A New Era of Coastal Living

The Orihuela Costa region is undergoing a remarkable transformation with the initiation of a groundbreaking luxury residential resort in Punta Prima and Playa Flamenca. This ambitious development marks the most extensive building project in over a decade, taking place on the last stretch of undeveloped coastline within the municipality. Spanning an impressive 456,000 square meters (112 acres), the project will stretch 1.2 kilometers along the pristine Mediterranean shoreline, including the popular Playa Cabo Peñas, which is recognized as Orihuela Costa's only designated dog beach.

This untouched coastal land represents the final piece of virgin terrain in Orihuela Costa, nestled strategically between Punta Prima to the north and Playa Flamenca to the south. It is set to accommodate 1,500 new homes, offering a unique opportunity for both residents and investors.

Historical Context

The land has a storied past, having been part of the General Urban Development Plan since 1990. However, its journey has been riddled with challenges, including a protracted anti-corruption lawsuit that delayed progress for 15 years, concluding only in 2018. Following the approval of partial urban development plans in 2007, construction faced further postponement as environmental impact studies were conducted, finally wrapping up in 2015. This long-awaited project aims to redefine the residential landscape of Orihuela Costa, reminiscent of the construction boom seen with the completion of Zenia Boulevard in 2012.

A Commitment to Sustainability and Community Development

The new community promises to blend luxury living with environmental stewardship, featuring high-quality properties set within a protected green area. The development is designed to be an environmental benchmark not only for Orihuela Costa but also for the entire South Costa Blanca region. It will cater to a diverse demographic, including seniors and families, while harmoniously coexisting with the local flora and fauna.

Key features of the development include:

• Sustainable Architecture: Buildings will utilize solar energy and aerothermal heating systems to minimize environmental impact.
• Recreational Amenities: Residents will enjoy access to tennis courts, a beachfront cabana club complete with pools, picnic areas, and vast green spaces for relaxation and recreation.
• Community Integration: The project will also include a restaurant and commercial area accessible to the public, alongside a hotel catering to both residents and visitors.

The residential resort will connect seamlessly with the existing infrastructure, linking to Calle Fragata in the north and the N-332 roundabout in the south. A picturesque Mediterranean promenade will facilitate pedestrian access to the iconic Paseo Maritimo, which has served the Punta Prima beach area since 1969, while also connecting to the beautiful coastal pathways of Playa Flamenca, La Zenia, and Cabo Roig.

Economic Potential and Investment Opportunities

This development is poised to significantly enhance the local economy, generating wealth and creating jobs while attracting an international clientele with high purchasing power. As property offerings are anticipated to hit the market in the coming months, this project represents a remarkable opportunity for investors looking to capitalize on the burgeoning real estate market in Orihuela Costa.

Your Partner in Investment

For those interested in exploring investment opportunities in Spanish real estate, particularly in this vibrant region, Global Spain Real Estate is here to assist. We provide expert guidance and support for potential investors, helping you navigate the intricacies of property investments in Orihuela Costa and beyond. Don’t miss out on the chance to be part of this exciting new chapter in coastal living. Contact us today to register your interest and stay updated on this extraordinary development!