This penthouse in Playa de los Locos, Alicante, offers direct coastal access in an established urban setting. With only 42 square metres of living space and requiring complete renovation, this compact one-bedroom, one-bathroom property represents an entry-level opportunity to secure a foothold in the Spanish coastal property market. The completed building features elevator access and is positioned just metres from the shoreline, with the primary advantage being its immediate proximity to Playa de Los Locos beach and surrounding urban amenities.
Key characteristics of location, homes, project phase and points of attention.
The property is positioned directly adjacent to the coastline at Playa de los Locos in Alicante province. The immediate environment is characterised by urban development with established infrastructure. The building sits at 20 metres above sea level with minimal gradient to the shoreline, creating a level transition between residential and beach environments.
This property accommodates basic residential requirements for one or two occupants. The single bedroom and bathroom configuration supports a minimalist lifestyle, while the large terrace extends the living space outdoors. The property would function primarily as a holiday residence or rental investment, with sufficient amenities for short-term stays but limited space for permanent occupancy.
The building construction is complete, with the penthouse unit requiring comprehensive internal renovation. No additional construction phases are planned for the structure itself. The property is marketed as requiring complete interior refurbishment, including installation of kitchen facilities and fittings, as none are currently present in the unit.
The property does not offer move-in readiness, requiring complete renovation before occupancy. The 42 square metre floor area limits spacious living arrangements. No private parking is specified. The property lacks furnishngs, appliances, and kitchen facilities. Limited storage space is available beyond the fitted wardrobes. No communal recreational facilities are indicated for the building.
Ref: VL876464
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
This property suits buyers seeking an affordable coastal entry point who are prepared to manage a renovation project. It would appeal to investors targeting the holiday rental market due to its prime beach proximity. The property would function well as a second home for those requiring minimal space for coastal visits. Buyers comfortable with project management and renovation oversight would find value in the opportunity to customise the interior. The property also suits those prioritising location over internal space, who plan to spend considerable time outdoors rather than indoors. It represents an opportunity for buyers with renovation experience or connections to potentially increase the property's value through improvements.
The existing penthouse requires complete internal renovation. The property currently lacks kitchen facilities, appliances, and finished surfaces. The building itself appears to be of standard Spanish construction, with external elements complete. The elevator access and mobility adaptations suggest some attention to universal design standards in the common areas. Once renovated, the quality would depend entirely on the materials and workmanship selected by the new owner. The private terrace represents a significant feature that could be enhanced with appropriate flooring, shading, and outdoor living elements to maximise the Mediterranean lifestyle potential.
At €99,500, this penthouse represents a lower entry point compared to similar properties in the area. The price reflects its need for complete renovation, which would require additional investment estimated between €20,000-40,000 depending on material choices and finishes. Once renovated, the property would likely align with the €160,000+ valuation of comparable area properties. The price positions the property as an accessible option for buyers willing to undertake renovation work, offering potential capital appreciation once modernised.
Daily life in this penthouse revolves around its immediate coastal setting. Mornings might begin with coffee on the terrace, less than 50 metres from Playa de los Locos beach. The compact interior necessitates an outdoor-oriented lifestyle, with the terrace serving as an extension of the living space. Essential shopping is within a two-minute walk to the nearest supermarket. The surrounding urban environment means residents can access restaurants, pharmacies, and other services on foot, creating a self-contained neighbourhood experience. The property's size lends itself to a lock-and-leave lifestyle, with minimal maintenance requirements once renovation is complete. Evenings can be spent enjoying Mediterranean climate from the private terrace or exploring the numerous cafés within walking distance.
The penthouse's environment offers comprehensive urban amenities within walking distance. The immediate area includes 170 restaurants, 47 cafés, 27 pharmacies, 24 banks, and 27 dentists within a 2km radius. Public transport is well served with 12 bus lines and 50 stops in the vicinity. The Real Club Náutico marina is 2km away, while sports facilities including Palacio de Deportes Infanta Cristina are within 1.9km. The flat terrain facilitates easy walking, with minimal elevation changes. The combination of essential services, leisure options, and transport links creates a self-sufficient neighbourhood requiring minimal travel for daily needs.
The penthouse is positioned at Playa de los Locos in Torrevieja, directly adjacent to the Mediterranean coastline. The surrounding area shows dense urban development with a grid street pattern typical of Spanish coastal towns. The map illustrates the property's immediate beach proximity and its location within a well-established urban environment with comprehensive infrastructure and amenities.
Approximate area · exact address shared on request
Playa de los Locos is situated in Torrevieja, within the Alicante province of Spain's Costa Blanca region. The location is positioned midway between Alicante city (44km north) and Murcia (39km southwest), with Elche 32km inland. This places the property within a well-developed coastal corridor with established infrastructure, tourist facilities, and amenities. The area forms part of the southern Costa Blanca, characterised by extensive urban development along the coastline with numerous beaches, marinas, and recreational facilities catering to both residents and tourists.
The penthouse offers exceptional access to coastal amenities, with Playa de Los Locos beach just 39 metres away and Cala del Palangre within 336 metres. Alicante city is 44km distant, while Murcia and Elche are 39km and 32km away respectively. Alicante-Elche Airport is approximately 36km away for international connections. Golf enthusiasts can reach Club de Golf Villamartín in 9.9km, with Real Club de Golf Campoamor and Club de Golf Las Ramblas de Orihuela within 11-12km. Daily necessities are within 150m, including a supermarket at 142m and pharmacy at 123m.
| Beach Distance | 1 km |
| Alicante-Elche (ALC) | 36 km |
| Valencia (VLC) | 169 km |
Source: OpenStreetMap, Google Maps
The property benefits from a Mediterranean climate with an average annual temperature of 18.7°C, ranging from 12-26°C throughout the year. With 3,854 sunshine hours annually, the area enjoys approximately 325 days of sunshine. The swimming season extends for five months when water temperatures exceed 20°C. Positioned at 20 metres above sea level with a gentle 1.7% slope to the beach, the location benefits from sea breezes without significant elevation changes. The climate facilitates year-round outdoor living on the private terrace, with the property's orientation potentially affecting sun exposure throughout the day.
Source: Open-Meteo (2020, 2025 average)
The penthouse's recreational value centres on its immediate proximity to several beaches, with Playa de Los Locos essentially at its doorstep. Cala del Palangre and Playa del Cura are within 336m and 953m respectively, providing variety of coastal experiences. The area's developed coastline offers beachside amenities typical of Spanish urban beaches. Golf enthusiasts can access three courses within 12km, with Club de Golf Villamartín being the closest at 9.9km. Sports facilities are available nearby, including Palacio de Deportes Infanta Cristina (1.9km) and CF Torrevieja football club (2.2km). The Real Club Náutico at 2km provides additional recreational opportunities for water sports enthusiasts.
Source: OpenStreetMap
Playa de los Locos is situated in Torrevieja, within the Alicante province of Spain's Costa Blanca region. The location is positioned midway between Alicante city (44km north) and Murcia (39km southwest), with Elche 32km inland. This places the property within a well-developed coastal corridor with established infrastructure, tourist facilities, and amenities. The area forms part of the southern Costa Blanca, characterised by extensive urban development along the coastline with numerous beaches, marinas, and recreational facilities catering to both residents and tourists.
| Month | Avg. Temperature | Rainfall |
|---|---|---|
| January | 11.9°C | 23 mm |
| February | 12.6°C | 14 mm |
| March | 14.6°C | 26 mm |
| April | 16.6°C | 23 mm |
| May | 19.7°C | 15 mm |
| June | 23.2°C | 12 mm |
| July | 26.1°C | 1 mm |
| August | 26.4°C | 12 mm |
| September | 23.7°C | 52 mm |
| October | 20.1°C | 26 mm |
| November | 15.6°C | 37 mm |
| December | 12.3°C | 30 mm |
Flat
Compared to other properties in the Torrevieja area, this penthouse offers significant price advantages due to its renovation status. Similar properties in the region like APARTMENTS PALANGRE BEACH start at €160,000, while EDIFICIO SUN & CENTER properties begin at €169,000. More premium developments such as OASIS LAGUNA 2 in nearby Urbanización El Raso reach from €227,000 upwards. The key distinction of this property lies in its direct beachfront location, which typically commands a premium in the Spanish property market. However, its small size and renovation requirement balance this advantage, resulting in an accessible entry point. The surrounding area of Playa de los Locos offers established infrastructure compared to newer developments further from the town centre, though it lacks the exclusivity and purpose-built amenities of modern complexes.
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