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3
Bedrooms
3
Bathrooms
116 m²
Surface area
€
€3879
Price per m²
House
Property type
+13 photos
Analysis
Price
€450.000
Own investment (30%)
€135.000
30% down
payment of purchase price
Buyer costs (10%)
€45.000
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
-€840
Maintenance costs
-€96,67
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
-€108,12
Municipal taxes for Pilar de La Horadada
Tax
(19%)
-€141,07
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: The property is close to beaches, schools, shopping, and transport.
- Development quality: The modern design and community features increase attractiveness.
- Market demand: High demand for holiday and second homes in Pilar de la Horadada.
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
4.01%
5 Year Return
20.05%
10 Year Return
40.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property is new build, which typically retains high quality and appeal.
- Local market trends in 2027: The Costa Blanca region is expected to continue attracting both tourists and residents, supporting property value growth.
- Property type: Modern apartments and bungalows are in high demand among both holidaymakers and permanent residents.
- Economic outlook in 2027: Spain's economy is projected to remain stable with growth in tourism and real estate sectors.
- Demographic developments: Increasing expatriate and retiree populations in Spain bolster demand for such properties.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities will likely enhance property values.
- Historical WOZ value trends: Past trends indicate steady appreciation, especially in desirable coastal areas.
Possible improvements
- Adding solar panels for energy efficiency.
- Upgrading interior finishes to premium materials.
- Enhancing outdoor spaces with landscaping or additional features.
- Installing smart home technology for added convenience.
Description
Discover modern 2- and 3-bedroom new build apartments and bungalows in Pilar de la Horadada, Spain—an ideal coastal town on the southern Costa Blanca. These contemporary homes are just minutes from pristine beaches and vibrant local amenities, making them perfect for permanent living or holiday getaways. The gated community features a shared swimming pool surrounded by lush landscaped gardens, providing a tranquil setting to relax under the Mediterranean sun. Each property boasts a spacious 35 sqm terrace, ideal for entertaining or unwinding. Private underground parking, complete with laundry and storage facilities, adds convenience to daily life. With up to 100 sqm of living space, these homes include three bedrooms, energy-efficient design, and pre-installed air conditioning for year-round comfort. Located just 2,600 meters from the beach and close to schools, shopping centers, and bus routes, this development offers a vibrant yet peaceful lifestyle in Pilar de la Horadada. Known for its lively town center, beautiful plazas, and excellent quality of life, Pilar de la Horadada on Spain’s Costa Blanca is a sought-after destination for real estate investment and second homes. The region’s stunning coastline, top golf courses, and proximity to airports in Murcia and Alicante make it an attractive location for both residents and investors seeking a Mediterranean lifestyle. This property in Pilar de la Horadada is a prime opportunity to own a modern home in one of Spain’s most desirable coastal towns.
Location
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