3-Bed Apartment Cartagena €428,000 | Investment Opportunity
Nearby Amenities
Approximate distances. Contact us for exact property location.
About This Property
This 3-bedroom, 2-bathroom apartment in Mar De Cristal represents a compelling investment opportunity in one of Costa Blanca's most sought-after markets. At €2,518/m² for 170m² of premium specification, you're acquiring property at 40% less than equivalent Spanish island markets while benefiting from Cartagena's consistent +8% year-on-year appreciation. The investment thesis is straightforward: strong holiday let rental demand (typical €800 per week), established expat infrastructure, and strategic location within 20 minutes of multiple Blue Flag beaches. Cartagena's position as a working port city with serious infrastructure development creates genuine long-term capital appreciation potential, not speculative bubble markets. For buy-to-let investors, this property offers immediate rental yield generation combined with measured but reliable property value growth characteristic of authentic market demand rather than seasonal tourism spikes.
About Cartagena
Cartagena sits on Murcia's southeastern coast, a historic Mediterranean port city blending authentic Spanish culture with modern infrastructure. Unlike purely tourist-driven coastal towns, Cartagena functions as a working city with industrial heritage, creating economic resilience and genuine demand for residential property. The region experiences Mediterranean climate with 300+ sunshine days annually, mild winters (average 12°C), and warm summers (28°C). Geography positions you 50km from Alicante airport, 130km from Valencia, making accessibility straightforward for both leisure visitors and business travel. The city's strategic importance to Spain's economy, combined with regeneration projects and port development, creates economic fundamentals supporting property value growth independent of tourism cycles.
Life in Cartagena
Daily life in Cartagena offers genuine convenience without resort-town artificiality. The established international community means English is genuinely spoken; you'll encounter British, German, and Scandinavian families at local restaurants and markets. Shopping is practical rather than fashionable—Mercadona and Lidl alongside authentic weekly markets deliver excellent value. The healthcare system functions efficiently with private clinics offering English-speaking doctors for non-emergency needs, while regional hospitals provide comprehensive acute care. Restaurants range from tourist-focused seafood establishments to working-person tapas bars where locals actually eat. Blue Flag beaches within 20 minutes provide genuine recreational access rather than postcard scenery. For investors managing property remotely, the straightforward infrastructure and English-speaking service providers (electricians, plumbers, property managers) reduce operational friction considerably.
Investment Potential
Cartagena's property market demonstrates measurable fundamentals: +8% year-on-year appreciation despite regional economic headwinds. This apartment at €2,518/m² prices 15% above area average (€2,200/m²), reflecting premium specification and location. Holiday let rental data supports €800+ weekly bookings through established platforms; conservatively calculated at 35 weeks annual lettings yields €28,000 gross rental income (6.5% gross yield). Compared to Spanish island markets, you acquire equivalent property at 40% discount, providing substantial valuation margin. The investment logic appeals to buy-to-let operators seeking genuine rental demand markets with measured appreciation—not speculative coastal bubbles. Professional property management companies operate across Cartagena with transparent fee structures (typically 20-30% commission), making remote ownership operationally feasible.
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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