2 Bed Apartment Vera €240,450 | Investment Property
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About This Property
This 2-bedroom, 2-bathroom apartment in Vera represents a compelling investment opportunity on the Costa Blanca. Priced at €240,450 with premium specifications, this property costs 40% less than comparable developments on Spanish island markets, offering exceptional value for buy-to-let investors and capital appreciation seekers. Vera has experienced 8% year-on-year market growth, positioning early buyers to benefit from sustained price appreciation. The typical weekly rental income of €800 demonstrates strong holiday let demand, with the established international community and improved infrastructure driving consistent occupancy rates. With 64m² of efficiently designed space across two bedrooms and two bathrooms, this apartment maximizes rental versatility—appealing equally to families and couples during peak season. The property's premium build quality and modern specifications reduce maintenance costs, directly improving your net rental yield. Located in a region experiencing steady economic development and increasing tourism, this purchase combines immediate income generation with long-term capital growth potential.
About Vera
Vera is a growing coastal town in Almería province, situated on the eastern Costa Blanca approximately 140 kilometers south of Alicante. The area benefits from a Mediterranean climate with over 320 days of sunshine annually, making it an attractive destination for both holiday makers and permanent residents. Vera's geography features the Sierra de María mountains inland and direct beach access, creating diverse lifestyle options. The town has maintained authentic Spanish character while developing modern amenities, avoiding over-commercialization found in other Costa Blanca hotspots. Infrastructure improvements including updated road networks and expanded utilities have enhanced accessibility and property values. The region's agricultural heritage combined with growing tourism creates economic stability, supporting the 8% annual price appreciation trend.
Life in Vera
Daily life in Vera offers the perfect balance between coastal living and practical convenience. The established expat community means English is widely spoken, reducing settling-in friction for international residents. Vera's beaches include multiple Blue Flag designations, just 20 minutes away, offering Mediterranean access for leisure and water sports. The town center features traditional Spanish markets, authentic tapas bars, and modern supermarkets including Mercadona, Lidl, and Consum. Healthcare access includes a regional hospital within 30 minutes and private clinics with English-speaking doctors, essential for investment buyers prioritizing tenant wellbeing. International schools with British curriculum options support families renting long-term. Restaurant culture blends Spanish cuisine with international options catering to the diverse population. The relaxed pace contrasts with bustling tourist zones, creating an appealing rental narrative for clients seeking authentic coastal Spain.
Investment Potential
The Vera property market has demonstrated 8% year-on-year appreciation, outpacing many established Costa Blanca locations. At €3,757/m², this apartment trades at a significant premium to the local Vera average of €2,200/m², reflecting superior specifications and rental potential. However, the 40% discount versus Spanish island markets (Mallorca, Ibiza, Menorca) positions this as exceptional value. Holiday let rental income typically reaches €800 weekly during peak season (June-September), generating approximately €12,800-€16,000 seasonally. Off-season winter rentals provide additional income from retirees and remote workers. The two-bedroom configuration attracts diverse guest types, improving annual occupancy rates compared to larger units. Capital appreciation potential combines with cash flow, addressing both immediate income needs and long-term wealth building. Low maintenance requirements due to premium construction protect margins against surprise expenses.
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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