3-Bed Apartment Mutxamel €310,500 | Costa Blanca Investment
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About This Property
This 3-bedroom, 2-bathroom apartment in Bonalba-Cotoveta represents a compelling investment opportunity in Mutxamel's expanding residential market. Priced at €310,500, the property offers premium specification at €3,375/m² – a significant 40% discount compared to equivalent properties on Spanish island markets. With the local Mutxamel market averaging €2,200/m², this well-positioned apartment capitalizes on a location experiencing consistent 8% year-on-year appreciation. For investors seeking rental income, the Costa Blanca demonstrates strong holiday let demand, with comparable 3-bedroom properties commanding approximately €800 per week in high season. The 92m² floor plan maximizes usable living space, making it equally attractive for owner-occupation or professional property management. Mutxamel's strategic location within 20 minutes of multiple Blue Flag beaches and major amenities ensures sustained tenant interest and capital appreciation potential.
About Mutxamel
Mutxamel is a thriving municipality in the southern Marina Baixa region of Alicante, positioned strategically between the bustling coastal developments and the quieter inland areas. Located approximately 20 kilometers north of Alicante city, the town benefits from Valencian Mediterranean climate characterized by 320+ days of annual sunshine, mild winters, and warm summers. The area has undergone significant modernization while maintaining authentic Spanish character, with new residential developments attracting both EU residents and international investors. Infrastructure improvements, including enhanced road connections and public transport links, have made Mutxamel increasingly accessible. The municipality combines suburban tranquility with proximity to beaches, major shopping centers, and commercial hubs, appealing to buyers seeking balanced lifestyle and investment returns. Local development plans indicate continued growth, with new amenities and residential projects supporting long-term property appreciation.
Life in Mutxamel
Daily life in Mutxamel revolves around a well-established international community where English is widely spoken and cultural integration is straightforward. The established expat networks facilitate practical information sharing regarding banking, healthcare, and property management. Residents benefit from excellent supermarket choices including Mercadona, Lidl, and Consum, alongside traditional Spanish weekly markets offering fresh produce at competitive prices. The proximity to multiple Blue Flag beaches means weekend recreation is minutes away, while several championship golf courses nearby cater to sporting enthusiasts. Healthcare access includes a regional hospital within 30 minutes and private clinics with English-speaking practitioners. Weekly routines incorporate Mediterranean dining culture, with local restaurants, bars, and cafes serving both international and traditional Spanish cuisine. International schools in the region provide continuity for families, while the relaxed pace suits professionals seeking work-life balance. Property management services are readily available for investors, handling rentals, maintenance, and guest communications efficiently.
Investment Potential
Mutxamel's property market has demonstrated 8% year-on-year appreciation, outpacing many established Costa Blanca destinations. At €3,375/m², this apartment commands a 53% premium over the municipal average of €2,200/m², reflecting premium specification and investment quality. However, positioning 40% below Spanish island markets (Majorca, Menorca) creates significant value arbitrage for yield-focused investors. Holiday rental analysis indicates comparable 3-bedroom properties achieving approximately €800 per week during peak seasons, potentially generating €35,000-€42,000 annual gross rental income. After accounting for property management (typically 15-20%), maintenance reserves, and taxation, net yields of 6-8% are achievable. Capital appreciation, combined with rental cash flow, creates dual-return investment dynamics. The established expat community and institutional property management infrastructure reduce operational complexity, appealing to investors requiring passive income structures.
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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