2 Bed Apartment €235,900 San Pedro del Pinatar Costa Blanca
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About This Property
This 76m² two-bedroom apartment in San Pedro del Pinatar represents a compelling investment opportunity on the Costa Blanca. Priced at €235,900 (€3,104/m²), this property delivers premium specification at 40% less than comparable Spanish island markets, positioning it perfectly for investors seeking capital appreciation and consistent rental income. San Pedro del Pinatar has experienced 8% year-on-year market growth, with typical holiday let rentals commanding €800 per week. The established international community and proven tourist appeal make this location particularly attractive for holiday let operations, offering investors both steady cash flow and long-term property value appreciation. The apartment's efficient layout, modern finishes, and proximity to award-winning beaches create multiple revenue streams—from weekly holiday rentals to seasonal long-term lets. For investment-focused buyers, this property combines accessible entry pricing with genuine ROI potential in one of Spain's most resilient coastal markets.
About San Pedro del Pinatar
San Pedro del Pinatar is a charming coastal town in Murcia, sitting at the southern tip of the Costa Blanca region where the Mediterranean meets natural salt marshes of significant ecological importance. The town benefits from a Mediterranean climate with 320 days of annual sunshine, mild winters, and warm summers—ideal conditions for both residents and holiday rental guests. Located approximately 50km south of Alicante, San Pedro del Pinatar has evolved from a fishing village into a modern, well-developed community while retaining authentic Spanish charm. The town's strategic position offers easy access to major transport links, shopping centers, and the wider Costa Blanca amenities, yet maintains a more relaxed, less-crowded atmosphere than some neighboring resort towns. The natural landscape features pristine beaches, salt flats, and Mediterranean pine forests, making it particularly attractive to nature-conscious visitors and health-conscious investors.
Life in San Pedro del Pinatar
Daily life in San Pedro del Pinatar balances coastal relaxation with practical convenience. The established expat community means English is widely spoken, with numerous international restaurants, bars, and services catering to foreign residents. Weekly markets offer fresh produce at authentic prices, while supermarket chains like Mercadona and Lidl provide familiar international products. The waterfront comes alive with beach clubs, chiringuitos (beachside restaurants), and water sports facilities. Healthcare access is excellent, with a regional hospital 30 minutes away and private English-speaking clinics available locally. The town's pedestrian-friendly layout makes daily shopping and dining accessible without a car, though having one maximizes flexibility for exploring the wider region. The established routine of seasonal tourism means locals understand and accommodate holiday let operations—an important factor for investment property management.
Investment Potential
The Costa Blanca property market has demonstrated resilience and consistent growth, with San Pedro del Pinatar specifically showing 8% year-on-year appreciation. This apartment's €235,900 price point sits above the local average of €2,200/m² (€167,000 base), reflecting premium specification and location within the town. However, at €3,104/m², it remains 40% cheaper than comparable properties in Mallorca, Menorca, and Ibiza—a significant value advantage. The holiday let market shows strong fundamentals: typical weekly rentals command €800, translating to potential annual gross income of €36,000-€40,000 depending on booking patterns. Net returns, accounting for management costs (typically 20-30%), maintenance, and utilities, typically yield 5-7% annually—competitive with Spanish government bonds and superior to many European property markets. The two-bedroom configuration appeals to diverse guest profiles: families (peak summer), couples (year-round), and small groups, broadening seasonal booking potential.
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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