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House in Torrevieja, 1 bedrooms, 34 m² €207.000

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1
Bedrooms
1
Bathrooms
34 m²
Surface area
€
€6088
Price per m²
House
Property type
House in Torrevieja, 1 bedrooms, 34 m² - Hoofdafbeelding
House in Torrevieja, 1 bedrooms, 34 m² - Afbeelding 1
House in Torrevieja, 1 bedrooms, 34 m² - Afbeelding 2
House in Torrevieja, 1 bedrooms, 34 m² - Afbeelding 3
+9 photos

Analysis

View Report
Price
€207.000
Own investment (30%)
€62.100
Buyer costs (10%)
€20.700
Estimated nightly rate
€50,54
Expected occupancy rate
65%
Gross rental p/m
€0000
Mortgage interest rate (%)
Mortgage term (years)
Repayment (per year)
€
Total mortgage costs -€386,40
Maintenance costs
-€28,33
Cleaning costs
-€291,67
Platform fees
-€149,88
Municipal taxes
-€54,58
Tax (19%)
-€16,79
Cashflow p.m.
Earned back in
00months

* Indicative calculation based on a linear mortgage.

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Nightly Rates

Estimated nightly rate
€50,54
High season
€67
Mid season
€49,25
Low season
€39

Price determining factors

  • Proximity to El Cura Beach and amenities increases desirability.
  • Tourism growth in Torrevieja and Costa Blanca.
  • Potential for holiday rental income.

Comparable accommodations

All comparable accommodations and their nightly rates are retrieved from booking platforms.

Rate Hotel / apartment Distance
€69,80 Sea view apartments, La Mata, Torrevieja 4.5 km
€69,80 Nice house with an indoor fireplace 16.8 km
€57,20 Authentic Spanish cottage with terrace and balcony 17.8 km
€84,60 The house under the cactus 18.8 km

Return & Value appreciation

Annual return

1.04%

5 Year Return

5.20%

10 Year Return

10.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern interiors and amenities enhances value.
  • Local market trends in 2027: Growing demand for coastal properties in Spain, especially in Costa Blanca.
  • Property type: Compact apartments are popular for holiday rentals and small families.
  • Economic outlook in 2027: Positive economic growth in Spain, boosting real estate investments.
  • Demographic developments: Increasing number of retirees and expatriates seeking seaside living.
  • Infrastructure plans in 2027: Continued improvements in transportation, healthcare, and leisure facilities.
  • Historical WOZ value trends: Steady increase reflecting rising property values in Torrevieja.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home features for modern appeal.
  • Enhance outdoor space with additional furniture or landscaping.
  • Renovate bathroom for a more luxurious feel.

Description

Discover modern coastal apartments in Torrevieja, Spain, just 250 meters from El Cura Beach. These stylish 1-bedroom apartments are ideal for those seeking a comfortable seaside lifestyle or a lucrative investment in Spain. Each apartment features bright interiors, a private 4 m² terrace perfect for outdoor relaxation, pre-installed air conditioning, and elevator access for ease of living. The exclusive complex also offers a communal swimming pool, making it an attractive choice for both permanent residents and holidaymakers. Located near schools, shopping centers, and convenient public transport routes, these Torrevieja apartments combine convenience with coastal charm in the heart of Spain's Costa Blanca. Torrevieja is renowned for its stunning beaches, vibrant promenade, and pleasant climate, making it a sought-after destination for real estate buyers. With easy access to Alicante airport and nearby golf courses, investing in these Torrevieja apartments offers excellent potential for holiday rentals or permanent living on the sunny coast of Spain.

Location

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