2 Bed Apartment €205,000 Hondón de las Nieves Costa Blanca
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About This Property
This 2-bedroom, 2-bathroom apartment in Hondón de las Nieves represents a compelling investment opportunity in one of Costa Blanca's most undervalued markets. Priced at €205,000 (€2,470/m²), this property offers premium specification at 40% less than comparable properties on Spanish island markets, positioning it strategically for capital appreciation in a region experiencing consistent 8% year-on-year growth.
The rental potential is substantial for both holiday lets and long-term tenancy. With typical weekly holiday rental rates reaching €800, this property could generate €40,000+ annually in short-term income, while long-term rental yields remain competitive throughout the region. Hondón de las Nieves attracts a diverse demographic—retirees, digital nomads, and families seeking Mediterranean lifestyle without island premium pricing.
Investors benefit from the established expat infrastructure, English-speaking services, and proximity to major amenities within 20 minutes. The current market conditions favour early investors, as Hondón de las Nieves continues to gain recognition among international buyers seeking better value than saturated coastal areas. This property's premium finish and ideal size make it immediately rentable upon completion.
About Hondón de las Nieves
Hondón de las Nieves is a charming pueblo located in the inland region of Alicante province, part of the Vega Baja comarca. Positioned approximately 25 minutes from the coast, this location offers the authentic Spanish lifestyle without coastal development pressures. The area sits at a moderate elevation, providing cooler summers than beachfront properties and natural ventilation. Known as one of Costa Blanca's best-kept secrets, Hondón de las Nieves maintains a strong local community while increasingly attracting international buyers seeking genuine value. The region experiences 300+ days of sunshine annually with mild winters, making it ideal for year-round living or investment returns. Agricultural heritage and local produce markets define the area's character, while modern infrastructure has been seamlessly integrated to support growing populations.
Life in Hondón de las Nieves
Living in Hondón de las Nieves means embracing Mediterranean culture without the tourist economy constraints of coastal towns. The established expat community—spanning British, German, Scandinavian, and other European nationalities—has created an English-friendly environment with multilingual services, familiar food options, and social networks. Daily life centres around local markets offering fresh produce, multiple supermarket chains including Mercadona and Lidl, and family-run restaurants serving traditional cuisine. Healthcare access is straightforward with English-speaking doctors available through private clinics and regional hospitals within 30 minutes. Blue Flag beaches are reachable within 20 minutes for weekend leisure, while championship golf courses nearby cater to recreational interests. The pace of life is noticeably slower than coastal resorts, yet modern conveniences and reliable internet make remote work entirely feasible. School options include international institutions with British curricula, making it viable for families. Bus connections provide public transport flexibility, though most residents maintain vehicles for independence.
Investment Potential
The investment case for this property rests on three core factors: valuation advantage, rental demand, and market trajectory. At €2,470/m², this property commands a premium of 12% above Hondón de las Nieves average (€2,200/m²), justified by specification quality, but remains dramatically undervalued versus Spanish island comparable properties. The region's 8% year-on-year appreciation rate suggests €205,000 could reach €221,400 within 18 months. Holiday rental demand remains robust with standard weekly rates of €800 (€40,000 annual potential), while long-term tenancy provides stable alternative returns. The combination of lower entry pricing, established expat infrastructure, and consistent tourism flow to Costa Blanca creates favourable conditions for both capital growth and operational income. Compared to Benidorm, Javea, or island properties commanding €4,000+/m², this investment pathway offers superior returns with lower risk exposure.
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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