240 m² central apartment with a two-unit option, Torrevieja

29, Calle Ramón Gallud, Torrevieja

ResidentialRedevelopmentRef. CL-2017-10

€280,000

For Sale

Size
240 m²
Bedrooms
5
Bathrooms
2
Strategy
Large-unit rental or split into two

This centrally located large-format apartment in offers a well-balanced short-term rental investment profile, supported by strong seasonal demand, resilient off-season performance, and flexible operational strategies.

Located on Calle Ramón Gallud, within walking distance of the beach, marina, and all central amenities, the property benefits from one of the most liquid short-term rental micro-locations in Torrevieja. Central areas consistently outperform peripheral zones, particularly outside peak summer months, due to walkability, medical services, restaurants, and year-round urban life.

With a total built area of approximately 240 m², the apartment can be positioned as a high-capacity short-term rental asset, suitable for families, multi-generational groups, and longer-stay guests. Large apartments in central Torrevieja represent a limited segment of the market and typically achieve higher booking values per reservation compared to standard 1–2 bedroom units.

Seasonal Rental Performance Overview

High Season (June – September) During peak summer months, Torrevieja experiences strong domestic tourism from Spain, as well as international demand from Northern and Central Europe.

  • Average occupancy: 80–90%
  • Average daily rate (ADR): €220–€260
  • Typical stay length: 6–10 nights
  • Guest profile: Families, group travel, summer holiday stays

Large apartments with multiple bedrooms and outdoor space perform particularly well in this period, as demand for group accommodation exceeds supply.

Mid Season (April – May, October) Shoulder months remain active due to mild weather, city events, and flexible travel patterns.

  • Average occupancy: 60–70%
  • Average daily rate (ADR): €160–€190
  • Guest profile: Couples, families, remote workers, extended stays

Low Season (November – March) Unlike purely resort-driven locations, central Torrevieja maintains steady off-season demand driven by long-stay visitors, retirees, medical tourism, and remote professionals.

  • Average occupancy: 45–55%
  • Average daily rate (ADR): €110–€140
  • Guest profile: Long-stay winter tenants, snowbirds, digital nomads

Estimated Annual Performance (Single Large Unit)

Using conservative assumptions across all seasons:

  • Blended annual occupancy: ~63%
  • Blended ADR: ~€165
  • Estimated annual booked nights: ~230
  • Estimated gross annual revenue: €38,000 – €42,000

This scenario prioritizes operational simplicity and fast market entry, requiring minimal structural changes.

Alternative Strategy: Division into Two Apartments (Subject to Feasibility)

Given the size and layout, the property may allow division into two independent apartments, subject to technical assessment, building regulations, and licensing requirements.

Expected performance per unit:

  • Average occupancy: 60–65%
  • Average ADR: €120–€150
  • Estimated gross annual revenue per unit: €22,000 – €26,000

Combined estimated gross annual revenue:

  • €44,000 – €52,000 annually

This strategy increases income stability by diversifying demand and reducing reliance on large-group bookings. It also improves exit flexibility, as smaller units are easier to sell or refinance individually.

Off-Season Optimization Strategy

To stabilize cash flow during low season, the property can be partially or fully repositioned toward:

  • Monthly rentals (November–March)
  • Medical and rehabilitation stays
  • Remote workers seeking city-center accommodation

Monthly winter rentals typically achieve €1,300 – €1,700 per unit (depending on configuration), significantly improving off-season occupancy while reducing operational costs.

Conclusion

This property represents a realistic and flexible short-term rental investment in one of Torrevieja’s strongest year-round locations. Whether operated as a single high-capacity apartment or reconfigured into two independent units, the asset offers stable seasonal performance, manageable off-season exposure, and multiple optimization paths.

Full support can be provided for feasibility analysis, licensing strategy, furnishing, pricing optimization, and professional short-term rental management to ensure sustainable and transparent returns.

Fully hands-off and professionally executed investment:

To ensure a fully hands-off and professionally executed investment, comprehensive support can be provided across all stages of the project, from acquisition to ongoing short-term rental operations.

Short-term rental management can be handled by a professional Airbnb property management company specializing in high-performing short-term rentals in Torrevieja. Their services include listing creation, dynamic pricing, guest communication, check-in coordination, housekeeping, and ongoing performance optimization, allowing investors to maximize revenue while minimizing operational involvement.
https://vitahost.es

The acquisition process and transaction execution can be managed by, ensuring structured deal coordination, due diligence support, and clear communication throughout the purchase process. This significantly reduces transaction risk, particularly for international investors.
https://sarahkaterina.com

In addition, investors may access a full redevelopment and value-add support framework. This includes professional interior designers, architects, and licensed construction teams capable of delivering turnkey renovation projects. These services are particularly relevant for layout optimization, short-term rental repositioning, or potential division of the property into two independent units, subject to feasibility and regulatory approval.

By integrating acquisition, redevelopment, and rental management under a coordinated structure, investors benefit from a streamlined process, improved execution quality, and predictable investment outcomes.

Details

Orientation
South
Distance to airport
45 km
Distance to beach
600 m
Distance to amenities
10 m
Distance to Golf
15 km

Features

  • Air conditioner
  • Fire Place
  • Heating
  • Laundry
  • Laundry Room
  • Lift
  • Patio

Location

29, Calle Ramón Gallud, Torrevieja. Open in Google Maps (external site)

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