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3
Bedrooms
3
Bathrooms
93 m²
Surface area
€
€3371
Price per m²
House
Property type
+15 photos
Analysis
Price
€313.500
Own investment (30%)
€94.050
30% down
payment of purchase price
Buyer costs (10%)
€31.350
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
-€585,20
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
-€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
-€79,12
Municipal taxes for Pilar de La Horadada
Tax
(19%)
-€198,63
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 boosts property value.
- Development quality: Modern, well-designed properties attract premium prices.
- Community security and facilities: Gated communities with amenities are more attractive.
- Market competition: The presence of similar new developments can influence pricing.
- Economic factors: Inflation, interest rates, and currency stability impact property prices.
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
8.10%
5 Year Return
40.50%
10 Year Return
81.00%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: New build properties tend to have high initial appeal and lower immediate maintenance costs, which can positively influence ROI.
- Local market trends in 2027: The Costa Blanca region has historically shown steady growth due to tourism and expatriate interest, likely continuing into 2027.
- Property type: Modern bungalows and apartments are in demand for holiday rentals and permanent residence, supporting appreciation.
- Economic outlook in 2027: Spain's economy has been stable with growth in tourism and real estate, which supports property value increases.
- Demographic developments: Increasing interest from retirees and expatriates in Spain's coastal regions can drive demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and amenities in Pilar de la Horadada will enhance property appeal.
- Historical WOZ value trends: Consistent increases in local property taxes reflect rising property values and demand.
Possible improvements
- Adding a private pool or jacuzzi to enhance outdoor appeal.
- Upgrading interior fixtures and finishes for a more luxurious feel.
- Improving landscaping and outdoor spaces.
- Installing smart home technology for modern convenience.
- Enhancing energy efficiency with solar panels or better insulation.
Description
Discover modern new build bungalows in Pilar de la Horadada, Spain, just 3 km from pristine beaches on the Costa Blanca. This exclusive boutique development features stylish 2- and 3-bedroom homes designed for comfort and versatility, ideal for year-round living or holiday retreats. Each bungalow offers private outdoor spaces, including spacious terraces of up to 96 m², perfect for enjoying the Mediterranean climate. Select top-floor units include a solarium with options for a pool or jacuzzi and a summer kitchen, creating an ideal outdoor entertainment area. Practical amenities such as private parking, laundry rooms, pre-installed air conditioning, and double bedrooms make these properties highly desirable. Located within a secure, gated community, these homes provide easy access to local schools, shops, and transportation routes, ensuring convenience for residents. Situated in Pilar de la Horadada, a charming coastal town renowned for its authentic Spanish atmosphere, lively streets, and excellent amenities, these properties are perfect for those seeking a relaxed Mediterranean lifestyle. Close to stunning beaches, golf courses, and with easy connections to Murcia and Alicante airports, this development offers a prime opportunity for buyers looking to invest in the best of Spain’s Costa Blanca region.
Location
Similar properties in Pilar de La Horadada
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