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1
Bedrooms
1
Bathrooms
109 m²
Surface area
€
€1367
Price per m²
House
Property type
+7 photos
Analysis
Price
€149.000
Own investment (30%)
€44.700
30% down
payment of purchase price
Buyer costs (10%)
€14.900
10% of purchase price
Estimated nightly rate
€129,13
Expected occupancy rate
24%
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
-€278,13
Maintenance costs
-€90,83
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
-€141,40
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€44,16
Municipal taxes for Relleu
Tax
(19%)
-€18,33
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
€129,13
High season
€134
Mid season
€128,42
Low season
€120
Price determining factors
- Condition of the property: Modern, attractive interiors and good maintenance.
- Economic factors: Stable economic growth, rising tourism, and foreign investment.
- Local developments: New infrastructure projects, enhanced amenities, and increased accessibility.
- Amenities: Swimming pools, gym, parking, and scenic terraces add value.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €101,60 | Riad de Laguar. Torre Mozarabe (2-4 people) | 26.1 km |
| €77,60 | RIU-RAU LABERINTO. Rural with a hot tub | 25.2 km |
| €88 | Lovely house in the old town | 11.5 km |
| €76,60 | Planet Paradise 360º. 40min al mar - VT-478442-A | 6.5 km |
| €140,40 | Camino Viejo Cabin | 8.9 km |
| €42,40 | Country house (off-grid) | 16.8 km |
| €141,60 | Rural accommodation with a private pool | 26.2 km |
| €308,20 | Villa Mirador, the must in luxury and serenity | 8.1 km |
Return & Value appreciation
Annual return
1.57%
5 Year Return
7.85%
10 Year Return
15.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained and modern interiors enhance value.
- Local market trends in 2027: Growing demand for holiday and second homes in Costa Blanca.
- Property type: Apartments are popular among investors and holidaymakers.
- Economic outlook in 2027: Positive, with tourism and real estate sectors expected to grow.
- Demographic developments: Increasing number of retirees and expatriates settling in Spain.
- Infrastructure plans in 2027: Continued improvements in transportation, amenities, and connectivity.
- Historical WOZ value trends: Steady increase in property taxes indicating rising property values.
Possible improvements
- Renovate and modernize the kitchen and bathrooms.
- Enhance outdoor living spaces and terraces.
- Improve energy efficiency with solar panels or insulation.
- Upgrade fixtures and fittings for a more luxurious feel.
Description
Discover luxurious Spanish apartments in Relleu, Spain, offering a perfect blend of modern comfort and authentic Spanish charm. These spacious Relleu apartments feature 2 to 3 bedrooms and expansive living areas spanning from 90 to 257 square meters, providing an ideal home for families, investors, or second-home buyers seeking a serene lifestyle in Costa Blanca. Priced attractively from €147,000 to €269,000, these Relleu properties deliver exceptional value in a picturesque setting.
Enjoy top-tier amenities including a contemporary kitchen with a central island, perfect for cooking and entertaining. Residents can indulge in multiple swimming pools—an outdoor community pool and a heated indoor pool—ensuring year-round relaxation. Stay active with a fully equipped gymnasium and take advantage of spacious parking facilities. The large terraces offer stunning views of the surrounding mountains and natural landscapes, making every day feel like a retreat.
Located in Relleu, Spain, this charming village is renowned for its tranquil atmosphere and breathtaking mountainous scenery. It is an excellent choice for those looking to invest in or purchase a second home in Costa Blanca, combining authentic Spanish culture with proximity to Alicante’s vibrant beaches and amenities. Whether seeking a peaceful retreat or a smart investment opportunity in Spain, these Relleu apartments provide the perfect balance of nature, comfort, and convenience.
Location
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