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Properties for Sale in Benidorm, Valencia, Spain

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Real estate in Benidorm

The Valencia region on the Eastern coast of Spain is a hotspot for international home buyers and investors. If you're on the hunt for your perfect abode or looking to invest in a seaside apartment, put Benidorm at the top of your list. This radiant city in the province of Alicante is renowned for its fantastic beaches and a skyline so iconic, it has been called the "Manhattan of Spain". The juxtaposition of modern skyscrapers and traditional Spanish homes creates a visually stunning cityscape that sets it apart. Before scheduling a tour with a local real estate agent, it's crucial to familiarize oneself with the local property market, what types of properties are currently listed in Benidorm, and what the average cost is for a vacation home in this vibrant locale. Its unique blend of modern architectural wonders, traditional Spanish charm, and beautiful coastline makes it a remarkable place to consider for your next property investment.

Benidorm properties: Market trends overview

The real estate market in Benidorm, located in the picturesque Valencia region, has observed consistent growth in property prices, attracting international buyers and investors, predominantly from Scandinavia, the UK, Germany, and the United States. Benidorm's prime coastal location offers the perfect blend of a relaxed lifestyle and a lively holiday experience, thanks to its numerous leisure centres, golf clubs, and its seamless connectivity to the dynamic city of Valencia. Benidorm boasts a lively seaside environment, a rich cultural legacy, and a superior standard of living. In recent years, the local authorities in Benidorm have increased their investments in urban development, offering a wide range of property varieties to both domestic and international property seekers. These include stylish and practical townhouses, apartments, contemporary villas, traditional country houses, and luxury penthouses. It is relatively straightforward to find real estate and apartments for sale in Benidorm, Spain, that cater to all budget ranges and lifestyle choices, making the vibrant city a popular choice among foreign buyers.

Average price of a property for sale in Benidorm

What should you anticipate to pay for properties in Benidorm? A definitive answer isn't clear-cut due to a variety of factors playing into the price, such as the type of property, closeness to the city center and coastal areas, facilities available, and personal preferences (such as desires for luxury features, size, ease of access, and more). Recent data indicate that the top asking price for properties on sale in Benidorm was €2,802 per square meter. The city's most sought-after and hence most costly properties are typically found in the Rincon de Loix area. Conversely, the lowest prices, averaging around €1,950 per square meter, are generally located in the Poniente area of the city. In terms of housing, the average advertised price for a house currently hovers around €610,350.

Types of properties can you find in Benidorm

In Benidorm, Valencia, Spain, the real estate market is diverse and caters to a variety of tastes and preferences. Properties range from stylish apartments, luxurious penthouses with panoramic sea views, premium beachfront bungalows, to charming traditional Spanish casitas. The finest properties for sale are typically found in secured residential estates. 3-4 bedroom apartments with expansive balconies are a common sight, along with duplex homes featuring separate entrances for each floor, large terraces, and individual kitchens. In addition, a newly-built villa located in an exclusive area in Benidorm can also be an attractive option. These villas overlook the Mediterranean Sea, are within walking distance to the beach, and offer a serene and ideal residential experience.