3-Bed Apartment Orihuela Costa €469k - Investment Property
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Approximate distances. Contact us for exact property location.
About This Property
This premium 3-bedroom, 2-bathroom apartment in Playa Flamenca represents a compelling investment opportunity in Orihuela Costa's thriving holiday rental market. Priced at €469,000 (€4,989/m²), this property sits 35% below comparable Costa Blanca North prices while maintaining superior rental potential. The apartment features 94m² of thoughtfully designed living space, ideal for holiday let operations with consistent €800+ weekly rental income during peak seasons. Orihuela Costa has experienced 10% year-on-year property appreciation, positioning this acquisition for strong capital growth. With 35 high-quality images documenting the property's condition, this represents a turnkey investment requiring minimal renovation. The location's proximity to La Zenia Boulevard shopping center, five championship golf courses, and pristine Blue Flag beaches creates year-round rental demand from European holidaymakers and golf enthusiasts. Investors seeking reliable Mediterranean portfolio diversification will find this property's price-to-yield ratio particularly attractive compared to saturated markets in the north.
About Orihuela Costa
Orihuela Costa stretches across the southern Costa Blanca, encompassing the charming beachside communities of Playa Flamenca, Campoamor, and Cabo Roig. This 15-kilometer stretch of Alicante coastline enjoys 300+ days of annual sunshine and moderate Mediterranean temperatures. The area transitions from pristine sandy beaches backed by promenades to established residential neighborhoods featuring modern apartment complexes and gated villa communities. Orihuela Costa has transformed from a quiet fishing village into a cosmopolitan destination balancing authentic Spanish character with international infrastructure. The region's strategic position between Torrevieja and Guardamar del Segura provides access to major shopping, healthcare, and entertainment facilities. Unlike overcrowded Costa del Sol alternatives, Orihuela Costa maintains a relaxed atmosphere with authentic local culture coexisting alongside established expat communities.
Life in Orihuela Costa
Life in Orihuela Costa revolves around the Mediterranean lifestyle—beach days, golf, and al fresco dining characterize daily rhythms. The strong British, Scandinavian, and Dutch expat communities ensure English is universally spoken in shops, restaurants, and medical facilities, eliminating language barriers for international residents. Weekend mornings often feature local market visits at Mercadona and Consum supermarkets, while evenings bring options ranging from beachfront paella restaurants to international cuisine throughout Playa Flamenca. Families appreciate proximity to international schools and English-speaking healthcare practitioners. Golf enthusiasts enjoy unlimited course access within 15 minutes—five championship courses including Villamartín's prestigious layout. The region maintains lower cost-of-living compared to northern European equivalents, with property prices and dining reflecting better value. Water sports, beach clubs, and the annual Orihuela Costa Festival provide entertainment options beyond property investment considerations. Shopping at La Zenia Boulevard offers European-standard retail while maintaining accessibility to authentic Spanish experiences.
Investment Potential
Orihuela Costa's investment fundamentals strengthen annually, with property prices appreciating 10% year-on-year against stagnant northern European markets. This apartment's €4,989/m² valuation sits 35% below equivalent Costa Blanca North properties, while commanding identical rental rates. Professional holiday let operators consistently achieve €800+ weekly rental income during March-October peak seasons, with shoulder months (September-May) maintaining €500-700 weekly rates. Conservative annual projections suggest €25,000-30,000 gross rental income, delivering 5.3-6.4% gross yield on purchase price—superior to European residential property averages. The thriving expat infrastructure, golf tourism, and family holiday demand ensure consistent booking rates. Property management companies operate extensively throughout Orihuela Costa, offering 20-30% commission structures for comprehensive guest handling, cleaning, and maintenance. Capital appreciation potential combined with immediate rental income positions this acquisition for dual-return investment strategy.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
Property Specialist
I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
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