3-Bed Apartment €405k Santa Pola | Investment Property
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About This Property
This 3-bedroom, 2-bathroom apartment in Gran Alacant, Santa Pola represents a compelling investment opportunity in one of Costa Blanca's most sought-after locations. Priced at €405,000 (€4,175/m²), this property offers premium specification at 40% less than comparable Spanish island markets, positioning it strategically for both capital appreciation and rental income generation. Santa Pola has experienced consistent 8% year-on-year market growth, with strong holiday rental demand averaging €800 per week for comparable 3-bedroom units. The 97m² built area provides efficient, marketable space that appeals to both short-term holiday let operators and long-term tenants. Located in the established Gran Alacant community with excellent infrastructure, this apartment sits 30 minutes from Alicante airport, making it ideal for international investors seeking proven rental markets. The area's established expat community and English-speaking services reduce management complexity for overseas buyers. With 50 high-quality images showcasing the property, this is a ready-to-market asset for immediate rental deployment or patient capital appreciation strategy.
About Santa Pola
Santa Pola is a coastal municipality in southern Alicante province, strategically positioned between the major tourist markets of Benidorm and the Costa Blanca's quieter southern beaches. The town sits on Spain's southeastern coast, offering 12km of Mediterranean shoreline with multiple Blue Flag-designated beaches. Santa Pola benefits from a year-round temperate climate with 320+ days of sunshine annually, making it attractive for both holiday lettings and permanent relocations. The area has evolved from a traditional fishing village into a modern residential and tourism destination, retaining authentic character while attracting significant international investment. Its proximity to Alicante—just 25km north—provides access to major amenities, airports, and services without the overcrowding of larger resort towns. The natural harbor and marina add character and activity to the waterfront, while the surrounding countryside offers golf courses and outdoor recreation. This balance of modern infrastructure with Mediterranean authenticity has positioned Santa Pola as a value market with strong fundamentals.
Life in Santa Pola
Living in Santa Pola offers a relaxed Mediterranean lifestyle with practical modern conveniences. The established expat community means English is widely spoken in shops, restaurants, and service businesses, reducing the cultural adjustment curve for international residents. Beach access is immediate—multiple Blue Flag beaches within 20 minutes offer water sports, beach clubs, and swimming year-round. The local dining scene ranges from traditional Spanish tapas bars to contemporary international restaurants, reflecting the cosmopolitan resident base. Weekly markets provide fresh produce and local goods at modest prices, while Mercadona, Lidl, and Consum supermarkets cater to international shopping preferences. Healthcare access is straightforward with English-speaking private clinics available locally and a regional hospital 30 minutes away. The town maintains genuine Spanish character—local fiestas, fishing heritage, and authentic architecture—while offering seamless integration for foreign residents. Public transport connects to surrounding areas, though many investors own vehicles for flexibility. This combination of beach convenience, healthcare quality, affordable living costs, and established international infrastructure makes Santa Pola ideal for investors seeking personal use flexibility alongside rental income.
Investment Potential
This apartment presents a quantifiable investment case in a market demonstrating strong fundamentals. Santa Pola's 8% year-on-year appreciation trend outpaces Spanish national averages, driven by increasing European demand and limited new supply. At €4,175/m², this property trades at a 40% discount to comparable Spanish island markets (Balearics, Canaries), providing significant upside potential as Costa Blanca gains investment recognition. Typical weekly holiday rental rates for 3-bedroom apartments in Santa Pola average €800, generating €41,600 annually at 65% occupancy—a 10.3% gross rental yield before management costs. Long-term rental rates range €900-1,100 monthly, with consistent demand from northern European retirees and remote workers. The established expat community and English-speaking services reduce management complexity, enabling remote ownership. Property appreciation combined with rental income creates a dual-return investment structure. Santa Pola's value positioning versus saturated markets like Benidorm makes it ideal for investors seeking proven rental demand with capital appreciation potential. The 97m² footprint targets the highest-demand rental segment (families, small groups), maximizing occupancy rates and reducing seasonal vacancy risk.
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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