Playa Graciosa Apartments for Sale – Updated Listings, Complex Guide & Buyer Information

Playa Graciosa is one of the most desirable residential areas in Los Cristianos, known for its spacious apartments, large terraces, peaceful location and excellent build quality across all three phases: Playa Graciosa 1, 2 and 3. Whether you’re searching for a ground-floor apartment with generous outdoor space, a mid-floor unit with a sunny terrace, or a duplex penthouse with a private rooftop, this guide provides everything you need to know.

Below you’ll find current listings, complex information, typical layouts, prices, and a detailed buyer guide based on years of experience selling in these complexes.

Current Apartments for Sale in Playa Graciosa

Below are the latest properties currently for sale in Playa Graciosa. We update this page as new listings come onto the market, so it’s a useful place to keep an eye on availability across PG1, PG2 and PG3. Right now we have a strong range from 1 bed to 4 bed, priced from 295,000€ to 719,950€.

1 Bedroom Apartment for Sale in Playa Graciosa 3
A smart entry point into one of Los Cristianos’ most sought-after residential complexes. This bright 1 bed / 1 bath apartment offers approximately 53m² of interior space plus an 11m² terrace, ideal as a lock-up-and-leave winter home, a base for longer stays, or a low-maintenance full-time apartment in a peaceful, gated setting. 295,000€

2 Bedroom Ground Floor Apartment for Sale in Playa Graciosa 2
Ground-floor units are always popular here thanks to the outdoor living, and this one offers a great combination of space and lifestyle. With a generous front terrace plus a rear garden area, it’s perfect for buyers who want outdoor dining, sunbathing and privacy without needing a villa. 2 bed / 2 bath. 475,000€

Corner Ground Floor Apartment – Playa Graciosa 2
A standout corner property with a wrap-around terrace and garden area. The large terrace and garden space make this a superb option for year-round living or a high-end winter home, with the convenience of a secure residential complex close to everything. 2 bed / 2 bath. 575,000€

3 Bedroom Ground Floor Corner Apartment with Huge Terrace – Playa Graciosa 2
An exceptional ground-floor home with a rare amount of outdoor space: approx. 222m² of terrace and garden in a corner position. The terrace wraps around two sides of the apartment with South-East and South-West aspects, then opens into a garden on the third side facing South-West, West and North-West — giving excellent sunshine throughout the day and into the evening. 665,000€

4-Bedroom Duplex Penthouse – Playa Graciosa 2
A rare duplex penthouse in a prime corner position with sea views and the classic Playa Graciosa layout: living space and bedrooms on the main level, plus a flexible upper-level room and rooftop terrace. This type of property attracts strong demand due to the privacy, outdoor space and the option to configure the upstairs room as an office, lounge or additional fourth bedroom and third bathroom. 719,950€

If nothing suits you today, new apartments do occasionally become available – see below to register for alerts.

Recently Sold in Playa Graciosa

To give an idea of the market over the past 12 months, here are a few recent sales we’ve handled in Playa Graciosa. Please note: these are the asking price ranges we marketed at – the final agreed sale prices may differ.

• Playa Graciosa 2 – 1 bed corner with large terrace: 330,000€ – 350,000€ (sold)
• Playa Graciosa 3 – 3 bed / 2 bath middle floor: 530,000€ – 560,000€ (sold)
• Playa Graciosa 2 – 2 bed / 2 bath ground floor (high-end refurbishment): 530,000€ – 560,000€ (sold)

About the Playa Graciosa Complexes

The Playa Graciosa complexes were developed in phases (1, 2 and 3), but all share a very similar look, feel and build quality. Construction of phase 1 was back in 1999, phase 2 is 2001 and phase 3 in 2003. Each complex benefits from:

• Gated pedestrian access and secure entry to the car park
• Lifts to all floors
• Underground parking spaces with all apartments
• Private storage rooms with all apartments (trasteros)
• Attractive communal pool and garden areas
• Quiet, upmarket residential setting

Another key factor that enhances the appeal of the Playa Graciosa complexes is that VV (Vivienda Vacacional short-term holiday rental) licences are not permitted. This has a significant effect on the overall atmosphere: there is no weekly turnover of tourists, no constant stream of suitcases, arrivals and departures, and far fewer disturbances than in mixed-use buildings. The result is a consistently quiet, stable residential environment.

Playa Graciosa is also considered an upmarket development within Los Cristianos. The level of construction, the size of the apartments and terraces, the underground parking, and the price point naturally attract buyers who are looking for quality homes rather than short-term investments. These factors help maintain a calm, respectful community where owners take pride in the complex.

For semi-retirement, long-term living, or anyone wanting a peaceful, high-end residential setting close to the beach, restaurants and amenities — but just far enough away to avoid the noise — Playa Graciosa is hard to beat.

Playa Graciosa 1, 2 & 3 – Key Differences Explained

Playa Graciosa 1

• Slightly further back from the restaurants and bars compared to PG2 and PG3
• Still only a short walk to the front and to local amenities
• Has a tennis court

Playa Graciosa 2

• Centrally positioned between the other phases
• Closer to the front than the other two phases, although not by a huge amount
• The road to the complex has no through-traffic

Playa Graciosa 3

• The newest phase, though construction differences are minimal
• The closest phase to the El Mirador strip, where there are some excellent bars and restaurants
• Same high-quality finish and layout style as the earlier phases

All three complexes appeal to the same type of buyer, there are slight differences in the immediate locations but they are all in the same area of Los Cristianos.

Apartment Types in Playa Graciosa

Ground Floor Apartments

Ground-floor units are highly sought after due to their outdoor living space. They typically feature:

• Large front terraces and additional rear garden areas (typically 50 – 70m² of outdoor space, sometimes much more on the corner units)
• Ideal for dining, sunbathing, entertaining, or families needing extra outdoor space

Middle Floor Apartments

Mid-floor units offer:

• A single terrace off the lounge
• Terrace size roughly one-third of the ground-floor front terraces
• Bright internal layouts which are more or less the same as apartments on other floors
• Perfect for holiday homes or part-time living and often slightly lower priced than ground floors

Penthouse Apartments (Duplex Layouts)

All penthouses in Playa Graciosa follow a duplex design:

Lower Level

• 1, 2 or 3 bedrooms
• Lounge with access to a spacious terrace
• Bathroom(s) on the main level

Upper Level

• An additional room (often used as an additional bedroom)
• Many owners add a bathroom on this floor
• Access to a private rooftop terrace
• Terrace sizes vary with the corner units being the largest

Penthouse properties in Playa Graciosa often attract strong demand when they become available. Because all penthouses are duplexes with an additional room on the upper level, many owners market them with more bedrooms than are shown on the official deed. For example, a 1-bedroom penthouse is often advertised as a 2-bedroom because the upstairs room can be used as a second bedroom. Likewise, a 2-bedroom penthouse may be listed as a 3-bedroom, and a 3-bedroom can be presented as a 4-bedroom by utilising the upper-level room and rooftop terrace.

It is important to understand the difference when comparing properties and prices as you may well be comparing a 2 bed penthouse with a 3 bed penthouse and thinking they are the same type of property. The best way to check is ask: “Is this a 1 bedroom plus 1 bedroom” “2 bedroom plus 1 bedroom” “3 bedroom plus one bedroom” etc so you can compare like for like.

Typical Price Range in Playa Graciosa

While prices vary by orientation, terrace size and building position, typical ranges are:

• 2-bedroom apartments: €435,000 – €575,000
• 3-bedroom apartments: €535,000 – €750,000
• Penthouses: €675,000 – €1,000,000+

Correctly priced properties tend to sell quite quickly due to limited supply and the fact that there aren’t many complexes which offer the lifestyle benefits you will find in Playa Graciosa. Most prices reflect terrace size, position and condition – though now and then you’ll see an asking price that’s… ambitious. If you want a realistic view of value whether you’re buying or selling, I’m happy to advise.

Frequently Asked Questions

Are Playa Graciosa apartments suitable for long-term living?

Yes. The area is quiet, secure, and popular with year-round residents. These apartments are very spacious with plenty of storage compared to typical holiday apartments.

How far is Playa Graciosa from the beach?

Around a 5 – 7 minute walk to the beachfront and promenade. Some of the best bars and restaurants are also just a short walk away, but far enough that there is no noise disturbance.

Do the complexes include underground parking?

Yes, all buildings include underground parking and storage rooms. Some parking spaces have separate deeds, and it is possible to install an electric charging station.

Are the complexes gated?

Yes. All three have controlled pedestrian and vehicle access. The garage is accessed by remote-controlled entrance gates.

Do penthouses include rooftop terraces?

Yes. Every penthouse unit includes an upper-level room and a private rooftop terrace. These take different forms. Some are left in original condition as an upstairs “space” off the roof terrace. Others are converted and used as an office, entertainment area with fridge and bar to complement the rooftop terrace, or as an additional bedroom. Some also have en-suite bathrooms.

Be Notified of New Playa Graciosa Listings

Playa Graciosa apartments are in high demand and don’t come up often.
If you’d like early access to new listings, you can register below:

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