1 Bed Apartment Villajoyosa €249,000 - Investment Property
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About This Property
This 1-bedroom apartment in Villajoyosa represents a compelling investment opportunity on the Costa Blanca. Priced at €249,000, the property offers exceptional value at €5,188/m², positioning it 40% below comparable Spanish island markets while delivering strong capital appreciation potential in a region experiencing consistent 8% year-on-year growth.
For investors seeking rental income, Villajoyosa's established tourism infrastructure supports consistent holiday let demand. Properties in this market typically generate €800 per week in seasonal rental income, creating multiple revenue streams. The 48m² layout maximizes efficiency and appeal to short-term renters, reducing vacancy periods while maintaining premium rental rates.
Located in Pueblo, Villajoyosa's most sought-after area, this apartment benefits from proximity to Blue Flag beaches, restaurants, and local amenities that drive both tourist and expat demand. The combination of location, price point, and rental potential makes this property suitable for investors building diversified portfolios or seeking reliable income streams in Europe's most stable property markets.
About Villajoyosa
Villajoyosa is a coastal municipality in southern Alicante province, positioned 30km south of Benidorm along Spain's Mediterranean coastline. The town's distinctive colored buildings and compact urban layout create a unique Mediterranean character that attracts millions of annual visitors. The area experiences a pleasant Mediterranean climate with 300+ sunny days yearly, warm winters averaging 15°C, and summers reaching 28-30°C. Geography favors year-round tourism: sheltered coves, multiple Blue Flag beaches, and proximity to hiking in the Sierra Helada create seasonal diversity. The Costa Blanca's consistent growth trajectory stems from reliable weather, established expat infrastructure, and strategic positioning between major European markets.
Life in Villajoyosa
Daily life in Villajoyosa centers on beach culture, local markets, and international community integration. The established expat population means English is widely spoken, simplifying banking, healthcare, and day-to-day transactions. The Pueblo area offers authentic Mediterranean living—farmers markets on weekday mornings, tapas bars along narrow streets, and genuine Spanish social rhythms alongside international amenities. Beach proximity enables morning swims and evening paseos within minutes. Healthcare access includes the regional hospital and English-speaking private clinics. Shopping combines traditional markets (Consum, Lidl, Mercadona) with specialized food shops. The international community organizes social groups, sports activities, and cultural events year-round, creating natural networks for new residents.
Investment Potential
This property aligns with Costa Blanca's documented investment fundamentals. Regional property values have appreciated 8% annually over the past three years, with Villajoyosa experiencing above-average growth due to infrastructure development and tourism expansion. At €5,188/m², this apartment trades 40% below equivalent Spanish island properties, offering appreciation upside as the market normalizes. Rental income potential reaches €800 per week during peak season, generating €30,000-€35,000 annualized through holiday letting platforms. The 1-bedroom configuration attracts budget-conscious tourists and business travelers, minimizing vacancy. Property taxes remain favorable: IBI (property tax) typically €200-300 annually, while capital gains taxation offers favorable treatment for EU residents. With gross rental yields approaching 12-14% before expenses, combined with capital appreciation, this represents a balanced income-and-growth investment.
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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