Benidorm is one of the most popular tourist destinations on the Costa Blanca. More than 11 million tourists a year fly to the coast to warm up on the sunny beaches. Hotels are under siege. With so many visitors to the city, many people find an alternative to renting private apartments or penthouses for holidays. Here are 5 reasons to consider Benidorm when planning an investment.
Benidorm is popular with tourists for several reasons. One of them is its excellent location guaranteeing beautiful weather all year round. But it is not only the meteorological climate that matters here. The very nature of Benidorm, a city that never sleeps is equally important - a vibrant city that has a lot to offer, no matter how old we are. It is famous for its entertaining nightlife and great music. Concerts, parties, great clubs and bars - you won't get bored here.
As a city known for entertainment, Benidorm has plenty to offer. It is headed by water and theme parks – Aquanatura, Aqualandia, Terranatura, the Mundomar zoo and Terramítica. Excellent, high-quality beaches and swimming pools are ideal for lounging all day long. If you want to explore the surroundings, the local harbour also provides boat trips to nearby seaside towns and islands. Private charter yachts, diving and many other outdoor activities are also a great way of spending time. In addition, there are many very popular festivals in Benidorm including the Low Festival, Visorfest and Reggaeton Beach Festival, which are very popular every year! For those looking for sports not connected with water, the city offers 3 beautiful 18-hole golf courses, 2 small green courses and a football pitch only 5 minutes drive away from the centre. There are more than 30 golf courses on the Costa Blanca!
Regardless of the budget you have at your disposal, you will find a place of your dreams here. Benidorm consists of smaller apartments with 1-2 bedrooms, larger apartments with 3-4 bedrooms, detached villas with private swimming pool, or townhouses and semi-detached houses with communal swimming pools, which are well suited for families with children. The interiors are designed to be as spacious as possible and adapted to the temperatures on the coast. In addition, gardens, swimming pools - all according to the needs of tourists.
After the economic crisis in 2008, there are no more traces of it on the Spanish property market. Now is the best time to decide to invest in the Iberian Peninsula. A significant increase in property sales has been recorded in recent years, especially among foreign investors. The prospects for the coming years are equally promising and Benidorm is in the lead when it comes to the growth of property sales in Spain.
It is also worth considering investing in property for profit. The average monthly rental cost amounts to EUR 602. The prices vary depending on the size of the premises, distance from the city centre or additional attractions, such as: swimming pools or gardens. A property in a place like Benidorm can be rented in two ways - long-term, for at least 12 months or short-term, by parties like Airbnb. Thanks to the Internet, it is much easier than ever to reach clients wishing to rent an apartment or a house. Also, a much larger number of people are willing to live in this form of housing. This is a greater risk for investors, but revenues are a great reward. Check the property offers in Benidorm and contact our agents.
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