3 Bed Apartment €293,900 San Pedro del Pinatar Spain
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Über diese Immobilie
This 3-bedroom, 2-bathroom apartment in San Pedro del Pinatar represents a compelling investment opportunity on Spain's Costa Blanca. Priced at €293,900—just €10/m² above the local average—the property sits perfectly in a market experiencing 8% year-on-year appreciation. For investors targeting rental income, the numbers are attractive: comparable properties in this location generate approximately €800 per week during peak season, translating to strong seasonal holiday let potential. The 133m² layout maximizes rental appeal while maintaining reasonable purchase and management costs, making this an efficient capital deployment in a high-demand coastal market.
San Pedro del Pinatar has emerged as one of Spain's most undervalued coastal markets compared to island properties—approximately 40% cheaper than Balearic equivalents—yet maintains consistent demand from both holiday renters and permanent residents. The established expat community and English-speaking infrastructure reduce management friction for international investors. With blue flag beaches within 20 minutes and championship golf courses nearby, the town attracts diverse rental demographics: families, golfers, and retirees seeking affordability without sacrificing coastal lifestyle benefits.
About San Pedro del Pinatar
San Pedro del Pinatar is a working coastal town in Murcia's Region of Murcia, located on the Mediterranean where the Mar Menor lagoon meets open sea. Unlike overcrowded Costa del Sol areas, this town maintains authentic Spanish character while developing modern amenities for international residents. The climate delivers 320+ sunshine days annually with mild winters—average January temperatures around 13°C—making it suitable for year-round occupation and rentals. The town's geography offers natural protection through the lagoon's unique ecosystem, creating calm waters alongside open Mediterranean beaches. Infrastructure investment in recent years has modernized the town center while preserving the residential community that makes it attractive to investors seeking sustainable rental demand beyond temporary tourism peaks.
Life in San Pedro del Pinatar
Daily life in San Pedro del Pinatar combines Mediterranean beach access with practical Spanish town conveniences. The established international community—particularly British and Northern European residents—means English is widely spoken in shops, clinics, and restaurants, reducing cultural barriers for foreign buyers. Weekly markets offer fresh produce at Spanish prices, while modern Mercadona and Lidl supermarkets provide familiar brands. The beachfront promenade hosts restaurants and tapas bars serving fresh seafood alongside international cuisine. For retirees and families, the slower pace contrasts sharply with crowded Costa del Sol resorts while maintaining excellent healthcare access and international schools in the region. Golf enthusiasts find multiple championship courses within 30 minutes, while water sports—windsurfing, kayaking—capitalize on year-round conditions. The town's working character means rental guests encounter authentic Spain, not commercialized tourist zones, driving repeat bookings and positive reviews.
Investitionspotenzial
San Pedro del Pinatar's property market appreciated 8% year-over-year, outpacing broader Spanish averages while remaining undervalued versus island markets. This €293,900 purchase at €2,210/m²—€10 above local averages—captures value at market parity, positioning the investment before further appreciation materializes. Rental fundamentals support 10-12% gross yields: typical weekly holiday lets command €800 across peak and shoulder seasons, generating €41,600 annual revenue from 52 weeks. Accounting for 8-10 weeks maintenance, vacancy, and management (approximately 20% deduction), net rental income approaches €33,000 annually—11.2% on investment. The three-bedroom configuration attracts premium-paying family groups versus single-occupancy properties, while the beach proximity and golf access ensure year-round demand. Currency hedging favors UK and Northern European investors, as pound and euro stability historically provide capital preservation alongside rental income.
Geschätzte Mieteinnahmen
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
Immobilienspezialist
Ich helfe internationalen Käufern, ihr perfektes Zuhause an der Costa Blanca zu finden. Ich spreche Englisch, Schwedisch und Spanisch.
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