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2
Bedrooms
2
Bathrooms
75 m²
Surface area
€
€4387
Price per m²
House
Property type
+19 photos
Analysis
Price
€329.000
Own investment (30%)
€98.700
30% down
payment of purchase price
Buyer costs (10%)
€32.900
10% of purchase price
Estimated nightly rate
€86,25
Expected occupancy rate
51%
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
-€614,13
Maintenance costs
-€62,50
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
-€291,67
Annual cleaning costs: €3500
(€291,67/month). Based on number of bedrooms.
Platform fees
-€200,69
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€82,41
Municipal taxes for Algorfa
Tax
(19%)
-€16,44
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
€86,25
High season
€110
Mid season
€88,08
Low season
€66
Price determining factors
- Proximity to beaches and golf courses: High demand for leisure properties.
- Community amenities: Attractive communal facilities increase property appeal.
- Property features: Modern design, outdoor terraces, and solarium enhance value.
- Economic factors: Spain's overall economic stability and tourism growth.
- Local developments: New infrastructure projects and tourism initiatives.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €146,20 | Villa with sea views | 16.2 km |
| €75,33 | with fantastic views of the orange orchard! | 14.4 km |
| €112 | Luxury and Modern Penthouse + Roof Terrace with Sea View | 17.1 km |
| €96,40 | Rooftop Sea Views · Quiet Gated Community · Pools | 19.0 km |
| €94,80 | Apartment with Roof Terrace and Heated Pool | 15.7 km |
| €86,80 | Mar & Relax | 19.5 km |
| €89 | Design Chalet mit grosser Terrasse nah Strand | 15.8 km |
| €91 | Sunlit Bungalow with Private Garden | 14.8 km |
| €232,80 | Romantic villa in a quiet area | 10.6 km |
| €146,60 | Casa Bettina - luxury villa, heated pool, Int. TV | 15.3 km |
Return & Value appreciation
Annual return
0.64%
5 Year Return
3.20%
10 Year Return
6.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with modern amenities, likely to attract buyers and renters.
- Local market trends in 2027: Expected to be positive due to ongoing tourism and expatriate interest in Costa Blanca.
- Property type: Popular holiday and retirement destination, increasing demand for similar properties.
- Economic outlook in 2027: Favorable with steady growth in Spain's economy and real estate sector.
- Demographic developments: Growing expatriate community and retirees increasing demand for properties.
- Infrastructure plans in 2027: Continued improvements in transportation, amenities, and services in Algorfa and surrounding areas.
- Historical WOZ value trends: Stable or increasing, indicating steady local property value appreciation.
Possible improvements
- Upgrade kitchen and bathroom fixtures for modern appeal.
- Add smart home features to increase convenience and value.
- Enhance outdoor spaces with landscaping or additional features.
- Improve energy efficiency with solar panels or better insulation.
- Renovate or update interior decor to appeal to contemporary tastes.
Description
Discover luxurious 2-bedroom bungalows in Algorfa, Spain, nestled within the prestigious La Finca Golf community on the Costa Blanca South. These stylish properties offer the perfect blend of modern comfort and natural serenity, making them an ideal choice for those seeking a peaceful lifestyle or a smart investment in Spain. Each spacious bungalow features 62 m² of well-designed living space, complemented by a generous 91 m² terrace and a sunny solarium—perfect for enjoying the Mediterranean climate. Residents can relax by the communal pool surrounded by lush greenery, or take advantage of the gated community's security and privacy. Additional amenities include underground parking, storage options, ducted air conditioning, electric blinds, two full bathrooms, and fitted wardrobes, ensuring a high standard of living. Located just 14,000 meters from stunning beaches and close to top golf resorts, these properties in Algorfa, Spain, offer unmatched convenience and leisure opportunities. The charming village of Algorfa provides a peaceful atmosphere combined with modern amenities, excellent golf courses, and easy access to Alicante airport and nearby shopping centers. Whether for a holiday home or a permanent residence, these La Finca bungalows in Algorfa, Spain, present an exceptional opportunity to enjoy Spain’s sunny climate, relaxed lifestyle, and the best of Costa Blanca South.
Location
Similar properties in Algorfa
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