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House in Algorfa, 3 bedrooms, 214 m² €620.000

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3
Bedrooms
3
Bathrooms
214 m²
Surface area
€2897
Price per m²
House
Property type
House in Algorfa, 3 bedrooms, 214 m² - Hoofdafbeelding
House in Algorfa, 3 bedrooms, 214 m² - Afbeelding 1
House in Algorfa, 3 bedrooms, 214 m² - Afbeelding 2
House in Algorfa, 3 bedrooms, 214 m² - Afbeelding 3
+26 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
-€178,33
Cleaning costs
-€333,33
Platform fees
-€356,78
Municipal taxes
-€144,25
Tax (19%)
-€39,62
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

  • Property condition: Well-maintained, modern design, and high-end features.
  • Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
  • Property type: Villas tend to appreciate faster than apartments due to land ownership and privacy.
  • Economic outlook in 2027: Stable economic growth in Spain supports property value increase.
  • Demographic developments: Growth in expatriate communities and retirees increases demand.
  • Infrastructure plans in 2027: New roads, airports, and amenities enhance accessibility and attractiveness.

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

0.82%

5 Year Return

4.10%

10 Year Return

8.20%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern, high-quality finishes and new build status enhance value.
  • Local market trends in 2027: Growing demand for luxury properties in Costa Blanca due to tourism and expatriate influx.
  • Property type: Villas are highly desirable for lifestyle and investment.
  • Economic outlook in 2027: Positive economic growth in Spain supports property appreciation.
  • Demographic developments: Increasing expatriate and retiree populations boost demand.
  • Infrastructure plans in 2027: Improved transportation and amenities in Algorfa and surrounding areas.
  • Historical WOZ value trends: Steady increase in property values and taxes in the region.

Possible improvements

  • Adding a solar heating system for the pool and house.
  • Upgrading kitchen appliances and finishes.
  • Enhancing outdoor living spaces with landscaping or additional features.
  • Installing smart home automation systems.
  • Expanding the basement to increase usable space.

Description

Discover exquisite new build villas in Algorfa, Spain, nestled within the prestigious Costa Blanca golf community. These modern, single-story homes combine sophisticated design with spacious living areas, perfect for those seeking a luxurious lifestyle in Spain. Each villa features three generous bedrooms, including a master suite with a dressing room, and two high-end bathrooms equipped with walk-in showers, glass screens, and underfloor heating. The open-plan kitchen seamlessly flows into a bright living and dining space, ideal for family gatherings. Step outside onto a private terrace with an integrated pergola and a inviting pool, perfect for enjoying the Mediterranean climate. A versatile 171 m² semi-finished basement with natural light offers endless opportunities—transform it into a gym, cinema room, or guest apartment. The property provides peaceful street views and access to a secure community pool, ensuring comfort and privacy in Algorfa. Located in the heart of Spain’s Costa Blanca, Algorfa is renowned for its tranquil atmosphere, top golf courses, pristine beaches, and vibrant amenities like Zenia Boulevard shopping center. With proximity to Alicante and Murcia airports, these villas present an exceptional opportunity for investment or permanent residence in Spain’s sunny southeast. Experience the best of Spanish living in this exclusive Algorfa property, combining modern comfort with natural beauty and convenient access to all essentials.

Location

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