Located in Mil Palmeras, Alicante, this ready-to-move-in penthouse offers 119 m² of living space. The property features three bedrooms and two bathrooms. Situated within the Río Mar XI complex, it includes access to communal gardens, a swimming pool, and sports facilities. Priced from €490,000, the sale includes two garage parking spaces and full furnishing.
Key characteristics of location, homes, project phase and points of attention.
The property is positioned in an urban environment in Mil Palmeras, situated at an elevation of five meters above sea level. Essential amenities such as a pharmacy and a supermarket are within walking distance. The coastline is approximately 1.2 kilometers away, providing sea views from the upper levels.
The layout with three bedrooms and a fully equipped kitchen supports permanent residency. The inclusion of a private terrace and a solarium with a jacuzzi addresses the desire for outdoor leisure space. Air conditioning is installed to manage interior temperatures during warmer periods.
Construction of this property is complete. There are no construction risks or delays. Delivery is immediate upon purchase. The unit is sold fully furnished, which eliminates the time and cost associated with furnishing a new home.
Being a penthouse, access requires navigating stairs or using an elevator if present. The urban location may result in ambient noise from local businesses and traffic. Distances to international airports are substantial, which requires consideration for frequent flyers.
This property suits households requiring multiple bedrooms, such as families or those hosting guests regularly. The penthouse format with a solarium offers the privacy typically associated with detached villas. It is also suitable for individuals seeking low-maintenance living, as exterior upkeep is managed by the community. Ownership of a vehicle is recommended for accessing broader regional amenities.
Finishes include a fully equipped kitchen and air conditioning throughout. The bathrooms are fully fitted. The outdoor space features a jacuzzi on the solarium, indicating a focus on outdoor luxury. The property is sold furnished, ensuring immediate habitability with standard materials suitable for the coastal climate.
Prices start from €490,000 for this 119 m² unit. This price includes two parking spaces and all furniture. The inclusion of these assets represents a bundled value proposition compared to purchasing a shell property and outfitting it separately.
Daily life in Mil Palmeras is defined by its coastal setting and urban convenience. With over 3,800 hours of sunshine annually and an average temperature of 19.2°C, outdoor living is a significant part of the lifestyle. Residents can walk to the supermarket (333 m) and pharmacy. The rooftop solarium provides a private space to enjoy the evenings, while the communal areas offer social interaction opportunities within the complex.
The area hosts 32 local festivals per year, suggesting an active community calendar. With a population of 1,322 in the immediate vicinity, the area is built up but retains a recreational character due to the proximity to the sea and gardens. There are 27 restaurants and several cafes within a short radius.
The map displays the coastal location in Mil Palmeras. Distances to beaches and golf courses are shown as the crow flies. The urban density and proximity to the main N-332 road are visible.
Mil Palmeras is located on the Costa Blanca in Alicante province. It offers a balance between tourism and residential living. It is more developed than inland rural areas but less dense than major cities like Torrevieja, providing a mix of convenience and coastal living.
Distances to amenities include beaches at 1.2 km (Cala de la Lombriz) and 2.1 km (Playa de Campoamor). Golf courses are located at 3.9 km (Las Ramblas) and 5.8 km (Villamartín). Alicante-Elche Airport is approximately 47 km away. Public transport is accessible, with 50 bus stops and 10 lines serving the area.
| Alicante-Elche (ALC) | 47 km |
| Valencia (VLC) | 180 km |
Source: OpenStreetMap, Google Maps
The climate is warm, with average temperatures ranging from 11°C to 26°C. The area enjoys 3,846 sun hours per year. The swimming season lasts approximately 5 months, with water temperatures often exceeding 20°C. The low elevation ensures consistent sea breezes.
Source: Open-Meteo (2020–2025 average)
The coastline features two Blue Flag beaches: Puerto and Rocamar. Beaches are 1.2 km to 2.1 km away as the crow flies. Recreationally, the area hosts three golf courses within a 6 km radius. The complex itself provides tennis courts and a football pitch.
Source: Blue Flag 2026, OpenStreetMap
Mil Palmeras is located on the Costa Blanca in Alicante province. It offers a balance between tourism and residential living. It is more developed than inland rural areas but less dense than major cities like Torrevieja, providing a mix of convenience and coastal living.
| Month | Avg. Temperature | Rainfall | Sun Hours |
|---|---|---|---|
| January | 11.1°C | 39 mm | 180h |
| February | 11.8°C | 23 mm | 201h |
| March | 13.6°C | 28 mm | 216h |
| April | 15.8°C | 24 mm | 252h |
| May | 18.9°C | 19 mm | 288h |
| June | 22.6°C | 5 mm | 327h |
| July | 25.3°C | 1 mm | 333h |
| August | 26.0°C | 8 mm | 306h |
| September | 23.4°C | 40 mm | 243h |
| October | 19.6°C | 32 mm | 207h |
| November | 15.0°C | 44 mm | 183h |
| December | 12.1°C | 40 mm | 165h |
Ref: VL795663
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
Compared to luxury markets in Benissa or Altea where prices exceed €4 million, this Mil Palmeras penthouse offers an accessible entry point to the Costa Blanca coast. The region is more urbanized than the northern villa-dominated areas. The €490,000 price point for a turnkey, three-bedroom property with parking reflects strong value, particularly for off-plan buyers or those seeking immediate income potential. The density and proximity to amenities are higher than in exclusive developments, trading exclusivity for convenience.
Maiko is a real estate expert specializing in the Spanish housing market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he helps buyers find the right property. He analyzes listings based on location, market value, build quality, and livability, providing honest, data-driven advice throughout the entire purchase process.
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