3 Bed Apartment €299,900 San Pedro del Pinatar Spain
Nearby Amenities
Approximate distances. Contact us for exact property location.
About This Property
This 3-bedroom, 2-bathroom apartment in San Pedro del Pinatar represents a compelling investment opportunity in one of Costa Blanca's most sought-after towns. Priced at €299,900 (€2,255/m²), you're acquiring premium specification at 40% less than comparable properties in Spanish island markets—a significant advantage for investors seeking capital appreciation and rental income potential.
San Pedro del Pinatar has experienced consistent year-on-year growth of 8%, driven by its strategic location, expanding expat community, and thriving holiday rental market. This 133m² apartment capitalizes on strong demand from both long-term residents and short-term holiday visitors. Properties in this location typically generate €800 per week in holiday lettings, translating to robust annual rental yields. For investors, this means reliable cash flow combined with property value appreciation as the market continues its upward trajectory.
The town's accessibility to major amenities, excellent healthcare infrastructure, and established international community make it an increasingly attractive proposition for UK and Northern European buyers. Whether you're diversifying your portfolio or seeking a property with genuine earning potential, this apartment delivers tangible returns in a market showing no signs of slowing down.
About San Pedro del Pinatar
San Pedro del Pinatar is a thriving coastal municipality in Murcia, positioned strategically between Cartagena and Torrevieja on the Costa Blanca. The town sits at the convergence of the Mediterranean Sea and the Mar Menor lagoon, creating a unique geographical advantage that attracts both tourists and permanent residents. Its microclimate is exceptionally favorable—over 300 days of sunshine annually with mild winters rarely dropping below 10°C. The town has evolved from a traditional fishing village into a modern residential hub while retaining its authentic character. Modern infrastructure coexists with traditional architecture, and the local economy thrives on tourism, fishing, and increasingly, international property investment. The municipality's commitment to sustainable development and environmental protection makes it a forward-thinking choice for long-term property ownership.
Life in San Pedro del Pinatar
Living in San Pedro del Pinatar means embracing a genuinely Mediterranean lifestyle with practical conveniences. The established expat community—primarily British, Dutch, and Scandinavian—has created an environment where English is widely spoken and international perspectives are the norm. Your daily life revolves around excellent beaches within 20 minutes, local tapas bars serving fresh seafood, and weekly markets offering regional produce. The Mar Menor lagoon provides safe swimming and water sports opportunities just minutes away. Healthcare facilities are comprehensive with English-speaking doctors readily available, while supermarkets like Mercadona and Lidl ensure familiar shopping experiences. The pace is relaxed without sacrificing urban conveniences—restaurants, gyms, and leisure facilities cater to international residents. For investors, this means rental guests enjoy genuine quality-of-life benefits, driving higher occupancy rates and positive reviews for holiday lettings.
Investment Potential
This property sits at a strategic inflection point in San Pedro del Pinatar's market cycle. The town's 8% year-on-year price appreciation trend indicates sustained investor confidence and genuine demand fundamentals. At €2,255/m², this represents excellent value—only marginally above the €2,200/m² area average, yet offering premium specification. The rental market demonstrates consistent performance: typical weekly lettings command €800, generating approximately €41,600 annually at 85% occupancy. This translates to a gross rental yield of 13.9%—significantly above European averages. The 40% price advantage versus Spanish island markets means lower entry costs and faster ROI achievement. For portfolio diversification, the property offers capital appreciation potential as infrastructure improvements and tourism development continue. Institutional investor interest in Costa Blanca properties has intensified, supporting long-term value growth.
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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