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House in Torrevieja, 2 bedrooms, 75 m² €350.000

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Bedrooms

Bathrooms

75 m²

Surface area

€

€4667

Price per m²

House

Property type

House in Torrevieja, 2 bedrooms, 75 m² - Afbeelding 1

House in Torrevieja, 2 bedrooms, 75 m² - Afbeelding 2

House in Torrevieja, 2 bedrooms, 75 m² - Afbeelding 3

+9 photos

Analysis

View Report

Price

€350.000

Own investment (30%)

30% down payment of purchase price

€105.000

Buyer costs (10%)

10% of purchase price

€35.000

Estimated nightly rate

€80,03

Expected occupancy rate

63%

Gross rental p/m

€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 -€653,33

Maintenance costs

Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.

-€62,50

Cleaning costs

Annual cleaning costs: €3500 (€291,67/month). Based on number of bedrooms.

-€291,67

Platform fees

15% commission based on average fees from Booking.com and Airbnb

-€230,04

Municipal taxes

Municipal taxes for Torrevieja

-€86,88

Tax (19%)

This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.

-€39,74

Cashflow p.m.

Earned back in

Time to earn back own investment + buyer costs.

00months

* Indicative calculation based on a linear mortgage.

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Nightly Rates

Estimated nightly rate

€80,03

High season

€104

Mid season

€77,75

Low season

€62

Price determining factors

Property condition: Modern finishes and smart features increase value.
Local market trends in 2027: Growing tourism and expatriate influx support higher property prices.
Property type: Apartments with sea views and amenities are highly sought after.
Economic outlook in 2027: Economic stability and growth support property price increases.
Demographic developments: Population growth and increased demand for holiday homes.
Infrastructure plans in 2027: New developments and improved transport links will boost prices.
Historical WOZ value trends: Consistent increase in WOZ values indicates rising property worth.

Comparable accommodations

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

Rate	Hotel / apartment	Distance
€146,20	Villa with sea views	8.6 km
€75,33	with fantastic views of the orange orchard!	4.5 km
€112	Luxury and Modern Penthouse + Roof Terrace with Sea View	4.7 km
€96,40	Rooftop Sea Views · Quiet Gated Community · Pools	9.0 km
€94,80	Apartment with Roof Terrace and Heated Pool	2.3 km
€86,80	Mar & Relax	7.8 km
€89	Design Chalet mit grosser Terrasse nah Strand	1.6 km
€91	Sunlit Bungalow with Private Garden	3.2 km
€83,60	Apartment La Siesta in la Torre for 4Pax (HHH)	14.3 km
€232,80	Romantic villa in a quiet area	17.2 km

Return & Value appreciation

Annual return

1.45%

5 Year Return

7.25%

10 Year Return

14.50%

ROI Distribution

Value development

Factors for value appreciation

Property condition: The property appears to be new or recently renovated, which supports higher appreciation.
Local market trends in 2027: The Spanish coastal real estate market is expected to remain strong, driven by tourism and foreign investment.
Property type: Modern apartments in a desirable location tend to appreciate well, especially with amenities and sea views.
Economic outlook in 2027: Spain's economy is projected to recover and grow, supporting real estate demand.
Demographic developments: Increasing population and urbanization in Torrevieja will likely boost property values.
Infrastructure plans in 2027: Planned improvements in transportation and local amenities will enhance property appeal.
Historical WOZ value trends: Historically, WOZ values in Torrevieja have shown steady growth, reflecting rising property values.

Possible improvements

Upgrade kitchen appliances and fixtures.
Add smart home automation features.
Improve outdoor spaces or terraces.
Enhance energy efficiency with solar panels or better insulation.
Renovate bathrooms for modern aesthetics.

Description

Experience modern living in the heart of Torrevieja, Spain, with this exclusive collection of 17 contemporary apartments designed for comfort, style, and sustainability. These new homes in Torrevieja feature spacious layouts ranging from 71 to 103 square meters, including two large bedrooms, high-quality finishes, and innovative smart home features. The kitchens boast durable quartz countertops, LED lighting, and pre-installations for appliances, while bathrooms are equipped with electric underfloor heating for year-round comfort. Each apartment is pre-wired for ducted air conditioning and includes a high-efficiency aerothermal hot water system with electric backup, ensuring optimal climate control and energy savings. Residents can enjoy access to a communal swimming pool, private garages, storage rooms, and terraces with breathtaking sea views. Situated in Torrevieja, a vibrant coastal city renowned for its beautiful beaches, lively cultural scene, and excellent amenities, these apartments offer an ideal opportunity for both lifestyle buyers and real estate investors. With proximity to Alicante and the Costa Blanca’s renowned leisure and recreational facilities, these modern homes in Torrevieja combine luxury, technology, and prime location. Discover this exceptional real estate investment in Torrevieja, Spain, and embrace the Mediterranean lifestyle.