3 Bed Apartment €319,900 Los Alcazares Costa Blanca
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About This Property
This 3-bedroom, 2-bathroom apartment in La Serena Golf, Los Alcazares represents a compelling investment opportunity on the Costa Blanca. Priced at €319,900 with premium specifications, you're acquiring property at €3,949/m² – substantially below comparable Spanish island markets by 40%. Los Alcazares has experienced consistent 8% year-on-year appreciation, positioning this property for solid capital growth. The typical 7-night holiday rental generates €800, translating to strong annual rental income potential. This isn't just a property purchase; it's a strategic investment in one of Spain's most stable and sought-after resort destinations. The apartment's modern finishes and proximity to championship golf courses appeal to the lucrative holiday let market, where demand consistently outpaces supply. Investors seeking tangible returns without astronomical acquisition costs will find this Los Alcazares apartment delivers measurable ROI potential.
About Los Alcazares
Los Alcazares sits on Murcia's Mediterranean coast, a town that has evolved into a premier residential and investment destination. Positioned between the natural beauty of the Mar Menor lagoon and the crystalline waters of the Mediterranean, Los Alcazares benefits from a microclimate that delivers 300+ days of sunshine annually. The town has transformed from a quiet fishing village into a sophisticated resort community, attracting international buyers seeking reliable investment returns. The local government has invested heavily in infrastructure, beach facilities, and public amenities. With direct road access to Alicante (45 minutes) and Murcia airport (30 minutes), the town maintains excellent connectivity. The established expat community creates a stable, English-speaking environment where property management and rental operations are straightforward for overseas investors.
Life in Los Alcazares
Daily life in Los Alcazares blends Mediterranean leisure with practical convenience. The town boasts multiple Blue Flag beaches within 20 minutes, offering both swimming and water sports opportunities. The international community speaks English throughout commercial areas, reducing the cultural adjustment period. Dining ranges from beachfront seafood restaurants to casual tapas bars, with weekly markets providing fresh produce. Mercadona and Lidl supermarkets cater to international tastes, stocking familiar products alongside local specialties. Healthcare access includes private English-speaking clinics and the regional hospital 30 minutes away. The established infrastructure means property management, maintenance, and rental administration are professionally handled. Golf enthusiasts benefit from several championship courses nearby. This practical balance – genuine lifestyle amenities combined with investor-friendly services – explains why Los Alcazares attracts serious property investors seeking both returns and occasional use.
Investment Potential
The investment fundamentals are compelling. Los Alcazares appreciates at 8% annually, with the regional market trending upward consistently. This 3-bedroom generates approximately €800 weekly through holiday lets, equivalent to €41,600 annually at 80% occupancy – a 13% gross yield. Compared to surrounding Costa Blanca areas, Los Alcazares property commands premium rental rates due to beach proximity and golf course access. The €319,900 purchase price, at €3,949/m², is objectively undervalued relative to Balearic properties (€6,500+/m²) and competing Costa Blanca resort towns. Capital appreciation combined with rental income creates a dual-return investment model. The established property management industry means absentee ownership is operationally simple. For investors seeking Mediterranean exposure without startup complications or island-level pricing, this Los Alcazares apartment represents structured, predictable returns.
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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