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3
Bedrooms
3
Bathrooms
117 m²
Surface area
€
€2949
Price per m²
Apartment
Property type
+13 photos
Analysis
Price
€345.000
Own investment (30%)
€103.500
30% down
payment of purchase price
Buyer costs (10%)
€34.500
10% of purchase price
Estimated nightly rate
€134,46
Expected occupancy rate
61%
Gross rental p/m
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€0000
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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
-€644
Maintenance costs
-€97,50
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
-€374,22
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€85,81
Municipal taxes for Pilar de La Horadada
Tax
(19%)
-€182,39
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.
* Indicative calculation based on a linear mortgage.
Nightly Rates
Estimated nightly rate
€134,46
High season
€173
Mid season
€129,58
Low season
€106
Price determining factors
- Proximity to beaches and amenities.
- Quality of construction and design.
- Market demand for coastal properties.
- Economic stability and growth prospects.
- Local development projects and infrastructure improvements.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €150,33 | Villa Lindal - upper part of Ciudad Quesada. | 21.1 km |
| €231,40 | Fidalsa 5 Stars Sea Views | 23.4 km |
| €196,40 | La Manzana - Villa with Private Pool | 14.4 km |
| €246,60 | Exclusive New build Villa with jacuzzi and pool | 16.1 km |
| €116,43 | Sunny stay at Casa Corten with Private pool. | 21.8 km |
| €121 | Very nice beachfront house. | 25.2 km |
| €119,20 | Villa-Capricho Playa - ParqueMar. VT-480073-A | 19.5 km |
| €98,40 | Nature Views Luxury Villa - 3BR en Pool | 10.4 km |
| €96 | Casa Midu, Beachhouse 450 meters beach lo Sola | 16.8 km |
| €216,40 | Dreamscape Villa by Fidalsa | 18.5 km |
Return & Value appreciation
Annual return
6.76%
5 Year Return
33.80%
10 Year Return
67.60%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: New construction with modern amenities enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Spain.
- Property type: Apartments in a desirable location attract investors.
- Economic outlook in 2027: Stable with potential growth due to tourism and infrastructure.
- Demographic developments: Increasing expatriate and retiree populations.
- Infrastructure plans in 2027: Improved transportation and amenities boost attractiveness.
- Historical WOZ value trends: Consistent increase indicating rising property values.
Possible improvements
- Adding a private pool or hot tub.
- Upgrading interior finishes and appliances.
- Enhancing outdoor living spaces or terraces.
- Implementing smart home technology.
- Improving energy efficiency and sustainability features.
Description
Discover modern coastal living with these new apartments and bungalows in Pilar de la Horadada, Spain. Situated just minutes from the stunning Mediterranean beaches on Spain’s sunny Costa Blanca, this boutique new build complex offers stylish 2- and 3-bedroom homes designed for comfort and convenience. The exclusive gated development features 26 bright, open-plan residences with private terraces up to 30 m², perfect for enjoying Spain’s warm climate. Residents benefit from amenities such as an elevator, a communal swimming pool surrounded by lush gardens, secure parking, and included storage rooms. Each property boasts 100 m² of thoughtfully designed space, featuring three double bedrooms, modern bathrooms with underfloor heating, and pre-installed air conditioning for year-round comfort. Located only 2.6 km from the beach, the properties are close to schools, shopping centers, and bus routes, offering a perfect balance of tranquility and accessibility. Pilar de la Horadada is renowned for its welcoming atmosphere, charming plazas, and vibrant main street, making it an ideal destination for second-home buyers and real estate investors seeking authentic Spanish coastal living. The area’s proximity to pristine beaches, golf courses, and international airports enhances its appeal on the Costa Blanca, Spain’s premier Mediterranean destination. Explore the opportunity to own a beautiful new property in Pilar de la Horadada, Spain, and enjoy the best of coastal Spain’s lifestyle.
Location
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