This charming 2-bedroom apartment in Las Filipinas' prestigious St. James Park complex offers 57m² of bright living space just 5km from the beach for €124,900. The property features a spectacular 30m² private solarium, communal pool, and parking, making it perfect for holiday retreats or permanent residence on the Costa Blanca.
Discover this exceptional first-floor apartment in the sought-after St. James Park residential development, where every room faces exterior walls to flood the space with natural light throughout the day. The 57m² interior flows seamlessly with Mediterranean charm, featuring two comfortable bedrooms, a well-appointed bathroom, and open-plan living areas designed for both relaxation and entertaining. Built in 2001 and ready to move in, this north-facing property ensures cool summers and pleasant year-round living.
The crown jewel of this property is the spectacular 30m² private solarium on the rooftop level. This exclusive outdoor sanctuary provides the perfect space for al fresco dining, sunbathing, stargazing, or simply unwinding while enjoying the warm Costa Blanca climate year-round. The solarium transforms ordinary days into extraordinary moments of Mediterranean living, offering complete privacy and stunning clear views across the surrounding landscape.
St. James Park offers residents a tranquil community atmosphere with beautifully maintained grounds, a refreshing communal swimming pool perfect for socializing with neighbors, and convenient communal parking that eliminates the stress of finding spaces. Located in Las Filipinas, part of Orihuela Costa, you'll enjoy easy access to pristine beaches, championship golf courses, and excellent shopping centers while benefiting from the area's peaceful residential character and excellent value for money.
Las Filipinas represents authentic Costa Blanca living, offering peaceful residential neighborhoods away from mass tourism while maintaining excellent connectivity to beaches and amenities. The area provides easy access to stunning coastline including Playa de La Zenia, Cabo Roig, and Campoamor, all within a short drive. Golf enthusiasts appreciate proximity to championship courses at Villamartín, Las Ramblas, and Las Colinas, while families enjoy excellent international schools and healthcare facilities. The location offers perfect balance with major shopping centers like La Zenia Boulevard accessible in 10 minutes, yet maintains a tranquil residential atmosphere ideal for permanent living or peaceful holidays.
At €2,192/m², this Las Filipinas apartment offers exceptional value compared to coastal areas averaging €2,500-3,000/m². The Orihuela Costa region shows consistent growth with properties appreciating approximately 35% since 2020. This apartment's unique private solarium and competitive pricing position it perfectly for both holiday rental market and long-term appreciation. Costa Blanca properties at this price point typically generate 7-9% gross rental yields, with Las Filipinas' proximity to beaches and golf courses ensuring strong rental demand year-round.
For this €124,900 resale property, expect additional costs of approximately €15,000 total. This includes ITP transfer tax (€12,490), notary fees (€600-800), property registration (€400-600), and legal fees (€1,200-2,000). Your total investment will be approximately €140,000 including all closing costs.
The property is located 5km from the coastline, with multiple beautiful beaches accessible by car in 8-12 minutes. Cabo Roig and Campoamor beaches offer family-friendly facilities, while Cala Capitan provides a more secluded experience. All beaches feature Blue Flag status with crystal-clear waters and excellent amenities.
Properties in Las Filipinas with private solariums typically generate €350-500 per week during high season (June-September) and €200-300 per week in shoulder seasons. Annual gross yields of 7-9% are achievable with proper management. Long-term rentals typically yield €550-750 per month, providing steady income streams.
Yes, non-resident buyers can obtain Spanish mortgages typically up to 60-70% of the property value. For this €124,900 property, you could potentially finance €75,000-87,500 with a deposit of €37,500-50,000. Interest rates currently range from 3-4.5% with terms up to 25 years.
Annual costs include community fees (€320), IBI property tax (€136), utilities (€500-800 depending on usage), insurance (€200-300), and general maintenance (€200-400). Total annual running costs typically range from €1,300-1,800, making it very affordable to maintain.
Year of construction: 2001 Bedrooms: 2 Bathrooms: 1 Built: 57m2 Pool: Community Kitchen: 1Digital viewings make it possible to conveniently meet the broker and get a viewing of the home directly on the mobile.
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