€275,000 | 1 Bed Apartment Finestrat | Investment
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About This Property
This 1-bedroom, 2-bathroom apartment in Cala de Finestrat represents a compelling investment opportunity in one of Costa Blanca's most sought-after residential markets. Priced at €275,000 (€3,618/m²), this property delivers premium specification at 40% below comparable Spanish island markets—a significant value advantage for investors seeking strong returns. The Finestrat market has demonstrated consistent growth, with property values increasing 8% year-on-year, positioning early investors for capital appreciation. With typical holiday let rental rates of €800 per week and year-round demand from international tourists and short-term tenants, this apartment offers reliable passive income potential. The 76m² layout maximizes usable space, while the established expat community and robust tourism infrastructure in Cala de Finestrat ensure consistent occupancy rates. For investors targeting Spanish coastal property with proven demand dynamics and favourable entry pricing, this represents an opportunity to acquire premium specification accommodation at a fraction of Balearic equivalents.
About Finestrat
Finestrat is a picturesque coastal municipality in Alicante province, positioned along the Mediterranean coast between Benidorm and Calpe. The area benefits from a Mediterranean climate with 300+ days of annual sunshine, warm summers (28-30°C), and mild winters (12-15°C). Cala de Finestrat specifically occupies a prime beachfront location with dramatic limestone cliffs and coves that define the Costa Blanca landscape. The municipality maintains a population of approximately 3,500, creating a quieter alternative to nearby Benidorm while retaining full urban amenities. The terrain features the stunning Sierra de Aitana mountain range backdrop, contributing to the area's natural appeal and outdoor recreation opportunities. Investment activity has intensified as international buyers recognize Finestrat's strategic position—close enough to Benidorm's tourism infrastructure yet far enough removed to avoid overcrowding. The established vacation rental market, combined with residential demand, creates dual-income potential for property investors.
Life in Finestrat
Daily life in Finestrat centers around beach culture, Mediterranean dining, and an integrated international community where English is widely spoken. The beachfront promenade offers waterfront restaurants, tapas bars, and cafés catering to both tourists and residents. Local markets operate throughout the week, with supermarkets including Mercadona and Consum providing familiar grocery options. Healthcare access is straightforward, with regional hospitals within 30 minutes and private clinics offering English-speaking medical staff. The established expat community has created a welcoming environment with social networks, international schools, and businesses catering to British and Northern European residents. Beaches within 20 minutes include multiple Blue Flag-designated coves offering water sports, paddleboarding, and swimming. Restaurant scenes range from traditional Spanish chiringuitos to international cuisines, while weekly markets provide fresh produce and local specialties. For investors managing properties remotely, the reliable infrastructure, English-speaking services, and established property management industry make administration straightforward.
Investment Potential
The Finestrat property market demonstrates favorable investment fundamentals with 8% year-on-year capital appreciation and strong rental demand. This apartment, priced at €3,618/m², trades at a 39% discount to comparable Balearic properties while offering identical tourism infrastructure and international appeal. Holiday let rental rates average €800 per week, generating potential annual rental income of €35,000-€40,000 depending on occupancy and seasonal pricing optimization. The established expat community and international school presence support both long-term residential demand and short-term tourist lettings, creating portfolio flexibility. Finestrat's positioning between Benidorm tourism and quieter Costa Blanca settlements attracts mixed-use investors seeking higher occupancy than inland markets with lower volatility than primary resort areas. With annual property appreciation at 8%, combined with potential gross rental yields of 11-14% depending on management strategy, this asset class demonstrates multiple return vectors. European regulatory frameworks protecting foreign property rights and straightforward Spanish mortgage access for non-residents further enhance investment accessibility.
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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