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House in Algorfa, 3 bedrooms, 108 m² €620.000

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3
Bedrooms
3
Bathrooms
108 m²
Surface area
€5741
Price per m²
House
Property type
House in Algorfa, 3 bedrooms, 108 m² - Hoofdafbeelding
House in Algorfa, 3 bedrooms, 108 m² - Afbeelding 1
House in Algorfa, 3 bedrooms, 108 m² - Afbeelding 2
House in Algorfa, 3 bedrooms, 108 m² - Afbeelding 3
+9 photos

Analysis

Price
€620.000
Own investment (30%)
€186.000
Buyer costs
€62.000
Estimated nightly rate
€142,18
Expected occupancy rate
55%
Gross rental p/m
€0000
Mortgage costs
-€1.157,33
Maintenance costs
-€90
Cleaning costs
-€333,33
Platform fees
-€356,78
Municipal taxes
-€144,25
Tax (19%)
-€56,40
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€142,18
High season
€215
Mid season
€145,25
Low season
€100

Price determining factors

  • Proximity to beaches, golf courses, and amenities: Enhances desirability.
  • Community features: Pool, gardens, secure parking add value.

Comparable accommodations

Rate Hotel / apartment Distance
€185,60 Villa El Loto Blanco 5.7 km
€150,33 Villa Lindal - upper part of Ciudad Quesada. 7.5 km
€231,40 Fidalsa 5 Stars Sea Views 8.3 km
€222,67 Villa "Alma" with pool heating 10.3 km
€196,40 La Manzana - Villa with Private Pool 6.8 km
€246,60 Exclusive New build Villa with jacuzzi and pool 7.9 km
€116,43 Sunny stay at Casa Corten with Private pool. 10.8 km
€121 Very nice beachfront house. 12.9 km
€119,20 Villa-Capricho Playa - ParqueMar. VT-480073-A 14.4 km
€98,40 Nature Views Luxury Villa - 3BR en Pool 14.2 km

Return & Value appreciation

Annual return

1.16%

5 Year Return

5.80%

10 Year Return

11.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern, well-maintained, new construction enhances value growth.
  • Local market trends in 2027: Growing demand for holiday and retirement homes in Costa Blanca.
  • Property type: Semi-detached homes with private amenities appeal to a broad market.
  • Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
  • Demographic developments: Increasing retiree population and holidaymakers in Spain.
  • Infrastructure plans in 2027: Improved transportation and community amenities support property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Adding a solar energy system to reduce energy costs.
  • Upgrading kitchen appliances and fixtures for a more luxurious feel.
  • Landscaping the private garden to enhance curb appeal.
  • Installing smart home technology for modern convenience.

Description

Discover these modern 3-bedroom semi-detached homes in Algorfa, Spain, offering a perfect blend of comfort, style, and convenience. These brand-new, single-story properties span approximately 108m² and feature two bathrooms with underfloor heating, a contemporary kitchen with a breakfast bar, and spacious living areas that open to a private garden and pool. Designed for sunny mornings, the east-facing terraces overlook lush communal gardens and a swimming pool, ideal for relaxation and outdoor entertaining. Pre-installed air conditioning, built-in wardrobes, and optional ensuite bathrooms enhance the living experience, while private, secure parking adds peace of mind. Located in Algorfa, a charming town in the Costa Blanca renowned for its golf courses and tranquil environment, these homes are perfect for retirees, holidaymakers, or investors seeking excellent rental potential. The community amenities include a communal pool, lush gardens, and hammock zones, providing a serene setting to unwind. Situated close to golf courses, local shops, and just a short drive to Alicante airport and Mediterranean beaches, these properties in Algorfa offer an exceptional lifestyle in Spain’s sunny Costa Blanca. Whether you're looking for a holiday retreat, a permanent residence, or a smart investment opportunity, these Algorfa homes combine modern design with prime location advantages, making them a top choice for buyers seeking property in Spain.

Location

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