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Project Specifications
Price range
€270,000 — €595,000
Surface
109–175 m²
Bedrooms
2–3
Delivery
2026
Features & Amenities
Nearby
Airport · Murcia-Corvera (RMU)
48 km · 37 min drive
Sea
1 km · 2 min walk
Market Analysis & Price Development
At €2,477/m², Mar Menor Bay is priced 0% below area average the Islas Menores Centre average of €2,500/m² (INE 2024). The area has appreciated 5.2% annually over the past five years (INE Registradores). Estimated gross rental yield: 4.5–7.2%.
| Metric | Mar Menor Bay | Islas Menores Centre Avg |
|---|---|---|
| Price per m² | €2,477 | €2,500 |
| Premium / Discount | 0% below area average | |
| 5-year appreciation | 5.2% per year | |
| Gross rental yield | 4.5–7.2% | |
| Deposit plan | 30/0/70 | |
| Bank guarantee | Yes (Ley 57/1968) | |
| Source: INE 2024 · INE Registradores · Analysis by veritySpain Editorial Team | ||
Editorial Analysis
## Location & Connectivity in Islas Menores Located in the vibrant center of Islas Menores, this new build property offers a strategic position on the Costa Cálida, Spain. The development is accessible via the AP-7 motorway, connecting it to nearby towns and cities, while Alicante airport is 48 km away, facilitating international travel. Known for its coastal charm and a welcoming resident community, Islas Menores benefits from robust infrastructure including schools, hospitals, and golf courses, making it an attractive option for those seeking a penthouse in Islas Menores.
## Architecture & Build Quality The development features penthouses with a surface area ranging from 109 to 175 m², designed to maximize comfort and functionality. While specific energy class ratings are not disclosed, the properties include modern amenities such as elevators, built-in cabinets, and furnished kitchens. Despite a respectable architecture score of 8.0/10, the build quality could offer more innovative design elements to fully harness the area's aesthetic potential.
## Investment Analysis Priced from €270,000, these properties are set at €2477/m², aligning with the Costa Cálida average of €2,200-3,500/m². With an estimated gross rental yield of 4-7%, investors should weigh the potential returns against the timeline risk associated with the 2026 delivery. As a property in Islas Menores, Spain, it offers a balanced investment with a robust location score but consider possible construction delays.
## Living Experience & Amenities Residents will enjoy a community pool, private parking, and green spaces, enhancing daily living experiences. The architecture score of 8.0 reflects well on available amenities but suggests room for improvement in personalized luxury features. Practical considerations for expat buyers include proximity to essential services and communities for a smooth transition to life in Spain.
Investment snapshot
How we score →Est. rental income
4.5–7.2% yield on entry price
5-yr appreciation (projected)
Based on 5.2%/yr · source: INE Registradores
Projections are indicative only. Actual returns depend on mortgage structure, management costs, Spanish non-resident income tax (IRNR), community fees and IBI. Not investment advice.
Full media library
CONVASA maintains their own asset library for Mar Menor Bay — brochures, floor plans, renders, and any available video walkthroughs. Opens in a new tab; we do not host or modify these files.
Link sourced from the HabiHub agent portal. veritySpain does not store or redistribute developer assets.
Verdict — 8.5/10
Rated 8.5 out of 10 by veritySpain, this penthouse in Islas Menores indicates strong potential for coastal living. Location scores 9.3 driven by proximity to the sea and amenities. However, architecture at 8.0 suggests a need for more innovative design to fully capitalize on the locale.
Payment Structure
Reservation Deposit
Secures your unit selection
€6,000
Contract Signing
30% of purchase price
≈ €81,000
Completion & Handover
70% of purchase price
≈ €189,000
Mortgage Available
Bank Guarantee
Ley 57/1968 protected
Pre-completion Total
You pay 30% before receiving keys
Who Is Mar Menor Bay For?
Ideal For
- ✓Northern European retirees seeking sub-€300k penthouses within 2km of the sea
- ✓Investors looking for rental yield in Costa Cálida
- ✓Families wanting proximity to schools and amenities
Skip This Property If
- ×€2477/m² exceeds your budget
- ×1.0 km to beach is too far
- ×2026 delivery is too late
Why Consider This Project Now (2026)
- 1.Scored 8.5/10 on the veritySpain index
- 2.Delivery 2026
Location & Accessibility
Islas Menores Centre, Islas Menores · Murcia, Costa Cálida
Frequently Asked Questions
What is the price per square metre for new build property in Islas Menores?
€2477/m². This price aligns with the Costa Cálida average of €2,200-3,500/m², offering competitive value.
How far is this penthouse in Islas Menores from the beach?
1.0 km from the sea. This distance is walkable, providing convenient access to coastal activities.
When will new build developments in Islas Menores be completed?
2026. Buyers should consider the construction phase and what 'key ready' means for their plans.
Is Islas Menores on the Costa Cálida a good area to buy property in Spain?
Yes, based on 8.5/10. Islas Menores scores high for investment potential and lifestyle quality in Spain.
What amenities does this new development in Islas Menores include?
Community pool, private parking, built-in cabinets, and green areas. Note the absence of a private pool.
