Torrevieja - This brand new development in the center of Torrevieja is set in 4 floors + penthouses, with 2 basement floors for garages and storage rooms, divided into 6 different types of brand new residential apartments. The property consists of 1 bedroom, 1 bathroom, living/dining area, and fully fitted kitchen. The ground floor apartments offer their own terrace and penthouses with private solarium. In addition it has 2 floors basement with large garages and storage rooms. The property also benefits from air conditioning and a communal swimming pool and leisure area.
New Build 1 Bedroom Apartments from €59,900 to €89,900
Furniture Packs for a 1 Bedroom Apartment = €3,900
Rental Pack for a 1 Bedroom Apartment = €2,500
The first 5 properties reserved have a promotion which includes the furniture pack
There are 5 rental options;
Option 1 – 1 Year rental no guarantee however the management company expect a yield of around 10% per annum paid in arrears at the end of each contractual year (there is no minimum investment amount)
Option 2 – 5.5% per annum rental guarantee paid in arrears at the end of each contractual year (there is no minimum investment amount)
Option 3 – 5% per annum rental guarantee paid in advance at the beginning of each contractual year (there is no minimum investment amount)
Option 4 – 5 Years @ 5% per annum rental guarantee so 25% over the term. Payments are as follows; 12.5% paid on signing of contracts i.e. day 1 and 12.5% paid at the end of the 5th contractual year (under this option there is a minimum total property investment of €250,000 i.e. 3 + properties purchased)
Option 5 – 5 Years @ 4% per annum rental guarantee so 20% over the term. Payments are as follows; 20% paid on signing of contracts i.e. day 1 (under this option there is a minimum total property investment of €250,000 i.e. 3 + properties purchased)
Property in Torrevieja is popular with many north European property buyers as it is a seaside city and centre of tourism in the south of the province of Alicante. Torrevieja is situated about a 50 minute drive south of Alicante and 10 minutes from the Orihuela Costa. It was originally a salt-mining and fishing village due to its location between the sea and two large salt lakes, giving Torrevieja its healthy micro climate. This 20 km stretch of coastline features six large beaches – La Mata, Cabo Cervera, Los Locos, El Cura, Los Náufragos and Ferris.
Torrevieja itself offers a wide range of shopping facilities as it contains around 2,500 shops. There are numerous sports clubs, sports facilities, schools, hospitals and a great shopping centre “Las Habaneras”.
The “Zenia Boulevard” shopping mall is right on your doorstep, approximately ten minutes drive south. The largest shopping centre in the province, described by many people as a small city, it has streets, squares, fountains, daily concerts and events, all creating an enjoyable and friendly atmosphere. Designed for both enjoyment and en...