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1
Bedrooms
1
Bathrooms
60 m²
Surface area
€
€3917
Price per m²
House
Property type
+20 photos
Analysis
Price
€235.000
Own investment (30%)
€70.500
30% down
payment of purchase price
Buyer costs (10%)
€23.500
10% of purchase price
Estimated nightly rate
€50,54
Expected occupancy rate
65%
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
-€438,67
Maintenance costs
-€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
-€291,67
Annual cleaning costs: €3500
(€291,67/month). Based on number of bedrooms.
Platform fees
-€149,88
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€62,44
Municipal taxes for Torrevieja
Tax
(19%)
-€1,25
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
€50,54
High season
€67
Mid season
€49,25
Low season
€39
Price determining factors
- Local market trends in 2027: Expected growth due to tourism and expatriate influx.
- Property type: One-bedroom apartments in high-demand coastal area.
- Economic outlook in 2027: Positive, driven by tourism, real estate investment, and regional development.
- Demographic developments: Increasing expatriate and retiree populations.
- Infrastructure plans in 2027: Improvements in transportation, amenities, and public services.
- Historical WOZ value trends: Steady increase reflecting property appreciation.
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
0.07%
5 Year Return
0.35%
10 Year Return
0.70%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained, modern design, pre-installed air conditioning, and communal amenities enhance value.
Possible improvements
- Adding a modern kitchen or upgrading appliances.
- Enhancing outdoor space with landscaping or additional features.
- Installing smart home technology.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover modern apartments for sale in Torrevieja, Spain, just 150 meters from the stunning Mediterranean Sea. These contemporary Torrevieja apartments feature bright, open-plan layouts designed for comfortable coastal living. Each one-bedroom apartment offers a spacious 7 sqm terrace, perfect for enjoying the warm Spanish sun. Situated on the first line to the sea within a secure gated community, residents benefit from a refreshing communal pool, elevator access, and pre-installed air conditioning. With 51 sqm of functional space, these properties are surrounded by essential amenities, including schools, parks, shopping centers, and excellent public transport options. The prime location in Torrevieja makes it easy to access the beautiful beaches, vibrant local markets, and lively promenade, ideal for both holidaymakers and permanent residents. Located on Spain’s Costa Blanca, Torrevieja is renowned for its sunny climate, natural salt lakes, and relaxed coastal lifestyle. Its proximity to Alicante’s international airport and other charming towns enhances its appeal for investors and those seeking a Mediterranean dream home. Whether as a holiday retreat or a smart investment, these Torrevieja apartments offer an exceptional opportunity to enjoy the best of Spain’s southeastern coast. Experience the vibrant culture, stunning beaches, and excellent amenities that make Torrevieja a top destination for property buyers in Spain.
Location
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