3-Bed Bungalow Los Alcazares €399,900 - Costa Blanca
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About This Property
Discover your Mediterranean escape in Los Alcazares, where golden sunshine meets sophisticated coastal living. This exceptional 3-bedroom bungalow represents the perfect holiday home investment—a premium-specification property priced at just €399,900, remarkably 40% less than comparable offerings on Spain's island markets. Whether you're seeking a weekend retreat from northern Europe or planning to establish your second home in one of Costa Blanca's most sought-after communities, this property delivers lifestyle, value, and accessibility in equal measure. Located within the prestigious La Serena Golf development, you'll enjoy proximity to championship golf courses, pristine Blue Flag beaches, and the vibrant expat community that makes Los Alcazares uniquely welcoming. With 85m² of thoughtfully designed living space across three bedrooms and two bathrooms, this bungalow offers the perfect balance between intimate family getaways and profitable holiday rental potential. The Mediterranean climate ensures over 300 days of sunshine annually—your personal sunshine retreat awaits.
About Los Alcazares
Los Alcazares sits at the heart of Costa Blanca's Mar Menor region, a distinctive enclave where modern development meets authentic Spanish coastal character. This charming municipality enjoys a microclimate that produces some of the region's warmest winters and sunniest summers, protected by natural geographical features that create a unique Mediterranean sanctuary. The town has evolved into a cosmopolitan community without sacrificing its Spanish heritage, with excellent infrastructure supporting both permanent residents and holiday visitors. The proximity to championship golf courses, combined with the lagoon's calm waters and multiple award-winning beaches, makes Los Alcazares particularly attractive to discerning international buyers. The area boasts excellent connectivity via the AP-7 motorway, placing Barcelona, Valencia, and Alicante within comfortable driving distance.
Life in Los Alcazares
Daily life in Los Alcazares revolves around leisure, community, and Mediterranean rhythms. The established expat community means English is widely spoken, facilitating seamless integration for international residents and holiday visitors alike. Mornings might begin with coffee at a beachfront café, afternoons with rounds at nearby championship courses, and evenings enjoying fresh seafood at one of the numerous waterfront restaurants. The town offers everything needed for comfortable living: modern supermarkets including Mercadona and Lidl, weekly local markets bursting with fresh produce, and healthcare facilities staffed with English-speaking professionals. The beach culture is central to life here—multiple Blue Flag beaches lie within 20 minutes, offering swimming, water sports, and the kind of relaxed social scene that defines Mediterranean leisure.
Investment Potential
This property represents compelling value within Costa Blanca's dynamic property market. Priced at €4,705/m² with premium specifications, it commands approximately a 114% premium to Los Alcazares' average of €2,200/m² due to its specification quality and location within an exclusive development. The regional market shows consistent strength with an 8% year-on-year price appreciation trend, suggesting solid capital growth potential. The rental market is particularly attractive—similar properties in Los Alcazares typically generate €800 per week during peak seasons (July-August), delivering potential annual rental income of €35,000-€40,000 with professional management. This positions the property for both lifestyle enjoyment and financial returns, making it an intelligent acquisition for buyers seeking a holiday home that generates income during periods of non-use.
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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