House in Novelda
Residential property of 89 m² intended for long-term rental, with a functional layout of 2 bedrooms and 1 bathroom. The property does not include a parking space. Alzira’s proximity to Valencia (around 44 km), along with established infrastructure, consolidated services, and a stable local economy, reinforces its role as a secondary urban hub with autonomous demand drivers — not purely dependent on tourism.
About the property
About the investment
Novelda: yields above 9% in a strategic location between Alicante and Elche
Strategically located between Alicante and Elche, with direct access to their labour markets, Novelda offers its 26,000-plus residents a quiet residential environment with all the amenities of a well-connected medium-sized town. The municipality is also recognised for its wine production and active agro-industrial sector, which contributes economic stability to the area.
Why invest in Novelda?
Novelda presents a solid investment profile among inland municipalities in the province of Alicante. Its gross yield of 9.1%, above the local average of 7.0%, reflects a property market where entry prices, around €110,740, remain affordable relative to the returns they generate. Estimated capital appreciation stands at 3.0% over the next three years.
According to our data Novelda is better suited to medium-to-long-term buy-to-hold strategies, or for investors who can tolerate longer tenant search periods in exchange for structurally high yields.
