House in Finestrat, 3 bedrooms
Finestrat

House in Finestrat, 3 bedrooms

โ‚ฌ1.065.000 starting price
0.78% Annual ROI

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Project overview

Discover luxurious living in these brand new detached villas for sale in Finestrat, Spain, nestled within the prestigious Sierra Cortina urbanization on the Costa Blanca. These stunning Finestrat villas feature 3 spacious bedrooms and 3 modern bathrooms, each with a private garden and an independent swimming pool, perfect for relaxing and enjoying privacy. Built with high-quality materials from leading brands, these Finestrat villas offer excellent craftsmanship and contemporary design. Situated on plots ranging from 450 to 500 square meters, the properties include expansive gardens, basements, and private pools, providing ample space for outdoor entertainment and leisure. Located in the desirable Finestrat region, these villas boast breathtaking sea views and are ideally positioned just minutes from Benidorm, renowned for its beautiful beaches, vibrant nightlife, and diverse recreational activities. The Sierra Cortina urbanization ensures complete security and tranquility, set amidst a scenic landscape of mountains and sea. Whether you're seeking a permanent residence or a holiday retreat, these Finestrat villas in Spain combine luxury, comfort, and spectacular views. Priced from โ‚ฌ1,065,000, they represent an exceptional investment opportunity on the Costa Blanca.

Finestrat, ESP
Location
Project Overview

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Financial analysis

Analysis

Price
โ‚ฌ1.065.000
Own investment (30%)
โ‚ฌ319.500
Buyer costs
โ‚ฌ106.500
Estimated nightly rate
โ‚ฌ184,95
Expected occupancy rate
61%
Gross rental p/m
โ‚ฌ0000
Mortgage costs
-โ‚ฌ1.988
Maintenance costs
-โ‚ฌ54,17
Cleaning costs
-โ‚ฌ333,33
Platform fees
-โ‚ฌ514,74
Municipal taxes
-โ‚ฌ201,09
Tax (19%)
-โ‚ฌ64,65
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
โ‚ฌ184,95
High season
โ‚ฌ251
Mid season
โ‚ฌ177,25
Low season
โ‚ฌ120

Price determining factors

  • location near the coast and scenic views
  • luxury amenities including private pool and garden
  • modern interior design and high-quality materials
  • seasonal demand fluctuations
  • economic factors such as tourism trends and local development
  • property condition and maintenance

Comparable accommodations

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

Rate Hotel / apartment Distance
โ‚ฌ162,20 Charming house in a quiet area near the sea 24.5 km
โ‚ฌ260,20 Villa Paz 26.6 km
โ‚ฌ175,60 Renovated house 1st line to the sea, stunning views. 25.2 km
โ‚ฌ207,40 Mediterranean tropical house 26.6 km
โ‚ฌ131,20 Chalet with direct access to Muchavista beach 25.9 km
โ‚ฌ413,20 Villa Poniente Montiboli by Buccara 9.5 km
โ‚ฌ267,20 Villa near golf course & heated pool 1.7 km
โ‚ฌ185,80 Lovely Oasis La Familia - Premium. With 10m pool 2.3 km
โ‚ฌ187,60 Restored 1930s home in Old Town. 7.9 km
โ‚ฌ145 Uniquely designed house for 4 people near the sea (Altea) 9.5 km

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Return & Appreciation

Annual return

0.78%

5 Year Return

3.90%

10 Year Return

7.80%

ROI Distribution

Value Development

Factors for Value Appreciation

  • Property condition: The property appears to be brand new, which typically supports higher appreciation due to modern features and minimal immediate repairs.
  • Local market trends in 2027: The Costa Blanca region has shown steady growth driven by tourism and expatriate demand, likely continuing into 2027.
  • Property type: Luxury villas tend to appreciate well in desirable locations, especially with sea views and private amenities.
  • Economic outlook in 2027: Spain's economy is expected to recover and grow, bolstered by tourism and infrastructure investments.
  • Demographic developments: Increasing expatriate and retiree populations in Spain support demand for luxury properties.
  • Infrastructure plans in 2027: Planned improvements in transportation, healthcare, and amenities in Finestrat and Sierra Cortina will enhance property values.
  • Historical WOZ value development: The WOZ value has shown consistent growth, indicating rising property values in the area.

Possible Improvements

  • Enhance outdoor amenities such as adding a hot tub or outdoor kitchen to increase appeal.
  • Upgrade interior furnishings and appliances for a more luxurious experience.
  • Implement smart home technology for added convenience and modern appeal.
  • Improve landscaping and outdoor lighting for better aesthetics and security.
  • Offer additional services or packages, such as guided tours or wellness retreats, to attract higher-paying guests.

Risk assessment

Overall risk: Medium
Criterion Level Score Explanation
Location quality Low 20 Situated in a prestigious urbanization with sea views, high desirability.
Tenant demand Medium 50 High demand from luxury buyers and holidaymakers, but seasonal fluctuations exist.
Cash flow stability Medium 55 Stable rental income expected, but dependent on tourism and economic factors.

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