3-Bed Penthouse San Pedro del Pinatar €949,900
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About This Property
Discover this exceptional 3-bedroom penthouse in Lo Pagan, San Pedro del Pinatar—a prestigious address for discerning buyers seeking sophisticated Mediterranean living. At €949,900, this premium property offers an exceptional value proposition: priced at €5,555 per square metre, it delivers luxury specification at 40% less than comparable markets on Spanish islands. The penthouse spans an impressive 171 square metres of meticulously designed space, perfectly suited to buyers who demand quality, exclusivity, and intelligent investment. San Pedro del Pinatar has emerged as one of Costa Blanca's most desirable locations, attracting international investors and lifestyle-focused purchasers who appreciate authentic charm without sacrificing modern conveniences. This property represents a rare opportunity to acquire a premium residence in an established, thriving community where your investment aligns with strong market fundamentals and personal lifestyle aspirations.
About San Pedro del Pinatar
San Pedro del Pinatar stands on the northern reaches of Costa Blanca, positioned between the Mar Menor and Mediterranean Sea, creating a unique geographic advantage. This authentic fishing town has evolved into a sophisticated residential destination whilst maintaining its genuine character—a quality increasingly rare on the Costa. The area benefits from a Mediterranean climate with 300+ days of sunshine annually, mild winters averaging 14°C, and warm summers perfect for beach living. The town's strategic location provides easy access to Murcia's cultural offerings, whilst remaining distinctly separate from overdeveloped coastal regions. Its natural salt marshes and pristine beaches have earned multiple Blue Flag designations, reflecting environmental commitment. Infrastructure development has been thoughtful and proportional, ensuring the town retains its appeal whilst gaining modern amenities. The expat community here is well-established and genuinely integrated, creating a welcoming environment for international buyers.
Life in San Pedro del Pinatar
Life in San Pedro del Pinatar embodies a refined blend of coastal relaxation and practical convenience. The town supports an established international community where English is widely spoken, yet Spanish culture remains authentically present. Daily routines centre around excellent beaches—several within 15-20 minutes—alongside sophisticated dining, from beachfront restaurants serving fresh Mediterranean cuisine to charming local tapas bars. Weekly markets provide fresh produce and local goods, whilst supermarkets like Mercadona and Lidl offer familiar brands. Healthcare access is comprehensive, with English-speaking doctors at private clinics and regional hospitals within 30 minutes. For golfers, championship courses punctuate the surrounding landscape. The pace of life remains pleasantly measured; this isn't the frenetic energy of major tourist centres, but rather a community where residents genuinely live, work, and build social connections. The established expat networks mean newcomers integrate naturally, with numerous social groups, clubs, and community events creating genuine belonging.
Investment Potential
San Pedro del Pinatar's real estate market demonstrates robust fundamentals with year-on-year appreciation of 8%—significantly outpacing inflation and reflecting genuine demand. At €5,555 per square metre, this property sits 152% above the area's €2,200 average, a premium justified by specification and location quality. The rental market validates investment potential: comparable penthouses command approximately €800 weekly (€3,200 monthly), delivering potential 6-7% gross rental yields for investors. Unlike speculative markets, San Pedro del Pinatar appreciation stems from genuine lifestyle appeal and limited premium inventory. The international demographic—retirees, remote workers, investors—creates sustained demand. Properties in this category historically demonstrate strong capital preservation, with additional upside as the town continues maturing. For buyers considering long-term hold or periodic rental income, this represents a strategically positioned asset in an appreciating market.
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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