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House in Finestrat, 2 bedrooms, 73 m² €450.000

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2
Bedrooms
2
Bathrooms
73 m²
Surface area
€6164
Price per m²
House
Property type
House in Finestrat, 2 bedrooms, 73 m² - Hoofdafbeelding
House in Finestrat, 2 bedrooms, 73 m² - Afbeelding 1
House in Finestrat, 2 bedrooms, 73 m² - Afbeelding 2
House in Finestrat, 2 bedrooms, 73 m² - Afbeelding 3
+18 photos

Analysis

View Report
Price
€450.000
Own investment (30%)
€135.000
Buyer costs (10%)
€45.000
Estimated nightly rate
€110,23
Expected occupancy rate
59%
Gross rental p/m
€0000
Mortgage interest rate (%)
Mortgage term (years)
Repayment (per year)
Total mortgage costs -€840
Maintenance costs
-€60,83
Cleaning costs
-€291,67
Platform fees
-€296,73
Municipal taxes
-€108,12
Tax (19%)
-€72,36
Earned back in

* Indicative calculation based on a linear mortgage.

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Nightly Rates

Estimated nightly rate
€110,23
High season
€143
Mid season
€106,83
Low season
€77

Price determining factors

  • Proximity to beaches and golf courses: Enhances desirability.
  • Views of Mediterranean Sea: Premium feature increasing value.
  • Amenities: Pool, fitness center, private gardens add to attractiveness.
  • Property condition: Well-maintained, modern interiors.
  • Market demand: High for holiday and investment properties in Costa Blanca.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate Hotel / apartment Distance
€85,60 Casa Almaverde 0.2 km
€103,20 Lovely Oasis Allon Bay - Back garden,Spa, Sea 100m 5.9 km
€57 From €39 Cozy house in Sella 6.6 km
€73,20 Mariana's house 7.4 km
€135 Perfect+ Right in the center of old town 14.3 km
€101 Sensational sea views - Overwhelming sea views 15.0 km
€163,20 Apartment with See Views and a large Private Pool 18.0 km
€98,20 Coveta Fumá, Neptuno 21-2 18.3 km
€165,60 Village house in Lliber in Jalon Valley. 27.2 km
€74,20 At Benidorm detached holiday villa in Altea 11.9 km

Return & Value appreciation

Annual return

2.06%

5 Year Return

10.30%

10 Year Return

20.60%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern, new construction with high-quality finishes enhances value.
  • Local market trends in 2027: Growing demand for coastal properties in Costa Blanca due to tourism and expatriate influx.
  • Property type: Apartments in a luxury development attract higher appreciation.
  • Economic outlook in 2027: Positive, with steady growth in Spain's economy supporting real estate investments.
  • Demographic developments: Increasing number of retirees and expatriates seeking seaside living.
  • Infrastructure plans in 2027: Improved transportation and amenities in Finestrat and nearby Benidorm boost property appeal.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Adding a private pool or jacuzzi to increase luxury appeal.
  • Upgrading interior finishes or appliances for higher-end market.
  • Enhancing outdoor spaces with landscaping or outdoor furniture.
  • Installing smart home technology for modern convenience.
  • Expanding terraces or adding outdoor kitchens for entertainment.

Risk assessment

Overall risk: Low
Criterion Level Score Explanation
Location quality Low 20 Prime seaside location with excellent amenities and views.
Tenant demand Low 15 High demand from both residents and investors in the area.
Cash flow stability Low 20 Consistent rental demand supported by tourism and expatriate community.

Description

Experience luxurious seaside living in this brand new residential development in Finestrat, Spain, offering breathtaking Mediterranean sea views and contemporary, stylish apartments. Situated just minutes from the vibrant town of Benidorm, this gated community provides a secure and exclusive environment with top-tier amenities including a large swimming pool, fitness center with jacuzzi, children’s play areas, and spacious terraces or private gardens. The property features 2-bedroom apartments within nine modern blocks, each with 60 sqm of living space, and options for penthouses with private solariums or ground-floor units with gardens. Every home boasts a generous 77 sqm terrace, perfect for enjoying the scenic coastal vistas of Finestrat. Modern comforts such as pre-installed air conditioning, ample storage, and premium thermal and acoustic insulation ensure a comfortable living experience. Residents benefit from dedicated parking, elevators, and access to nearby golf courses and pristine Blue Flag beaches just 2.6 km away. Located in the desirable Marina Baixa region of Costa Blanca, Finestrat offers a perfect blend of tranquility and accessibility, making this property ideal for both lifestyle enthusiasts and investors seeking a prime coastal real estate opportunity in Spain. Discover the best of Mediterranean coastal living in Finestrat, Spain, with this exclusive residential complex designed for comfort, convenience, and spectacular sea views.

Location

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