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House in Torrevieja, 3 bedrooms, 69 m² €334.900

115 views

Bedrooms

Bathrooms

69 m²

Surface area

€

€4854

Price per m²

House

Property type

House in Torrevieja, 3 bedrooms, 69 m² - Afbeelding 1

House in Torrevieja, 3 bedrooms, 69 m² - Afbeelding 2

House in Torrevieja, 3 bedrooms, 69 m² - Afbeelding 3

+15 photos

Analysis

View Report

Price

€334.900

Own investment (30%)

30% down payment of purchase price

€100.470

Buyer costs (10%)

10% of purchase price

€33.490

Estimated nightly rate

€113,84

Expected occupancy rate

60%

Gross rental p/m

Gross rental income per year: € 24.930,96

€2.077,58

Mortgage interest rate (%)

Monthly mortgage = interest on the loan + linear repayment per year. Changing the term updates the annual repayment automatically.

Mortgage term (years)

Repayment (per year)

€

Total mortgage costs -€625,15

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€57,50

Cleaning costs

Annual cleaning costs: €4000 (€333,33/month). Based on number of bedrooms.

-€333,33

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€311,64

Municipal taxes

Municipal taxes for Torrevieja

-€83,88

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€126,56

Cashflow p.m.

€539,52

Earned back in

Time to earn back own investment + buyer costs.

20.7 jaar

* Indicative calculation based on a linear mortgage.

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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 and natural scenery.
High-quality amenities including pools, private terraces, and solariums.
Location within a vibrant community with access to golf, shopping, and transport.
Condition of the property: Modern, stylish interiors, well-maintained, with high-end finishes.
Economic factors: Spain's stable economic growth, tourism sector expansion, and favorable mortgage conditions.
Local developments: New infrastructure projects, tourism initiatives, and community enhancements.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate	Hotel / apartment	Distance
€185,60	Villa El Loto Blanco	18.9 km
€150,33	Villa Lindal - upper part of Ciudad Quesada.	10.3 km
€231,40	Fidalsa 5 Stars Sea Views	12.2 km
€222,67	Villa "Alma" with pool heating	16.9 km
€196,40	La Manzana - Villa with Private Pool	13.7 km
€246,60	Exclusive New build Villa with jacuzzi and pool	7.8 km
€116,43	Sunny stay at Casa Corten with Private pool.	8.9 km
€121	Very nice beachfront house.	11.6 km
€119,20	Villa-Capricho Playa - ParqueMar. VT-480073-A	4.7 km
€98,40	Nature Views Luxury Villa - 3BR en Pool	5.3 km

Return & Value appreciation

Annual return

4.83%

5 Year Return

24.15%

10 Year Return

48.30%

ROI Distribution

Value development

Factors for value appreciation

Property condition: Well-maintained modern apartments with high-quality finishes.
Local market trends in 2027: Growing demand for holiday and investment properties in Torrevieja due to tourism and expatriate influx.
Property type: Luxury apartments in a desirable coastal location.
Economic outlook in 2027: Positive, with steady growth in Spain's tourism and real estate sectors.
Demographic developments: Increasing number of retirees and expatriates seeking coastal living.
Infrastructure plans in 2027: Improved transportation links, amenities, and local services enhancing attractiveness.
Historical WOZ value trends: Consistent increase reflecting rising property values.

Possible improvements

Upgrade kitchen appliances and fixtures.
Add smart home technology for increased convenience.
Enhance outdoor spaces with landscaping or additional features.
Renovate bathrooms for modern aesthetics.
Improve energy efficiency with solar panels or better insulation.

Full property analysis

View analysis

Description

Discover luxurious bungalows in Torrevieja, Spain, offering the perfect combination of comfort, style, and stunning natural scenery. These modern 2-3 bedroom apartments in Los Balcones feature breathtaking views of Torrevieja's iconic pink lagoon, making them an ideal choice for both vacation homes and investment properties. Each bungalow boasts spacious interiors, with 58 m² of living space, complemented by large terraces of up to 75 m² and private solariums—perfect for sunbathing or entertaining guests. Located just 4 km from the pristine beaches of Torrevieja, these homes are nestled in a vibrant coastal community close to golf courses, shopping centers, and excellent transportation links. The gated complex provides residents with a communal swimming pool, secure parking, and pre-installed air conditioning for year-round comfort. Torrevieja, renowned for its salt lakes, lively atmosphere, and affordable real estate, is a sought-after destination in Spain for both holidaymakers and property investors. Its proximity to Costa Blanca and Alicante ensures easy access to international airports, bustling markets, and world-class golf courses. Whether seeking a tranquil retreat or a dynamic lifestyle, these luxury bungalows in Torrevieja offer unparalleled value and natural beauty in Spain’s premier coastal region.