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2
Bedrooms
2
Bathrooms
60 m²
Surface area
€
€5333
Price per m²
House
Property type
+28 photos
Analysis
Price
€320.000
Own investment (30%)
€96.000
30% down
payment of purchase price
Buyer costs (10%)
€32.000
10% of purchase price
Estimated nightly rate
€90,53
Expected occupancy rate
64%
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
-€597,33
Maintenance costs
-€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
-€264,35
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€76,23
Municipal taxes for Pilar de La Horadada
Tax
(19%)
-€91,72
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
€90,53
High season
€115
Mid season
€87,50
Low season
€69
Price determining factors
- Proximity to beaches and amenities increases desirability.
- The new build status adds value due to modern design and compliance.
- The gated community with landscaped gardens and pool enhances lifestyle appeal.
- Potential for rental income from holidaymakers and long-term tenants.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €170,20 | Relaxation on the Costa Calida | 15.8 km |
| €116 | Villa with private pool | 14.8 km |
| €146,20 | Villa with sea views | 6.8 km |
| €75,33 | with fantastic views of the orange orchard! | 11.1 km |
| €112 | Luxury and Modern Penthouse + Roof Terrace with Sea View | 10.7 km |
| €96,40 | Rooftop Sea Views · Quiet Gated Community · Pools | 6.7 km |
| €94,80 | Apartment with Roof Terrace and Heated Pool | 13.0 km |
| €86,80 | Mar & Relax | 8.6 km |
| €89 | Design Chalet mit grosser Terrasse nah Strand | 16.8 km |
| €91 | Sunlit Bungalow with Private Garden | 18.2 km |
Return & Value appreciation
Annual return
3.67%
5 Year Return
18.35%
10 Year Return
36.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is new, which typically ensures high initial value and low maintenance costs, supporting appreciation.
- Local market trends in 2027: The Costa Blanca region has a strong tourism and expatriate community, likely to sustain or increase property demand.
- Property type: Bungalows are popular for vacation rentals and retirement, which can drive rental income and value growth.
- Economic outlook in 2027: Spain's economy is expected to recover steadily post-pandemic, boosting real estate investment.
- Demographic developments: Growing expatriate and retiree populations in Spain support demand for residential properties.
- Infrastructure plans in 2027: Continued improvements in transportation and amenities in Pilar de la Horadada will enhance property appeal.
- Historical WOZ value trends: WOZ values have shown steady growth, indicating increasing property values in the area.
Possible improvements
- Adding a private garden or enhancing outdoor spaces.
- Upgrading interior finishes or adding smart home features.
- Improving energy efficiency with solar panels or better insulation.
- Enhancing outdoor amenities like a barbecue area or outdoor furniture.
Description
Experience modern coastal living with these brand-new 2-bedroom bungalows in Pilar de la Horadada, Spain. Located just 1.7 km from pristine beaches on the Costa Blanca, these stylish homes are ideal for year-round residents or savvy investors seeking a prime property in Pilar de la Horadada. Each bungalow offers 57 sqm of bright, functional living space complemented by a spacious 66 sqm terrace, perfect for enjoying the Mediterranean climate. Choose between a ground-floor unit with a private garden or a top-floor home with a rooftop solarium, both featuring pre-installed air conditioning, double bedrooms, and secure underground parking. The gated community boasts beautifully landscaped gardens and a large communal pool, providing an inviting environment for relaxation and socialising. Situated close to schools, commercial centres, and bus routes, these properties offer unparalleled convenience. Pilar de la Horadada, renowned for its charming coastal atmosphere and friendly community, is an ideal location for those seeking a tranquil yet vibrant lifestyle on the Costa Blanca. With nearby golf courses, shopping at La Zenia Boulevard, and excellent connectivity to Murcia and Alicante airports, these new build bungalows in Pilar de la Horadada present a unique opportunity to enjoy Spain’s best coastal living.
Location
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