3 Bed Villa Penaguila €382,000 | Costa Blanca Family Home
Nearby Amenities
Approximate distances. Contact us for exact property location.
About This Property
Welcome to your family's new chapter in Penaguila. This 3-bedroom, 2-bathroom villa offers the space your growing family needs, combined with the safety and community feel that matters most. Located in the heart of Costa Blanca's interior, this €382,000 property represents exceptional value—40% less than comparable properties on Spanish islands while offering premium specification throughout. The 801m² plot provides endless possibilities for outdoor play, gardening, or simply enjoying Mediterranean sunshine as a family. With 140m² of thoughtfully designed living space, you'll find room for everyone to flourish. International schools, quality healthcare with English-speaking doctors, and a welcoming expat community mean you're not just buying a house; you're joining an established lifestyle where families thrive. The property sits in an established neighborhood where children can play safely and neighbors become lifelong friends.
About Penaguila
Penaguila is a charming inland town in the Marina Baja region of Alicante, nestled in the foothills between coastal resorts and inland mountains. With a population of around 1,200 residents, it maintains authentic Spanish character while welcoming international families. The landscape is dotted with almond groves and orange trees, creating a peaceful rural setting just 30 minutes from beaches and amenities. The local microclimate provides warm, sunny days throughout the year with cooling mountain breezes in summer. This strategic location offers the best of both worlds: rural tranquility for family living and quick access to schools, hospitals, shopping, and leisure facilities. The town has steadily developed infrastructure while preserving its village charm, making it increasingly popular with families seeking authentic Spanish living at reasonable prices.
Life in Penaguila
Daily life in Penaguila revolves around community and outdoor living. Your mornings might start at one of the local cafés, where you'll recognize familiar faces from the established international community. English is widely spoken, easing the transition for families relocating from the UK and Northern Europe. School runs are short and safe, with reputable international schools offering British curriculum options nearby. Afternoons are perfect for outdoor activities—the nearby countryside offers hiking, cycling, and exploration opportunities for children. Weekly markets provide fresh produce and a social hub where locals and expats naturally interact. For family outings, Blue Flag beaches are just 20 minutes away, offering safe swimming and water sports. Back home, the large plot space means gardens, play areas, and space to grow. The pace of life is noticeably slower than coastal resorts, allowing families to actually enjoy their time together. Healthcare access is straightforward, with English-speaking doctors and modern facilities within 30 minutes.
Investment Potential
Beyond being an excellent family home, this property offers compelling investment potential. Penaguila has seen property values increase 8% year-on-year as more families discover its appeal. The €382,000 price point—40% below comparable island markets—suggests room for appreciation as the area develops. Rental potential is strong; similar properties generate €800 per week during holiday seasons, making it viable for families wanting holiday income during school breaks. The established expat community and proximity to beaches and amenities mean consistent demand from holiday rental markets and potential relocators. As Costa Blanca continues to attract British and Northern European families seeking better value than coastal hotspots, inland areas like Penaguila are becoming increasingly sought-after. The combination of low entry price, strong rental demand, and appreciation trends makes this a practical investment alongside being your family's home.
Estimated Rental Income
Based on 55% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
Get Your Best Mortgage Rate
Our partner Habeno compares mortgage offers from multiple Spanish banks to find you the best rate.
Why Buy This Property?
Helpful Resources
Explore More Properties
Frequently Asked Questions
This Won't Last Long
Quality properties in Penaguila are selling fast. Take the next step before someone else does.
Similar Properties You'll Love
Oskar Peterson
Property Specialist
I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
Guide price
Get New Listings First
Be the first to know about new properties in Penaguila.
Latest Property Updates
Get notified when new properties match your criteria.
No spam. Unsubscribe anytime.