Living in Penaguila
Penaguila is a charming inland town in the Costa Blanca region that offers an authentic Spanish lifestyle combined with modern amenities and a welcoming international community. This hidden gem attrac
74 New Builds
From €359,000
Costa Blanca North
Spain
Alicante-Elche
45 min
Why People Choose Penaguila
Daily life in Penaguila blends traditional Spanish culture with modern convenience. The town features vibrant local markets where fresh produce, fish, and regional specialties are available daily. Charming restaurants serve traditional Spanish cuisine alongside international options catering to the established expat community. Social life revolves around beach outings—just 20 minutes away—where Blue Flag beaches offer water sports, family activities, and leisurely afternoons. The expat community is well-established and welcoming, with numerous social groups, clubs, and English-speaking services making integration seamless. Spanish culture thrives through local festivals, fiestas, and traditional events. Shopping is convenient with modern supermarkets alongside authentic local markets. Golf enthusiasts enjoy several championship courses nearby, while hikers appreciate the natural landscapes. The pace is relaxed yet connected, offering peaceful living without isolation.
Penaguila enjoys a Mediterranean climate with over 300 days of sunshine annually, typical of the Costa Blanca region. Summers are warm and dry, with temperatures ranging from 28-32°C, while mild winters rarely drop below 10°C. Spring and autumn offer perfect conditions for outdoor activities, with comfortable temperatures around 20-24°C. The area receives minimal rainfall, concentrated in autumn and spring months. This predictable climate makes Penaguila ideal year-round living, with outdoor markets, beach visits, and golf available throughout the year. The elevation provides cooling breezes during summer months, making it more comfortable than coastal areas.
At a Glance
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New build developments in Penaguila offer modern Mediterranean homes with communal or private pools, quality finishes, and excellent value. From apartments to luxury villas, there are options for every budget and lifestyle.
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Experience the authentic flavors of Penaguila — from traditional tapas bars to fresh local markets bursting with Mediterranean produce.
Dining
Penaguila offers diverse dining experiences, from traditional Spanish tapas bars and family restaurants to international cuisine. Local establishments serve authentic regional dishes using fresh local ingredients, while the menú del día offers excellent value at around €10-12 for a three-course meal.
Healthcare
Healthcare in Penaguila is comprehensive and accessible, with a regional hospital located within 30 minutes' drive providing full acute care services. Private clinics are available throughout the area, offering shorter waiting times and specialized services. English-speaking doctors are readily available in both private and public facilities, ensuring communication is never a barrier. The healthcare system is modern and well-equipped, with pharmacies conveniently located throughout the town. Many residents maintain private health insurance, which is affordable and provides additional options. Emergency services are efficient and respond quickly to calls.
Transport
Bus connections link Penaguila to surrounding towns and the coast, providing public transport options. A car is recommended for maximum flexibility and independence, especially given the inland location. Public transport is functional but limited compared to coastal areas. Alicante-Elche Airport is approximately 50 kilometers away with frequent flights to European destinations. Valencia Airport, about 120 kilometers distant, offers additional flight options and is well-connected internationally. Penaguila benefits from good road connections via the N-332 motorway, enabling quick access to coastal towns like Benidorm and Javea. Driving to other inland villages and regional centers is straightforward. The road system is well-maintained and clearly signposted. Bus services operated by local companies connect Penaguila to the coast and neighboring towns. Services run regularly but less frequently than coastal areas. Train connections are available at nearby stations for longer journeys.
Shopping
Shopping in Penaguila offers excellent variety at competitive prices. Major supermarket chains including Mercadona, Lidl, and Consum provide everyday essentials and international products. Local markets operate regularly, offering fresh produce, fish, meat, and regional specialties at authentic prices. These markets are social hubs where you'll encounter locals and other residents. Supermarkets stock international brands and specialty items for those seeking familiar products. Shopping is convenient, with stores clustered in accessible locations. Many residents appreciate the blend of modern supermarkets and traditional markets.
Property Market in Penaguila
Penaguila's property market is experiencing healthy growth with an 8% year-on-year increase in values. The inland location and authentic character attract investors seeking value and capital appreciation. Properties are appreciating as more buyers discover this undervalued market segment.
Popular property types include Villas are the dominant property type, offering spacious living with land, gardens, and privacy highly valued by families and retirees..
Rental potential is strong with weekly rentals averaging €800 for a 7-night stay, providing solid income for holiday let investors. The established expat community and international appeal support consistent tourist demand. Capital growth projections are favorable given current market positioning and development trends.
Property Investment in Penaguila
Rental potential is strong with weekly rentals averaging €800 for a 7-night stay, providing solid income for holiday let investors. The established expat community and international appeal support consistent tourist demand. Capital growth projections are favorable given current market positioning and development trends.
🇪🇸Spain Property Market 2025
Spain remains one of Europe's most attractive property markets for international buyers. Post-pandemic demand has driven sustained price growth, particularly in coastal regions. The Costa Blanca North benefits from excellent infrastructure, established expat communities, and year-round appeal.
+35%
5-Year Growth
45%
Foreign Buyers
60
Days on Market
📍Penaguila & Costa Blanca South
Regional Trends
Costa Blanca North has seen strong demand from Scandinavian, British and German buyers. Premium areas like Jávea, Moraira and Altea command higher prices but offer exceptional quality of life with lower density and natural beauty.
Local Developments
Penaguila continues to attract new development from established Spanish builders. Infrastructure improvements and growing international demand enhance the area's appeal.
Future Outlook
Penaguila is positioned for continued growth with strong international demand and limited new supply. The extended season and established community support long-term property values.
💰Price Guide by Property Type
| Type | Price Range | Average | Trend (12mo) |
|---|---|---|---|
| Villas are the dominant property type | €305,150 - €412,850 | €359,000 | 📈+4% |
| offering spacious living with land | €341,983 - €462,683 | €402,333 | 📈+5.3% |
| gardens | €378,817 - €512,517 | €445,667 | 📈+6.7% |
| and privacy highly valued by families and retirees. | €415,650 - €562,350 | €489,000 | 📈+8% |
* Prices based on new build properties. Data updated monthly.
🏠Rental Returns
Short-Term (Holiday)
4-6%
Gross annual yield
Long-Term Rental
2-4%
Gross annual yield
Average Occupancy
65-80%
Golf season extends demand
📊How Penaguila Compares
| Area | Avg. Price (3-bed villa) | Rental Yield | Beach | Airport |
|---|---|---|---|---|
| Penaguila(This area) | €424,000 | 46% | 10-20 min | 45 min |
| Jávea | €550,000 | 4.5% | 5 min | 90 min |
| Calpe | €380,000 | 5.2% | 5 min | 75 min |
| Moraira | €650,000 | 4% | 5 min | 85 min |
Lower entry prices than comparable markets with similar rental returns
Growing international demand driving steady price appreciation
Long-term rental demand from growing expat community
Cost of Living in Penaguila
Living costs in Penaguila are significantly lower than Northern Europe and very competitive within Spain. Inland locations like Penaguila offer particularly good value for daily expenses.
Groceries (monthly, couple)
€280-400
Mercadona, Lidl, and local markets nearby
Utilities (electricity, water, gas)
€100-160
Higher in summer with air conditioning
Community fees
€50-120
Varies by development and included services
IBI (Council tax)
€400-1,000/year
Annual property tax based on cadastral value
Dining out (per person)
€10-22
Menú del día from €10; restaurants €15-30
Internet & Phone
€35-50
Good broadband coverage; multiple providers
Car expenses (fuel, insurance)
€150-250
Essential for inland living
Private health insurance
€60-150
Comprehensive coverage; lower for younger residents
Budget Summary for a Couple
Comfortable Living
€1,500-2,000/month
Excluding mortgage/rent
Including Activities
€1,800-2,500/month
Dining, sports, social
vs. Northern Europe
30-40% less
Lower taxes, food, dining
A Day in Penaguila
A Typical Day in Penaguila
Morning Coffee
Start the day with fresh coffee on your terrace, enjoying the morning sunshine and peaceful surroundings
Market Visit
Browse the local market for fresh produce, bread, and seasonal specialities from local farmers
Fresh Market Shopping
Pick up fresh bread, fruit, and local produce from the supermarket or weekly market
Spanish Lunch
Enjoy a leisurely menú del día at a local restaurant—three courses with wine for around €12
Siesta & Pool
Rest during the warmest hours, then cool off in your private or communal pool
Afternoon Walk
Explore the surrounding countryside or village streets as the temperature cools
Evening Paseo
Join the locals for the traditional evening walk through town, greeting neighbours and friends
Tapas Dinner
End the day with tapas and a glass of local wine at your favourite restaurant, dining al fresco under the stars
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Find Your Home in PenaguilaSchools Near Penaguila
Families in Penaguila have access to quality education options in the surrounding area, with several international schools serving the expatriate community alongside excellent Spanish state schools.
El Limonar International School (Villajoyosa)
International (British)
British curriculum school with GCSE and A-Level programmes, excellent facilities and strong academic results
Laude Lady Elizabeth School
International (British/IB)
British and IB curriculum with outstanding facilities, sports programmes, and multilingual education
Local Spanish Primary School
Spanish State
Local state school providing Spanish curriculum education, excellent for language immersion and community integration
Local Spanish Secondary School
Spanish State
State secondary school offering ESO and Bachillerato programmes with supportive learning environment
Events & Fiestas in Penaguila
Penaguila celebrates traditional Spanish fiestas and community events throughout the year, blending local traditions with the welcoming international community.
August
Fiestas Patronales
Annual patron saint festivities with parades, music, fireworks, and traditional celebrations bringing the whole community together
March/April
Semana Santa (Easter Week)
Solemn Holy Week processions through the streets with traditional floats and centuries-old religious traditions
December
Día de la Constitución
National holiday celebrations with local events, markets, and community gatherings
May
Spring Festival
Celebration of spring with flower displays, food stalls, traditional music, and community gatherings in the town square
October
Harvest Festival
Traditional autumn celebration featuring local produce, wine tasting, artisan markets, and regional gastronomy
December/January
Christmas Market & Three Kings
Festive season with market stalls, nativity scenes, and the spectacular Three Kings parade (Cabalgata de Reyes)
Expat Community in Penaguila
Penaguila has a growing international community, with expatriates drawn by the Mediterranean lifestyle, affordable living costs, and welcoming atmosphere. The authentic Spanish character of the area appeals to those seeking genuine integration with local culture. English is increasingly spoken, with many services available in English, making daily life comfortable for newcomers.
International Community
Community Highlights
Nature & Activities
Penaguila offers excellent outdoor activities year-round, from hiking and cycling to golf, nature walks, and more.
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Golf
Beaches
Sailing
Old TownsMountain Hiking
HikingScenic mountain trails through Mediterranean pine forests with panoramic views of the valleys and coast
Cycling Routes
CyclingRoad and mountain bike routes through the scenic countryside, suitable for all fitness levels
Nearby Golf Courses
GolfSeveral quality golf courses within easy driving distance offering year-round play in the Mediterranean sun
Nature Reserves & Birdwatching
Nature ReserveProtected natural areas nearby offering birdwatching, photography, and peaceful nature walks
Penaguila Area Map
Explore what's nearby. Click on markers to see distances, details, and directions.
All Locations (6)
El Limonar International School (Villajoyosa)
20-40 min
British curriculum school with GCSE and A-Level programmes, excellent facilities and strong academic results
Laude Lady Elizabeth School
25-45 min
British and IB curriculum with outstanding facilities, sports programmes, and multilingual education
Local Spanish Primary School
5-15 min
Local state school providing Spanish curriculum education, excellent for language immersion and community integration
Local Spanish Secondary School
10-20 min
State secondary school offering ESO and Bachillerato programmes with supportive learning environment
Properties in Penaguila
Penaguila
IDEMA
Penaguila
ALLON BAY HILLS
Penaguila
PORTO MARINA PLAZA
Penaguila
LA HOYA
Penaguila
SOL DE SALINAS
Penaguila
VINEYARD VIEWS
Guides for Buying in Penaguila
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Frequently Asked Questions about Penaguila
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