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2
Bedrooms
2
Bathrooms
97 m²
Surface area
€
€3878
Price per m²
Apartment
Property type
+6 photos
Analysis
Price
€380.000
Own investment (30%)
€114.000
30% down payment of purchase price
Buyer costs
€38.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€74,16
Expected occupancy rate
66%
Gross rental p/m
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€0000
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Mortgage costs
-€709,33
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€80,83
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
-€223,31
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€91,12
Municipal taxes for Torrevieja
Tax
(19%)
-€17,58
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.
Nightly Rates
Estimated nightly rate
€74,16
High season
€100
Mid season
€72,17
Low season
€56
Price determining factors
- Proximity to the Mediterranean Sea and local beaches.
- High-quality amenities and modern design.
- Location in La Veleta, a prestigious neighborhood.
- Potential for rental income from tourism and long-term tenants.
- Views and outdoor spaces (terraces, gardens).
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €146,20 | Villa with sea views | 8.6 km |
| €75,33 | with fantastic views of the orange orchard! | 4.5 km |
| €112 | Luxury and Modern Penthouse + Roof Terrace with Sea View | 4.7 km |
| €96,40 | Rooftop Sea Views · Quiet Gated Community · Pools | 9.0 km |
| €94,80 | Apartment with Roof Terrace and Heated Pool | 2.3 km |
| €86,80 | Mar & Relax | 7.8 km |
| €89 | Design Chalet mit grosser Terrasse nah Strand | 1.6 km |
| €91 | Sunlit Bungalow with Private Garden | 3.2 km |
| €83,60 | Apartment La Siesta in la Torre for 4Pax (HHH) | 14.3 km |
| €232,80 | Romantic villa in a quiet area | 17.2 km |
Return & Value appreciation
Annual return
0.59%
5 Year Return
2.95%
10 Year Return
5.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern and well-maintained, appealing to buyers and renters.
- Local market trends in 2027: Expected growth due to tourism and international interest in Costa Blanca.
- Property type: High-demand holiday and retirement destination, boosting rental and resale value.
- Economic outlook in 2027: Positive, with steady growth in Spain and the Eurozone.
- Demographic developments: Increasing retirees and expatriates seeking Mediterranean lifestyle.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities.
- Historical WOZ value trends: Consistent increase, indicating rising property values.
Possible improvements
- Upgrade kitchen appliances and fixtures.
- Add smart home features for modern appeal.
- Enhance outdoor spaces with landscaping or additional features.
- Improve energy efficiency with solar panels or insulation.
- Renovate bathrooms for a more luxurious feel.
Description
Discover luxurious new apartments in Torrevieja, Spain, offering the perfect blend of comfort and coastal living on the Costa Blanca. These modern 2-bedroom, 2-bathroom residences are ideally situated just 250 meters from the Mediterranean Sea in the prestigious La Veleta neighborhood. Designed for relaxation and convenience, each apartment features spacious open-plan living areas with built-in kitchens, private terraces or gardens, and stunning sea views—ideal for enjoying the beautiful Spanish coastline. The development boasts exceptional amenities, including multiple swimming pools, a heated pool, a private gym with climate control, and beautifully landscaped Mediterranean gardens. Secure gated access, alarms, lifts, and wheelchair-friendly features ensure safety and accessibility for all residents. Additional highlights include double glazing, fiber optic internet, solar tanning, ample storage, and underground parking. Ground-floor units offer private gardens, while upper floors have terraces and solariums with panoramic sea views, making these Spain apartments a true coastal retreat. Located in Torrevieja, Spain, a vibrant seaside city renowned for its salt lakes, beaches, and lively markets, this property is perfect for investors, second homeowners, or retirees seeking a Mediterranean lifestyle. With excellent infrastructure, international airports nearby, and a mild year-round climate, these Torrevieja apartments provide an exceptional opportunity to own a slice of Spain’s stunning Costa Blanca.
Location
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