3 Bed Apartment €280k Hondón de las Nieves Alicante
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About This Property
This 3-bedroom, 2-bathroom apartment in Hondón de las Nieves represents a compelling investment opportunity on the Costa Blanca. Priced at €280,000 (€2,222/m²), it sits at market rate in a location experiencing consistent 8% year-on-year appreciation. With typical holiday let rental income of €800 per week, this property delivers solid ROI potential for investors seeking passive income streams. The premium specification combined with strategic positioning in an established expat community makes this an attractive acquisition for those targeting both capital appreciation and reliable holiday rental demand. Unlike Spanish island markets where comparable properties command 40% higher per-square-meter rates, Hondón de las Nieves offers exceptional value without compromising on lifestyle or amenity access. The 126m² layout optimizes space for holiday let operations, with distinct living zones appealing to diverse rental demographics throughout peak and shoulder seasons.
About Hondón de las Nieves
Hondón de las Nieves sits in the heart of Alicante's interior, approximately 30 kilometers from the Mediterranean coast. This white village (pueblo blanco) maintains authentic Spanish character while hosting a thriving international community. The region experiences 300+ days of annual sunshine with mild winters and warm summers, creating year-round appeal for both residents and holiday visitors. Elevation provides natural ventilation and cooler temperatures compared to coastal areas, reducing summer cooling costs. The surrounding landscape of almond groves and Mediterranean vegetation creates scenic appeal. Infrastructure includes modern utilities, reliable internet connectivity, and regular bus services connecting to larger towns and the coast. Property values here have demonstrated resilience through market cycles, with consistent appreciation driven by increased international interest and improved transport links.
Life in Hondón de las Nieves
Daily life in Hondón de las Nieves blends authentic Spanish village atmosphere with modern conveniences and international community support. English is widely spoken, particularly among property owners and service providers accustomed to international clients. The weekly market offers fresh local produce, while supermarket chains (Mercadona, Lidl, Consum) provide familiar shopping options. Healthcare access includes English-speaking doctors and private clinics within 30 minutes, plus a regional hospital. Restaurants range from traditional Spanish cuisine to international options catering to expat tastes. The beaches of Costa Blanca lie just 20 minutes away by car, with multiple Blue Flag designations ensuring water quality. Championship golf courses, hiking trails, and cultural activities provide diversified lifestyle options. The established expat community offers social networks, support services, and professional connections, reducing isolation for international residents and investors managing properties remotely.
Investment Potential
The Costa Blanca property market has demonstrated 8% year-on-year appreciation, with Hondón de las Nieves performing in line with regional averages at €2,200/m². This property's €2,222/m² pricing represents fair-to-slightly-premium positioning reflecting recent renovation quality. Holiday rental demand supports €800/week rates (approximately €41,600 annually at 65% occupancy), generating 14-15% gross yields before expenses. The location's 40% price discount versus Spanish island markets (Mallorca, Menorca, Ibiza) positions it attractively for investors seeking capital efficiency. Established expat community and international property management infrastructure reduce operational friction. The 3-bedroom configuration optimizes rental versatility across family groups, couples, and multi-generational travelers. Long-term capital appreciation, coupled with consistent rental income, creates dual-return investment profile increasingly attractive as interest rates normalize.
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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