Approximate location
House of 0,08 ha for sale in Torrevieja, Alicante
URBAN
|
HOUSES
0.08 ha | Alicante
750,000 EUR
-5%
791,486 USD
Description
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.
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House of 0,08 ha for sale in Torrevieja, Alicante
URBAN
|
HOUSES
0.08 ha | Alicante
750,000 EUR
-5%
791,486 USD
Need financing?
Boost your agricultural, livestock, or forestry operation through Cocampo.
Request financing
Need valuation/appraisal?
At Cocampo we offer professional valuation services, tailored to each type of property.
Value my property
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