Spain

Avenida Habaneras Curva De Palangre

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Apartments for sale in Avenida Habaneras Curva De Palangre

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Avenida Habaneras Curva De Palangre FAQ

  • What are the average property prices on Avenida Habaneras Curva De Palangre?

    The average property prices on Avenida Habaneras Curva De Palangre vary significantly based on the type and condition of the properties available. As of late 2023, one-bedroom apartments typically range from €90,000 to €120,000, while two-bedroom options may be found in the €130,000 to €180,000 range. In contrast, larger three-bedroom apartments can command prices between €180,000 and €250,000. Newly built or recently renovated properties often demand a premium, sometimes exceeding €300,000, particularly if they offer views or are close to the beachfront. Additionally, rental prices in this area can average around €750 to €1,200 per month, depending on size and amenities. These figures highlight the diverse options available along this popular avenue, catering to both buyers and renters alike.

  • How do property prices in Avenida Habaneras Curva De Palangre compare to nearby areas?

    Property prices in Avenida Habaneras Curva De Palangre generally reflect a mix of affordability and demand compared to nearby areas. For instance, as of late 2023, average prices per square meter in this zone hover around €1,500, which is slightly lower than the €1,700 per square meter in the adjacent La Zenia area. Conversely, properties in the bustling Torrevieja city center can reach up to €2,000 per square meter, driven by proximity to amenities and the beach. There are also notable differences in the rental market; average monthly rents on Avenida Habaneras range from €700 to €900, while neighboring areas might see rental prices closer to €1,000 for similar accommodations. Such price variances underscore the appeal of Avenida Habaneras Curva De Palangre as a competitive option for buyers and renters.

  • What factors influence real estate prices on Avenida Habaneras Curva De Palangre?

    Real estate prices on Avenida Habaneras Curva De Palangre are influenced by several key factors. The proximity to the Mediterranean coastline significantly boosts property values, with beachfront properties typically commanding prices upwards of €200,000 to €500,000, depending on size and views. Additionally, the area's popularity as a tourist destination leads to higher demand for vacation rentals, which can drive up market prices; properties rented out for holiday use can generate an average monthly income ranging between €1,000 and €2,500 in peak season. Local amenities, such as restaurants, shops, and markets, also have a notable impact. For example, being near a popular supermarket or a lively promenade can increase nearby property values by 5% to 10%. Furthermore, fluctuations in the Spanish real estate market and interest rates can affect buyer confidence and purchasing power, making properties more or less accessible. Lastly, urban development projects and infrastructure improvements in the surrounding areas can enhance desirability, resulting in property appreciation rates of 3% to 7% annually.