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.
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.
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:
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:
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 |
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.
A private country home in Spain is a great way to escape of hoards of a big city. One of the biggest advantages of country homes is their location - they are usually located in the province, which gives them an idyllic character. When selecting a house, it is worth paying attention to convenient public communication with the rest of the city. The access to nearby stores, restaurants and service points should be relatively quick and easy. Among the country homes in Spain we can find, among others, typical south villas - spacious, with beautiful gardens and a terrace overlooking the picturesque, rural landscapes. There is no single definition of what a Spanish country home should look like. Therefore, the local property market includes both one-storey and two-storey properties with 1,2,3 or more bedrooms, furnished and ready to move in, as well as those without equipment. As a rule, better price conditions are provided by the secondary market, but developers' offers are also noteworthy. Due to the large variety of offers, the investor can easily find a home for himself that meets his demands, financial possibilities and investment goals.
Houses in the countryside are usually very spacious properties with a large plot of land. On our website you will find offers for fully equipped country homes in Spain, as well as cheaper properties for renovation. The country homes you will find on the Spanish property market include many amenities - both internal and external. Check out the most popular ones.
The attractiveness of the location, area, region of Spain and available amenities - all this can affect the price of a country home in Spain. However, it is worth mentioning that this type of property is usually located in provinces and suburbs, which makes it more affordable in comparison with homes in typically urban areas.
Average value of property transactions of the free housing market in Spain
Due to the idyllic nature of the property, the prospect of a high return on investment, as well as attractive prices, country homes in Spain arouse interest among both, native investors and foreigners. The British, German, French, Belgians and many other nationalities are willing to invest in the Spanish property market. Fortunately, the procedure of buying a property is not as complicated for foreign investors as it may seem. However, when choosing the right place for investment, it is worth using the help of professionals.
Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain
