€305k 2-Bed Apartment Cartagena - Investment Opportunity
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About This Property
This 2-bedroom, 2-bathroom apartment in Mar de Cristal, Cartagena represents a compelling investment opportunity on the Costa Blanca. Priced at €305,000 (€2,563/m²), this property offers premium specifications at 40% less than comparable Spanish island markets—a significant value advantage for investors seeking rental income and capital appreciation. With the Cartagena market trending upward at 8% year-on-year, this 119m² property is positioned in a high-demand area attracting both holiday let investors and long-term rental seekers. The typical weekly rental rate of €800 demonstrates strong income potential, making this an attractive proposition for those looking to generate consistent returns while benefiting from the region's sustained property appreciation. Located in Mar de Cristal, a well-established community with excellent amenities and proximity to Blue Flag beaches, this apartment combines lifestyle appeal with solid investment fundamentals. The property's premium finish and strategic location position it ideally for both owner-occupiers seeking a Mediterranean base and investors building diversified property portfolios.
About Cartagena
Cartagena is a historic Mediterranean port city in the Murcia region, strategically positioned on Spain's southeastern coast. This ancient city blends Roman heritage with modern development, creating a unique character that appeals to international buyers. The region enjoys over 300 days of sunshine annually with mild winters and warm, dry summers—ideal for year-round living or holiday letting. Cartagena's waterfront location provides stunning coastal views and direct beach access, while the surrounding countryside offers golf courses, nature reserves, and rural charm within 30 minutes. The city has undergone significant investment in recent years, with modern infrastructure improvements and expanded international connections making it increasingly accessible. Mar de Cristal is a contemporary residential development within this vibrant area, offering modern amenities while maintaining proximity to Cartagena's historic center and beaches.
Life in Cartagena
Daily life in Cartagena centers on Mediterranean rhythms, beach culture, and a well-established expat community where English is widely spoken. The city offers excellent healthcare facilities including regional hospitals and private clinics with English-speaking staff, providing peace of mind for international residents. Shopping is convenient with major supermarkets (Mercadona, Lidl, Consum) alongside traditional markets offering fresh local produce. The expat population has created a cosmopolitan atmosphere with international restaurants, social clubs, and support networks. Multiple Blue Flag beaches within 20 minutes provide easy access to water sports, swimming, and seaside dining. For sports enthusiasts, several championship golf courses operate nearby, while the region supports an active social calendar. The established international community means newcomers integrate easily, with schools offering British curriculum options for families. Public transport via bus connections is available, though many residents find a car beneficial for exploring the wider region and accessing more remote amenities.
Investment Potential
Cartagena's property market demonstrates robust fundamentals for investment. Year-on-year appreciation of 8% positions this market ahead of many European alternatives, while prices remain 40% below comparable Spanish island markets—offering substantial upside potential. The €305,000 price point, coupled with typical weekly rental rates of €800, generates realistic gross yields for holiday let investors. The established tourism infrastructure and growing international awareness drive consistent demand from holiday renters, while the expanding expat community supports long-term rental markets. Compared to saturated Costa del Sol areas, Cartagena offers better value with emerging market growth characteristics. The property's premium specifications reduce maintenance costs and vacancy rates—critical factors for positive cash flow. For investors seeking dual benefits of income generation and capital appreciation, this Cartagena apartment addresses both investment objectives.
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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