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3
Bedrooms
3
Bathrooms
104 m²
Surface area
€
€2803
Price per m²
House
Property type
+15 photos
Analysis
Price
€291.500
Own investment (30%)
€87.450
30% down
payment of purchase price
Buyer costs (10%)
€29.150
10% of purchase price
Estimated nightly rate
€134,46
Expected occupancy rate
61%
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
-€544,13
Maintenance costs
-€86,67
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
-€333,33
Annual cleaning costs: €4000
(€333,33/month). Based on number of bedrooms.
Platform fees
-€374,22
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€74,44
Municipal taxes for Pilar de La Horadada
Tax
(19%)
-€205,58
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
€134,46
High season
€173
Mid season
€129,58
Low season
€106
Price determining factors
- Proximity to beaches and amenities: High desirability.
- Property features: Private pools, rooftop solariums, spacious gardens.
- Market demand for holiday homes: Strong in Costa Blanca.
- Economic factors: Stable tourism industry and economic growth in Spain.
- Local developments: New infrastructure projects enhancing accessibility.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €150,33 | Villa Lindal - upper part of Ciudad Quesada. | 21.1 km |
| €231,40 | Fidalsa 5 Stars Sea Views | 23.4 km |
| €196,40 | La Manzana - Villa with Private Pool | 14.4 km |
| €246,60 | Exclusive New build Villa with jacuzzi and pool | 16.1 km |
| €116,43 | Sunny stay at Casa Corten with Private pool. | 21.8 km |
| €121 | Very nice beachfront house. | 25.2 km |
| €119,20 | Villa-Capricho Playa - ParqueMar. VT-480073-A | 19.5 km |
| €98,40 | Nature Views Luxury Villa - 3BR en Pool | 10.4 km |
| €96 | Casa Midu, Beachhouse 450 meters beach lo Sola | 16.8 km |
| €216,40 | Dreamscape Villa by Fidalsa | 18.5 km |
Return & Value appreciation
Annual return
9.02%
5 Year Return
45.10%
10 Year Return
90.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained modern property enhances value.
- Local market trends in 2027: Growing demand for coastal properties in Spain.
- Property type: Bungalows are popular for holiday and retirement homes.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Increasing retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Improved transport and amenities in Pilar de la Horadada.
- Historical WOZ value trends: Steady increase reflecting property appreciation.
Possible improvements
- Adding modern smart home features.
- Upgrading kitchen and bathroom fixtures.
- Enhancing outdoor living spaces with additional landscaping.
- Installing energy-efficient systems to reduce utility costs.
- Adding a small gym or wellness area.
Description
Experience the best of coastal living with these modern bungalows in Pilar de la Horadada, Spain. Located just 3 kilometers from the beautiful beaches of the Costa Blanca, this exclusive development offers stylish 2- and 3-bedroom properties designed for comfort and luxury. Ideal for both permanent residence and holiday getaways, these bungalows feature private pools or rooftop solariums, spacious gardens, and contemporary amenities. Each home includes a private parking space, pre-installed air conditioning, and laundry facilities, ensuring convenience at every turn. The gated community provides a secure environment with easy access to local shops, schools, and transportation, making it perfect for families and investors alike.
Location
Similar properties in Pilar de La Horadada
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