€234,900 2 Bed Apartment Alicante - Investment Opportunity
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Approximate distances. Contact us for exact property location.
About This Property
This 83m² two-bedroom apartment in central Alicante represents a compelling investment opportunity in one of Spain's most dynamic coastal markets. Priced at €234,900 (€2,830/m²), this property offers premium specification at 40% less than comparable Spanish island markets, positioning it as exceptional value for buy-to-let investors and capital appreciation seekers. The Costa Blanca real estate market continues its upward trajectory with consistent 8% year-on-year growth, while typical weekly rental income of €800 demonstrates strong holiday let demand. Located in Alicante Centro, this apartment taps into established tourism infrastructure and a thriving expat community, creating dual revenue potential from both short-term holiday rentals and long-term tenancy. With 17 professional images showcasing every detail, this property merits serious consideration for portfolios targeting Mediterranean coastal assets with proven occupancy rates and rental yields.
About Alicante
Alicante, situated on the southeastern Costa Blanca coastline, has evolved into Spain's third-largest city and a premier European property investment destination. The municipality experiences a Mediterranean climate with 320+ days of annual sunshine, moderate winters, and warm summers—ideal conditions for tourism-driven rental markets. The city's strategic location provides 150km of pristine coastline, multiple Blue Flag beaches, and proximity to major regional amenities. Alicante's geographic position offers accessibility to international markets via Alicante-Elche Airport (9km away), making it attractive to British, German, and Scandinavian investors. The city blends historic charm—the Barrio Santa Cruz medieval quarter, Castle of Santa Bárbara—with modern urban development, waterfront promenades, and contemporary architecture. Infrastructure investments and EU funding have modernized transportation networks, making Alicante increasingly competitive within Mediterranean property markets.
Life in Alicante
Daily life in Alicante Centro combines Mediterranean coastal living with urban convenience. The established expat community—particularly British, German, and Northern European residents—creates an internationalized environment where English is widely spoken. Multiple supermarkets including Mercadona, Lidl, and Consum provide daily essentials within walking distance, while traditional weekly markets offer fresh produce and local products. Healthcare access includes a regional hospital within 30 minutes and private clinics with English-speaking doctors, ensuring medical security for international residents. The beach lifestyle defines much of Alicante's appeal: multiple Blue Flag beaches within 20 minutes offer water sports, beach clubs, and leisure activities year-round. International schools with British curriculum options serve families seeking continuity in education. The culinary scene ranges from tapas bars and paella restaurants to international dining, while championship golf courses nearby cater to leisure investors. Public transport includes extensive bus connections, though a car provides flexibility for exploring the broader Costa Blanca region.
Investment Potential
This property capitalizes on strong Costa Blanca market fundamentals. The 8% year-on-year appreciation trend reflects sustained demand from European investors and property seekers. At €2,830/m², this apartment commands a €630 premium over Alicante's average of €2,200/m², justified by central location and premium specification. However, this pricing remains 40% below equivalent Spanish island markets (Balearics, Canaries), offering superior value. Rental market data indicates €800 weekly rates for comparable two-bedroom properties in central Alicante, generating approximately €41,600 annual gross rental income (52-week occupancy). Conservative 40-week occupancy assumptions suggest €32,000 annual income, providing 13.6% gross yield before expenses. Capital appreciation aligns with regional market growth, positioning this asset for dual return profiles: immediate rental income plus long-term appreciation potential.
Estimated Rental Income
Based on 55% 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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