3-Bed Apartment Benijófar €354,000 | Investment Property
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Approximate distances. Contact us for exact property location.
About This Property
This 3-bedroom, 2-bathroom apartment in Benijófar represents a compelling investment opportunity in one of Costa Blanca's most sought-after rental markets. Priced at €354,000—40% less than comparable Spanish island properties—this 91m² property delivers premium specification at exceptional value. With typical weekly rental income of €800 and the region experiencing consistent 8% year-on-year appreciation, this asset aligns perfectly with buy-to-let strategies and capital growth objectives. Benijófar's established international community, proximity to Blue Flag beaches, and robust holiday rental demand create ideal conditions for both short-term holiday let returns and long-term capital appreciation. The premium build quality ensures minimal maintenance costs while maximizing tenant satisfaction and repeat bookings. This property sits at €3,890/m²—significantly above the area average of €2,200/m²—reflecting superior construction standards and investment-grade finishes that command premium rental rates.
About Benijofar
Benijófar is a charming whitewashed village in southern Costa Blanca, located in the Vega Baja region between Torrevieja and Guardamar. This authentic Spanish location offers the perfect balance between coastal convenience and traditional Mediterranean charm. The village benefits from year-round sunshine—over 320 days annually—with mild winters and warm summers ideal for holiday lettings. Situated just 25 minutes from Blue Flag beaches and multiple golf courses, Benijófar attracts both long-term residents and seasonal visitors. The established international community ensures excellent English language support throughout daily life. Unlike overcrowded beachfront towns, Benijófar maintains character while offering full modern amenities, making it increasingly popular among discerning property investors seeking authentic locations with genuine rental demand.
Life in Benijofar
Living in Benijófar means embracing a slower pace without sacrificing convenience. The village pulses with a vibrant international community where English is widely spoken, yet Spanish culture remains authentic and accessible. Daily life revolves around excellent local restaurants serving both Spanish and international cuisine, weekly farmers' markets bursting with Mediterranean produce, and proximity to major supermarkets including Mercadona, Lidl, and Consum. The established expat infrastructure means reliable services, from English-speaking healthcare providers to international schools with British curriculum options. Residents enjoy immediate access to multiple championship golf courses, numerous Blue Flag beaches within 20 minutes, and a thriving calendar of cultural events. The village offers authentic Spanish living without isolation—Alicante airport is 45 minutes away, major towns are accessible by bus, and car ownership provides ultimate flexibility. For investors, this lifestyle appeal translates directly to rental demand: tenants actively choose Benijófar for its character, community, and convenience.
Investment Potential
This property enters the market at a critical moment for Costa Blanca investment. The region has experienced consistent 8% year-on-year appreciation, with Benijófar outperforming broader area trends due to its desirable combination of authenticity and convenience. At €354,000 (€3,890/m²), the property commands a premium to the area average of €2,200/m² due to superior specification and construction quality. This pricing reflects market reality: premium-finish properties in established locations achieve superior rental yields. Typical weekly rentals achieve €800, translating to approximately €36,000 annually from a 45-week season. Net rental yield of 8-10% is achievable after accounting for management costs, maintenance, and vacancy. The property's design maximizes occupancy potential: three bedrooms accommodate larger family groups commanding premium rates, while dual bathrooms eliminate scheduling conflicts and tenant complaints. Currency advantages benefit UK investors significantly, with sterling strength providing ongoing purchasing power advantages.
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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