Properties for sale in Benidorm

Properties for Sale in Benidorm: Complete Guide for Investors and Buyers

Benidorm is one of the most popular destinations on the Costa Blanca, both for residents and tourists. If you are looking for properties for sale in Benidorm, whether for investment or to establish your residence, this article will offer you a complete overview of the real estate market in the area. We will also provide updated data on prices, available types of properties, and the best areas to buy.

1. Why Buy a Property in Benidorm?

Benidorm has experienced consistent growth in its real estate market thanks to its exceptional climate, dream beaches, and vibrant urban life. The most notable reasons to consider buying a property in Benidorm include:

• High rental profitability for vacation homes: According to recent data, vacation rentals in Benidorm have an average occupancy of 80% throughout the year, with peaks of 95% in summer.
• Property value appreciation: Property prices in Benidorm have increased by an average of 4.5% annually over the last 5 years, with positive projections for 2024 and 2025.
• Safe investment: The city has high demand from both national and international buyers, especially British and Nordic.

2. Prices and Types of Properties for Sale in Benidorm

In Benidorm, you can find everything from beachfront apartments to luxury villas in private developments. Below is a breakdown of the most popular types of properties and their average prices:

• Beachfront apartments: Between €200,000 and €600,000, depending on the location and building amenities.
• Penthouses with sea views: From €350,000 to €900,000, with a significant increase in properties with large terraces and private pools.
• Chalets and villas in developments: Prices from €500,000 upwards, especially in exclusive areas like Sierra Cortina and Cala de Finestrat.
• Studios and flats in central Benidorm: From €120,000, ideal for those looking to invest in short-term rental properties.

It's important to note that prices can vary considerably depending on proximity to the beach, development services, and construction quality.

3. Best Areas to Buy Properties in Benidorm

Some of the most in-demand areas for buying properties in Benidorm are:

• Levante and Poniente: These are the most famous beaches and offer a wide range of tourist apartments. They are ideal for those seeking high rental returns on vacation properties.
• Rincón de Loix: Popular among foreign buyers, especially British, this area offers both apartments and chalets with good connections and proximity to amenities.
• Sierra Helada and Sierra Cortina: Perfect for those seeking exclusivity, privacy, and panoramic views. Here, luxury villas predominate.
• Historic Center: Ideal for those who prefer to be close to shops, restaurants, and services, with the advantage of being just minutes from the beach.

4. Data and Statistics on the Real Estate Market in Benidorm 2024

Benidorm’s real estate market remains dynamic and attractive. According to the latest report from Idealista and other real estate portals:

• The average price per square meter in Benidorm is €2,800/m² in 2024, with a slight increase of 2% compared to the previous year.
• International buyers represent 45% of transactions in the city, predominantly British, Nordic, and Belgian.
• The most in-demand properties are 2 or 3-bedroom apartments with terraces and sea views, followed by luxury chalets in private developments.

Additionally, Benidorm is experiencing a boom in new constructions, especially in areas like Poniente and Sierra Cortina, where premium service apartment complexes are being developed.

Key Conclusions

1. High demand and profitability: Benidorm remains a hotspot for real estate investment, especially for vacation rentals.
2. Property diversity: From affordable downtown apartments to luxury villas in exclusive areas, Benidorm offers options for every budget.
3. Long-term investment: With sustained growth in property appreciation, Benidorm is a safe bet for both national and international buyers.
4. Strategic location: With its climate, infrastructure, and services, Benidorm continues to attract a large number of investors and residents seeking quality of life.

If you are interested in properties for sale in Benidorm, now is the perfect time to explore available options and make an informed decision. Contact us to receive personalized advice and access the best offers on the market.