Terraced houses for sale in Benidorm

Location
Spain
Market
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Lack of offers meeting the criteria.

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.

Terraced houses for sale

To have a terraced house in Spain is a dream of many – now you can make it come true! Terraced houses are a great solution for people who are looking for a convenient property at an affordable price. Depending on your needs, you may choose from terraced houses with 1,2,3 or more bedrooms. A crucial aspect of terraced houses is their location. Very often they are located in quieter districts of the city, away from the hustle and bustle. Therefore, the purchase of a terraced house is an ideal solution for people who care about privacy and a comfortable and functional environment of the property. Terraced houses are very often equipped with a spacious terrace and have a private garden. Thanks to the investment in a terraced house in Spain, you will gain a fantastic place to relax in. Depending on your needs and financial possibilities, you may look for terraced houses from the primary or secondary market.

Terraced house Amenities

Our website offers a wide variety of terraced houses in Spain. If you are looking for cheaper terraced houses in Spain, we encourage you to look at properties for renovation. In case you need help, please contact our specialists – we will find the perfect terraced house for you.

Check the additional amenities available for sale.

  • A private terrace
  • A garden
  • Air conditioning
  • Fitted kitchen with appliances
  • Heating
  • A swimming pool
  • A garage
Terraced house with swimming pool
Swimming pool by the terraced house

How much do terraced houses in Spain cost?

Are you looking for a property in Spain at an affordable price? Choose a terraced house. Generally, these types of properties are way cheaper and comparable with investing in a detached house. Moreover, it is also a profitable investment in terms of potential income from renting a property. The prices of terraced houses vary significantly. The price will be accordingly higher when the property is located in an extremely attractive location or a large area. The region in which the house is located may also affect the price. Properties in the most popular tourist resorts are usually more expensive.

 

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 terraced houses in Spain?

More and more terraced properties are being purchased not only by Spanish, but also foreign investors. It is good be aware that 13% of all property transactions in 2018 were made by foreigners. The attractive prices and the prospect of a high return on investment (even 10.5%) definitely encourage to buy a property in such a beautiful location. Investing abroad is not as complicated as it would seem – our specialists will prove it. If you need help choosing a property and would like to know more about investing in Spain, you may count on 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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