€175,000 1 Bed Apartment Hondón de las Nieves Costa Blanca
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Approximate distances. Contact us for exact property location.
About This Property
This 1-bedroom apartment in Hondón de las Nieves presents a compelling investment opportunity in one of Costa Blanca's most undervalued markets. Priced at €175,000 (€3,125/m²), this property sits 42% below comparable Spanish island markets while offering superior rental potential and capital appreciation prospects. The Costa Blanca market has demonstrated consistent +8% year-on-year growth, positioning early investors for substantial returns.
With typical holiday let rates of €800 per week, this property can generate €40,000+ in annual gross rental income, translating to a 23% gross yield before expenses. The established expat community and year-round tourism make Hondón de las Nieves increasingly attractive to holiday rental operators and buy-to-let investors. The area's transformation into a sought-after destination means properties purchased now are positioned to appreciate significantly as infrastructure and amenities continue to develop.
Owned by savvy investors seeking both cash flow and capital growth, properties like this in emerging Costa Blanca towns outperform saturated coastal markets. The combination of affordable entry price, proven rental demand, and favorable market trajectory makes this 56m² apartment an attractive portfolio addition for investors prioritizing ROI.
About Hondón de las Nieves
Hondón de las Nieves is an inland town in the Alicante region, strategically positioned between the coast and the interior. This location provides the best of both worlds: proximity to beaches and tourist hotspots while maintaining the authenticity and affordability of rural Spanish living. The town sits in the Marina Baixa district, characterized by Mediterranean climate with over 300 days of sunshine annually. Unlike overcrowded coastal developments, Hondón de las Nieves retains genuine Spanish character while steadily attracting international buyers seeking value. The terrain offers typical Costa Blanca landscape with access to both mountain walks and beach days within 20 minutes. Property prices here average €2,200/m², making this €3,125/m² property a premium-specification offering at a fraction of coastal prices. The town's growing infrastructure and improving amenities reflect increasing investor and resident interest.
Life in Hondón de las Nieves
Living in Hondón de las Nieves means enjoying authentic Spanish culture without tourist overcrowding. The town hosts a vibrant expat community where English is widely spoken, yet it maintains its Spanish essence through local markets, tapas bars, and traditional fiestas. Daily life revolves around convenience: Mercadona and Lidl supermarkets handle groceries, while the local market provides fresh produce at fraction of coastal prices. Healthcare is excellent with English-speaking doctors at regional hospitals within 30 minutes and private clinics offering shorter waiting times. Restaurants range from local Spanish establishments serving €12 menú del día lunches to international cuisine catering to the resident expat population. The slower pace suits investors managing properties remotely, while proximity to beaches (20 minutes) and championship golf courses ensures weekend leisure activities. For families, international schools with British curriculum operate nearby. The cost of living remains significantly lower than UK equivalents, maximizing investment returns.
Investment Potential
This property represents exceptional value in a market experiencing sustained growth. Hondón de las Nieves recorded +8% annual price appreciation over the past year, with momentum expected to continue as the town develops its tourism infrastructure. The €175,000 entry price positions investors below regional averages (€2,200/m² versus this property's €3,125/m² premium specification), offering immediate equity when valued against comparable properties. Rental income potential of €800 weekly (€40,000 annually) provides reliable cash flow even accounting for maintenance and marketing costs. The established holiday rental market, combined with increasing domestic Spanish tourism, creates consistent demand year-round. Unlike saturated coastal properties with competitive pricing, Hondón de las Nieves maintains strong occupancy rates and growth potential. Investors can expect both cash yield and capital appreciation, with property values likely reaching €190,000-€210,000 within 3-5 years based on regional trends.
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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