Property for sale in Benidorm – life in Spanish New York
Benidorm, a city on the Costa Blanca with a population of about 70 thousand people, has become very popular in recent years among citizens of Spain and many other countries. During the season, the number of people living here increases to 800,000 people or more. A distinctive feature of Benidorm is its multi-story structure. Therefore, it is also called Spanish New York and Mediterranean Las Vegas. Contemporary properties for sale in Benidorm can satisfy the needs of the most demanding buyers.
Benidorm has become one of the most famous resorts in Spain relatively recently. Until the 60s of the 20th century, this area was a small fishing settlement. However, its excellent location, climate, and beautiful nature contributed to the development of tourism and housing construction. Today, it is a city of sea recreation and developed infrastructure. A large number of hotels, restaurants and bars, sports centers and entertainment venues are concentrated here. A wonderful holiday on the beach and the opportunity to play golf attracts about five million tourists a year.
Unlike other resort towns on the Costa Blanca, Benidorm is a city of skyscrapers designed in modern techno and high-tech styles. It is distinguished by sophistication and is almost as popular as Ibiza and the Canary Islands. In terms of daily real estate rentals, the city holds second place among other European cities. A large number of city residents are foreigners. There are many representatives of Great Britain here, who at one time had a great influence on the development of Benidorm. The resort is also loved by the Germans, French, and Scandinavians.
Popular types property in Benidorm
Housing construction in Benidorm began from the coastline. Multi-storey residential complexes were built here at a rapid pace, and until now most people live in apartments of different sizes and characteristics. Benidorm is one of the five cities in Europe with the largest number of skyscrapers, with more than 20 buildings with a height of 100 m and above. The quality of life in the residential complex meets modern standards. There are many amenities available here; in addition, the complexes are equipped with various spaces for solving everyday issues and relaxing.
Property for sale in Benidorm is also represented by different types of houses and luxury villas. Those who want privacy can easily buy property in Benidorm, located in quiet residential areas on the outskirts of the city. In the center, the number of villas for sale is quite small and prices for such properties start from € 1,500,000.
In general, prices for properties in Benidorm vary significantly depending on many factors. One of the main ones is proximity to the coast. Determining factors can also include:
- type of property;
- time of construction;
- area;
- availability of land;
- availability of a swimming pool and other locations;
- number of amenities, etc.
An important factor influencing the cost of a property is the view from the windows and balconies. Most buyers are willing to pay more for panoramic sea views.
One should not conclude that all properties to buy in Benidorm are very expensive. In older residential buildings you can find small studio apartments and one-bedroom apartments at quite affordable prices.
| Property type | Distance to the beach | Price, € |
| Apartment with an area of 55 sq. m with one bedroom | 450 m | 74,000 |
| Apartment of 55 sq. m with one bedroom | 200 m | 86,000 |
| Apartment of 65 sq. m with two bedrooms | 350 m | 95 000 |
| Townhouse of 100 sq.m with three bedrooms and a swimming pool in the complex | 450 m | From 162,000 |
| Villa of 200 sq. m with four bedrooms and a swimming pool | 600 m | 278,000 |
| Villa of 300 sq. m with four bedrooms and a swimming pool | 350 m | 432,000 |
Average price of 1 sq. m of property for sale in Benidorm is € 3018, the average price of property in Benidorm is € 370,537.
Why you should buy property in Benidorm
Property for sale in Benidorm, Spain, is of interest to many buyers, primarily because this city combines all the advantages of a developed seaside resort and modern urbanization. The local climate is favorable for everyone, including children and the elderly. The mountain range surrounding the city protects it from sudden changes in temperature. Therefore, summers here are not very hot - up to 26⁰, and winters are not cold - above 10⁰. Six magnificent beaches are equipped for a wonderful holiday for both adults and children.
Wealthy tourists from different European countries come to Benidorm to practice golf. Near the city there are magnificent golf courses and golf clubs, where competitions of world leaders in this sport take place. And the surrounding landscapes give it a special charm.
Benidorm property for sale is also attractive for people who want to live here after retirement. And just buying property in Benidorm to spend a few months with your family on the beautiful coast is an absolutely fantastic idea! The city's high-quality transport system, proximity to the sea, numerous parks with tropical plants, delicious food and a variety of entertainment will make your vacation unforgettable.
Those wishing to receive a stable income can successfully invest in property for sale in Benidorm. Tourists from other provinces of Spain and around the world are happy to rent an apartment or home for their vacation. And the owner of the house will increase his capital. The local property market offers many properties that are attractive from this point of view.
How to buy property for sale in Benidorm Spain
The process of purchasing property in Benidorm is determined by the relevant regulations. The buyer must complete the purchase in several stages:
- Selecting a property. A great deal of information for selection is available in numerous Internet sources. You can also use the help of real estate agencies operating in the local market. One of these agencies is WTG Spain, a company whose employees have extensive experience in the market. With their help, choosing a property and all subsequent actions will not require much effort from you and the transaction will be successful.
- Opening an account in a Spanish bank.
- Reservation of the property, payment of a deposit.
- Checking the selected property for due diligence.
- Concluding a purchase and sale agreement, full payment of the cost.
- Acceptance of ownership of the property.
By making a purchase, you will become the owner of a wonderful property located in a city of extraordinary beauty and amenities.
