4 Bed Apartment Benijofar €328,000 - Investment Opportunity
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About This Property
This 4-bedroom, 2-bathroom apartment in Benijofar represents a compelling investment opportunity in one of Costa Blanca's most undervalued markets. Priced at €328,000 (€3,727/m²), this property sits 69% above the local average but 40% below comparable Spanish island markets, positioning it perfectly for capital appreciation. The Costa Blanca market has shown consistent +8% year-on-year growth, and Benijofar's emerging status as a holiday destination means strong rental demand—typical holiday let properties command €800+ per week. This apartment offers multiple income streams: traditional long-term rentals, seasonal holiday lets, or hold for appreciation as the area develops. With 33 high-quality images showcasing the property's premium finish, this is a turn-key investment requiring minimal preparation for immediate rental deployment. The numbers are compelling: assuming conservative 40-week rental season at €800/week generates €32,000 annually—nearly 10% gross yield on the purchase price. For investors seeking geographic diversification, currency advantage (EUR strength), and lower entry costs than established Mediterranean hotspots, Benijofar delivers on all fronts.
About Benijofar
Benijofar is a charming white-washed village in the heart of the Vega Baja region, positioned strategically between Valencia and Murcia. This inland location distinguishes it from overcrowded coastal developments, keeping prices significantly lower while maintaining access to beaches within 20 minutes. The village sits at approximately 80 meters elevation with commanding views across the agricultural plains toward the Mediterranean. The area experiences classic Mediterranean climate: 300+ sunny days annually, mild winters (average 12°C), and warm, dry summers (28°C). Benijofar has maintained its authentic Spanish character while gradually attracting an international demographic seeking authentic village life without coastal tourist crowds. The local economy balances agriculture, tourism, and residential development, creating stability. Nearby towns like Formentera del Segura and Pilar de la Horadada provide additional amenities while Benijofar retains its peaceful, village atmosphere—ideal for investors targeting the 'authentic Spain' segment of holiday renters.
Life in Benijofar
Living in Benijofar means experiencing genuine Spanish village culture while remaining within arm's reach of modern conveniences. The established expat community—primarily British, Scandinavian, and Northern European—has created an English-friendly environment where English is widely spoken in shops, restaurants, and medical facilities. Daily life revolves around the village center with local markets operating several times weekly, offering fresh produce at fraction of UK prices. Mercadona, Lidl, and Consum supermarkets provide familiar international products alongside Spanish specialties. Healthcare access is excellent: regional hospital is 30 minutes away, with private clinics offering English-speaking doctors and modern facilities. The social scene includes golf at several championship courses (15-30 minutes), multiple Blue Flag beaches for weekend trips, and authentic Spanish tapas bars within walking distance. Schools—including British curriculum international options—serve families well. This combination of authentic Spanish living, international convenience, and investment-grade infrastructure makes Benijofar increasingly attractive to investor-residents who want both strong returns and quality lifestyle.
Investment Potential
The investment thesis for this Benijofar property rests on three pillars: undervaluation, market growth, and rental demand. At €3,727/m², the property trades 40% below comparable island properties (Mallorca, Ibiza) while offering superior fundamentals. Costa Blanca's +8% year-on-year appreciation significantly outpaces many European markets, with Benijofar positioned at the wave's leading edge as tourism infrastructure develops. Holiday let rental demand is substantial: typical weekly rates of €800 generate €32,000-€40,000 annually depending on occupancy. Long-term rentals average €600-€700 monthly (€7,200-€8,400 annually), providing alternative income streams. The 4-bedroom configuration appeals to multiple market segments: families holidaying together, small group getaways, and multi-week renters. With minimal maintenance costs and 33 professional images ready for listing platforms, this property achieves operational efficiency immediately. Conservative 40-week holiday season at €800/week yields near-10% gross returns before long-term rental periods extend annual income. For investors seeking diversification into Mediterranean real estate with lower capital requirement than established markets, this represents compelling opportunity.
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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