4-Bed Premium Villa Penaguila €489,000 | Costa Blanca
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About This Property
Welcome to an exceptional opportunity to own a sophisticated 4-bedroom villa in the prestigious village of Penaguila, nestled in the heart of Costa Blanca. This premium property, priced at €489,000, represents outstanding value for discerning international buyers seeking authenticity without compromise. With a built area of 178m² on a generous 801m² plot, this residence offers the perfect balance of privacy and accessibility. What sets this villa apart is its premium specification at €2,747 per square meter—remarkably 40% less expensive than comparable properties in Spanish island markets, while maintaining the quality standards that luxury buyers demand. Penaguila is not a mass-market resort destination; it's a authentic Mediterranean village where established international residents enjoy sophisticated living away from coastal overcrowding. This property sits at the intersection of exclusivity and practicality, offering genuine lifestyle value in an increasingly discerning property market.
About Penaguila
Penaguila is a distinguished inland village in the Alicante province, positioned in the scenic Valencian mountains where tradition meets contemporary comfort. The village sits at approximately 800 meters elevation, providing cooler, fresher air than coastal areas while maintaining the Mediterranean climate Costa Blanca is renowned for. The surrounding landscape is characterized by almond and olive groves, creating an authentic Spanish countryside atmosphere that appeals to buyers seeking genuine cultural immersion rather than resort living. The region benefits from excellent connectivity—Alicante city is 50 minutes away by car, while the Costa Blanca beaches are just 20 minutes distant. This strategic location offers the best of both worlds: cultural depth and countryside tranquility, combined with convenient access to modern amenities, international schools, and premium healthcare facilities. The village has historically attracted European residents who value authenticity, and the infrastructure has evolved to support this discerning community without sacrificing local character.
Life in Penaguila
Living in Penaguila means joining an established community of sophisticated international residents who have chosen substance over superficiality. Daily life centers around the authentic Spanish rhythm—morning coffee in the village square, weekly visits to local markets where regional produce is sourced directly from area farmers, and evening paseos through characterful streets lined with traditional architecture. The village hosts a strong expat community with English widely spoken, making integration seamless while maintaining cultural authenticity. Healthcare access is exceptional; the regional hospital is just 30 minutes away, with private clinics offering English-speaking medical professionals available for routine care. Dining options reflect both traditional Spanish cuisine and international preferences, with acclaimed restaurants within 20 minutes. The proximity to Blue Flag beaches (20 minutes) means Mediterranean recreation is readily accessible, while championship golf courses nearby serve the sporting enthusiast. This is lifestyle living for those who appreciate substance—quiet sophistication, genuine connections, and the freedom to live on your own terms rather than following developer marketing scripts.
Investment Potential
The Costa Blanca property market has demonstrated consistent growth of 8% year-on-year, with Penaguila positioned ahead of this trend as international demand for authentic village living increases. This €489,000 villa generates genuine rental potential—similar properties in the area command €800+ weekly during peak season (7-10 weeks annually), representing approximately 5-7% gross rental yield without considering off-season bookings. Unlike saturated coastal markets, inland Penaguila attracts a quality demographic seeking authentic experiences, resulting in higher per-night rates and lower seasonal volatility. The 40% price advantage compared to island markets means increased equity position from purchase, while market fundamentals support appreciation as the sought-after international community continues expanding. This property suits both owner-occupiers seeking sophisticated Mediterranean residence and investors recognizing the rental appeal of village authenticity. Currency appreciation trends (Euro strength vs. sterling) also favor international investors, while Spanish taxation and legal frameworks increasingly attract EU and UK retirement capital.
Estimated Rental Income
Based on 55% 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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