€294k 2-bed Apartment Benijofar - Investment Opportunity
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About This Property
This 2-bedroom, 2-bathroom apartment in Benijofar represents a compelling investment opportunity in one of Costa Blanca's most sought-after rental markets. Priced at €294,000 (€4,455/m²), this property offers significant value—40% less than comparable Spanish island markets—while maintaining premium specifications. With the Costa Blanca market experiencing consistent 8% year-on-year appreciation, this property positions itself favorably for capital growth. The typical rental income of €800 per week (€3,200/month) creates a robust passive income stream, making it ideal for investors seeking holiday let returns. Benijofar's established expat community, proximity to Blue Flag beaches, and excellent infrastructure make it a perennially high-demand destination for holiday and short-term rentals. This property combines immediate rental yield potential with long-term appreciation prospects—a rare combination in today's market.
About Benijofar
Benijofar is a coastal municipality in the Marina Baixa region of Alicante, strategically positioned between Villajoyosa and Finestrat. The area benefits from a Mediterranean climate with 320+ days of sunshine annually, making it attractive year-round for both residents and holidaymakers. The town maintains a distinctive character—less developed than major tourist hotspots but fully equipped with modern amenities. Its elevation provides cooler temperatures during summer months while maintaining mild winters. The proximity to both natural attractions (mountains, beaches, wetlands) and developed infrastructure makes it increasingly popular among property investors seeking sustainable rental markets. Local investment in infrastructure and tourism facilities continues to enhance the area's appeal.
Life in Benijofar
Life in Benijofar centers around a balanced mix of Spanish tradition and international convenience. The established expat community means English is widely spoken, easing daily transactions and social integration. Residents enjoy easy access to multiple Blue Flag beaches within 20 minutes, ideal for both leisure and attracting holiday renters. The local weekly markets offer fresh produce and regional products, while major supermarkets (Mercadona, Lidl, Consum) provide familiar shopping options. Dining ranges from authentic Spanish tapas bars to international restaurants catering to the diverse population. Healthcare is comprehensive with regional hospitals and private English-speaking clinics nearby. For active investors, nearby championship golf courses provide both recreational opportunities and additional guest attractions. Public transport connects to surrounding towns, though most investors recommend a car for flexibility managing rental properties.
Investment Potential
Benijofar's investment fundamentals are compelling. The property is priced at €4,455/m² against an area average of €2,200/m²—but this premium reflects superior specifications and location. More importantly, the market trajectory is positive: Costa Blanca properties appreciated 8% year-on-year, well above Spanish national averages. Rental potential is substantial: typical 7-night bookings command €800 (€3,200/month), yielding approximately 13% annual gross return on this property. Unlike speculative markets, Benijofar demand is driven by genuine holiday demand and expat retirement interest—stable, recurring income. With 33 high-quality images available, this property photographs exceptionally well for Airbnb and Booking.com platforms, critical for maximizing occupancy rates. Investors can expect 70-80% annual occupancy in this location, translating to €2,240-€2,560 monthly net rental income after modest management costs.
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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