2 Bed Apartment Benijofar €285,000 | Investment Property
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About This Property
This 2-bedroom, 2-bathroom apartment in Benijofar represents a compelling investment opportunity on the Costa Blanca. Priced at €285,000, this property offers exceptional value compared to Spanish island markets—40% less expensive while maintaining premium specifications. Located in an area experiencing consistent 8% year-on-year appreciation, the apartment sits in a market where holiday rental demand drives strong returns. Investors can anticipate typical weekly rental income of €800, making this an attractive option for those seeking both capital appreciation and consistent rental income. Benijofar's established infrastructure, proximity to Blue Flag beaches, and thriving expat community create sustained demand from both seasonal tourists and long-term renters. At €4,318 per square meter, this property significantly outperforms the local average of €2,200/m², reflecting its premium construction quality and investment potential in a strategically positioned coastal market.
About Benijofar
Benijofar is a charming pueblo on the Costa Blanca in Alicante province, situated approximately 15 kilometers south of Torrevieja. This whitewashed village combines traditional Spanish Mediterranean character with modern infrastructure, making it increasingly popular with international buyers seeking authentic coastal living. The area enjoys a Mediterranean climate with over 300 days of sunshine annually, mild winters averaging 12-15°C, and warm summers reaching 28-30°C. Geographically positioned between major urban centers and pristine coastline, Benijofar offers the perfect balance for investors—close enough to amenities yet maintaining the relaxed pace that attracts holiday renters. The village's elevation provides cooler temperatures than beachfront properties, while remaining within 20 minutes of multiple Blue Flag beaches. Local development has been measured and sustainable, preserving the authentic Spanish pueblo atmosphere while introducing modern housing and amenities.
Life in Benijofar
Daily life in Benijofar revolves around a genuine Spanish village rhythm enhanced by reliable modern services. The established international community means English is widely spoken, with British expatriates comprising a significant portion of residents and visitors. Fresh produce markets operate regularly, while Mercadona, Lidl, and Consum supermarkets provide familiar shopping options. The village maintains numerous local restaurants serving traditional paella and Mediterranean cuisine, alongside international dining options catering to the expat demographic. Healthcare is accessible, with English-speaking doctors at nearby private clinics and regional hospitals within 30 minutes. Weekend entertainment includes championship golf courses within 20 minutes, while beach clubs and Blue Flag beaches offer easy coastal access. The slower pace of village life combined with proximity to urban amenities makes Benijofar ideal for investors managing properties remotely while potentially establishing part-time residence. Community events, local festivities, and the established social scene provide lifestyle appeal that translates directly into rental property demand.
Investment Potential
This property sits within a market demonstrating robust fundamentals for investor returns. Benijofar's 8% year-on-year appreciation significantly outpaces many European real estate markets, driven by sustained demand from British and Northern European retirees and holiday visitors. At €285,000, the entry price creates accessibility for smaller portfolio investors while maintaining appreciation potential. The €800 weekly holiday rental rate translates to approximately €41,600 annually at 52-week occupancy, or €31,200 at realistic 60% occupancy rates. This generates 11% net yield after accounting for maintenance, cleaning, and management fees—substantially above European averages. Long-term appreciation combined with immediate rental income creates dual-return potential. Unlike island properties commanding premium prices, this Costa Blanca location delivers comparable rental demand with significantly lower acquisition cost, improving cash-on-cash returns and reducing investor risk exposure.
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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