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Property in Benidorm – is it worth buying an apartment as an investment?
Location guide
Property in Benidorm – is it worth buying an apartment as an investment?
Benidorm attracts buyers with its strong rental market, beaches and urban lifestyle. Find out whether it is worth buying an apartment or an investment property here.
Want to get to know property in Spain? Read our guide to property in Spain for Poles to understand every aspect of buying.
Why Benidorm attracts buyers
Property in Benidorm appeals to buyers looking for a combination of urban lifestyle, beaches, year-round activity and strong rental potential. It is one of the most recognisable locations on the Costa Blanca, known for its distinctive skyline of high-rise towers, wide beaches and a large scale of tourist traffic.
The official Visit Benidorm portal highlights both the urban character of the resort and its extensive range of beaches, entertainment, accommodation and services available all year round. For the British buyer, buying property in Benidorm usually means more than just a second home in Spain.
It is often a decision to buy an apartment in a location that can work well as a second home, a rental property or a home for people who enjoy a lively, urban setting by the sea. What sets Benidorm apart is precisely that it is not a quiet, low-key town. It is a fully fledged, intensely vibrant resort with its own rhythm, a recognisable skyline and a strong tourist brand.
Is it worth buying property in Benidorm? Yes, if you are looking for a location with heavy tourist traffic, an urban atmosphere and strong practical potential. Benidorm is not for everyone, but for the right buyer profile it can be a very sound choice.
Properties Available in Benidorm
What kinds of property are most popular in Benidorm?
In Benidorm, apartments and flats attract the greatest interest, especially those with sea views, close to the beach or in buildings with good facilities. This makes sense, because the character of the city favours apartment and residential development.
The official Visit Benidorm portal points out that one of the city's symbols is its tall residential and apartment buildings, and the skyline is shaped by, among others, Intempo, Torre Lugano and other tall residential and hotel structures.
- apartments close to the beach
- flats with sea views
- properties in buildings with a pool and amenities
- units suitable for both personal use and letting
In this location, it is not only the floor area that matters, but also the specific part of the city, the standard of the building, the aspect and the rental potential.
Read more: Explore property in Spain for Poles - a comprehensive buying guide.
Who is Benidorm a good choice for?
Benidorm for the investor
Benidorm is a natural choice for people who also view property as an investment. This stems from the city's recognition, its year-round activity and its very strong position as a tourist destination. The official Benidorm tourism portal showcases a wide range of accommodation, beach, event and city offerings, which reinforces the appeal of the location for visitors. This is not a niche town, but a strong tourist brand.
Benidorm for those who value an urban lifestyle
Not every buyer is looking for peace and quiet. Some people prefer a city that is alive all year round, with promenades, restaurants, services and a distinctly urban character. Benidorm responds well to exactly these needs. Official sources show that the city offers practical information for tourists, information points, transport, urban zones and a very well-developed visitor infrastructure.
Benidorm as a holiday home
For some buyers, Benidorm will be a good choice as a holiday property or a second home. Such a purchase makes particular sense when someone wants an apartment close to the sea in a place that offers plenty of life, services and activity. Unlike quieter locations, Benidorm provides a more intense atmosphere and a wider choice of everyday attractions, which for some will be an advantage and for others a drawback.
See also: Explore property in Finestrat and property in Altea - compare them with other locations.
Benidorm as an investment location
If you are looking at Benidorm as a property investment, the most important thing is to take a realistic approach. Benidorm holds a strong position thanks to its beaches, its recognition and its year-round tourist appeal. Official sources emphasise that the city offers not only beaches and entertainment, but also urban infrastructure, accessibility and a wide range of accommodation.
A well-located apartment in Benidorm close to the beach can be of interest to people who want to combine their own stays with letting. This does not mean, however, that every listing will be a good investment. In Benidorm, even more than in quieter towns, what matters is:
- the exact location
- the quality of the building
- the standard of the communal areas
- the view, terrace and aspect
- the genuine appeal to a tenant or future buyer
It is worth remembering that an investment purchase must be assessed coolly, and not solely through the lens of the city's popularity. A strong location brand helps, but ultimately it is the specific property that counts.
What to pay attention to when buying property in Benidorm?
When buying property in Benidorm to let or an apartment for your own use, it is worth looking beyond the asking price alone. The key factors are:
- the distance from the beach and the promenade
- the type of neighbourhood and the character of the building
- noise, aspect and everyday living comfort
- the standard of the development or building
- the resale and rental potential
A realistic budget
You also need to budget carefully. A safe assumption is that the total additional costs of buying property in Spain should be reckoned at around 14–15% on top of the property price. This is a practical budgeting assumption covering taxes, the notary, the registry, documents, translations, powers of attorney, bank charges and legal services.
Financing with a mortgage
If the purchase is to be financed with a mortgage, bear in mind that in practice banks often finance around 60–70% of the property's value, so the buyer should prepare a 30–40% deposit, and on top of that allow separately for around 14–15% in purchase costs.
A safe purchase
A second rule is also very important: it is best to carry out a property purchase with the help of a lawyer. It is not worth doing it on your own. A lawyer checks the property's legal status, the documents, any charges, the consistency of the contracts and the security of the whole transaction. In practice, it is better to pay for a professional check than to have to sort out a problem later.
Read more: Explore buying property in Spain step by step, purchase costs and mortgages for foreigners.
Summary
Property in Benidorm is a good option for people who want to buy an apartment or an investment in one of the most recognisable locations on the Costa Blanca. It is a place for buyers who value an urban lifestyle, wide beaches, the scale of the city and strong practical potential, rather than a low-key, peaceful atmosphere.
Benidorm attracts above all with its scale and energy. Official tourism sources describe the city as a place with an extensive range of beaches, entertainment, transport and services, and its skyline is presented as one of the most recognisable in Spain and Europe.
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Sources / External links
Below are the official sources from which the information in this guide is drawn:
Frequently asked questions
Is it worth buying property in Benidorm?
What kinds of property are most popular in Benidorm?
Is Benidorm suitable for an investment purchase?
Is Benidorm a good place for a holiday home?
How much should you add to the property price in Benidorm?
Is it worth buying property in Benidorm with the help of a lawyer?
Looking for an apartment or an investment property on the Costa Blanca?
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