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Apartment in Alicante, 2 bedrooms, 70 m² €290.000 sold quickly

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2
Bedrooms
2
Bathrooms
70 m²
Surface area
€4143
Price per m²
Apartment
Property type
Apartment in Alicante, 2 bedrooms, 70 m² - Hoofdafbeelding
Apartment in Alicante, 2 bedrooms, 70 m² - Afbeelding 1
Apartment in Alicante, 2 bedrooms, 70 m² - Afbeelding 2
Apartment in Alicante, 2 bedrooms, 70 m² - Afbeelding 3
+10 photos

Analysis

View Report
Price
€290.000
Own investment (30%)
€87.000
Buyer costs (10%)
€29.000
Estimated nightly rate
€111,91
Expected occupancy rate
73%
Gross rental p/m
€0000
Mortgage interest rate (%)
Mortgage term (years)
Repayment (per year)
Total mortgage costs -€541,33
Maintenance costs
-€58,33
Cleaning costs
-€291,67
Platform fees
-€372,73
Municipal taxes
-€73,91
Tax (19%)
-€217,91
Earned back in

* Indicative calculation based on a linear mortgage.

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Nightly Rates

Estimated nightly rate
€111,91
High season
€132
Mid season
€110,25
Low season
€89

Price determining factors

  • Proximity to beaches and city amenities.
  • Modern design and community facilities.
  • Potential for rental income, especially for short-term rentals.

Comparable accommodations

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

Rate Hotel / apartment Distance
€101 Sensational sea views - Overwhelming sea views 19.7 km
€98,20 Coveta Fumá, Neptuno 21-2 16.3 km
€85,60 CALMA HOUSE - Beach Cottage (Sunny Year Long!) 13.6 km
€85,40 Kikka 13.9 km
€136,80 Design-Apartment with Private Pool (BBQ, A/C) 12.7 km
€114 Yellow Submarine - Amazing Sea Views 12.5 km
€129,20 Lovely house with sea view in the old town 0.7 km
€185 Casa Moll Tradition and beautiful view of Alicante 0.7 km
€192,80 Bohemian townhouse w/ rooftop terrace in old town 0.7 km
€188 Casita Sofia - A Hidden Gem in Historic Alicante 0.7 km

Return & Value appreciation

Annual return

9.61%

5 Year Return

48.05%

10 Year Return

96.10%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: The modern amenities and recent construction suggest a good ROI potential.
  • Local market trends in 2027: The Costa Blanca region is expected to continue attracting both tourists and residents, boosting property values.
  • Property type: Apartments in a gated community with amenities like a pool are highly desirable.
  • Economic outlook in 2027: Spain's economy is projected to remain stable with growth in tourism and real estate sectors.
  • Demographic developments: Increasing expatriate and retiree populations in Alicante support steady demand.
  • Infrastructure plans in 2027: Continued improvements in transport and local services will enhance property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for higher appeal.
  • Add smart home features to attract tech-savvy buyers.
  • Improve interior decor to enhance aesthetic appeal.

Risk assessment

Overall risk: Low
Criterion Level Score Explanation
Location quality Low 20 Prime location near beaches, city center, and amenities.
Tenant demand Low 25 High demand from both residents and investors.
Cash flow stability Low 30 Steady rental income expected due to location and amenities.

Description

Discover modern, stylish homes in Alicante, Spain, at the exclusive San Agustín - Pau II residential development. These contemporary 2 and 3-bedroom apartments feature spacious terraces, ideal for enjoying Alicante's sunny Mediterranean climate. Designed for comfort and quality living, each property includes modern amenities such as double glazing, ducted air conditioning, and private storage rooms. Residents benefit from a gated community, elevator access, and a communal swimming pool surrounded by lush gardens, creating a tranquil retreat just minutes from Alicante’s pristine beaches. Located only 3 km from the coast, these Alicante properties are perfectly situated near essential services, including schools, parks, shopping centers, and excellent transport links like train stations and bus routes. Whether you're seeking a permanent residence or an investment opportunity, these Alicante homes offer an unbeatable combination of city convenience and coastal leisure. The vibrant city of Alicante, renowned for its rich cultural scene, stunning beaches, and excellent infrastructure, makes this development an attractive choice for buyers looking for a property in Spain's sought-after Costa Blanca region. Explore this exceptional opportunity to own a modern home in Alicante, Spain, where lifestyle and investment potential meet seamlessly.

Location

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