Residencial Terrazas Palmeras

Residencial Terrazas Palmeras is located in Mil Palmeras, an urbanisation between Campoamor and Torre de la Horadada in the municipality of Pilar de la Horadada (Alicante), 200 metres from the sea. The developer is building 24 tourist apartments here, on the second line of the sea. Delivery is planned for December 2027.

The development

The development sits next to one of the region's beaches, in an area with beach bars, restaurants, sports facilities, promenades and green areas. The apartments have a contemporary style, high-quality finishes, a dressing room, a living-dining room with integrated kitchen, and a spacious terrace with sea views. Communal areas include gardens, a swimming pool, a reception and a lounge. The homes are delivered furnished, with built-in appliances and fully installed ducted air conditioning.

What you get

• Apartment with 2 bedrooms, 1 bathroom
• Built area from 70 to 71 m², usable area from 60 to 61 m²
• Terrace from 25 to 26 m²
• Prices from 365,000 to 410,000 euros
• Communal swimming pool, gated complex, lift
• One parking space and one storage room included per home
• Furnished, with built-in appliances and ducted air conditioning

The surroundings

Pilar de la Horadada is the southernmost municipality of the province of Alicante, on the border with the Murcia region. The village of Pilar lies a few kilometres inland. On the coast are Torre de la Horadada, with a small marina, and Mil Palmeras, with a wide sandy beach. The municipality has the Lo Romero golf course and a quieter character than Torrevieja further up the coast. Torrevieja hospital is about 20 km away. Murcia airport at Corvera is about 45 km away, Alicante airport about 60 km.

Mil Palmeras lies between Campoamor and Torre de la Horadada, with local amenities, schools, restaurants and sports facilities open all year round. The village has a town square and a lively restaurant street with a variety of international cuisines. The Lo Monte Natural Park, a protected bird sanctuary, and the Río Seco Natural Park are nearby, offering places for walking and relaxation.

The location

• Beach: 200 m
• Torre de la Horadada marina: 5 km
• Zenia Boulevard shopping centre: 8 km
• Nearest golf courses: less than 10 km
• Murcia Airport: 40 km (about 45 minutes)
• Alicante Airport: 75 km (about 45 minutes)

Good to know

The homes are not yet key-ready. Delivery is expected in December 2027. Three units are currently available, priced between 365,000 and 410,000 euros. These apartments are licensed touristic homes, with a tourist rental licence.

A new-build apartment usually comes with a communal pool, a lift and a parking space or storage room. The owners share a monthly fee for the upkeep of the common areas.

You buy off plan here: the home is built after you sign the purchase contract. In Spain the builder must cover your stage payments during construction with a bank guarantee or insurance. Completion follows the municipal occupancy licence.

These homes have a tourist rental licence. The licence is meant for short-term letting and is increasingly hard to obtain in the Valencia region. You may also live there permanently yourself; the licence is an option, not an obligation.