€318,000 1-Bed Apartment Villajoyosa | Investment Property
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About This Property
This 48m² one-bedroom apartment in Playa del Torres represents a compelling investment opportunity on the Costa Blanca. Priced at €318,000 (€6,625/m²), it's premium-specified property yet positioned 40% below comparable Spanish island markets, offering immediate value differentiation for investment portfolios. The property sits within Villajoyosa's expanding real estate market, which has demonstrated consistent 8% year-on-year appreciation. For investors targeting holiday rental income, this location commands typical weekly rental rates of €800, translating to robust annual yields. The apartment's proximity to multiple Blue Flag beaches and established expat infrastructure creates sustained demand from both holiday renters and long-term residents. With 21 detailed images showcasing the property, this is a fully documented investment ready for immediate analysis and acquisition. The Costa Blanca's popularity among Northern European investors continues to drive capital appreciation while maintaining healthy rental occupancy rates throughout the year.
About Villajoyosa
Villajoyosa, situated on the northern Costa Blanca coast, is a charming Mediterranean town combining traditional Spanish character with modern infrastructure. The town benefits from a mild climate year-round, with average temperatures of 18°C in winter and 28°C in summer, attracting both seasonal and permanent residents. Geographically positioned between Benidorm and Altea, Villajoyosa offers the perfect balance between accessibility and authenticity. The town's coastline features multiple Blue Flag beaches with clear waters, while the historic old town retains its original fishing village charm with narrow streets and local tapas bars. The region's natural light, coastal breezes, and protected beaches make it particularly appealing to property investors seeking locations with enduring appeal and consistent tourist flow.
Life in Villajoyosa
Life in Villajoyosa revolves around a relaxed Mediterranean rhythm with convenient access to modern amenities. The established international community—predominantly British, Northern European, and Scandinavian residents—means English is widely spoken throughout shops, restaurants, and healthcare facilities. Daily life includes access to well-stocked supermarkets (Mercadona, Lidl, Consum), vibrant weekly markets offering fresh produce, and numerous international restaurants catering to diverse tastes. The town maintains excellent healthcare facilities with a regional hospital 30 minutes away and several private clinics with English-speaking medical staff throughout the area. Beaches are accessible within 20 minutes, with water sports, beach clubs, and promenade dining creating an active lifestyle. The expat-friendly infrastructure, combined with authentic Spanish culture, creates an ideal environment for both residential living and property investment management.
Investment Potential
This property offers sophisticated investment mechanics within Costa Blanca's appreciating market. Villajoyosa has demonstrated consistent 8% year-on-year price growth, significantly outpacing many established resort areas. At €6,625/m², this apartment represents premium value—40% below comparable properties in Spanish island markets (Balearic equivalents typically command €10,000+/m²). Rental potential is particularly strong: typical weekly holiday lets generate €800 per booking, with peak seasons (summer and Easter) showing near-100% occupancy rates. Conservative annual projections suggest €20,000-€25,000 in gross rental income, delivering 6-8% gross yields before expenses. Long-term capital appreciation aligns with Costa Blanca's trajectory as more European investors recognize the value differential compared to island alternatives. Property management services are readily available and competitively priced, making remote ownership straightforward and operationally efficient.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
Property Specialist
I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
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