3-Bed Apartment €325,000 Los Alcazares Costa Blanca
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About This Property
This 3-bedroom, 2-bathroom apartment in La Serena Golf represents a strategic investment opportunity in Los Alcazares, Murcia. Priced at €325,000 (€2,851/m²), this property offers premium specification at 40% less than comparable Spanish island markets. The Los Alcazares property market has demonstrated consistent growth of 8% year-on-year, positioning this purchase within an appreciating market. With typical weekly holiday let rates of €800, investors can realistically achieve strong rental income whilst building capital appreciation. The 114m² layout maximizes functionality and rental appeal, designed to attract both short-term holiday visitors and long-term tenants. Located within the established La Serena Golf community, this property benefits from sustained demand from international buyers seeking affordable Spanish real estate with proven income potential. Whether you're seeking portfolio diversification, passive holiday rental income, or capital growth in a fundamentally sound property market, this Los Alcazares apartment delivers measurable returns and tangible asset growth.
About Los Alcazares
Los Alcazares is a coastal municipality in Murcia, southeastern Spain, positioned along the Mar Menor lagoon. This unique geography creates protected waters ideal for families and water sports enthusiasts. The town benefits from approximately 300 days of sunshine annually, with mild winters and warm summers—perfect for year-round property occupation and holiday rental seasons. Located 40 kilometers south of Alicante and just 30 minutes from Alicante-Elche International Airport, Los Alcazares offers exceptional accessibility for international property owners. The area has transformed significantly over the past decade, evolving from a quiet fishing village into a modern, well-developed residential community while retaining authentic Spanish character. Strategic development of quality residential projects like La Serena Golf has attracted substantial foreign investment, creating a cosmopolitan atmosphere without losing local Mediterranean charm.
Life in Los Alcazares
Daily life in Los Alcazares centers on relaxed Mediterranean rhythms combined with modern conveniences. The established expat community—predominantly British, German, and Scandinavian—ensures English is widely spoken, simplifying integration and business transactions. Authentic tapas bars and international restaurants line the waterfront, whilst supermarkets including Mercadona, Lidl, and Consum provide familiar shopping options. The Mar Menor beaches, designated Blue Flag beaches within 20 minutes, offer protected swimming and water sports. Championship golf courses including La Serena Golf itself provide regular entertainment for resident and visiting guests. Weekly markets deliver fresh local produce, and the community benefits from excellent healthcare access with English-speaking medical professionals. The pace of life is distinctly slower than northern European standards, emphasizing outdoor activity, social connection, and enjoying consistent Mediterranean weather. For property investors, this lifestyle appeal directly translates to sustained holiday rental demand and tenant retention.
Investment Potential
Los Alcazares represents a fundamentally sound investment market with demonstrable growth trajectory. The 8% year-on-year price appreciation positions this €325,000 purchase within an expanding property market, with realistic capital gains potential over 3-5 year investment horizons. Rental income projections prove compelling: typical weekly holiday let rates of €800 translate to approximately €41,600 annually (52 weeks at 100% occupancy), representing a gross 12.8% return on investment before expenses. Even conservative occupancy assumptions of 70% generate €29,000 annual income. Comparative analysis reveals this property's €2,851/m² pricing significantly undercuts Spanish island markets (Balearics, Canaries) at premium 40% discounts, whilst maintaining superior rental demand due to Mar Menor's unique appeal. Long-term capital appreciation combined with consistent rental yields creates dual-income investment structure. Los Alcazares' expanding international resident base and growing reputation as affordable Mediterranean property destination ensure sustained holiday rental demand.
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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