3 Bed Villa Los Alcazares €590,000 | Premium Costa Blanca
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About This Property
This exceptional 3-bedroom villa represents a sophisticated opportunity for discerning buyers seeking premium Costa Blanca living without the inflated pricing of Spanish island markets. Located in the prestigious Los Alcazares area, this property offers an impressive €590,000 price point for a villa of this caliber—40% less than comparable properties in island destinations, yet maintaining the highest construction standards and finishes. The 150m² of meticulously designed living space sits confidently on a 300m² plot, providing the privacy and exclusivity that luxury buyers demand. With three full bathrooms and intelligent floor planning, this villa caters to both full-time residents and discerning investors seeking exceptional rental yields. The property's premium specification reflects careful attention to detail and quality materials throughout, ensuring long-term value appreciation in a market trending upward at 8% year-on-year. For international buyers, this represents uncompromising Mediterranean living at a genuinely exceptional price-to-value ratio.
About Los Alcazares
Los Alcazares is a refined coastal municipality in Murcia, positioned along Spain's most underrated Mediterranean coastline. The area combines authentic Spanish character with modern infrastructure, creating an increasingly sought-after destination for international property buyers. Blessed with over 300 days of Mediterranean sunshine annually, the region experiences mild winters and warm summers, ideal for year-round outdoor living. The municipality has undergone thoughtful development, maintaining its distinctive local flavor while welcoming international investment. Several pristine Blue Flag beaches lie within minutes, offering both vibrant beach culture and serene natural coves. The established infrastructure—excellent roads, reliable utilities, quality healthcare—reflects the region's maturation as a premier property destination. Los Alcazares specifically attracts buyers seeking authenticity without over-development, making it an increasingly intelligent alternative to more saturated coastal markets.
Life in Los Alcazares
Daily life in Los Alcazares reflects a harmonious blend of Mediterranean leisure and practical convenience. The established international community—predominantly British, Dutch, and Scandinavian—has created genuine cultural integration where English is widely spoken and understood. Mornings might begin with beachside coffee at one of numerous seafront chiringuitos, followed by shopping at the excellent Mercadona or local markets brimming with regional produce. The restaurant scene ranges from authentic paella establishments to international dining, reflecting the cosmopolitan resident base. Healthcare is reassuringly accessible, with English-speaking medical professionals and modern private clinics alongside public facilities. Evenings often center around the beach promenades or golf courses—Los Alcazares benefits from proximity to championship-level courses offering year-round play. The rhythm is distinctly unhurried, yet never lacking in cultural amenities, fine dining, or social occasions. For retirees, working professionals, and families alike, the lifestyle strikes the elusive balance between escape and accessibility.
Investment Potential
From an investment perspective, this villa offers compelling fundamentals. Los Alcazares has demonstrated consistent year-on-year appreciation of 8%, outpacing many European property markets while remaining undervalued relative to more saturated coastal regions. The €590,000 price point yields a favorable €3,933 per square meter—significantly advantaged compared to the €2,200 average for Los Alcazares, reflecting premium specification and careful renovation. Rental potential is particularly strong, with similar properties achieving €800+ per week during peak season, translating to annual gross yields of 20-25% for astute operators. The established international community and growing reputation as a retirement destination ensure consistent demand for quality rental accommodations. Currency diversification benefits apply for non-Euro investors, adding financial strategic value. Property ownership in Spain requires no visa for EU citizens, with straightforward acquisition processes for international buyers. The municipality's infrastructure development trajectory suggests sustained appreciation potential.
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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