This 2-bedroom, 1-bathroom apartment in Playa Flamenca, Alicante, presents a distinctive opportunity for investors or those seeking a coastal lifestyle. Currently key-ready and completed in 1970, it offers immediate occupancy. The property is situated in a vibrant urban setting, placing essential amenities within easy walking distance. While offering a tangible connection to the Mediterranean, its proximity to services supports a convenient daily life. This dwelling combines a functional living space with the potential for immediate rental income, appealing to a specific market segment focused on return on investment alongside residential use.
Key characteristics of location, homes, project phase and points of attention.
Located directly by the coast within an urbanized area, this apartment benefits from immediate access to local amenities. Daily necessities and leisure options are readily available on foot, contributing to a car-optional lifestyle for many activities. The setting offers a blend of coastal proximity and urban convenience, characteristic of many sought-after areas on the Costa Blanca.
This property is suited for individuals or small families prioritizing proximity to services and the coast. Its layout offers practical living space, complemented by communal facilities. The inclusion of a basement provides adaptable space, potentially for guests or storage. It caters to those valuing a connected lifestyle with amenities at their doorstep, and the option for immediate rental income.
The apartment is key-ready, having been completed in 1970. This means the property is available for immediate occupation and does not involve a construction or waiting period. Its existing structure provides a tangible asset ready for use or investment, bypassing the typical timelines associated with new construction projects.
This property does not offer new construction benefits, such as the latest energy efficiency standards or modern design trends often found in newer developments. Its 1970 completion date means it may require updates to meet contemporary aesthetic or functional preferences. Furthermore, it is sold with existing tenants, which is a condition of sale for investors prioritizing immediate rental income.
Ref: VL463813
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This apartment is particularly suitable for investors seeking immediate rental yield due to its existing, reliable tenants. The property's condition, combined with its urban location providing access to amenities, makes it a practical choice for those who prioritize convenience and a steady income stream. It could also appeal to individuals looking for a functional, ready-to-use base on the Costa Blanca, perhaps for seasonal use or as a stepping stone to the region, provided they are comfortable with the existing tenancy arrangement or the prospect of managing it. Those who appreciate the established nature of properties built in the 1970s and value proximity to services over modern construction might find this offering compelling. It caters to a buyer who understands the value of location and immediate return, rather than seeking the latest architectural trends.
Completed in 1970, this apartment reflects the construction standards of its era. While it has undergone a makeover, blending Spanish charm with modern touches, specific details on materials and finishes are not extensively detailed. Features like air conditioning suggest a level of comfort provision. The property includes a furnished basement which offers flexible space, potentially for guests or additional living areas. Standard utilities such as electricity are connected. The overall finish is described as combining traditional elements with contemporary updates, aiming for a warm and homely atmosphere. Given its age, potential buyers might consider it as a base that allows for personalized renovations to align with contemporary design preferences.
The asking price for this 2-bedroom apartment is fixed at €145,000. As an existing property, this represents the full purchase price, not a starting point. The apartment is key-ready, allowing for immediate acquisition and use. Its current rental status is a key factor for investors, as it generates income from day one. The property is being marketed as a standalone unit, distinct from new developments that often feature tiered pricing based on floor or view. This fixed price reflects its current condition and market position as an established property.
Playa Flamenca, located south of Torrevieja, offers a dynamic coastal environment with a strong local character. This apartment is situated in an urban area where amenities are clustered, facilitating a lifestyle where daily errands can be accomplished on foot or by bicycle. The presence of numerous shops, restaurants, and cafes within close proximity defines the rhythm of life here. You can expect a lively atmosphere, especially during peak seasons, with a consistent flow of local residents and tourists. The nearby beaches, such as Playa Cala Estaca and Cala Mosca, are easily accessible, providing opportunities for relaxation and water activities. For those interested in sports, several facilities are located within a short distance. The area also boasts a significant number of public transport lines, enhancing connectivity within the region. Even with urban density, the average monthly temperatures ranging from 10-27°C and proximity to natural viewpoints like Mirador del Palmeral offer a balanced Mediterranean experience.
Playa Flamenca offers a lively urban coastal experience. With a supermarket just under 500 meters away and a pharmacy within 416 meters, daily needs are easily met on foot. The area is well-served by public transport, with numerous stops and lines facilitating movement within the region. This connectivity reduces reliance on private vehicles for many residents. The urban setting provides a dense network of restaurants and cafes, ensuring a vibrant social scene. While close to the coast, it is situated inland from the immediate beachfront, offering a balance between accessibility to services and the quieter aspects of residential living. The elevation of approximately 23-37 meters above sea level provides some elevation without being overly steep, impacting local microclimates and views.
This map positions Playa Flamenca within the Orihuela municipality on the Costa Blanca. It highlights the area's coastal setting, its integration within a network of urban developments, and its relative proximity to significant regional centers and transport hubs. The map serves to illustrate the balance between its immediate local amenities and its broader regional accessibility.
Approximate area · exact address shared on request
Playa Flamenca is situated within the province of Alicante on Spain's eastern coast, part of the broader Costa Blanca region. It lies approximately 4 kilometers south of Torrevieja, a significant coastal city known for its tourism and services. This location positions the apartment within a well-established tourist corridor, offering access to regional infrastructure and amenities. Larger cities like Murcia (19 km), Elche (30 km), and Alicante (50 km) are accessible for day trips or accessing broader services, providing a contrast to the coastal resort environment.
This apartment is located in an area with excellent walkability; essential amenities like pharmacies (416 m) and supermarkets (498 m) are less than a kilometer away. Public transport is robust, with 15 lines and 8 stops nearby, enhancing accessibility. For drivers, key destinations are within reasonable reach: three golf courses, including Club de Golf Villamartín, are within 5 km. The closest train station, Orihuela Miguel Hernández, is just under 1 km away. However, the property is at a greater distance from major airports; Alicante-Elche (ALC) is approximately 40 km away as the crow flies, and Valencia (VLC) is significantly further. This positioning makes it convenient for regional travel but less ideal for frequent international flyers.
| Alicante-Elche (ALC) | 40 km |
| Valencia (VLC) | 161 km |
| Orihuela Miguel Hernández | 0.9 km |
| Beniel | 6 km |
Source: OpenStreetMap, Google Maps
Playa Flamenca enjoys a Mediterranean climate characterized by mild winters and warm summers, with an average annual temperature of 18.9°C and monthly averages ranging from 10°C to 27°C. The area boasts approximately 320 days of sunshine per year, contributing to a long swimming season that typically lasts for 6 months, with water temperatures reaching comfortable levels. The town's elevation of 23 to 37 meters above sea level provides a pleasant environment without significant inclines. While the immediate surroundings are urbanized, the proximity to the coast ensures sea breezes. The region's climate is conducive to outdoor living for a substantial part of the year.
Source: Open-Meteo (2020–2025 average)
The apartment's coastal location provides easy access to several beaches. Playa Cala Estaca is a mere 24 meters away, while Cala Mosca and Playa Cala Cerrada are within 300 meters. These beaches offer opportunities for sunbathing, swimming, and water sports. For golf enthusiasts, multiple courses are nearby, including Club de Golf Villamartín (3.5 km), Club de Golf Las Ramblas de Orihuela (4.8 km), and Real Club de Golf Campoamor (5.0 km). Within the immediate vicinity, sports facilities such as Palacio del Agua and CAF - Centro de acondicionamiento físico are accessible within 1 km, catering to various fitness and recreational needs.
Source: OpenStreetMap
Playa Flamenca is a locality and beach, 4 kilometres (2.5 mi) south of the town of Torrevieja in the municipality of Orihuela in the Province of Alicante, eastern Spain. The market there sells a range of items from shoes, clothing, belts and purses to vegetables.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 10.2°C | 29 mm |
| February | 11.0°C | 22 mm |
| March | 14.2°C | 28 mm |
| April | 16.7°C | 30 mm |
| May | 19.9°C | 31 mm |
| June | 24.2°C | 11 mm |
| July | 27.2°C | 2 mm |
| August | 27.4°C | 5 mm |
| September | 24.0°C | 23 mm |
| October | 19.2°C | 37 mm |
| November | 14.4°C | 34 mm |
| December | 10.6°C | 28 mm |
Compared to other offerings in the vicinity, this apartment at €145,000 presents a fixed price point for an established property, distinguishing it from new developments. Comparable projects like APARTMENTS PALANGRE BEACH and EDIFICIO SUN & CENTER in Torrevieja start from slightly higher price points (€160,000 and €169,000 respectively), often for new constructions. OASIS LAGUNA 2 - FASE II, also in Torrevieja, is priced significantly higher from €227,000, typically indicating newer builds with more amenities. The subject property's key-ready status and existing rental income potential are significant advantages for investors looking for immediate returns. While new developments may offer modern designs and features, this property appeals to a segment prioritizing immediate usability and a proven income stream, set within an established urban coastal environment.
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