If you are looking for a bargain, then take a look at this apartment in Daya Nueva on Costa Blanca, these is nothing much cheaper than this that does not need a full refurbishment.
http://www.damattproperty.co.uk/daya-nueve-costa-blanca-south-spain/property1558.aspx
If you like to view, then act quickly as it will not be around ling at this price.
Dave