$832,319

Torrevieja Local

  • 8 Baths
  • 3,660 Sqft
  • 8,612 Sqft lot
  • Updated: July 1

About the Property

FINANCIAL BREAKDOWN OF THE PROJECT
1. STRUCTURE OF THE INVESTMENT

Acquisition of the asset: €750,000

Complete renovation (8 units): 238.000 €
(340 m² x 700 €/m²)

Additional expenses (taxes, licenses, notary – estimated 12% per purchase): 94.800 €

ESTIMATED TOTAL INVESTMENT: €1,122,800
2. SCENARIO A: SALES BY UNITS (PROMOTION MODEL)

The proje
FINANCIAL BREAKDOWN OF THE PROJECT
1. STRUCTURE OF THE INVESTMENT

Acquisition of the asset: €750,000

Complete renovation (8 units): 238.000 €
(340 m² x 700 €/m²)

Additional expenses (taxes, licenses, notary – estimated 12% per purchase): 94.800 €

ESTIMATED TOTAL INVESTMENT: €1,122,800
2. SCENARIO A: SALES BY UNITS (PROMOTION MODEL)

The project includes the division into 8 apartments of approximately 42 m², all with direct access to common areas and a swimming pool.

In Los Frutales, the average price of renovated or new-build housing for this type of product is around €2,620/m², especially when it incorporates added value such as a plot and swimming pool.

Estimated price per unit: 165.000 €

Total sales revenue: €1,320,000

Estimated net profit: €197,200

Estimated ROI: 17.5%

Estimated cycle time: 12–18 months

???? Clear ”buy wholesale and retail” strategy in a location with high market liquidity.

3. SCENARIO B: HOLIDAY EXPLOITATION (CASH FLOW MODEL)

Torrevieja is a market with a high tourist turnover. A renovated apartment in this area, close to the beach, can generate between €400 and €600 per week in high season.

Annual projection (8 units)

Gross income (average occupancy 65%): €115,000/year

Operating expenses (30% approx.): 34.500 €

Net Cash Flow (NOI): €80,500/year

Annual Net Return (Yield): 7.2%

This profitability far exceeds the average for the traditional residential market (4–5%), thanks to:

Space optimization

Added value of pool and garden

Real proximity to the sea

High international demand

STRATEGIC CONCLUSION

This is a versatile investment opportunity in one of the most consolidated areas of Torrevieja.

The project allows for a highly efficient hybrid strategy:

Sale of 4 units to recover a large part of the capital invested.

Maintenance of 4 units in holiday operation to generate recurring income and growing passive income.

The location in Los Frutales guarantees absorption of the product, both for sale and for rent.

Scarce asset + strategic location + flexible model = smart investment.
  • Property type

    Other

  • Price/sqft

    $227

  • Emissions

    X

  • Consumption

    X

Features

  • Garden
  • Pool
  • 2D Floor Plan
  • New Builds
  • Renovated
  • Investment Property

Explore the Area

Zona los Frutales, Alicante, Torrevieja, Valencian Community, Spain View on Google Maps
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INMOBILIARIA API AZNAR
Spain
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52
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2020
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INMOBILIARIA API AZNAR
Torrevieja, Spain
View agency profile
Last updated
July 1
First listed
Feb 28
Listing reference
AA-3488
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