3 Bed Apartment Benijofar €294,000 | Investment
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Om denne eiendommen
This 3-bedroom, 2-bathroom apartment in Benijofar represents a compelling investment opportunity on the Costa Blanca. Priced at €294,000, this property offers exceptional value at €3,267/m² – approximately 40% below comparable properties on Spanish island markets. The Costa Blanca real estate market has demonstrated consistent growth of +8% year-on-year, with Benijofar emerging as an increasingly sought-after destination for property investors seeking high rental yields and capital appreciation. With typical weekly holiday let rates of €800, this apartment presents substantial income potential for investors targeting the lucrative short-term rental market. The property's 90m² layout has been thoughtfully designed to maximize both occupancy appeal and operational efficiency. Located in an area experiencing rising demand from both European investors and holiday renters, this purchase offers the dual benefit of immediate rental income generation and long-term appreciation prospects in a market still undervalued compared to other coastal Spanish destinations.
About Benijofar
Benijofar is a charming pueblo situated in the heart of the Costa Blanca, just 10km inland from the Mediterranean coastline. This strategic location provides residents and investors the perfect balance between coastal accessibility and authentic Spanish village living. The area benefits from a Mediterranean climate characterized by over 300 days of annual sunshine, warm summers, and mild winters – ideal conditions for year-round property rentals. Benijofar has experienced significant development over the past decade, attracting a cosmopolitan population while maintaining its traditional Spanish character. The pueblo is well-connected by road to major coastal towns and Alicante airport, making it accessible yet peaceful. The surrounding region offers diverse landscapes, from agricultural lands producing citrus fruits to proximity to both mountainous terrain and beach environments, providing the variety that appeals to modern property investors.
Life in Benijofar
Daily life in Benijofar blends authentic Spanish culture with convenient modern amenities. The established expatriate community ensures English is widely spoken, easing integration for international residents and investors managing properties remotely. The pueblo features local markets, traditional restaurants serving regional cuisine, and contemporary supermarkets including Mercadona, Lidl, and Consum for everyday shopping needs. Healthcare facilities are readily accessible, with regional hospitals and private clinics staffed by English-speaking professionals available within 30 minutes. For leisure activities, Blue Flag beaches are within a 20-minute drive, while several championship golf courses cater to sports enthusiasts. The area attracts a mixed demographic including retirees, families, and young professionals, creating vibrant community dynamics. Public transport connections link Benijofar to surrounding towns, though car ownership provides optimal flexibility for exploring the broader Costa Blanca region.
Investeringspotensial
The investment fundamentals supporting this property are compelling. Benijofar's market has appreciated 8% year-on-year, outpacing broader Costa Blanca trends in certain segments. At €3,267/m², this apartment trades at significant discount to comparable properties in Mallorca and Ibiza, where similar specification commands €5,500+/m². Typical holiday let performance generates €800 weekly rental income during peak seasons (June-September) with strong shoulder season occupancy. Based on conservative estimates (50% annual occupancy), investors can project €20,000+ annual rental revenue. Capital appreciation prospects remain favorable given ongoing Costa Blanca development, infrastructure improvements, and increasing international investor interest in undervalued market segments. The combination of immediate income generation, below-market entry pricing, and appreciation potential creates an attractive risk-adjusted return profile for UK and Northern European investors.
Estimerte leieinntekter
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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