2-Bed Apartment Villajoyosa €420k - Investment Opportunity
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About This Property
This 2-bedroom, 2-bathroom apartment in Villajoyosa represents a compelling investment opportunity in one of Costa Blanca's most sought-after coastal towns. Priced at €420,000 with premium specifications, it's positioned 40% below comparable Spanish island markets, offering significant capital appreciation potential. The Costa Blanca property market has demonstrated consistent growth of +8% year-on-year, with Villajoyosa commanding premium prices due to its established infrastructure and high tourist demand. As an investment property, this apartment generates strong rental income potential, with typical weekly holiday lets commanding €800 in peak season. The 65m² layout provides efficient use of space, making it attractive to both short-term holiday renters and long-term tenants. Located in a mature development with established community amenities, this property combines immediate rental yield opportunities with long-term capital appreciation. For investors seeking exposure to Spain's robust tourism sector, this Villajoyosa apartment offers a strategic entry point with professional management potential and proven rental demand.
About Villajoyosa
Villajoyosa, situated on the Costa Blanca coastline in Alicante province, is a picturesque Mediterranean town blending traditional Spanish charm with modern amenities. The town's economy thrives on tourism, with world-class beaches, water sports facilities, and vibrant culture attracting visitors year-round. Geographically positioned between Benidorm and Jávea, Villajoyosa benefits from excellent connectivity while maintaining a more authentic atmosphere than nearby resort towns. The temperate Mediterranean climate delivers over 300 sunny days annually, with mild winters and warm summers—ideal for year-round property occupation or holiday lettings. The town's infrastructure has evolved significantly over recent decades, with modern healthcare facilities, international schools, and comprehensive shopping options now established. Traditional fishing remains culturally significant, influencing the town's character and gastronomic offerings. The combination of natural beauty, reliable climate, and developed amenities makes Villajoyosa particularly attractive to investors seeking properties with genuine rental demand and appreciation potential.
Life in Villajoyosa
Daily life in Villajoyosa revolves around the Mediterranean rhythm of beach culture, excellent dining, and a well-established international community. The town hosts multiple Blue Flag beaches within walking distance, perfect for morning swims or evening relaxation. An established expat community ensures English is widely spoken throughout restaurants, shops, and service sectors, easing integration for international residents. Weekly markets offer fresh local produce, while major supermarkets (Mercadona, Lidl, Consum) provide familiar international products. The restaurant scene ranges from casual beach chiringuitos serving fresh seafood to upscale dining establishments. Healthcare is readily accessible through regional hospitals and private clinics staffed with English-speaking physicians. Public transport connects to Alicante airport and neighboring towns, though car ownership provides greater flexibility for exploring the broader Costa Blanca region. The town maintains a genuine community feel despite its tourist appeal, with Spanish traditions celebrated through frequent festivals and events that enrich daily living.
Investment Potential
This property capitalizes on Villajoyosa's +8% year-on-year appreciation trend while offering immediate rental income potential. At €420,000, the price-per-square-meter of €6,462 reflects premium specification costs while remaining 40% below comparable Spanish island markets—a significant arbitrage opportunity. Holiday lettings command approximately €800 per week during peak seasons, translating to €33,000+ annual gross rental income. The 2-bedroom configuration appeals to families and small groups, representing the highest-demand segment for short-term vacation rentals. Villajoyosa's tourism infrastructure supports consistent occupancy rates, with 6-7 months of strong demand annually. Long-term rental prospects equally viable, with established expat communities and professionals seeking quality accommodation. Property appreciation, combined with rental yield, positions this apartment for attractive total returns. Professional property management services are readily available in Villajoyosa, enabling hands-off investment for non-resident owners.
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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