You can view 1 more properties. Log in for unlimited access.
3
Bedrooms
3
Bathrooms
183 m²
Surface area
€
€2459
Price per m²
House
Property type
+29 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down payment of purchase price
Buyer costs
€45.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€115,32
Expected occupancy rate
60%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
Mortgage costs
-€840
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€152,50
{% 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
-€108,12
Municipal taxes for Torrevieja
Tax
(19%)
-€67,44
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.
Interested?
Log in now to contact the seller directly
Log inNightly Rates
Estimated nightly rate
€115,32
High season
€151
Mid season
€111,25
Low season
€90
Price determining factors
- Property condition: Upgrades and maintenance can increase value.
- Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
- Property type: Luxury and unique properties tend to hold or increase value.
- Economic outlook in 2027: Economic stability and growth support property appreciation.
- Demographic developments: Growing expatriate community and retirees.
- Infrastructure plans in 2027: Enhanced connectivity and amenities boost property appeal.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
2.56%
5 Year Return
12.80%
10 Year Return
25.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern interiors, high-quality finishes enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular areas like Torrevieja.
- Property type: Luxury apartments and penthouses tend to appreciate faster due to exclusivity.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Increasing interest from international buyers and retirees.
- Infrastructure plans in 2027: Ongoing improvements in transportation, amenities, and seafront developments.
- Historical WOZ value trends: Consistent increase reflecting rising property values and local development.
Possible improvements
- Upgrade kitchen and bathroom fixtures.
- Enhance outdoor spaces or terraces.
- Add smart home features.
- Improve energy efficiency with solar panels or better insulation.
- Renovate to modern standards to increase appeal.
Description
Experience the best of Mediterranean living with these exclusive properties in Torrevieja, Spain. This stunning development offers 56 modern homes, including two and three-bedroom layouts, duplexes, and luxurious penthouses with expansive solariums and terraces showcasing breathtaking sea views. Located just 300 metres from Torrevieja's pristine beaches, these homes provide the perfect blend of coastal tranquility and vibrant city life. Residents can enjoy a sparkling communal swimming pool with a waterfall, lush green gardens, and dedicated social spaces, all designed to enhance your living experience in Torrevieja. Modern conveniences like two elevators, private storage units, and cross-ventilated, naturally lit interiors make these properties highly desirable on the Costa Blanca. Torrevieja, renowned for its lively beaches, excellent dining, and rich cultural scene, is an ideal location for both permanent residence and investment. With future pedestrian-friendly developments along the seafront and strong rental potential, these properties in Torrevieja, Spain, offer a unique opportunity to enjoy a high-quality Mediterranean lifestyle. Discover your dream home on Spain’s beautiful Costa Blanca and embrace the vibrant coastal life that Torrevieja has to offer.
Location
Nightly rates in the area
Questions? Chat with us!