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1
Bedrooms
1
Bathrooms
52 m²
Surface area
€
€2837
Price per m²
House
Property type
+8 photos
Analysis
Price
€147.500
Own investment (30%)
€44.250
30% down
payment of purchase price
Buyer costs (10%)
€14.750
10% of purchase price
Estimated nightly rate
€59,37
Expected occupancy rate
55%
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
-€275,33
Maintenance costs
-€43,33
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
-€148,98
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€43,84
Municipal taxes for Orihuela
Tax
(19%)
-€36,11
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
€59,37
High season
€71
Mid season
€58,25
Low season
€51
Price determining factors
- Proximity to beaches, golf courses, and amenities increases desirability.
- Modern design and high-end finishes enhance appeal.
- Strategic location on Costa Blanca attracts both tourists and residents.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €85,60 | House with patio in Hondón | 20.8 km |
| €77,20 | House with independent fenced land | 27.3 km |
| €74,20 | A rural cabin with a private pool | 8.2 km |
| €131,80 | Villa Cora Murcia. Deluxe Rural Getaway | 10.4 km |
| €91,40 | Casa Encina, Loft with Private Jacuzzi in Murcia | 14.9 km |
| €61,80 | Cabaña con Jardín Céntrica | 18.6 km |
| €91,40 | Cozy House with Secret Garden & Spa Privat | 21.0 km |
Return & Value appreciation
Annual return
3.13%
5 Year Return
15.65%
10 Year Return
31.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Newly renovated apartments tend to appreciate well due to modern finishes and low immediate maintenance needs.
- Local market trends in 2027: The Costa Blanca region has historically shown steady growth, with increasing demand for holiday and investment properties.
- Property type: Apartments in desirable locations like Orihuela attract consistent interest, supporting appreciation.
- Economic outlook in 2027: Spain's economy is expected to remain stable with growth in tourism and real estate sectors.
- Demographic developments: An influx of retirees and expatriates in Spain supports sustained demand for housing.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities can boost property values.
- Historical WOZ value trends: Historically, WOZ values in Orihuela have shown gradual increases, reflecting local growth.
Possible improvements
- Adding a balcony or outdoor space.
- Upgrading kitchen appliances and fixtures.
- Enhancing energy efficiency with solar panels or better insulation.
- Improving interior decor to appeal to modern tastes.
Description
Discover modern 1 and 2-bedroom apartments for sale in Orihuela, Spain, offering an ideal blend of contemporary comfort and strategic location on the Costa Blanca. These newly renovated apartments are perfect for those seeking a relaxed lifestyle or a smart investment opportunity in Orihuela, renowned for its rich cultural heritage, stunning beaches, and vibrant leisure scene. Ready for move-in by May or June, each residence features bright, functional layouts designed to maximize space, complemented by high-end finishes and private garages for added security and convenience. Situated close to pristine beaches, world-class golf courses, and top amenities, these Orihuela properties provide an exceptional living experience on the Costa Blanca. The restored building's sleek design reflects modern elegance, making these apartments highly desirable in the Orihuela real estate market. Whether you're looking for a second home or a lucrative investment in Spain, these properties in Orihuela offer an unbeatable combination of location, quality, and lifestyle benefits. Don’t miss the chance to own a piece of the Costa Blanca’s most sought-after area—your perfect apartment in Orihuela awaits.
Location
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Nightly rates in the area
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