The Costa Blanca coast is home to many mysterious towns and cities. One of them is the charming city of Denia. Although Denia is a tourist destination, it is also inhabited by a large number of permanent residents (41 553 permanent residents). It is worth coming here on holiday to relax in the lush countryside, taste the fanstastic Spanish cuisine and see the fascinating massif of Montego. Green groves full of citrus, almonds and amazing vineyards complete the characteristics of this unique place.
Best things to do in Denia
It is worth stopping here for a while or longer. You may also buy an apartment here and rent it to tourists. In addition, there are many attractions in the area around Denia. There is the Macico del Montgó Nature Reserve, which protects the local endemic flora and fauna. The Pla de Dénia Plainis also very interesting - almost everything here is cultivated because the land is very fertile. It is also worth mentioning the symbol of the town, the medieval castle built at the turn of the 11th and 12th centuries. Today it is the Palau del Governador museum. The castle itself offers a wonderful view of the charming Denia and the blue sea.
Characteristics of the property market in Denia
How much do properties in Denia cost?
In Denia you will find many attractive tourist properties at low prices. Denia is a beautifully situated seaside resort. Of course, the prices depend on the location of the property. The most expensive properties will be those along the coastline, i.e. located in the vicinity of beaches and harbour. Very attractive properties can also be found in the vicinity of the Parc Natural del Montgó reserve. However, on the outskirts of the city you will find properties in very cheap prices.
Average price for properties in Denia:
Average price by square metre for Denia- 1,901 €
Average price for properties in Denia- 273,350 €
Who buys properties in Denia?
Denia is very popular with investors from all over the world. It delights with its perfect and very friendly climate, which lasts all year round. The city also delights with its authenticity, Spanish architecture, Spanish traditions and native inhabitants who will make you feel at home. Denia is a place where a huge number of local events takes place. Hence, many foreigners move here permanently.
International buyers:
33 % United Kingdom
14 % Romania
6 % Germany
5 % Bulgaria
5 % Netherlands
5 % Italy
4 % France
4 % Belgium
Best areas for an investment
Unlike the strictly tourist resorts, Denia is a city that is vibrant all year round. During the full season the city is visited by thousands of tourists who are looking for apartments and houses to rent around the coastline. Therefore, if you are buying property for tourist rental it is worth considering the surroundings of El Puerto. However, if you are planning to move to Denia permanently, a lot of locations can be attractive. A large number of schools, kindergartens, health centers and public facilities make life here comfortable. Denia is a good place to do business, not necessarily related to the tourism industry.
163,454 € Denia
Saladar
191,030 € Denia
Les Marines/Las Marinas
198,653 € Denia
Centro Urbano
224,565 € Denia
Devesses - Monte Pego
235,197 € Denia
La Pedrera-Vessanes
275,954 € Denia
La Xara - La Sella
284,969 € Denia
El Montgó
295,662 € Denia
El Puerto
Total numer of housing property transactions in Denia
1st quarter 2018 381
2nd quarter 2018 453
3rd quarter 2018 308
4th quarter 2018 400
1st quarter 2019 327
2nd quarter 2019 380
Prospects for the property market in Denia
Prospects for the property market in Denia are very promising because it is a city that lives all year round. Even in the off-season, there is a large number of native and foreigners here. We strongly recommend buying property for tourist rental, as well as property for a long-term rental. Denia has coped very well with the economic crisis that has affected the whole of Spain in the first decade of the 21st century. Currently, the city is constantly developing and is not losing its Spanish character. Therefore, the popularity of this city will surely grow in the coming years.
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.
Penthouses for sale
A penthouse is an extremely exclusive and comfortable apartment, usually located on the top floor of the building. In addition, very often it consists of two levels, a large living area and is finished to a very high standard. Penthouses in Spain stand out from other properties due to their attractive location. They are often built in the centres of tourist resorts – near service premises, restaurants, cafés and the beach. Of course, a penthouse investment creates bigger costs, however, if you have a sufficient budget, you will not regret this purchase. Your penthouse will allow you to experience luxury in the Spanish style. The large area guarantees the highest level of comfort, freedom and privacy. Be sure to familiarse yourself with the offers of penthouses in Spain on our website - choose from modern, spacious apartments in various locations in the Costa Blanca.
Penthouse Amenities
The luxurious character of Spanish penthouses is manifested primarily in modern equipment and a wide range of amenities. The purchase of a penthouse in Spain is an excellent choice even for the most demanding investors. The property may have access to a private SPA, gym or jacuzzi. The residential building in which the penthouse is located often includes an underground garage. A 24/7 security and reception are standard for the most luxurious properties.
A private swimming pool
A terrace
Sea view
Air conditioning
A garage
A lift
Furnished
Fully equipped kitchen in Penthouse
How much do penthouses in Spain cost?
Due to their exclusive character, attractive location and large area, penthouses are high-end properties. Be prepared that their price will exceed the average value of properties available on the Spanish market.
Average value of property transactions of the free housing market in Spain
1st quarter 2018 145 297 €
2nd quarter 2018 149 582,4 €
3rd quarter 2018 152 095,1 €
4th quarter 2018 153 179,7 €
1st quarter 2019 152 023,4 €
2nd quarter 2019 154 487,8 €
Who buys penthouses in Spain?
It would seem that a modern penthouse in the heart of the sunny Spain will only remain in our dreams. Nothing could be further from the truth! Foreigners are increasingly deciding to invest in Spain - in 2018, ca. 13% of all transactions on the Spanish property market belonged to foreign investors. On our website you will find exceptionally attractive penthouse offers in various price ranges. Unawareness of the local property market is no longer an obstacle, our specialists are ready to help! We are happy to advise you on choosing the best property offer and guide you step by step through the various stages of its purchase. Contact us.
Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain
New housing – 257 460,2 €
Second hand housing – 157 209,7 €
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