€390k 1-Bed Apartment Villajoyosa - Investment Property
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About This Property
This 1-bedroom apartment in Playa del Torres represents a compelling investment opportunity in Villajoyosa's buoyant property market. Priced at €390,000, the property commands €5,652 per square meter—premium specification pricing that sits 40% below comparable Spanish island markets, offering significant value for discerning investors. With typical weekly holiday let rental income reaching €800 and the Costa Blanca market appreciating at 8% year-on-year, this 69m² apartment delivers multiple income pathways. The established tourism infrastructure around Villajoyosa ensures consistent demand for short-term rentals, while long-term appreciation potential remains robust. At 156% above the local average of €2,200/m², this premium pricing reflects the property's superior specification and location within Playa del Torres—one of the coast's most sought-after beach neighborhoods. For capital appreciation and rental income generation, this property offers institutional-grade fundamentals with retail accessibility.
About Villajoyosa
Villajoyosa sits along Costa Blanca's northern reaches, positioned 40 kilometers south of Alicante and 150 kilometers north of Benidorm. The town occupies a strategic coastal position with protected coves, multiple Blue Flag beaches, and year-round Mediterranean climate conditions—average temperatures fluctuate between 8°C winter and 28°C summer. Geography provides natural protection through the Sierra Aitana backdrop, moderating coastal exposure while maintaining sea breezes. The municipality encompasses 140 square kilometers with 34 kilometers of coastline, hosting approximately 35,000 residents alongside substantial seasonal and expatriate populations. Topographically diverse terrain—combining beachfront promenades with hillside developments—enables varied property typologies and viewing prospects. Villajoyosa functions as a regional hub for water sports, maritime tourism, and beach culture, attracting consistent visitor volumes across seasonal cycles.
Life in Villajoyosa
Daily life in Villajoyosa combines Mediterranean leisure with practical infrastructure, creating appealing conditions for investors managing rental properties. The established international community—comprising British, Nordic, and Central European residents—ensures English-language support networks and familiar social structures. Weekly markets operate year-round, stocked with Mediterranean produce and European staples. Healthcare access includes the Regional Hospital within 30 minutes' drive plus English-speaking private clinics in town. Supermarket chains including Mercadona, Lidl, and Consum provide convenient shopping, complemented by traditional markets and specialty retailers. Playa del Torres specifically offers direct beach access with pedestrian-only promenades, restaurants, and bars catering to holiday visitors and permanent residents. Public transport connections facilitate movement along the coast, though property managers typically maintain vehicles for flexibility. Beaches within 20 minutes include multiple Blue Flag designations, while championship golf courses attract sports-focused residents. The expat community actively engages in social activities, reducing isolation for non-resident investors.
Investment Potential
Villajoyosa's property market demonstrates tangible appreciation momentum, recording 8% year-on-year growth with forecast continuation through 2025. Rental yields attract international holiday visitor demand—typical weekly rates achieve €800 for 1-bedroom apartments, translating to €38,000-€42,000 annual rental income at 50-55% occupancy rates. This pricing structure (€5,652/m²) positions substantially below Spanish island benchmarks (Balearic and Canary equivalents command €9,500-€12,000/m²), creating discounted entry opportunity alongside comparable amenities and tourism infrastructure. Villajoyosa's tourism positioning—proximity to Alicante Airport, Blue Flag beaches, and water sports facilities—sustains consistent visitor flows across seasonal cycles. Capital appreciation potential combines favorable demographic trends (aging European populations seeking Mediterranean relocation) with limited beachfront inventory. Commercial holiday let operators report strong performance metrics, while traditional rental markets support 4-5% yields. Portfolio diversification through Spanish property reduces currency concentration while accessing euro-denominated income streams.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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Oskar Peterson
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I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
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