3-Bed Apartment €390,000 Los Alcazares - Investment
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About This Property
This 3-bedroom, 2-bathroom apartment in La Serena Golf represents a compelling investment opportunity in one of Costa Blanca's most sought-after rental markets. Priced at €390,000 (€3,714/m²), this property sits 40% below comparable pricing in Spanish island markets while offering superior rental demand and capital appreciation potential. Los Alcazares has demonstrated consistent year-on-year growth of 8%, with typical weekly holiday let yields reaching €800. The 105m² built space across 159m² of plot provides flexibility for both primary residence and short-term rental income strategies. For investors seeking tangible returns in Spain's most developed tourism corridor, this apartment delivers the geographic positioning and market fundamentals needed for sustained appreciation and occupancy rates that outperform regional averages.
About Los Alcazares
Los Alcazares is a purpose-built resort community in Murcia, strategically positioned between Cartagena and the Mar Menor coastal zone. The area experiences over 300 days of sunshine annually with average temperatures of 18°C, creating year-round appeal for holiday rentals and retirement relocations. Developed around championship golf courses and modern infrastructure, Los Alcazares attracts international property investors specifically for its lower entry prices compared to Alicante provinces while maintaining strong tourist demand. The town sits 40 minutes from Alicante Airport and 50 minutes from Murcia Airport, making it accessible yet distinct from saturated coastal markets. Established in the 1990s as a planned community, Los Alcazares offers mature amenities, reliable services, and an established expat network that ensures both lifestyle comfort and reliable property management services for rental operators.
Life in Los Alcazares
Daily life in Los Alcazares combines resort convenience with authentic Spanish living. The established international community ensures English speakers throughout local services—from healthcare to estate agents to restaurants. Weekday rhythms remain relaxed, with access to excellent supermarkets (Mercadona, Lidl, Consum), weekly markets, and local restaurants serving everything from traditional Spanish cuisine to international preferences. Healthcare is a significant strength: the regional hospital is 30 minutes away, private clinics dot the area, and English-speaking doctors are standard. Blue Flag beaches are 20 minutes by car, offering regular weekend options without crowded peak-season chaos. For families, international schools with British curriculum options provide stability. The golf-centric infrastructure means clubs, practice facilities, and competitive play are integrated into community life. Public transport exists but a vehicle provides essential flexibility for beach trips, airport runs, and exploring the wider Murcia region.
Investment Potential
This property sits within Los Alcazares' high-appreciation zone, with consistent 8% year-on-year growth outpacing broader Costa Blanca averages. At €3,714/m², you're acquiring 40% below island-comparable pricing—a significant valuation advantage as the market matures. Weekly holiday let rates average €800, generating potential annual gross revenue of €41,600 at 65% occupancy (conservative for this location). After expenses (30-35% for management, maintenance, utilities), net yields approach 8-10% annually. Capital appreciation over 5-10 years, combined with rental income, creates a dual-return investment structure. The golf community positioning ensures consistent demographic demand: retirees, families, and golfers maintain high booking volumes year-round. Unlike seasonal-dependent coastal towns, Los Alcazares' infrastructure supports February-November peak periods plus Easter and summer family holidays, extending revenue windows beyond typical beach destinations.
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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