The dossier · N8578Avena Score 65 · scored this morning
New Build Apartments and Bungalows in Mil Palmeras in Pilar de La Horadada, Alicante
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Penthouse · Pilar de La Horadada, Alicante· Costa Blanca South

New Build Apartments and Bungalows in Mil Palmeras

by Via Xavia Estate

329,000

Under construction · Completion 2027-Q3

Observed price record

Observed by Avena: reduced 22.6% from €425,000 to €329,000 between 8 April 2026 and 5 August 2026, across 21 checks since 8 April 2026.

  • 8 April 2026 – 5 August 2026 · €425,000 → €329,000 (-22.6%)

Source: Avena daily capture · 8 April 202624 August 2026

Avena Score
65
Rank #15 of 94 in Pilar de La Horadada, Alicante
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95,238
22% vs marketWhat this meansThis property prices at 4,985/m² versus the Pilar de La Horadada, Alicante town median of 6,428/m². The gap is the discount — vs local market, not vs asking price.Why the gap existsMost Avena deals stack two sources of value:· Developer-direct — sourced from the developer, not via retail agencies, so the listed price excludes the 5–10% middleman markup.· Below comp — the unit itself prices under the town median €/m², either because the developer is moving inventory or the comp mix favours larger/older stock.Stacked, that's typically 10–25% below what the same square metre would cost on idealista or a retail portal.Full methodology →
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Key statistics.

Price
€329,000
Bedrooms
2
Bathrooms
2
Built m²
66
Price / m²
€4,985
Beach
0.6 km

Investment sub-scores.

Value 40%100
Yield 25%20
Location 20%46
Quality 10%73
Risk 5%70

Estimated rental yield.

Gross yield
4.6%
Net 2.3%
Annual income
14,994
Net €7,520
Weekly rent
714

What this assumes

21 rental weeks a year (147 nights, 40% annual occupancy) at €102/night. Short-term letting rates and occupancy for Pilar de La Horadada are sourced from AirDNA; a 20% new-build premium is applied to the nightly rate. Summer alone is roughly 11 weeks, so this figure assumes the shoulder season lets as well.

Gross yield is before costs. Net yield deducts 10% vacancy, 15% management, community fees, insurance, IBI and 19% non-resident tax — the full breakdown is in Terminal. Every figure here is an estimate from market data, not a guaranteed return, and a tourist licence is required to let short-term in most municipalities.

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