 125 sqm of spacious living area, including three double bedrooms and four bathrooms, making it perfect for families or investors. The bright, open-plan lounge with a cozy fireplace, a modern kitchen, and a 25 sqm terrace create an inviting atmosphere for relaxation and entertaining. The private garden boasts a swimming pool, solarium, and lush greenery, offering the perfect outdoor oasis. Additional amenities include a double garage, parking for three vehicles, gated security, pre-installed air conditioning, and a basement area for versatile use. Located just 2 km from stunning beaches, this property is surrounded by golf courses, schools, shopping centers, and excellent transportation links, making it highly convenient. Fully furnished and move-in ready, this villa presents an exceptional opportunity on the Costa Blanca coast, combining comfort, style, and prime location in Torrevieja, Spain. Enjoy easy access to local attractions such as the salt lakes and natural parks, and experience the vibrant coastal lifestyle that makes Torrevieja a top destination for both living and investing in Spain.

Location

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