Situated in Los Palacios, within the municipality of Formentera del Segura, this property offers a functional living space covering 64 m². The apartment features two bedrooms and is located on the second floor of the Formentera I complex, constructed circa 2006. Residents have access to a communal swimming pool and the building is equipped with a lift. The location is urban, with amenities within walking distance, while the coastline of the Costa Blanca is approximately 7 kilometers away.
Key characteristics of location, homes, project phase and points of attention.
The property is positioned in an established urban residential area in Los Palacios. The surroundings are characterized by local amenities, including shops and restaurants. The setting is inland; the Mediterranean Sea is located at a distance of 7.1 kilometers (as the crow flies). This places the residence in a zone that balances village living with proximity to coastal attractions.
The layout consists of two bedrooms and one bathroom, designed for practical living. Air conditioning is installed to manage indoor temperatures during warmer periods. A sun terrace is accessible from the lounge, providing outdoor leisure space. The unit is offered mostly furnished, facilitating a straightforward move-in process. The inclusion of a lift ensures accessibility for residents of all ages.
This is a resale property within an existing development. The 'Formentera I' complex was originally built around 2006, meaning the construction phase is complete and the structural integrity of the building is established. There is no waiting period for construction completion; ownership can be transferred immediately according to Spanish property transaction timelines.
The property does not include a private garage or dedicated parking space; residents must rely on street parking. With a floor area of 64 m² and a single bathroom, the space is suited for individuals, couples, or small families, but may be restrictive for larger households seeking extensive room. Being a second-floor apartment, it lacks a private garden on the ground level.
Ref: VL187381
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This property fits buyers seeking an affordable foothold in Spain without the maintenance burden of a villa. It is suitable for retirees looking for a manageable space, or couples desiring a holiday home that requires minimal upkeep. The location is also practical for those wishing to integrate into a Spanish working town rather than a tourist resort. It is less suitable for those prioritizing immediate beachfront luxury or requiring extensive grounds.
The apartment features a standard finish typical of Spanish construction from the early 2000s. The bathroom includes a shower cabin, a practical choice for maintenance. Fitted wardrobes in the bedrooms provide storage. The property is described as being maintained to a high standard by the current owner, implying a good state of repair. The common areas include a lift, indicating solid infrastructure.
The price for this apartment starts from €94,500. In the current Costa Blanca market, this represents an entry-level price point for permanent residences. The advertised price covers the property itself; additional costs such as transfer tax (ITP), notary fees, and land registry fees are payable by the buyer on top of this amount.
Living in Los Palacies revolves around convenience. A supermarket is located just 154 meters away, and cafes and pharmacies are within a few hundred meters, allowing for daily errands to be handled on foot. Mornings can be spent on the private terrace before heading to local shops. The apartment is part of a mature community, offering a stable environment away from the high-season bustle of major tourist hubs, while still providing access to a communal pool for relaxation. The rhythm of life here is slower than on the coast, yet the urban setting ensures that one is not isolated.
The neighborhood provides essential infrastructure for daily life. A hospital is located 1.5 km away, and a pharmacy is within 375 meters, ensuring medical accessibility. The area is pedestrian-friendly for basic needs, reducing reliance on a car for shopping and dining. The atmosphere is that of a residential area with a mix of locals and international residents.
The map illustrates the inland position of the property relative to the coastline of Guardamar and the major road networks (N-332 and AP-7). It highlights the short driving distance required to access the Mediterranean beaches.
Los Palacios is part of the Vega Baja (Baix Segura) region, an area traditionally known for agriculture but now largely residential. It is situated inland from the coastal tourist towns. This location generally offers lower property prices than the frontline beach developments and provides a more authentic, year-round Spanish living environment compared to seasonal resorts.
Daily shopping is convenient with a supermarket 154 meters from the door. For travel, Alicante-Elche Airport is approximately 26 km away (as the crow flies). The nearest beaches, such as Platja Centre in Guardamar, are 7.1 km from the property. Golf enthusiasts can find Club de Golf La Finca at a distance of 6.5 km.
| Alicante-Elche (ALC) | 26 km |
| Valencia (VLC) | 157 km |
Source: OpenStreetMap, Google Maps
The region enjoys a Mediterranean climate with an annual average temperature of 18.8°C. Historical data shows 3,843 hours of sunshine per year. The swimming season in the sea lasts for 5 months, with water temperatures exceeding 20°C. The property sits at an elevation of 9 meters above sea level.
Source: Open-Meteo (2020–2025 average)
While inland, the property offers access to the 'Golden Beaches' of the Costa Blanca, specifically in Guardamar del Segura, located 7.1 km away. The complex itself features a communal swimming pool, providing immediate recreational opportunities without needing to travel to the coast. For golfers, the nearest course is 6.5 km away.
Source: OpenStreetMap
Los Palacios is part of the Vega Baja (Baix Segura) region, an area traditionally known for agriculture but now largely residential. It is situated inland from the coastal tourist towns. This location generally offers lower property prices than the frontline beach developments and provides a more authentic, year-round Spanish living environment compared to seasonal resorts.
Los Palacios is a municipality and town in the Pinar del Río Province of Cuba. It was founded in 1760.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.0°C | 31 mm |
| February | 11.7°C | 21 mm |
| March | 14.4°C | 27 mm |
| April | 16.7°C | 27 mm |
| May | 19.7°C | 26 mm |
| June | 23.7°C | 9 mm |
| July | 26.6°C | 3 mm |
| August | 27.0°C | 3 mm |
| September | 24.1°C | 23 mm |
| October | 19.6°C | 40 mm |
| November | 15.2°C | 37 mm |
| December | 11.6°C | 30 mm |
Compared to luxury developments in Benissa or Altea, where prices start in the millions, this apartment offers a significantly more accessible entry point to the Spanish property market. While coastal properties in Torrevieja command a premium for sea views, Los Palacios offers better value for money regarding square footage and space, albeit with a short drive to the sea. It provides a more 'local' experience than the expatriate-heavy urbanizations on the coast. For buyers prioritizing budget and functionality over immediate sea views, this represents a logical choice.
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 home. 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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