Spot image

1 / 3

Exact 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.

Need financing?

Boost your agricultural, livestock, or forestry operation through Cocampo.

Request financing

Location

Select map

Need valuation/appraisal?

At Cocampo we offer professional valuation services, tailored to each type of property.

Value my property

Notice an error in this listing?

Let us know so we can correct it and help others.

Similar properties

Here are some properties that resemble your search

Options

  • Save
  • Share
  • We use our own and third-party cookies for analytical purposes and to personalise your experience based on your browsing habits (e.g. pages visited). You can accept all cookies, reject non-essential ones or manage your preferences by clicking on the relevant buttons. For more information, please see our Cookie Policy.