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2
Bedrooms
2
Bathrooms
77 m²
Surface area
€
€5130
Price per m²
House
Property type
+13 photos
Analysis
Price
€395.000
Own investment (30%)
€118.500
30% down
payment of purchase price
Buyer costs (10%)
€39.500
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
-€737,33
Maintenance costs
-€64,17
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
-€96,44
Municipal taxes for Pilar de La Horadada
Tax
(19%)
-€58,59
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: The location near beaches, shops, and transport increases desirability.
- Development quality: The modern design and communal amenities add value.
- Market demand: High demand for holiday and second homes in the area supports price growth.
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
1.90%
5 Year Return
9.50%
10 Year Return
19.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears modern and well-maintained, which supports value retention and appreciation.
- Local market trends in 2027: The Costa Blanca region is expected to continue attracting both tourists and residents, boosting property values.
- Property type: New build homes tend to appreciate well due to modern features and low initial maintenance costs.
- Economic outlook in 2027: Spain's economy is projected to grow steadily, supporting real estate appreciation.
- Demographic developments: Increasing expatriate and retiree populations in the area will likely drive demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities will enhance property appeal.
- Historical WOZ value trends: Past trends indicate steady growth, reflecting increasing property values.
Possible improvements
- Adding high-end appliances and fixtures to enhance appeal.
- Upgrading interior finishes for a more luxurious feel.
- Improving outdoor spaces, such as landscaping or adding a private pool.
- Installing smart home technology for modern convenience.
Description
Discover modern new build homes in Pilar de la Horadada, Spain, offering a perfect blend of coastal living and contemporary comfort. Located on Spain’s sunny Costa Blanca, these stylish apartments and bungalows are ideal for those seeking a permanent residence or a holiday retreat in a charming seaside town. Each spacious 2-bedroom property features approximately 70 square meters of bright living space, complemented by expansive terraces up to 101 square meters—perfect for enjoying the Mediterranean sunshine. Residents benefit from private solariums, elevator access, underground parking with storage, and communal amenities including a lush garden and swimming pool, creating an inviting atmosphere for relaxation and social gatherings. The development’s strategic location—just 2.6 km from pristine beaches and close to local schools, shops, and public transport—ensures convenience at your doorstep. Pilar de la Horadada stands out for its friendly community, vibrant town center, and easy access to golf courses and airports, making it an attractive destination for real estate investors and second-home buyers. This new build homes in Pilar de la Horadada, Spain, combine modern design with relaxed coastal living, offering an exceptional opportunity to enjoy the best of Mediterranean lifestyle on the Costa Blanca.
Location
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