3 Bed Apartment Vera €255k - Costa Blanca Investment
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Om denne eiendommen
This 3-bedroom, 2-bathroom apartment in Pueblo Salinas represents a compelling investment opportunity in one of Costa Blanca's most undervalued markets. Priced at €255,000 (€2,576/m²), you're acquiring a premium specification property at 40% below comparable Spanish island markets—a significant arbitrage opportunity for savvy investors. The Vera market is experiencing consistent growth of 8% year-on-year, while typical holiday let rentals command €800 per week, positioning this property for strong capital appreciation and reliable rental income. With 99m² of thoughtfully designed living space, this apartment delivers the square footage demanded by holiday renters and long-term tenants alike. The location offers immediate proximity to Blue Flag beaches, championship golf courses, and established expatriate communities, creating sustained demand from both European investors and holidaymakers. This is not a speculative purchase—it's a numbers-backed investment in a region where fundamentals support both appreciation and consistent cash flow.
About Vera
Vera sits on Almería's Costa Levante, a 40-minute drive from the tourist infrastructure of the Costa del Sol yet maintaining authentic Spanish character with modern amenities. The town benefits from a Mediterranean climate with over 300 days of sunshine annually, making it ideal for holiday rental operations. Unlike overcrowded coastal hotspots, Vera offers space and authenticity while remaining within reach of major attractions. The region's agricultural heritage—famous for greenhouse farming—demonstrates robust economic activity beyond tourism. This economic diversity, combined with improving infrastructure and the recent surge in foreign investment, positions Vera as an emerging market with genuine growth potential rather than a saturated tourist destination.
Life in Vera
Living in Vera means accessing authentic Spanish culture without sacrificing modern conveniences. The established expatriate community—particularly British and Northern European residents—has created an infrastructure of English-speaking services, restaurants, and social networks that removes relocation friction. Daily life centers around the vibrant town square, local tapas bars, and the weekly market where fresh produce arrives directly from regional farms. The 20-minute drive to multiple Blue Flag beaches provides weekend recreation, while several championship golf courses nearby cater to the international resident base. Healthcare is accessible through both the regional hospital (30 minutes away) and private clinics with English-speaking doctors. Supermarket chains including Mercadona and Lidl ensure familiar shopping, while the expatriate density means your investment appeal extends beyond seasonal tourists to quality long-term rental tenants seeking community.
Investeringspotensial
The numbers support this investment decisively. At €2,576/m², this property sits 17% above the Vera average of €2,200/m²—a premium justified by specification quality and investment readiness. More importantly, you're purchasing at 40% below equivalent properties in Mallorca, Ibiza, and Menorca, where €2,576/m² properties carry vastly higher carrying costs. Vera's 8% year-on-year appreciation trajectory suggests €275,400 valuation within 12 months. Conservative holiday let projections of €800 weekly yield €41,600 annually gross—a 16.3% gross yield before minimal local taxes. Even accounting for 35% operational costs (cleaning, management, utilities), net yields approach 10.6%, substantially exceeding Spanish mortgage rates. The sustained demand from Northern European retirees and holiday renters ensures consistent occupancy rates. This combination—capital appreciation, reliable rental income, and geographic arbitrage—makes the investment case compelling.
Estimerte leieinntekter
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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