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2
Bedrooms
2
Bathrooms
93 m²
Surface area
€
€3973
Price per m²
House
Property type
+15 photos
Analysis
Price
€369.500
Own investment (30%)
€110.850
30% down
payment of purchase price
Buyer costs (10%)
€36.950
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
-€689,73
Maintenance costs
-€77,50
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
-€91,02
Municipal taxes for Pilar de La Horadada
Tax
(19%)
-€66,13
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, schools, shopping centers, and transport links enhances desirability.
- Property features: The inclusion of private terraces, solarium, private parking, and modern interiors increases market value.
- Market demand: High demand for holiday homes and permanent residences in coastal Spain supports price stability and 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
2.29%
5 Year Return
11.45%
10 Year Return
22.90%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is newly built, which typically ensures high initial value and low immediate maintenance costs, contributing positively to ROI.
- Local market trends in 2027: The Costa Blanca region has shown consistent growth driven by tourism and expatriate demand, likely supporting property appreciation.
- Property type: Modern bungalows are popular among buyers seeking low-maintenance, contemporary homes, which can enhance value appreciation.
- Economic outlook in 2027: Spain's economy is expected to remain stable with growth in tourism and real estate sectors, supporting property value increases.
- Demographic developments: An increasing number of retirees and expatriates in Spain bolster demand for holiday and retirement homes, positively impacting ROI.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in Pilar de la Horadada are likely to boost property values.
- Historical WOZ value trends: Past trends indicate steady growth in property taxes, reflecting rising property values and market confidence.
Possible improvements
- Adding a swimming pool or upgrading existing outdoor spaces.
- Enhancing energy efficiency with solar panels or smart home systems.
- Interior upgrades such as modern kitchen appliances or luxury fixtures.
- Expanding living space or adding under-build areas for additional rooms.
Description
Discover exceptional modern bungalows for sale in Pilar de la Horadada, Spain — a charming coastal town renowned for its relaxed Mediterranean lifestyle. These newly built 2-bedroom bungalows are ideally located just 3 km from the pristine beaches of Pilar de la Horadada, offering the perfect blend of seaside tranquility and contemporary comfort. Set within a secure, gated community, each stylish property features an 85 m² usable interior, complemented by a spacious 96 m² terrace and a private solarium, ideal for outdoor living and entertaining. Residents benefit from private parking, a dedicated laundry room, and pre-installed air conditioning to ensure year-round comfort. With under-build spaces, there's ample opportunity for additional storage or living areas. Situated close to schools, shopping centers, and transportation links, these Pilar de la Horadada properties provide both convenience and serenity in one of Spain’s most desirable coastal locations. Known for its vibrant community, beautiful beaches, and access to top golf courses and marinas, Pilar de la Horadada is an excellent choice for both holiday homes and permanent residence in Spain. Invest in these modern bungalows in Pilar de la Horadada to enjoy the best of Mediterranean living on the stunning Costa Blanca.
Location
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