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2
Bedrooms
2
Bathrooms
91 m²
Surface area
€
€3890
Price per m²
House
Property type
+15 photos
Analysis
Price
€354.000
Own investment (30%)
€106.200
30% down payment of purchase price
Buyer costs
€35.400
Buyer costs: 10% of purchase price
Estimated nightly rate
€75,24
Expected occupancy rate
65%
Gross rental p/m
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€0000
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Mortgage costs
-€660,80
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€75,83
{% trans '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
-€223,13
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€87,72
Municipal taxes for Torrevieja
Tax
(19%)
-€28,20
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.
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Log inNightly Rates
Estimated nightly rate
€75,24
High season
€100
Mid season
€73,17
Low season
€58
Price determining factors
- Proximity to beaches and amenities: High desirability increases property value.
- Community amenities: Access to pools, gyms, and green spaces enhances attractiveness.
- Property condition: Well-maintained, modern apartments retain higher value.
- Economic factors: Stable economy and tourism growth support property appreciation.
- Local developments: New infrastructure and urban projects improve accessibility and appeal.
Comparable accommodations
| 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
1.02%
5 Year Return
5.10%
10 Year Return
10.20%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern, new construction with high-quality amenities enhances value.
- Local market trends in 2027: Growing demand for seaside properties in Torrevieja due to tourism and expatriate influx.
- Property type: Apartments in a luxury resort attract higher appreciation due to amenities and location.
- Economic outlook in 2027: Spain's economy is expected to remain stable with growth in tourism and real estate sectors.
- Demographic developments: Increasing number of retirees and expatriates seeking coastal living boosts demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation, healthcare, and local amenities support property values.
- Historical WOZ value trends: Steady increase in property taxes indicates rising property values.
Possible improvements
- Adding smart home features for modern convenience.
- Upgrading interior finishes and appliances.
- Enhancing outdoor spaces with landscaping or additional features.
- Implementing energy-efficient systems to reduce costs.
- Adding personalized decor or furniture to increase appeal.
Description
Experience luxurious seaside living at Corallia Resort in Torrevieja, Spain, with stunning new apartments just 250 meters from the beautiful Mediterranean beaches. These modern Torrevieja apartments feature bright, open-concept layouts with 2-3 bedrooms, private outdoor spaces, and top-tier amenities, making them ideal for permanent residence, vacation homes, or smart investments in Spain. Each property boasts air conditioning, spacious living areas filled with Mediterranean sunlight, private gardens for ground-floor units, expansive terraces for mid-level apartments, and exclusive solariums atop penthouses offering breathtaking sea views. Included with every home are private parking and storage rooms for added convenience. The community offers exceptional amenities such as three swimming pools—including one heated— a state-of-the-art gym with jacuzzi, tennis courts, children’s pool and playground, lush green communal areas, video intercom security, a bike room, and a bocce court, ensuring a vibrant, secure lifestyle in Torrevieja. Located in the heart of Spain’s Costa Blanca, Torrevieja is renowned for its lively marina, bustling markets, and vibrant culture, attracting real estate investors and second-home buyers seeking year-round sunshine, stunning beaches, and excellent connectivity via Alicante Airport. Embrace the Spanish coastal lifestyle with these exceptional Torrevieja apartments, perfect for enjoying the sun-drenched Mediterranean coast in Spain.
Location
Nightly rates in the area
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