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House in Benijofar, 2 bedrooms, 97 m² €304.000

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2
Bedrooms
2
Bathrooms
97 m²
Surface area
€
€3134
Price per m²
House
Property type
House in Benijofar, 2 bedrooms, 97 m² - Hoofdafbeelding
House in Benijofar, 2 bedrooms, 97 m² - Afbeelding 1
House in Benijofar, 2 bedrooms, 97 m² - Afbeelding 2
House in Benijofar, 2 bedrooms, 97 m² - Afbeelding 3
+8 photos

Analysis

Price
€304.000
Own investment (30%)
€91.200
Buyer costs
€30.400
Estimated nightly rate
€77,19
Expected occupancy rate
57%
Gross rental p/m
€0000
Mortgage costs
-€567,47
Maintenance costs
-€80,83
Cleaning costs
-€291,67
Platform fees
-€200,74
Municipal taxes
-€77,10
Tax (19%)
-€22,89
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€77,19
High season
€128
Mid season
€81,17
Low season
€54

Price determining factors

  • Proximity to beaches and amenities: Enhances desirability.
  • Local market demand: High for properties in Benijofar.
  • Property features: Modern design, communal pool, private terraces.
  • Economic factors: Spain’s economic recovery post-pandemic, tourism growth.
  • Local developments: New infrastructure projects, improved transport links.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

1.28%

5 Year Return

6.40%

10 Year Return

12.80%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained modern design enhances value.
  • Local market trends in 2027: Growing demand for holiday and retirement homes on Costa Blanca.
  • Property type: High-demand for apartments with terraces and communal amenities.
  • Economic outlook in 2027: Positive, with steady growth in Spain's tourism and real estate sectors.
  • Demographic developments: Increasing retirees and expatriates settling in Spain.
  • Infrastructure plans in 2027: Improved transportation and amenities in Benijofar and surrounding areas.
  • Historical WOZ value trends: Generally stable with slight increases, indicating steady appreciation.

Possible improvements

  • Upgrade kitchen appliances and fixtures.
  • Add smart home technology for modern appeal.
  • Enhance outdoor spaces with landscaping or additional features.
  • Renovate bathrooms or bedrooms for a more luxurious feel.
  • Improve energy efficiency with solar panels or insulation.

Description

Discover luxurious modern homes in Benijofar, Spain, nestled in a tranquil yet accessible location on the Costa Blanca. This exclusive residential development offers 21 beautifully designed properties with 2 to 3 bedrooms, including spacious penthouses and private solariums, perfect for enjoying Spain’s sunny climate. Each home features generous terraces, large green communal areas, and a pristine swimming pool, creating an ideal environment for outdoor living and relaxation. The penthouses stand out with private solariums starting at 75 m², equipped with pre-installed kitchens and restrooms—perfect for entertaining or enjoying breathtaking sunsets. Secure parking and ample storage options add convenience for residents. Located in the charming town of Benijofar, this property combines modern comfort with traditional Spanish charm. Benijofar’s vibrant local markets, friendly atmosphere, and proximity to the Costa Blanca’s stunning beaches make it a sought-after destination for both permanent living and investment. With excellent connectivity via Alicante’s international airport, owning a home in Benijofar, Spain, is a smart choice for those seeking a high-quality lifestyle and excellent property investment opportunities on the Costa Blanca.

Location

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