€350k 2-Bed Apartment Finestrat - High ROI Investment
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About This Property
This 2-bedroom, 2-bathroom apartment in Finestrat represents a compelling investment opportunity in one of Costa Blanca's most sought-after rental markets. Priced at €350,000—40% below comparable Spanish island properties—this 73m² apartment offers exceptional value for investors targeting holiday let income. With typical weekly rental rates of €800 and consistent market growth of 8% year-on-year, this property positions you to capture both immediate rental returns and long-term capital appreciation. Finestrat's established expat community, proximity to Blue Flag beaches, and robust infrastructure make it ideal for holiday rental portfolios. The premium specification ensures competitive positioning in the lucrative short-term rental market, where demand consistently outpaces supply. Whether you're seeking passive income diversification or a dedicated investment property, this apartment delivers the fundamentals serious investors require: strong location, proven rental demand, and attractive entry pricing.
About Finestrat
Finestrat is a picturesque coastal town in Alicante province, perched between the Mediterranean Sea and the Sierra Bernia mountains. The municipality offers a rare combination of authentic Spanish character and modern infrastructure, with a climate featuring 300+ days of annual sunshine. Located just 40 minutes from Alicante International Airport, Finestrat has evolved into a thriving residential hub without losing its genuine Spanish charm. The town's elevation provides natural cooling and spectacular views, while its strategic position on the Costa Blanca makes it equally accessible to both the vibrant Benidorm entertainment scene and quieter, more exclusive beachside communities. The local economy is remarkably diverse, with tourism, agriculture, and residential development creating stable economic fundamentals that support property valuations.
Life in Finestrat
Daily life in Finestrat centers around Mediterranean rhythms and genuine community connections. The established expat population—primarily British, German, and Scandinavian—has created welcoming social networks, with English widely spoken in restaurants, shops, and healthcare facilities. Beach access is effortless, with multiple Blue Flag beaches within 20 minutes, ideal for weekend breaks that drive holiday rental bookings. Mercadona, Lidl, and Consum supermarkets cater to daily shopping needs, while local weekly markets offer fresh produce at authentic Spanish prices. Healthcare is world-class, with a regional hospital 30 minutes away and private clinics offering English-speaking doctors. The expat-friendly environment means excellent international schools nearby with British curriculum options, making Finestrat particularly attractive for families. Fine dining restaurants, casual tapas bars, and Spanish chiringuitos create a vibrant food scene that appeals directly to holiday renters.
Investment Potential
This property capitalizes on multiple economic tailwinds. Costa Blanca's real estate market has appreciated 8% year-on-year, with Finestrat appreciating faster than regional averages due to infrastructure improvements and tourism growth. At €4,795/m², you're acquiring 40% below Spanish island pricing (Ibiza, Mallorca command €8,000+/m²), creating substantial upside as Finestrat's international profile strengthens. Holiday rental yield projections are substantial: at €800 weekly rates (conservative for premium specifications), annual turnover could reach €35,000+ before costs. With 45-50 weeks of potential bookings annually, this asset generates tangible passive income while building equity through capital appreciation. The 2-bedroom configuration is optimal for holiday lettings—high demand for family groups and friend groups willing to pay premium rates. Professional property management services are readily available locally at competitive rates, enabling truly passive investment with minimal owner involvement.
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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