3 Bed Bungalow Los Alcazares €320,000 | Costa Blanca
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About This Property
Discover your perfect Mediterranean escape in this exceptional 3-bedroom bungalow located in the heart of Serena Golf, Los Alcazares. Priced at just €320,000, this premium specification property offers outstanding value—40% less than comparable properties on Spanish island markets—making it an irresistible opportunity for discerning buyers seeking a sunshine retreat. Whether you're searching for a holiday home to call your own, a second residence for those precious Mediterranean getaways, or a smart investment property, this Los Alcazares bungalow delivers everything you need.
Murcia's Costa Blanca has emerged as Europe's most affordable yet compelling Mediterranean destination, attracting thousands of international buyers annually. This 100m² property combines modern construction quality with strategic location advantages, situated near championship golf courses, pristine beaches, and a thriving international community. The region enjoys over 300 days of sunshine annually, creating the ideal environment for a relaxed lifestyle where morning coffee overlooks Mediterranean vistas and afternoons drift between beach visits and social activities.
At €3,200 per square meter, this property represents genuine premium specification within the region, outperforming the Los Alcazares average of €2,200/m². The 8% year-on-year market appreciation, combined with typical weekly rental returns of €800, positions this as both a lifestyle purchase and a sound financial decision.
About Los Alcazares
Los Alcazares has evolved into one of Spain's most desirable residential communities, perfectly positioned on Murcia's coast between Cartagena and the more developed resort areas. This charming town sits just 40 minutes from Alicante's international airport, making it accessible yet refreshingly removed from mass tourism zones. The area enjoys a genuine Mediterranean climate with warm, dry summers and mild winters—perfect for year-round residence or seasonal retreats. Los Alcazares maintains an authentic Spanish character while embracing international residents, creating a balanced community atmosphere. The town's proximity to the Mar Menor lagoon provides unique recreational opportunities, while several championship golf courses within minutes make it a golfer's paradise. The established infrastructure—modern medical facilities, international schools, quality restaurants, and shopping centers—ensures all amenities are readily available without sacrificing the peaceful, relaxed lifestyle the area is known for.
Life in Los Alcazares
Life in Los Alcazares revolves around relaxation, recreation, and genuine community connection. Your days might begin with a beach walk along one of the nearby Blue Flag beaches, followed by breakfast at a waterfront café where English is widely spoken. The established international community means you'll find familiar support networks alongside authentic Spanish culture. Weekly markets offer fresh produce and local specialties, while modern supermarkets like Mercadona and Lidl provide convenience shopping. Afternoon activities could include a round at one of several championship golf courses, a swim in the Mediterranean, or simply enjoying your home's outdoor space. The temperate climate means outdoor living extends throughout the year. Restaurants ranging from casual beachfront chiringuitos to upscale dining experiences cater to all preferences, and the expat community ensures you'll never feel isolated. Healthcare is comprehensive with English-speaking doctors readily available, and quality international schools serve families seeking British curriculum education.
Investment Potential
Beyond lifestyle appeal, this property represents a compelling investment opportunity. Los Alcazares has experienced consistent 8% year-on-year property appreciation, outpacing broader Costa Blanca trends. The holiday rental market generates approximately €800 per week (€3,200 monthly during summer season), delivering potential annual returns of 12-15% depending on usage patterns. Unlike saturated beach resorts, Los Alcazares attracts a sustainable mix of long-term residents and seasonal visitors, ensuring consistent rental demand. The property's premium specification and three-bedroom configuration appeal to extended families and larger holiday groups, commanding premium rental rates. Many investors successfully balance personal use with rental income, visiting during preferred seasons while letting the property generate returns during other periods. At €320,000 with appreciation trending upward and rental yield potential, the economics support this as both a personal sanctuary and portfolio-building asset.
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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