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3
Bedrooms
3
Bathrooms
111 m²
Surface area
€
€2964
Price per m²
House
Property type
+8 photos
Analysis
Price
€329.000
Own investment (30%)
€98.700
30% down payment of purchase price
Buyer costs
€32.900
Buyer costs: 10% of purchase price
Estimated nightly rate
€115,24
Expected occupancy rate
60%
Gross rental p/m
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€0000
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Mortgage costs
-€614,13
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€92,50
{% 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
-€333,33
Annual cleaning costs:€4000 (€333.33/month).Based on number of bedrooms.
Platform fees
-€315,47
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€82,41
Municipal taxes for Torrevieja
Tax
(19%)
-€126,41
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
€115,24
High season
€150
Mid season
€111,08
Low season
€89
Price determining factors
- Property condition: Well-maintained, modern finishes increase desirability.
- Local market trends in 2027: Rising property prices driven by tourism and foreign investment.
- Property type: Apartments in a new, exclusive development tend to appreciate faster.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185,60 | Villa El Loto Blanco | 18.9 km |
| €150,33 | Villa Lindal - upper part of Ciudad Quesada. | 10.3 km |
| €231,40 | Fidalsa 5 Stars Sea Views | 12.2 km |
| €222,67 | Villa "Alma" with pool heating | 16.9 km |
| €196,40 | La Manzana - Villa with Private Pool | 13.7 km |
| €246,60 | Exclusive New build Villa with jacuzzi and pool | 7.8 km |
| €116,43 | Sunny stay at Casa Corten with Private pool. | 8.9 km |
| €121 | Very nice beachfront house. | 11.6 km |
| €119,20 | Villa-Capricho Playa - ParqueMar. VT-480073-A | 4.7 km |
| €98,40 | Nature Views Luxury Villa - 3BR en Pool | 5.3 km |
Return & Value appreciation
Annual return
4.91%
5 Year Return
24.55%
10 Year Return
49.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Modern, high-quality finishes and amenities enhance value.
- Local market trends in 2027: Growing demand for coastal properties in Torrevieja due to tourism and expatriate influx.
- Property type: Apartments in a new development attract investors and residents seeking modern living.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, boosting real estate investments.
- Demographic developments: Increasing number of retirees and expatriates favoring Mediterranean lifestyle.
- Infrastructure plans in 2027: Improvements in transportation, healthcare, and amenities support property appreciation.
- Historical WOZ value trends: Steady increase indicating rising property values and local government support.
Possible improvements
- Adding a private jacuzzi or hot tub on the terrace.
- Upgrading kitchen appliances and fixtures.
- Enhancing outdoor spaces with landscaping or additional furniture.
- Installing smart home technology for added convenience.
Description
Discover premium modern apartments in Torrevieja, Spain, at this exclusive new development nestled on the Costa Blanca. Featuring 12 contemporary residences, these bright, spacious apartments boast large terraces and access to a stunning communal rooftop pool, perfect for relaxing under the Mediterranean sun. Designed for privacy, with only two units per floor, these Torrevieja apartments offer top-quality finishes including underfloor heating, ducted air conditioning, and thermal break aluminium windows. Each apartment includes 1 to 3 bedrooms, two bathrooms with en-suite options, and open-plan living areas that seamlessly connect to sunlit terraces, ideal for enjoying the Mediterranean lifestyle. Residents benefit from elevator access, video intercom security, and scenic street views in a tranquil setting. Located just minutes from Torrevieja’s beautiful beaches, vibrant town center, and essential amenities, this property combines comfort, style, and a strategic location for both permanent residence and investment opportunities. Torrevieja, renowned for its salt lakes, lively cultural scene, and excellent rental demand, makes this development a compelling choice for those seeking a second home or a smart investment on the Costa Blanca. Explore the best of Spain’s coastal living with this exceptional property in Torrevieja, offering a blend of modern convenience and Mediterranean charm.
Location
Nightly rates in the area
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