2 Bed Penthouse San Miguel de Salinas €160,000
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About This Property
Welcome to your peaceful Costa Blanca retirement. This stunning 2-bedroom penthouse in San Miguel de Salinas offers the relaxed lifestyle you've been seeking, at just €2,286 per square meter—40% less than Spanish island markets. Built across 70 square meters of thoughtfully designed space, this property represents exceptional value in one of Spain's most sought-after expat communities. San Miguel de Salinas has become synonymous with easy living, where retirees from across Europe have established a vibrant, welcoming community. Here, you'll experience year-round sunshine, excellent healthcare facilities with English-speaking doctors, and a pace of life that prioritizes what truly matters: family, friends, and leisure. The market is moving upward at 8% year-on-year, making this an intelligent investment decision. Whether you're considering retirement in Spain or seeking a secure holiday home with impressive rental potential (€800 per week typical), this penthouse delivers on all fronts. The established international community means you'll never feel out of place, while Spanish culture and Mediterranean charm remain beautifully accessible. This is more than a property purchase—it's the beginning of your Spanish chapter, where wellness, affordability, and community converge.
About San Miguel de Salinas
San Miguel de Salinas sits gracefully in southern Alicante, just inland from the glittering Costa Blanca coastline. This whitewashed pueblo retains authentic Spanish charm while embracing modernity and international living. The town benefits from the region's famous Mediterranean climate: over 300 days of annual sunshine, mild winters averaging 14°C, and pleasant summers moderated by sea breezes. Located approximately 45 minutes from Alicante Airport and 20 minutes from stunning Blue Flag beaches, San Miguel de Salinas has become a magnet for retirees seeking authentic Spain without isolation. The terrain is gently undulating, with dramatic salt lakes and natural reserves providing surprising natural beauty. Geography has favored this region with excellent connections to larger towns like Torrevieja and Orihuela, while maintaining a distinctly pueblo atmosphere. The local economy is stable and community-focused, with tourism, agriculture, and increasingly, international residents forming the economic backbone.
Life in San Miguel de Salinas
Daily life in San Miguel de Salinas revolves around pace, community, and outdoor living. Your mornings might begin at the local café with freshly pressed orange juice and pan con tomate, chatting with neighbors from Germany, the UK, and Scandinavia. The established expat community means English is widely spoken, yet you're fully immersed in Spanish culture. Weekly markets burst with local produce; Mercadona and Lidl offer familiar staples. Healthcare is world-class and accessible—private clinics cater to international residents with English-speaking doctors, while the regional hospital lies just 30 minutes away. Afternoons invite relaxation: a leisurely paseo through town, a round of golf at championship courses minutes away, or a beach day at one of the nearby Blue Flag beaches. The restaurant scene ranges from traditional Spanish tapas bars to international cuisine, all at refreshingly reasonable prices. Sunsets are spectacular, cultural events dot the calendar, and real friendships develop naturally within the international community. This is living without pretension, where healthcare concerns are addressed, costs remain manageable, and every day offers choice rather than obligation.
Investment Potential
This penthouse represents intelligent financial planning for retirement. Priced at €160,000, you're acquiring a premium-specification property at €2,286 per square meter—just 4% above San Miguel de Salinas average (€2,200/m²), positioning you in optimal value territory. The market is strengthening with 8% year-on-year appreciation, supported by sustained demand from quality-conscious European retirees. Beyond appreciation, the rental potential is compelling: typical weekly lettings command €800, generating approximately €40,000 annually with prudent 10-week seasonal letting. This creates genuine income during months you may not occupy the property, offsetting ownership costs substantially. Property tax in Spain is modest, and numerous financial incentives exist for property owners. Whether you seek capital appreciation, income generation, or simply a secure retirement base with favorable taxation, this penthouse checks multiple boxes. The investment thesis is straightforward: secure, appreciating real estate in a desirable location at below-market pricing, with active rental market validation.
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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