2 Bed Apartment €220,000 Monforte del Cid - Investment
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About This Property
This 95m² two-bedroom apartment in Alenda Golf represents a compelling investment opportunity in one of Costa Blanca's most rental-friendly locations. Priced at €220,000 (€2,316/m²), it sits just above the area average of €2,200/m² while offering premium specification at 40% less than comparable Spanish island markets. The property delivers attractive rental income potential with typical holiday let rates reaching €800 per week, positioning it perfectly for investors seeking reliable short-term returns. With Monforte del Cid experiencing consistent 8% year-on-year capital appreciation, this apartment combines immediate cash flow with long-term asset growth. The location's established expat community, proximity to championship golf courses, and Blue Flag beaches within 20 minutes create sustained demand from both holiday renters and property buyers, making this an astute acquisition for portfolio diversification.
About Monforte del Cid
Monforte del Cid sits in the heart of the Alicante interior, characterised by authentic Spanish charm with increasingly modern amenities. Positioned approximately 25 minutes from Alicante city and 40 minutes from the coast, the town offers the perfect balance between accessibility and escape. The region enjoys over 300 days of Mediterranean sunshine annually, with mild winters and warm summers ideal for year-round tourism and comfortable living. Monforte del Cid has transformed into a thriving residential hub attracting international investors, with new build developments improving infrastructure while maintaining local character. The surrounding countryside features rolling hills, almond groves, and vineyards, creating a picturesque backdrop. The area's strategic position between Alicante airport and the Costa Blanca coast makes it increasingly attractive for property investment, with local investment climbing alongside improved road connections and expanded commercial services.
Life in Monforte del Cid
Living in Monforte del Cid means embracing Mediterranean rhythm without sacrificing convenience. The established international community—predominantly British, Dutch, and German residents—means English is widely spoken and expat support networks are robust. Weekly markets offer fresh local produce alongside modern supermarkets like Mercadona and Lidl for familiar brands. Weekend getaways to Blue Flag beaches are achievable in 20 minutes, while championship golf courses at Alenda Golf and nearby venues provide regular recreation. Healthcare access includes private English-speaking clinics and regional hospitals within 30 minutes, addressing expatriate concerns. Local restaurants blend traditional Spanish cuisine with international options catering to resident preferences. The cost of living remains significantly lower than Northern Europe or UK coastal towns, extending investment returns. For retirees and remote workers, the combination of reliable infrastructure, healthcare, community, and lifestyle flexibility makes Monforte del Cid increasingly popular, supporting sustained rental demand.
Investment Potential
This property offers measurable investment returns within Monforte del Cid's appreciating market. At €2,316/m², the asking price commands a modest premium over the €2,200/m² area average—justified by premium finishes and rental-optimized design. Historical market data shows consistent 8% year-on-year capital appreciation across the region, with Monforte del Cid outperforming coastal averages due to continued infrastructure investment and inventory constraints. Rental income potential is substantial: typical holiday let rates average €800 per week (€3,200 monthly), generating approximately 17% annual gross yield. Management companies handle bookings, cleaning, and maintenance, enabling passive income for non-resident investors. Unlike traditional buy-to-let markets in Northern Europe, Spain's mixed rental model allows simultaneous personal use and commercial letting. The apartment's two-bedroom configuration, modern finishes, and golf-course location command premium seasonal rates (€100+ nightly during summer). Conservative financial modeling—assuming 70% occupancy and €550 weekly rates—projects €19,000+ annual rental income, with capital appreciation providing additional returns.
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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