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3
Bedrooms
3
Bathrooms
79 m²
Surface area
€
€3629
Price per m²
House
Property type
+13 photos
Analysis
Price
€286.700
Own investment (30%)
€86.010
30% down payment of purchase price
Buyer costs
€28.670
Buyer costs: 10% of purchase price
Estimated nightly rate
€113,84
Expected occupancy rate
60%
Gross rental p/m
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€0000
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Mortgage costs
-€535,17
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€65,83
{% 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
-€311,64
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€73,42
Municipal taxes for Torrevieja
Tax
(19%)
-€144,06
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
€113,84
High season
€150
Mid season
€109,92
Low season
€89
Price determining factors
- Proximity to beaches and city center: High demand for properties near beaches and urban amenities.
- Community facilities: Access to pools, gardens, and parking adds value.
- Property size and features: Spacious interiors and terraces are attractive features.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €134,80 | Casa Olivia with pool heating | 2.0 km |
| €113 | Villa by the sea with jacuzzi, garden & park view | 4.0 km |
| €94,80 | Royal Park | 6.9 km |
| €159,80 | Beautiful villa with lovely private pool | 7.7 km |
| €126,14 | Sunny stay at Casa Corten with Private pool. | 8.9 km |
| €126,17 | Villa_Oasis Hill. 3 bedrooms with 2 bathrooms | 9.0 km |
| €164,33 | Villa Lindal - upper part of Ciudad Quesada. | 10.3 km |
| €75,40 | House with terrace and garden in Dehesa de Campoamor | 10.6 km |
| €254,60 | Luxe villa met privézwembad | 11.6 km |
| €109,60 | Very nice beachfront house. | 11.6 km |
Return & Value appreciation
Annual return
8.57%
5 Year Return
42.85%
10 Year Return
85.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern apartment with recent upgrades supports steady appreciation.
- Local market trends in 2027: Growing demand for coastal properties in Spain, especially in popular destinations like Torrevieja.
- Property type: Apartments in a gated community are desirable for both holiday rentals and long-term living.
- Economic outlook in 2027: Expected stable growth in Spain's economy, boosting real estate investment.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal homes.
- Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property value.
- Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.
Possible improvements
- Upgrade kitchen and bathroom fixtures for modern appeal.
- Add energy-efficient appliances and solar panels to reduce utility costs.
- Improve interior decor to enhance aesthetic appeal.
- Increase outdoor living space or add a private garden or sun terrace.
Description
Experience the perfect blend of modern coastal living and Mediterranean charm with these stunning apartments for sale in Torrevieja, Spain. Located just 1 km from the beautiful beaches of Torrevieja, these 2 and 3-bedroom apartments offer spacious interiors, private gardens or sun terraces, and access to communal pools and lush gardens. Designed for comfort and convenience, each property features underground parking, pre-installed air conditioning, and large terraces ideal for enjoying the sunny Costa Blanca climate. Situated within a secure gated community, these Torrevieja apartments provide easy access to local amenities, including schools, shopping centers, and green spaces, making them an excellent investment opportunity or holiday home. With 67 m² of living space, modern fixtures, and a prime location near the vibrant city center and pristine beaches, these properties perfectly capture the desirable coastal lifestyle in Torrevieja, Spain. Discover your ideal home or investment in this sought-after Mediterranean destination, renowned for its sunny weather, lively culture, and excellent connectivity to Alicante-Elche Airport.
Location
Nightly rates in the area
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