3-Bed Apartment San Pedro del Pinatar €289,000 | Investment
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À propos de ce bien
This 89m² three-bedroom apartment in San Pedro del Pinatar represents a compelling investment opportunity in one of Spain's most dynamic coastal markets. Priced at €289,000 (€3,247/m²), this property sits 40% below comparable island markets while offering identical rental yields and appreciation potential. The strategic pricing reflects premium specifications and a location increasingly favored by international investors seeking consistent holiday let income. With typical weekly rental rates of €800, this property projects strong cash flow potential alongside capital appreciation in a market demonstrating +8% year-on-year growth. San Pedro del Pinatar's established expat community, exceptional healthcare infrastructure, and proximity to championship golf courses and Blue Flag beaches create sustained demand for quality rental accommodation. For investors evaluating Costa Blanca opportunities, this property delivers measurable returns without the premium pricing of more saturated resort areas.
About San Pedro del Pinatar
San Pedro del Pinatar occupies a unique position on the Murcia coast, balancing authentic Spanish character with sophisticated international infrastructure. Located 50 kilometers south of Alicante, the municipality has evolved into a strategic hub for property investors seeking diversified portfolios beyond traditional Costa Blanca hotspots. The town's Mediterranean climate delivers 320+ days of annual sunshine, with winter temperatures averaging 12-16°C and summers 28-32°C. Distinct from overcrowded beach resorts, San Pedro del Pinatar maintains lower density development while offering equivalent amenities. The surrounding Mar Menor lagoon—Europe's largest saltwater lake—provides unique recreational opportunities including water sports, fishing, and wellness tourism. This geographic advantage differentiates the area from competitors, creating specialized demand from both holiday renters and permanent relocators seeking alternative lifestyle models.
Life in San Pedro del Pinatar
Daily life in San Pedro del Pinatar centers on Mediterranean rhythms with reliable English-speaking services throughout the town. The established expat community—comprising British, Northern European, and international professionals—has normalized English in restaurants, healthcare, and administrative services. Mercadona and Lidl supermarkets provide familiar shopping experiences, while local markets operate twice weekly with fresh produce from regional farms. Healthcare access includes a regional hospital within 30 minutes and multiple private clinics with English-speaking doctors available for routine care. Weekend activities revolve around Blue Flag beaches (20 minutes drive), championship golf courses with international memberships, and waterfront restaurants specializing in fresh seafood. The lifestyle suits investors seeking rental accommodation that appeals to quality-conscious holidaymakers aged 40-65 who value convenience over nightlife. Public transport connects to regional hubs, though car rental during tourist seasons remains advisable for maximizing property occupancy.
Potentiel d'investissement
San Pedro del Pinatar's property market demonstrates measurable appreciation with +8% year-on-year growth, outpacing broader Costa Blanca averages. This apartment's €3,247/m² pricing sits meaningfully below comparable specifications in island markets (Majorca, Ibiza, Canary Islands), creating arbitrage opportunities for investors managing diversified portfolios. Typical weekly rental rates of €800 generate €41,600 annualized gross revenue assuming 52-week occupancy. Conservative 50-week calculations (accounting for maintenance and vacancy) project €40,000 gross income against €289,000 capital deployment, delivering 13.8% gross yield before expenses. After accounting for municipal rates (€600-800 annually), utilities, and 15-20% management fees, net yields typically range 8-10%—substantially above European property averages and Spanish government bonds. The area's dual appeal to both holiday renters and permanent relocators creates portfolio flexibility, enabling tactical exit opportunities should capital appreciation warrant asset reallocation.
Revenus locatifs estimés
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
Spécialiste immobilier
J'aide les acheteurs internationaux à trouver leur bien idéal sur la Costa Blanca. Je parle anglais, suédois et espagnol.
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