Apartments and flats for sale in Benidorm

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Costa Blanca
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Map of Benidorm

Properties in Benidorm

The Costa Blanca is becoming more and more popular and is starting to compete with the top Spanish coastal region, the Costa Brava. Benidorm is often called the Spanish Las Vegas or the Spanish New York - BeniYork. It is one of the most unique places on the touristic and entertainment map of Spain. In addition, Benidorm is one of the most cosmopolitan cities in Spain.

Best things to do in Benidorm

A huge number of foreign tourists of all ages state that this city provides a very attractive tourist and cultural offer. 

 

The fabulous white staircase leading straight to the Mediterranean Sea, Mirador de Punta Canfali, is something that everyone wants to see.  In addition, it is recommended to witness the wonderful, romantic sunrise on the Levante beach or stay a bit longer on the Poniente beach. Why? Unlike the Levante beach, Poniente is almost completely empty. Moreover, about 50 kilometers from Benidorm, archaeologists have found the oldest wineries in Europe. These wineries date back to 2500 BC. Although they do not function now, it is worth going to the modern local wine factories for a tasting of wines.

Skyscrapers in Benidorm

Characteristics of the property market in Benidorm

How much do properties in Benidorm cost?

Benidorm is the perfect place to invest for the British. This is confirmed by statistical data - Benidorm ranks as fifth in the most searched-for locations in the world (Q1 2017). What encourages the British to invest in Benidorm? Long sandy beaches, a developed tourist infrastructure, numerous water attractions and a huge number of restaurants and pubs, as well as excellent weather conditions.

 

Average price for properties in Benidorm:

  • Average price by square metre for Benidorm - 2,488 €
  • Average price for properties in Benidorm - 278,683 

Who buys properties in Benidorm?

Benidorm is a city with a huge number of tourists from the UK, Denmark, Ireland, Scandinavia and South America. However, it is the British who are the most popular among the group of tourists (42.5%) and foreign residents of the city (2.5 thousand). Therefore, the British are also the main foreign investors.

 

International buyers:

  • 33 % United Kingdom
  • 14 % Romania
  • 6 % Germany
  • 5 % Bulgaria
  • 5 % Netherlands
  • 5 % Italy
  • 4 % France
  • 4 % Belgium
  • 2 % Norway

Best areas for an investment

Benidorm consists of many attractive places to invest in. The British are by far particulalry fond of the district of Levante (Rincón de Loix). The district is full of British and Irish pubs and restaurants. Its international character is emphasized by street names referring to European cities. In addition, the beautiful and long promenade along the Levante beach is the perfect place to relax for people of all ages. It delights with its well-prepared infrastructure for the elderly and people in wheelchairs. The most expensive properties can be found in the Puerto district (376.688 Euro) and the British district Rincon de Loix 326.744 Euro.

172,320 € Benidorm Centro Urbano
172,864 € Benidorm Pueblo Poniente
193,447 € Benidorm Playa de Levantesa
256,150 € Benidorm Pueblo Levante
321,984 € Benidorm Playa de Poniente
326,744 € Benidorm Rincón de Loix
376,688 € Benidorm Puerto

Total numer of housing property transactions in Benidorm

  • 1st quarter 2018 745
  • 2nd quarter 2018 649
  • 3rd quarter 2018 393
  • 4th quarter 2018 453
  • 1st quarter 2019 411
  • 2nd quarter 2019 504

Prospects for the property market in Benidorm

Benidorm is one of the best places to invest in. A large number of British people and a well-designed tourist infrastructure will make you feel at home here. Benidorm offers a very high return on investment. The popularity of this tourist destination, combined with the excellent weather conditions throughout the year, means that properties for tourist rentals pay for themselves very quickly. Owners of the attractively located flats and apartments with a sea view record a ca. 85% occupancy of the apartment during the year.

 

It is predicted that properties located on the Spanish coast and in tourist centres will enjoy the greatest interest. The high rate of return on investment of up to 10.5% (data from the Spanish Central Bank) should be a big incentive for foreign investors.

Apartments and flats for sale

Apartments and flats in Spain are one of the most popular types of properties. Given their characteristics, they are usually located in urban spaces. What are the differences between flats and apartments? The high standard, large metric area and attractive location are elements which distinguish apartments from flats. Apartments should have a large area, a modern layout of rooms with a living room and a kitchenette. In addition, the finishing materials used in apartments should be of the highest quality. Apartments may be located in the strict city centre, as well as outside the city centre. However, if located outside the city centre the apartment should have a very good access to the service infrastructure and the centre. In turn, the biggest advantage is their lower price compared to the apartment. If you wish to buy an attractive flat, you may check flat offers of an advanced standard. Flats for sale in Spain are available both, from the secondary and primary market.

Apartment and flat Amenities

Our website offers a wide variety of apartments and flats for sale in Spain. We will not only help you find a large spacious apartment overlooking the sea, but also a small cheap flat in Spain. Depending on your preferences, you may choose a fully-furnished flat or a bare shell apartment. Check what elements of flats and apartments will be crucial for you.

 

  • 1 bedroomincluding bathroom and kitchen
  • 2 bedroomsincluding bathroom and kitchen
  • 3 bedroomsincluding bathroom and kitchen
  • 4 bedroomsincluding bathroom and kitchen

 

  • Furnished/Wardrobes
  • Fitted kitchen with appliances
  • Living room furniture
  • Air Conditioning/Heating
  • Gardens/Patio
  • A swimming-pool
  • A balcony/terrace

How to buy apartments and flats in Spain?

Would you like to buy an apartment or a flat in Spain? Great idea! The Spanish market prospects are very good, which means that you may now buy an apartment at a very attractive price and count on a high rate of return. If you do not know what formalities must be completed, contact us. We will help you find a flat or an apartment in a location that will meet all your demands.

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