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3
Bedrooms
3
Bathrooms
115 m²
Surface area
€
€3043
Price per m²
House
Property type
+4 photos
Analysis
Price
€350.000
Own investment (30%)
€105.000
30% down payment of purchase price
Buyer costs
€35.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€151,02
Expected occupancy rate
68%
Gross rental p/m
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€0000
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Mortgage costs
-€653,33
This is the monthly interest you pay for the mortgage
(3.2% interest)
Maintenance costs
-€95,83
Estimated annual maintenance costs (10€/m²). This is the rule of thumb for existing and older homes. For new construction, this is usually lower.
Cleaning costs
-€333,33
Annual cleaning costs: €4000
(€333,33/month). Based on number of bedrooms.
Platform fees
-€468,54
15% commission based on average fees from Booking.com and Airbnb
Municipal taxes
-€86,88
Municipal taxes for Benijofar
Tax
(19%)
-€282,28
This is the VAT percentage you pay in the country of the property.
If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
Nightly Rates
Estimated nightly rate
€151,02
High season
€189
Mid season
€145,25
Low season
€97
Price determining factors
- Property condition: Modern construction and amenities increase value.
- Local market trends in 2027: Growing popularity of Costa Blanca as a destination.
- Property type: New build apartments tend to retain and increase value.
- Economic outlook in 2027: Positive economic growth supports property appreciation.
- Demographic developments: Population growth and expatriate influx increase demand.
- Infrastructure plans in 2027: Planned developments improve accessibility and attractiveness.
- Historical WOZ value trends: Rising taxes reflect increasing property worth.
Comparable accommodations
All comparable accommodations and their nightly rates are retrieved from booking platforms.
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €185,60 | Villa El Loto Blanco | 6.6 km |
| €150,33 | Villa Lindal - upper part of Ciudad Quesada. | 2.5 km |
| €231,40 | Fidalsa 5 Stars Sea Views | 3.3 km |
| €222,67 | Villa "Alma" with pool heating | 6.9 km |
| €196,40 | La Manzana - Villa with Private Pool | 9.3 km |
| €246,60 | Exclusive New build Villa with jacuzzi and pool | 5.6 km |
| €116,43 | Sunny stay at Casa Corten with Private pool. | 5.8 km |
| €121 | Very nice beachfront house. | 7.8 km |
| €119,20 | Villa-Capricho Playa - ParqueMar. VT-480073-A | 9.9 km |
| €98,40 | Nature Views Luxury Villa - 3BR en Pool | 12.6 km |
Return & Value appreciation
Annual return
10.31%
5 Year Return
51.55%
10 Year Return
103.10%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: The property appears modern and well-maintained, which supports steady appreciation.
- Local market trends in 2027: The Costa Blanca region is popular among tourists and expatriates, likely supporting positive market trends.
- Property type: New build apartments tend to appreciate well due to modern features and low maintenance costs.
- Economic outlook in 2027: Spain's economy is expected to recover and grow, boosting real estate demand.
- Demographic developments: Increasing expatriate and retiree populations in Spain support long-term demand.
- Infrastructure plans in 2027: Ongoing improvements in transportation and amenities will enhance property value.
- Historical WOZ value trends: Consistent increases in property taxes indicate rising property values.
Possible improvements
- Adding a swimming pool or upgrading existing pool area.
- Enhancing outdoor living spaces with landscaping or additional terraces.
- Upgrading kitchen and bathroom fixtures for modern appeal.
- Installing smart home technology for added convenience.
- Improving energy efficiency with solar panels or better insulation.
Description
Discover modern apartments for sale in Benijofar, Spain, offering a perfect blend of contemporary design and tranquil countryside living. These new build apartments in Benijofar feature spacious 3-bedroom layouts with 95 sqm of living space, complemented by large 25 sqm terraces ideal for outdoor relaxation. Each home includes a private garage, dedicated storage, and lift access within a secure gated community. Residents can enjoy a communal swimming pool surrounded by landscaped gardens, alongside pre-installed air conditioning for year-round comfort and an under-build basement for additional storage. Located just 8 km from the stunning beaches of Costa Blanca, these apartments in Benijofar provide easy access to essential amenities such as schools, shopping centers, and public transportation. Benijofar, a charming town in Spain, combines traditional Spanish charm with modern convenience, making it an excellent choice for both holiday buyers and investors seeking property in Spain. Whether seeking a permanent residence or a holiday retreat, these apartments in Benijofar offer a unique opportunity to enjoy the relaxed lifestyle and beautiful surroundings of the Costa Blanca region.
Location
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