3-bedroom apartment in Punta Prima

Beyond the €309,900 price, expect transfer tax (around 6-7% in the Region of Valencia), notary fees (0.5-1%), and property registration costs (0.1%). For non-residents, an NIE tax identification number is required—straightforward for Nordic buyers. Total acquisition costs typically reach 8-10% above the advertised price. Mortgage arrangements depend on your lender, though Spanish rates for EU citizens remain competitive. Hansson & Hertzell's network includes certified gestores (tax advisors) who guide clients through these specifics clearly.

Punta Prima attracts international residents who value walkability and community. The area has established supermarkets (Mercadona, Carrefour nearby), healthcare access via public Spanish system plus private clinics, and reliable public transport to Torrevieja. The expat population—largely Swedish, German, and British—creates natural social networks. Restaurant menus often offer international options alongside Spanish cuisine. Unlike isolated developments, this zone feels integrated into genuine Mediterranean living rather than gated-off resort bubbles. Healthcare and administrative tasks require some Spanish language basics, though many services cater to English-speakers.

Absolutely. Ground floor apartments with three bedrooms and sea views in established Punta Prima typically command €340,000–€380,000. This property's €309,900 reflects efficient layout rather than premium positioning. Comparable rentals rent at €1,200–€1,500 monthly during peak season, suggesting a 4.7–5.8% gross rental yield before costs—solid by European standards. Market data from our 500+ Costa Blanca transactions confirms this pricing sits 10-15% below equivalent listings. Location, condition, and configuration all justify confidence in the valuation.

The process mirrors Nordic property transactions but requires specific Spanish steps: obtain an NIE tax number, appoint a local property lawyer (essential), conduct due diligence on the property and community, arrange financing through Spanish or international lenders, then sign the binding contract (compromiso) and final deed (escritura) at the notary. Timeline typically spans 4-8 weeks from offer to completion. EU citizens face no residency restrictions. Hansson & Hertzell coordinates this workflow with experienced legal partners, ensuring Nordic buyers navigate Spanish regulations without surprises or delays.

Three-bedroom apartments in Punta Prima achieve €1,200–€1,500 monthly during July–September peak season, and €700–€900 during shoulder months (April–June, September–October). Winter rental demand exists but remains modest unless marketed as winter-let. Conservative annual projections: 26 weeks at €1,300 average = €33,800 gross. Deducting 20% for management, cleaning, maintenance, and vacancy yields approximately €27,000 net—roughly 8.7% annual gross return. Direct bookings through platforms (Airbnb, Booking) require active management; property management companies typically charge 25-30% of revenue but handle operations entirely.