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3
Bedrooms
3
Bathrooms
272 m²
Surface area
€
€1504
Price per m²
House
Property type
+2 photos
Analysis
Price
€409.000
Own investment (30%)
€122.700
30% down payment of purchase price
Buyer costs
€40.900
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
-€763,47
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€226,67
{% 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
-€99,41
Municipal taxes for Torrevieja
Tax
(19%)
-€66,54
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
- Property condition: Modern, high-quality finishes and appliances.
- Local market trends in 2027: Rising property prices driven by demand and limited supply.
- Property type: New construction with desirable features.
- Economic outlook in 2027: Favorable economic growth supporting property appreciation.
- Demographic developments: Growth in expatriate and retiree populations increasing demand.
- Infrastructure plans in 2027: Upgrades to transport and amenities boosting property values.
- Historical WOZ value trends: Increasing property tax assessments indicating appreciation.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|
Return & Value appreciation
Annual return
2.77%
5 Year Return
13.85%
10 Year Return
27.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern interiors and amenities increase appeal and value.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular areas like Torrevieja.
- Property type: New build with modern features attracts buyers and investors.
- Economic outlook in 2027: Stable to positive, with tourism and real estate sectors performing well.
- Demographic developments: Increasing expatriate and retiree populations seeking coastal homes.
- Infrastructure plans in 2027: Improvements in transportation, healthcare, and leisure facilities enhance property attractiveness.
- Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.
Possible improvements
- Adding a swimming pool or upgrading existing outdoor spaces.
- Modernizing kitchen and bathroom fixtures.
- Enhancing energy efficiency with solar panels or better insulation.
- Improving landscaping and outdoor lighting.
- Installing smart home technology for added convenience.
Description
Experience the best of Mediterranean living with these exclusive new homes in Torrevieja, Spain, just 6 minutes from pristine beaches on the Costa Blanca. These spacious 2-3 bedroom properties feature private gardens or solariums, perfect for enjoying the sunny Spanish climate. Designed for modern comfort, each residence offers built-in wardrobes, dedicated storage rooms, and private terraces or balconies that invite outdoor relaxation. Residents can indulge in a large community swimming pool with a children's area, while upper-level units boast private solariums ideal for sunbathing or entertaining. Ground-floor homes with private gardens provide a perfect outdoor retreat. Secure underground parking and basement storage add to the convenience and safety of living in this sought-after Spanish coastal community. Located in Torrevieja, these homes benefit from the vibrant local culture, beautiful beaches, and excellent climate that make the Costa Blanca a premier destination for second homes and investment opportunities. With proximity to Alicante’s transport links, shopping, and leisure facilities, these properties offer an exceptional lifestyle in Spain. Whether seeking a holiday retreat, permanent residence, or rental investment, these Mediterranean homes in Torrevieja present an unbeatable combination of comfort, security, and coastal charm.
Location
Nightly rates in the area
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