2 Bed Apartment Villajoyosa €376,000 | Investment Opportunity
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Om denne eiendommen
This 95m² apartment represents a compelling investment opportunity in one of Costa Blanca's most sought-after beach destinations. Priced at €376,000 (€3,958/m²), this property sits 40% below comparable Spanish island markets while maintaining premium specifications—a rare value combination in the current market. The Villajoyosa market has appreciated 8% year-on-year, with rental demand remaining consistently strong at approximately €800 per week for holiday lets. As an investment asset, this apartment offers dual benefits: immediate rental income potential through the established holiday let market, and medium-to-long-term capital appreciation in a location with proven buyer demand. Located in Playa del Torres, the property benefits from proximity to Blue Flag beaches and established tourism infrastructure, making it highly attractive to both short-term renters and owner-occupiers seeking a Mediterranean retreat.
About Villajoyosa
Villajoyosa, also known as La Vila Joiosa, is a picturesque coastal town on the Costa Blanca's northern stretch, approximately 40km south of Alicante. The town is famous for its distinctive colorful architecture and has evolved into a sophisticated residential and tourism destination while retaining authentic Mediterranean character. Blessed with 320 days of annual sunshine and temperate winters, the climate supports year-round tourism and outdoor living. The surrounding area features numerous Blue Flag beaches, including family-friendly coves and more secluded stretches. Villajoyosa's strategic location offers easy access to Alicante International Airport, Valencia, and the cultural heritage towns inland. The property market here has matured significantly, attracting quality developments and discerning buyers seeking alternative Spanish coastal investments.
Life in Villajoyosa
Living in Villajoyosa means daily access to Mediterranean beach culture combined with modern European conveniences. The established international community—predominantly British, Dutch, and Scandinavian expats—means English is widely spoken and international schools operate year-round. Daily life revolves around quality outdoor living: morning beach swims, afternoon promenades along the paseo marítimo, and evening dining at waterfront restaurants serving both Spanish specialties and international cuisine. Weekly markets provide fresh produce and local goods at competitive prices, while major supermarket chains (Mercadona, Lidl, Consum) offer familiar shopping experiences. Healthcare is comprehensive with English-speaking medical professionals readily available. The town maintains a relaxed Mediterranean pace while offering sophisticated dining, water sports, golf, and cultural activities. Property owners enjoy a lifestyle that balances beachfront living with practical, modern infrastructure—making it ideal for both full-time residents and investment owners managing rental properties.
Investeringspotensial
The Villajoyosa property market demonstrates strong fundamentals for investors. The €3,958/m² valuation represents significant value relative to comparable Spanish island properties (Mallorca, Ibiza) which command 40% premiums. Year-on-year appreciation of 8% positions this market favorably against broader European residential trends. Holiday let rental potential is substantial—comparable 2-bedroom beachfront apartments in Villajoyosa command €800+ per week, generating annual rental income potential of €35,000-40,000 assuming conservative 45-50 week occupancy. Operating costs (management, cleaning, maintenance, property tax) typically consume 30-35% of gross rental revenue, yielding net returns of 10-12% annually based on current market rates. Beyond rental income, the property benefits from capital appreciation driven by ongoing tourism demand, limited new beachfront construction, and increasing interest from Northern European investors seeking diversified property portfolios.
Estimerte leieinntekter
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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