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1
Bedrooms
1
Bathrooms
57 m²
Surface area
€
€3596
Price per m²
Apartment
Property type
+26 photos
Analysis
Price
€205.000
Own investment (30%)
€61.500
30% down payment of purchase price
Buyer costs
€20.500
Buyer costs: 10% of purchase price
Estimated nightly rate
€51,70
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€382,67
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€47,50
{% 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
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€153,32
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€56,06
Municipal taxes for Torrevieja
Tax
(19%)
-€17,28
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
€51,70
High season
€68
Mid season
€50,42
Low season
€42
Price determining factors
- Proximity to beaches and amenities: Enhances desirability and price.
- Modern features and furnishings: Justifies higher price points.
- Location in Torrevieja: Known for tourism and retirement, supporting premium pricing.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €69,80 | Sea view apartments, La Mata, Torrevieja | 4.5 km |
| €69,80 | Nice house with an indoor fireplace | 16.8 km |
| €57,20 | Authentic Spanish cottage with terrace and balcony | 17.8 km |
| €84,60 | The house under the cactus | 18.8 km |
Return & Value appreciation
Annual return
1.08%
5 Year Return
5.40%
10 Year Return
10.80%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The modern renovation and high-quality finishes suggest a strong appeal to buyers and renters, likely increasing ROI.
- Local market trends in 2027: The Costa Blanca region is expected to maintain its popularity, supporting property value growth.
- Property type: Apartments in a desirable location near beaches and amenities tend to appreciate well.
- Economic outlook in 2027: Spain's economy is projected to recover steadily, boosting real estate demand.
- Demographic developments: Growing tourism and expatriate populations in Torrevieja support rental and resale markets.
- Infrastructure plans in 2027: Continued improvements in transport and local amenities will enhance property values.
- Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.
Possible improvements
- Adding a modern kitchen upgrade to increase appeal.
- Installing smart home features for convenience.
- Enhancing outdoor space with furniture or landscaping.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover modern new apartments in Torrevieja, Spain, just 600 metres from Playa del Cura beach. These contemporary one-bedroom apartments offer spacious 42 m² layouts with an 8 m² terrace, perfect for outdoor dining and relaxation. Located in the heart of lively Torrevieja, these properties provide easy access to shops, restaurants, and the bustling seafront promenade, making them ideal for both holiday living and investment. Residents enjoy amenities such as a communal swimming pool, elevator access, and pre-installed air conditioning for maximum comfort. Close to schools, commercial centres, and transport links via Alicante and Murcia airports, these Torrevieja apartments present an unbeatable opportunity to enjoy the vibrant Mediterranean lifestyle. Known for its sandy beaches, salt flats, and natural parks, Torrevieja is a sought-after coastal city on Spain’s Costa Blanca, offering excellent golf courses and a warm, sunny climate year-round. Whether seeking a holiday home or a lucrative investment, these new apartments in Torrevieja combine modern convenience with prime location, making them an exceptional choice for buyers looking for property in Spain.
Location
Nightly rates in the area
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