€249,900 1-Bed Apartment Alicante - Investment Opportunity
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About This Property
This 1-bedroom, 2-bathroom apartment in Carolinas Bajas represents a compelling investment opportunity in one of Spain's most dynamic coastal markets. Priced at €249,900, the property offers exceptional value at €3,377/m² – approximately 40% less than comparable properties in Spanish island markets – while maintaining premium specifications and finishes. The Alicante market is experiencing robust growth with year-on-year appreciation of 8%, positioning this property for solid capital appreciation. With typical weekly holiday rental rates of €800, the apartment presents attractive rental income potential for investors seeking both appreciation and consistent cash flow. The location in Carolinas Bajas provides access to established infrastructure, nearby beaches, and a thriving expat community, making it ideal for holiday let management and long-term buy-to-let strategies. At 74m², this efficiently designed space maximizes functionality while maintaining manageable maintenance costs and attractive gross rental yields. For investors analyzing the Spanish property market, this property offers an entry point with strong fundamentals: growing market demand, reasonable acquisition costs, and proven rental market strength in the region.
About Alicante
Alicante, located on Spain's southeastern Costa Blanca coast, offers a Mediterranean climate with over 300 days of sunshine annually. The province spans diverse landscapes from urban coastal centers to inland agricultural regions, providing varied lifestyle options. Alicante airport serves as a major international gateway, connecting the region to northern European markets and attracting continuous tourism and migration flows. The city of Alicante itself hosts a population of over 330,000, with the broader metropolitan area exceeding 500,000 residents. This scale ensures robust infrastructure, diverse amenities, and a established service economy. Carolinas Bajas sits within this dynamic region, benefiting from coastal proximity while maintaining more affordable pricing than beachfront areas. The regional economy supports tourism, international property investment, agriculture, and service industries, creating diverse employment and income opportunities. Property investment in Alicante has attracted institutional and individual investors from across Europe, establishing a mature market with transparent transactions and professional support services.
Life in Alicante
Living in Alicante means embracing a Mediterranean lifestyle with practical accessibility. The established international community – primarily UK, German, Dutch, and Scandinavian residents – has created English-speaking networks, making integration straightforward for foreign buyers. Daily life centers around accessible healthcare with English-speaking doctors available, modern supermarkets including Mercadona, Lidl, and Consum, and authentic weekly markets offering fresh produce. The coastline features multiple Blue Flag beaches within 20 minutes, providing recreational opportunities and supporting holiday rental demand. For investors managing rental properties, the region offers professional property management companies experienced with international guests. Transportation is convenient via bus connections, though most residents recommend having a car for flexibility. The expat infrastructure means established restaurants, social clubs, and community organizations cater to English speakers. Restaurant culture spans from casual tapas bars to fine dining, with excellent value compared to UK pricing. Shopping extends from local markets to modern commercial centers. The relaxed pace of Mediterranean life combines with practical modern amenities, creating an appealing environment for both owner-occupiers and property investors managing rental operations.
Investment Potential
The Alicante property market demonstrates sustained growth momentum with 8% year-on-year appreciation, outpacing inflation and European real estate averages. This property's €249,900 price point captures significant value – approximately 40% below comparable Spanish island properties while maintaining equivalent specifications. Weekly holiday rental rates of €800 generate approximately €41,600 in gross annual rental income (assuming 52 weeks at 100% occupancy), producing 16.6% gross rental yield. Net yields typically range 8-11% after accounting for management, maintenance, and vacancy factors. The dual bathroom configuration enhances rental appeal, commanding premium rates for group bookings and family holidays. Carolinas Bajas location attracts both beach holiday seekers and longer-term relocations, supporting diverse rental demand patterns. Capital appreciation potential remains strong given market momentum, undersupply of affordable coastal properties, and sustained international buyer interest. Property management companies in the region offer full-service holiday let administration, making passive investment management feasible. For investors analyzing returns, this property combines achievable acquisition costs, proven rental demand, and favorable appreciation trajectories – fundamental characteristics of sound property investment.
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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