3-Bed Apartment Benijofar €289,900 - Investment Property
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About This Property
This 3-bedroom, 2-bathroom apartment in Benijofar represents a compelling investment opportunity in one of Costa Blanca's most sought-after markets. At €289,900—approximately 40% less expensive than equivalent properties on Spanish islands—this property offers exceptional value for investors targeting high-demand rental markets. With typical weekly rental income of €800, you're looking at strong cash flow potential for holiday let operators. The apartment's premium specification and 81m² layout appeal to families and couples seeking extended stays, a market segment showing consistent 8% year-on-year appreciation across the region. Benijofar's established infrastructure, thriving expat community, and proximity to major amenities make it an increasingly attractive destination for both primary residence buyers and investment portfolios. The €289,900 price point positions this property at €3,579/m²—a 63% premium to Benijofar's average of €2,200/m², reflecting the quality specifications and strong capital appreciation trajectory. For investors analyzing ROI, this property delivers immediate rental potential with significant long-term appreciation prospects as Costa Blanca continues its steady market growth.
About Benijofar
Benijofar is a charming pueblo located in the southern Costa Blanca region, positioned strategically between the bustling coastal areas and the quieter inland communities. This whitewashed village sits approximately 25 minutes from Alicante Airport and just 15 minutes from the Mediterranean beaches, offering the perfect balance between accessibility and tranquility. The town benefits from a Mediterranean climate with 300+ days of sunshine annually, mild winters, and warm, dry summers. Benijofar's location in the lower Vega Baja means affordable living costs without sacrificing modern amenities or infrastructure. The area has undergone significant infrastructure investment over the past decade, attracting international property developers and creating a cosmopolitan atmosphere while maintaining authentic Spanish village character. Local terraced agriculture, particularly citrus farming, still defines the surrounding landscape, providing scenic beauty and local produce markets.
Life in Benijofar
Living in Benijofar offers an authentic Spanish experience enhanced by comprehensive modern conveniences. The established international community—primarily British and Northern European expats—means English is widely spoken, easing everyday transactions and social integration. Daily life centers around the central plaza, where locals and visitors gather at outdoor cafés for morning coffee or evening socializing. Weekly markets provide fresh produce, local crafts, and an opportunity to engage with the community. The village's compact size makes it easy to navigate, while excellent bus connections and proximity to larger towns like Torrevieja (20 minutes) provide access to specialized services, international restaurants, and entertainment venues. Healthcare is readily accessible with private clinics in Benijofar and a regional hospital 30 minutes away, with English-speaking doctors available. The surrounding region offers championship golf courses, Blue Flag beaches, and water sports facilities. Whether you're managing a holiday rental investment or settling in part-time, Benijofar provides the amenities and social infrastructure of developed Europe with Spanish authenticity and affordability.
Investment Potential
The investment fundamentals for this Benijofar property are compelling. Costa Blanca has experienced consistent 8% year-on-year appreciation, with Benijofar specifically outperforming regional averages due to infrastructure development and international buyer demand. This property's €289,900 price point compared to regional holiday let market rates of €800/week (approximately €41,600 annually) suggests a 7-8 year capital recovery through rental income alone—attractive for investors prioritizing cash flow. The town's lower cost base compared to coastal rivals (40% cheaper than island markets) appeals to budget-conscious families and couples booking holiday rentals, expanding your potential tenant pool. As remote work becomes normalized, Benijofar's blend of affordability, reliability, and lifestyle amenities increasingly attracts mid-to-long-term residential lettings at premium rates. The established expat community suggests stable property management resources and proven rental demand. With regional property appreciation accelerating, early investors in Benijofar secure both immediate yield and significant capital appreciation potential.
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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