Apartment in Benaguasil: Residential Investment Opportunity with light renovation
A 2-bedroom, 1-bathroom apartment located in Benaguasil (Valencia), acquired for €118,000. The deal included a light renovation covering plumbing, electrical, and lighting work estimated at €8,500
About the property
About the investment
Investing in Benaguasil: lower prices, higher returns near Valencia
Benaguasil is a municipality in the Camp de Túria comarca, in the province of Valencia, located just 20 kilometres northwest of the regional capital. With a population of just over 12,600, it is a mid-sized town that offers the best of both worlds: the calm and pace of a traditional Valencian municipality, with fast and direct access to Valencia via the A-3 motorway.
Its profile is clearly residential. Over the past three years, both population and average income have grown steadily and at an accelerating rate, reflecting a town that is attracting new residents, most likely families and individuals looking for more space and a lower cost of living without cutting ties with Valencia. The average household income is around 34,810 euros per year, consistent with a well-established middle class.
Why invest in Benaguasil?
The gross rental yield is 7.5%, a very competitive figure for a municipality in the Valencia metropolitan area, where prices in the capital have risen sharply and yields have compressed.
The estimated potential capital gain over the next 3 years is 10.6%, suggesting that property values could grow significantly. Combined with rental income, the total return can be very attractive.
The absorption time for both purchase and rental is 7.5 weeks, a reasonable figure that points to active demand in the market. Properties also tend to sell within around 13 weeks, which gives the asset a degree of liquidity if you ever decide to exit.
In short, Benaguasil is a strong option for the investor who wants real returns in the Valencia area without paying the prices the capital now demands.
