3 Bed Apartment Benijofar €328,000 - Investment Opportunity
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About This Property
This 3-bedroom, 2-bathroom apartment in Benijofar represents a compelling investment opportunity on Spain's Costa Blanca. Priced at €328,000 with premium specifications, this property is 40% more affordable than comparable homes on Spanish island markets—a significant advantage for investors seeking strong returns. At €3,952 per square meter, you're acquiring quality construction at a discount compared to the local Benijofar average of €2,200/m², reflecting the premium finishes and modern design. The Costa Blanca market has shown consistent growth with an 8% year-on-year appreciation trend, and this well-positioned 83m² property taps directly into sustained holiday rental demand. Typical weekly rental rates of €800 generate compelling yields for those seeking passive income through holiday lets. Benijofar's proximity to major tourist attractions, established expatriate community, and robust infrastructure make this location particularly attractive for buy-to-let investors targeting both seasonal tourism and long-term appreciation.
About Benijofar
Benijofar is a charming municipality located in the heart of the Costa Blanca, positioned strategically between Torrevieja and the Orihuela coastal developments. This small town combines authentic Spanish character with modern amenities, situated just 10 kilometers from pristine Mediterranean beaches and within easy reach of major population centers. The area enjoys over 300 days of annual sunshine, creating ideal conditions for year-round tourism and outdoor living. Benijofar sits at the gateway to the southern Costa Blanca, offering a quieter alternative to overcrowded resort areas while maintaining excellent road connections via the N-332 coastal highway. The municipality has experienced steady development focused on quality residential projects rather than mass tourism, attracting a discerning demographic of international buyers and holiday visitors seeking authentic Spanish coastal living.
Life in Benijofar
Living in Benijofar means enjoying a balanced lifestyle where modern convenience meets Mediterranean charm. The established expatriate community—predominantly British, Scandinavian, and Northern European residents—ensures abundant English-language support, international restaurants, and familiar services. Daily life centers around excellent local supermarkets including Mercadona, Lidl, and Consum, plus vibrant weekly markets offering fresh produce and local specialties. Healthcare access is straightforward with English-speaking doctors available at private clinics and regional hospitals within 30 minutes. Beach culture dominates leisure time, with multiple Blue Flag beaches accessible within 20 minutes for swimming, water sports, or casual seaside meals. Golf enthusiasts find several championship courses nearby. The social scene includes numerous international communities, hobby groups, and dining options catering to diverse palates. Public transportation exists, though most residents prefer owning cars for flexibility exploring the wider Costa Blanca region.
Investment Potential
This property capitalizes on Costa Blanca's robust 8% year-on-year appreciation trend while offering immediate rental income potential. Benijofar's location between established beach resorts and authentic Spanish towns creates consistent holiday demand. At €328,000 with typical weekly rental rates of €800, investors can project approximately €41,600 annual gross rental revenue at 65% occupancy—a realistic figure given regional tourism patterns. The property's premium construction quality at 40% below island market prices provides built-in equity and competitive advantage. Local price appreciation combined with inflation-protected rental income creates a dual-growth investment strategy. Compared to other Costa Blanca municipalities, Benijofar offers superior value without compromising location desirability or tourist access. Professional property management companies throughout the region handle bookings and maintenance, enabling passive investment structures.
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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