For Sale. Investment Opportunity For 8 Homes Just 350m From The Sea In Los Frutales, Torrevieja
Torrevieja € 750,000
Description
Los Frutales, Torrevieja, just 350 meters from the beach. We’re talking about a 340 m² commercial space with a private 800 m² plot. The opportunity here lies in the scarcity of ground-floor apartments with a communal pool and garden so close to the sea; these are the most sought-after properties for both European tourists and buyers looking for accessibility.
Below is the financial breakdown of the project:
1. Investment Structure
Asset Acquisition: €750,000
Complete Renovation (8 units): €238,000 (340 m² x €700/m²)
Additional Expenses (Taxes, Licenses, Notary – estimated 12% of purchase price): €90,000. €
Estimated Total Investment: €1,082,800
2. Scenario A: Sale by Units (Promotion)
We will divide the property into 8 apartments of approximately 42 m² each, with direct access to the communal areas and swimming pool. In the Los Frutales area, the average price for new construction or complete renovations of this type of property is around €2,620/m².
Estimated sale price per unit: €165,000 (adjusted for the value of the plot/pool).
Total Sales Revenue: €1,320,000
Estimated Net Profit: €242,000
Return on Investment (ROI): 22.4% over a 12-18 month cycle.
3. Scenario B: Vacation Rental (Cash Flow)
Torrevieja is a market with very high turnover. A renovated apartment near the beach in this area generates between €400 and €600 per week in high season.
Concept
Annual Estimate (8 units)
Gross Revenue (65% Occupancy)
€115,000 / year
Operating Expenses (Maintenance, Management, Utilities)
€34,500 (30%)
Net Cash Flow (NOI)
€80,500 / year
Net Annual Yield: 7.46%
Note: This yield is significantly higher than the average for the traditional market (4-5%) due to the efficient use of space and the added value of the pool and proximity to the beach.
Conclusion
This presents an opportunity to “buy wholesale” and sell “retail.” The location in Los Frutales guarantees a market for the product. A hybrid operation is possible: selling 4 units to recover the initial capital and keeping the other 4 in operation to generate increasing passive income.
Features
- close to amenities
- communal swimming pool
This style property is located in is currently Torrevieja and has been listed on Karma Homes. This property is listed at € 750,000. It has 8 beds bedrooms, 8 baths bathrooms, and is 340 m². The property was built in year.






