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Torrevieja, Alicante
From a buyer's perspective, this property in Torrevieja, Alicante, is a great option for both real estate investment and lifestyle purchase. The monthly rent of 450€ for September until May implies a total of 3,600€ for the rental period. This is a reasonable price for the location and size of the apartment, considering that the average rent in Torrevieja is around 12.50€/m², making the rent per square meter around 11.25€/m² (450€/50m²) for a one-bedroom apartment. In terms of real estate investment, this property offers a good return on investment (ROI), especially considering the average rent in the area. The ROI can be estimated by comparing the monthly rent to the total annual cost of owning the property, which includes the rent and potential taxes and insurance payments. However, it is essential to consider other factors such as property taxes, maintenance costs, and potential rental vacancy rates when calculating the ROI. As a lifestyle purchase, this property offers numerous benefits for its location and amenities. The apartment is located near the sea, La Mata beach, and the urbanization has two swimming pools and a beautiful garden, making it an ideal place for relaxation and socializing. Additionally, the Natural Park of La Mata and the famous salt flats are just a short distance away, providing a variety of recreational activities. The proximity to supermarkets, restaurants, and urban bus stops also ensures easy access to shopping, dining, and transportation options. In summary, this property appears to be a good investment opportunity and an attractive lifestyle purchase due to its location, amenities, and reasonable rent. However, it is still essential to consider the buyer's needs, financial situation, and overall comfort when deciding whether to invest in this property.
Torrevieja, Alicante