€689,900 3-Bed Villa Los Alcazares | Premium Costa Blanca
Nearby Amenities
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About This Property
This exceptional 3-bedroom villa represents a sophisticated opportunity for discerning buyers seeking premium Spanish coastal living at remarkable value. Located in the prestigious Serena Golf community of Los Alcazares, this property exemplifies contemporary elegance with substantial built space of 140m² positioned on a generous 350m² plot. At €689,900, this villa commands exceptional pricing—40% below comparable Spanish island markets—making it an outstanding proposition for international buyers seeking premium specification without premium-market pricing. Los Alcazares has emerged as the intelligent alternative to overcrowded Costa del Sol hotspots, attracting affluent expat communities and savvy investors who recognize the region's sophisticated infrastructure, world-class golf amenities, and authentic Spanish Mediterranean character. The property sits within an exclusive gated development, offering the privacy and security expected by luxury buyers while maintaining convenient access to pristine Blue Flag beaches, championship golf courses, and cosmopolitan dining establishments. This is not merely a purchase; it represents entry into an established community of international professionals and retirees who have discovered the refined lifestyle that Los Alcazares uniquely provides.
About Los Alcazares
Los Alcazares occupies a distinctive position on Costa Blanca's southern coast, positioned between the Mar Menor's tranquil waters and the Mediterranean proper. This strategic location delivers Mediterranean climate excellence—320+ days of annual sunshine, mild winters, and refreshing sea breezes that moderate summer temperatures. The town has evolved into a cosmopolitan destination specifically favored by international professionals and retirees seeking authentic Spanish living without the tourist saturation of Benidorm or Marbella. The Serena Golf development anchors the area as a premium residential enclave, attracting buyers who value championship sporting facilities alongside residential tranquility. The nearby Mar Menor—Europe's largest saltwater lagoon—creates unique environmental conditions supporting marine biodiversity and offering distinctive water sports opportunities. Geography places Los Alcazares perfectly positioned: 45 minutes from Alicante International Airport, 30 minutes from Murcia's cultural offerings, yet sufficiently removed to preserve exclusive residential character.
Life in Los Alcazares
Daily life in Los Alcazares centers around a sophisticated blend of Mediterranean leisure and genuine community. The established international expat population—particularly British, Nordic, and Northern European residents—has created an infrastructure where English is commonly spoken, eliminating integration barriers for foreign buyers. Lifestyle revolves around championship golf (multiple courses within 15 minutes), beach culture at pristine Blue Flag beaches, and a restaurant scene that reflects cosmopolitan tastes alongside traditional Spanish establishments. The nearby Mar Menor supports yacht clubs, water sports centers, and seaside dining that attracts visitors from across Europe. Weekday rhythms favor leisurely mornings at beachside cafés, afternoon golf or water activities, and evening dining in established restaurants. The community hosts regular social events, bridge clubs, and activity groups catering to international residents. Healthcare access is seamless—private clinics operate throughout the region with English-speaking physicians, while major hospitals operate within 30 minutes. Shopping and dining needs are comprehensively served by established supermarket chains (Mercadona, Lidl, Consum) and weekly local markets offering fresh produce and artisanal goods.
Investment Potential
This property presents compelling investment credentials within a region experiencing consistent appreciation. Los Alcazares has demonstrated 8% year-on-year price growth—outpacing broader Spanish coastal markets while remaining substantially undervalued compared to overcrowded alternatives. At €4,928/m², this villa trades at premium 124% above Los Alcazares average (€2,200/m²), reflecting superior specification and golf community positioning—yet remains 40% below Spanish island market valuations. Rental potential supports capital appreciation: comparable properties in Serena Golf command €800+ per week during peak season, suggesting 4-6% gross rental yields for owner-operators willing to manage vacation letting. The established expat community and international appeal position Los Alcazares favorably within long-term tourism and residential migration trends. Buyers benefit from Spain's non-habitual resident tax status and favorable foreign ownership regulations, making this particularly suitable for EU and international acquisition. The combination of personal usage, rental income generation, and capital appreciation creates a triangulated investment profile.
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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