You reached your limit. Log in for unlimited access.
2
Bedrooms
2
Bathrooms
73 m²
Surface area
€
€3560
Price per m²
House
Property type
+5 photos
Analysis
Price
€259.900
Own investment (30%)
€77.970
30% down
payment of purchase price
Buyer costs (10%)
€25.990
10% of purchase price
Estimated nightly rate
€84,72
Expected occupancy rate
62%
Gross rental p/m
Log in to see the annual gross rental income
€0000
Sign in to view
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
-€485,15
Maintenance costs
-€60,83
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
-€239,65
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€67,73
Municipal taxes for San Pedro del Pinatar
Tax
(19%)
-€86
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
€84,72
High season
€102
Mid season
€82,75
Low season
€66
Price determining factors
- Proximity to beaches and tourist attractions: High desirability.
- Quality of amenities: Modern communal facilities and security features.
- Property condition: Newly built or recently renovated properties command higher prices.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €43,40 | Cozy house in Los Nietos a short walk from the beach | 20.1 km |
| €170,20 | Relaxation on the Costa Calida | 9.6 km |
| €116 | Villa with private pool | 9.5 km |
| €146,20 | Villa with sea views | 12.2 km |
| €75,33 | with fantastic views of the orange orchard! | 15.6 km |
| €112 | Luxury and Modern Penthouse + Roof Terrace with Sea View | 13.9 km |
| €96,40 | Rooftop Sea Views · Quiet Gated Community · Pools | 10.0 km |
| €94,80 | Apartment with Roof Terrace and Heated Pool | 16.5 km |
| €86,80 | Mar & Relax | 10.8 km |
| €89 | Design Chalet mit grosser Terrasse nah Strand | 20.0 km |
Return & Value appreciation
Annual return
4.23%
5 Year Return
21.15%
10 Year Return
42.30%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern furnishings, and amenities enhance value.
- Local market trends in 2027: Growing tourism and real estate demand in Costa Cálida support appreciation.
- Property type: Tourist apartments in a popular coastal area tend to appreciate well.
- Economic outlook in 2027: Stable economic growth in Spain and increased foreign investment bolster property values.
- Demographic developments: Increasing number of retirees and holidaymakers boost demand.
- Infrastructure plans in 2027: Ongoing improvements in transport and local amenities support property appreciation.
- Historical WOZ value trends: Consistent increase in property values in the region over past years.
Possible improvements
- Upgrade interior furnishings and appliances to premium brands.
- Add smart home features for enhanced security and convenience.
- Improve outdoor spaces, such as adding a garden or enhancing terraces.
- Implement energy-efficient upgrades to reduce utility costs.
Description
Discover modern investment opportunities with these exclusive tourist apartments in San Pedro del Pinatar, Spain. Located just steps from the stunning Mar Menor beaches, these fully licensed holiday rentals are perfect for investors seeking high profitability in the vibrant Costa Cálida region. The development features stylish 1 and 2-bedroom apartments equipped with open-plan kitchens, spacious living areas, and large terraces or balconies that capture the beautiful coastal views. Each unit includes essential amenities such as air conditioning, fitted wardrobes, security doors, electric blinds, and video entry systems for maximum comfort and security. Residents can enjoy exceptional communal facilities, including a heated rooftop pool, gym, underground parking (subject to availability), lift, bicycle storage, and private top-floor storage units. Accessible apartments with adapted parking are also available, catering to all needs. Fully furnished with modern appliances, these apartments boast abundant natural light through exterior windows and are situated within a secure gated complex with comprehensive connectivity. San Pedro del Pinatar is renowned for its picturesque coastline along the Mar Menor and Mediterranean Sea, offering year-round sunshine, therapeutic mud baths, and charming local amenities. Its strategic location provides easy access to Murcia-Corvera and Alicante airports, making it an ideal spot for holidaymakers and second-home buyers. Whether seeking a lucrative investment or a relaxing coastal retreat, these San Pedro del Pinatar apartments in Spain present a compelling opportunity to own a piece of the Costa Cálida’s sunny paradise.
Location
Similar properties in San Pedro del Pinatar
Interested in this property?
Register your interest and we'll connect you directly with the seller. No obligations.
Sign up and register interestLog in to view this deal
Get instant access to the best real estate deals
New to SpotEstate? Log in with your Google account or create an account and get access to:
- More profitable deals
- Cashflow calculations
- Extensive ROI calculations & predictions
Nightly rates in the area
Questions? Chat with us!