2 Bed Penthouse Los Alcazares €369,000 | Costa Blanca
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About This Property
Welcome to your Mediterranean escape. This stunning 2-bedroom penthouse in Serena Golf represents the ultimate sunshine retreat for those seeking a holiday home that combines modern comfort with coastal living at an exceptional price point. At €369,000, you're investing in a premium specification property that costs 40% less than comparable properties on Spain's island markets—a remarkable value proposition for discerning buyers. Los Alcazares has emerged as one of Costa Blanca's most sought-after destinations, attracting holiday homeowners who appreciate authentic Spanish charm without sacrificing contemporary amenities. With 17 high-quality images showcasing every detail, this 82m² penthouse offers the perfect balance of space and intimacy. Whether you're envisioning lazy days by the pool, morning walks to nearby Blue Flag beaches, or rounds at championship golf courses, this property delivers the holiday lifestyle you've been dreaming about. The established expat community here speaks English, making your transition seamless and your daily life genuinely comfortable.
About Los Alcazares
Los Alcazares is a charming coastal municipality in Murcia, positioned along the Mar Menor's tranquil waters. This picturesque town has retained its authentic Spanish character while welcoming international residents seeking genuine Mediterranean living. The microclimate here is exceptional—over 300 days of sunshine annually with mild winters that make outdoor living a year-round reality. Located just 40 minutes from Alicante Airport and 30 minutes from Cartagena's cultural attractions, Los Alcazares offers perfect accessibility without the overwhelm of major tourist hotspots. The town's bohemian atmosphere, local fish restaurants, and weekend markets create an enviable rhythm of life. Real estate here represents genuine value; the €2,200/m² average is significantly lower than nearby coastal areas, yet the town itself offers all the amenities and infrastructure of premium destinations. The property market has appreciated 8% year-on-year, reflecting both local confidence and growing international interest.
Life in Los Alcazares
Daily life in Los Alcazares strikes an enviable balance between relaxation and activity. Mornings might begin with a paseo to one of the nearby Blue Flag beaches—multiple sandy stretches lie within 20 minutes, perfect for swimming or simply watching the Mediterranean. The established international community means English is widely spoken; you'll find English-speaking doctors, restaurants with familiar menus, and neighbors who understand expat life. The local Mercadona and Lidl supermarkets stock everything you need, while weekly markets offer fresh produce and authentic local character. For golf enthusiasts, several championship courses are minutes away. Lunch often stretches into afternoon at beachfront chiringuitos, dinner at family-run restaurants serving fresh seafood. The pace here is intentional—there's always something to do if you want it, but absolute stillness is equally accessible. Healthcare is excellent with regional hospitals and private clinics, many with English-speaking staff. Whether you're here for a month or six months, Los Alcazares encourages you to slow down and actually live.
Investment Potential
This penthouse isn't just a holiday home—it's a smart investment. Los Alcazares has appreciated 8% year-on-year, with prices expected to continue climbing as the area gains recognition. At €4,500/m², this premium property sits above the €2,200/m² area average, reflecting its superior specification and turnkey condition. Rental potential is compelling: comparable properties in the area command €800 for a 7-night holiday let, meaning annual rental income could exceed €15,000 if you let the property 3-4 months yearly. Many owners successfully balance personal use with rental income, offsetting carrying costs while retaining their Mediterranean sanctuary. The 40% cost advantage versus Spanish island markets means appreciation potential remains significant—as Costa Blanca's reputation grows, these values will follow. Whether held long-term or actively let, this property offers the rare combination of personal enjoyment and financial sensibility.
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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