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.
Characteristics of the property market in Benidorm
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 €
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.
- 33 % United Kingdom
- 14 % Romania
- 6 % Germany
- 5 % Bulgaria
- 5 % Netherlands
- 5 % Italy
- 4 % France
- 4 % Belgium
- 2 % Norway
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
|172,864 € Benidorm
|193,447 € Benidorm
||Playa de Levantesa
|256,150 € Benidorm
|321,984 € Benidorm
||Playa de Poniente
|326,744 € Benidorm
||Rincón de Loix
|376,688 € 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
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.
Properties for sale
Our website provides a wide variety of extremely attractive residential and commercial properties located near the city centre and the beach. In addition, the properties are usually located in prestigious urbanisations or on the outskirts of tourist resorts – we publish offers from the primary and secondary market. The properties are often located near parks, service points, restaurants and the communication infrastructure.
Among property offers in Costa Blanca, you may find luxurious properties but also properties in the regular standard and at a very good price. Investors who value comfort and convenience may select e.g. a 2-storey apartment with at least two bathrooms, a convenient kitchen, a wardrobe and a spacious viewing terrace. However, clients who are looking for a much cheaper solution may select e.g. flats, townhouses or studio-type properties. On our website you will also find affordable family houses - bungalows, semi-detached houses and terraced houses.