3 Bed Apartment €320k Santa Pola - Investment Property
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About This Property
This 3-bedroom, 2-bathroom apartment in Santa Pola represents a compelling investment opportunity in one of Costa Blanca's most sought-after coastal destinations. Priced at €320,000, this property offers premium specification at a significant discount—40% less expensive than comparable properties on Spanish island markets—while commanding strong rental demand year-round. With typical holiday let rates of €800 per week and a market experiencing consistent 8% year-on-year growth, this apartment is strategically positioned for both capital appreciation and reliable rental income. The location near Estación de autobuses provides excellent accessibility while maintaining proximity to Santa Pola's renowned beaches, making it attractive to both short-term holiday renters and long-term residents. At €3,678 per square meter, this represents premium value compared to the Santa Pola average of €2,200/m², reflecting the property's quality finishes and investment potential. International investors increasingly recognize Santa Pola as an undervalued alternative to overcrowded mainland resorts, with established infrastructure supporting both tourism and permanent residency.
About Santa Pola
Santa Pola is a dynamic Mediterranean coastal town located 25 minutes south of Alicante city center in the Valencian Community. This working port town combines authentic Spanish character with modern amenities, attracting both investors and residents seeking genuine coastal living beyond typical tourist zones. The town benefits from its position on the Costa Blanca's southern stretch, enjoying 300+ days of sunshine annually with mild winters averaging 12°C. Santa Pola's natural harbor provides economic vitality through fishing and commerce, while its designation as a Blue Flag beach destination reflects environmental quality and cleanliness standards. The town's established infrastructure—including hospitals, schools, and shopping centers—supports year-round habitation rather than seasonal tourism. Geography-wise, Santa Pola sits between Alicante and Torrevieja, offering convenient access to both urban amenities and quieter Mediterranean villages.
Life in Santa Pola
Daily life in Santa Pola revolves around Mediterranean rhythms with cosmopolitan conveniences. The established expat community—primarily British, Dutch, and Scandinavian—means English is widely spoken in shops, restaurants, and professional services, eliminating common relocation anxieties. Weekly farmers markets offer fresh produce at Spanish prices, while international supermarkets (Mercadona, Lidl, Consum) provide familiar products. Beach access defines leisure time here—multiple Blue Flag beaches within 20 minutes support swimming, sailing, and water sports year-round. The promenade features quality restaurants specializing in fresh seafood and paella, while tapas bars provide affordable evening entertainment. Healthcare access rivals Northern European standards, with English-speaking doctors and private clinics complementing public facilities. For active retirees and working professionals, championship golf courses, tennis clubs, and cycling routes provide structured recreation. The slower pace compared to Alicante city, combined with reliable infrastructure and international community support, creates an appealing quality-of-life proposition without sacrificing practical amenities.
Investment Potential
This property exemplifies smart coastal real estate investment in an emerging market. Santa Pola's real estate market has appreciated 8% year-on-year, substantially outpacing national averages while remaining 40% cheaper than Balearic Island equivalents. The rental market is particularly robust—comparable 3-bedroom apartments command €800 per week (€3,200 monthly) during peak seasons, with shoulder-season rates of €600 weekly maintaining occupancy year-round. Conservative annual estimates suggest €25,000-€30,000 gross rental income, translating to 7.8-9.4% gross yield—exceptional by European standards. Santa Pola's position as an undervalued alternative to overcrowded Costa Blanca hotspots (Benidorm, Playa del Inglés) means continued appreciation as international investors discover superior value and authentic Mediterranean living. The established expat community drives consistent holiday let demand, while new infrastructure investments (port improvements, local development) suggest sustained capital growth over five-year investment horizons.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
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I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
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