3 Bed Apartment €375k Santa Pola - Investment Opportunity
Nearby Amenities
Approximate distances. Contact us for exact property location.
About This Property
This 3-bedroom, 2-bathroom apartment in Playa Tamarit represents a compelling investment opportunity on the Costa Blanca. Priced at €375,000 (€2,534/m²), this property sits at a premium specification level yet costs 40% less than comparable properties in Spanish island markets—a significant value advantage. Santa Pola experiences consistent 8% year-on-year appreciation, and this apartment benefits from strong rental demand. Typical holiday lets in this location generate €800 per week, translating to substantial annual rental income for investors seeking passive returns. The 148m² layout provides excellent flexibility for both owner-occupation and holiday rental management, making it ideal for buy-to-let investors seeking capital appreciation combined with reliable rental yields. The established expat community and proven tourism infrastructure ensure consistent demand from international renters throughout the year.
About Santa Pola
Santa Pola is a coastal municipality in southern Alicante, located approximately 25km south of Alicante city. The town has transformed from a quiet fishing village into a thriving resort destination while maintaining its authentic Spanish character. Playa Tamarit, where this property is situated, benefits from multiple Blue Flag beaches within walking distance and excellent connectivity to wider Costa Blanca attractions. The region enjoys over 300 days of sunshine annually with mild winters and warm summers, creating ideal conditions for year-round holiday rentals. Santa Pola's strategic location between Alicante and Torrevieja makes it accessible yet less crowded than major tourist hotspots, contributing to its appeal among discerning investors.
Life in Santa Pola
Daily life in Santa Pola revolves around beach culture, outdoor dining, and a relaxed Mediterranean pace. The established international community—predominantly British, German, and Scandinavian expats—creates an English-speaking environment where practical matters are straightforward. Mercadona, Lidl, and Consum supermarkets serve routine shopping needs, while weekly local markets offer authentic Spanish produce and seafood. Healthcare access is excellent with a regional hospital within 30 minutes and several private clinics with English-speaking staff. The restaurant scene ranges from traditional Spanish chiringuitos on the beach to international cuisine, catering to diverse preferences. Public buses connect Santa Pola to nearby towns, though residents typically own cars for flexibility. The combination of Mediterranean lifestyle, practical amenities, and cost-efficiency creates an attractive living environment that supports strong tourist demand.
Investment Potential
Santa Pola's property market demonstrates solid fundamentals for investors. Year-on-year appreciation of 8% significantly outpaces inflation and provides genuine capital growth. Holiday rental demand remains consistently strong, with typical weekly rates of €800 generating annual gross rental income of approximately €41,600 for 52 weeks. Conservative occupancy assumptions of 65-70% yield realistic net rental returns of 12-15% annually after management and operational costs. This property's €2,534/m² valuation sits 15% above the Santa Pola average of €2,200/m², reflecting its premium specification and optimal location. Compared to Spanish island markets (Balearics, Canaries), this represents exceptional value—properties with identical specifications command 40% premium pricing. The combination of reasonable purchase price, strong rental income potential, and consistent capital appreciation makes this a strategically sound investment for buy-to-let portfolios.
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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