2 Bed Apartment Alicante €319,900 | Investment Property
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Approximate distances. Contact us for exact property location.
About This Property
This 84m² two-bedroom apartment in Carolinas Bajas represents a strategic investment opportunity in Alicante's growing residential market. Priced at €319,900 (€3,808/m²), this property offers exceptional value compared to Spanish island markets, where equivalent properties command premium pricing. The Costa Blanca real estate market has demonstrated consistent +8% year-on-year appreciation, positioning this purchase for meaningful capital growth. With typical weekly rental rates of €800, investors can expect substantial holiday let income while enjoying appreciation potential. The established international community and proven tourist demand in Alicante create reliable income streams for buy-to-let investors. This property's location in Carolinas Bajas provides proximity to key amenities while maintaining affordability that outperforms competing Spanish coastal markets. For investors seeking a balance between current rental yield and long-term capital appreciation, this apartment delivers both within a transparent, regulated European market.
About Alicante
Alicante, located on Spain's southeastern Costa Blanca coastline, represents one of Europe's most accessible and investment-friendly Mediterranean destinations. The city sits approximately 150km south of Valencia and benefits from excellent road connections through the AP-7 motorway. Alicante-Elche Airport connects directly to major European cities, facilitating tourist arrivals for holiday let operations. The region enjoys 320 days of annual sunshine with average temperatures ranging from 12°C in winter to 28°C in summer. Carolinas Bajas sits within Alicante's expanded urban area, offering residential stability while remaining connected to the vibrant city center. The surrounding terrain features the Sierra de Aitana mountains providing dramatic backdrops, while the Mediterranean coastline delivers world-class beaches within 20 minutes. This geographical positioning creates natural appeal for both short-term holiday visitors and permanent residents seeking Mediterranean lifestyle with urban convenience.
Life in Alicante
Living in Alicante means immersing yourself in a mature, welcoming international community where English speakers outnumber Spanish speakers in many residential zones. Daily life centers on the renowned Paseo Marítimo beachfront, weekly farmers' markets offering fresh Mediterranean produce, and a calendar filled with cultural events and festivals. Carolinas Bajas residents enjoy straightforward access to international supermarkets including Mercadona and Lidl, local Spanish markets for authentic shopping experiences, and diverse dining options ranging from tapas bars to international restaurants. The established expat community means practical services operate in English—from healthcare providers to administrative support. Healthcare access includes modern private clinics alongside the regional hospital system, with English-speaking doctors readily available. Weekend activities span beach days at Blue Flag-designated shores, golf at championship courses, or exploring nearby medieval towns. The lifestyle balances Mediterranean relaxation with practical European infrastructure, appealing to investors who desire periodic stays while maintaining rental income.
Investment Potential
Alicante's real estate market demonstrates resilience with documented +8% year-on-year appreciation, substantially outpacing Spanish national averages. This property's €3,808/m² pricing sits 73% above Alicante's €2,200/m² average, reflecting premium specification and investment-grade finishes. However, compared to equivalent properties on Mallorca, Menorca, and Ibiza—where €5,500-7,000/m² represents standard pricing—this represents 40% savings while accessing identical European infrastructure and services. Weekly rental data supports €800 yields for competently managed properties, generating approximately €41,600 annually (52 weeks at full occupancy). Realistic occupancy rates of 60-70% still produce €25,000-29,000 in gross annual rental income, representing 7.8-9.1% gross yield. The established international community ensures consistent tourist demand, while the substantial UK expatriate population provides year-round demand variation. Capital appreciation combined with operational rental income creates a compelling dual-return profile for strategic investors.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
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I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
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