5337 Apartments for sale in Benidorm, Alicante

In the city of Benidorm, the price of a cheap apartment starts at 15 000 € because these properties do not enjoy views or amenities, are many years old, do not have an elevator, or are not in a better district. While the average price is 351 904 € per apartment, new and luxury homes can cost up to 4 950 000 €; these properties are expensive due to better views, quality, more m², or their neighborhood and location.

Apartment Market in Benidorm

Benidorm, located on the iconic Costa Blanca, remains one of the most sought-after destinations for purchasing apartments for sale in the province of Alicante. Its sunny climate, dazzling beaches, and vibrant nightlife attract both local and international buyers interested in investment and acquiring second homes. The city offers a wide range of real estate options, standing out within the competitive market of the province of Alicante.

Sale Price of Apartments in Benidorm

In July 2024, the average price of apartments in Benidorm reached 2,771 €/m², with an increase of 16.7% compared to the previous year. This increase reflects the growing demand for properties in this coastal city. The most expensive areas include Playa de Poniente, with a price of 3,997 €/m², and Playa de Levante, at 3,868 €/m². These areas are particularly popular for their sea views and proximity to the beaches.

In other parts of Benidorm, such as the Urban Center, prices are more affordable, averaging 2,025 €/m², making it an attractive option for those who wish to be close to the city’s amenities without the cost of more exclusive areas. In Pueblo Levante and Pueblo Poniente, prices are 2,325 €/m² and 2,431 €/m², respectively, offering a good balance between cost and quality of life.

Types of Apartments in Benidorm

The apartment market in Benidorm offers a variety of options for different needs and budgets:

• Studios or 1-bedroom apartments: The average price is 155,000 €, with a cost per square meter of 3,326 €/m². They are ideal for singles or young couples.
• 2-bedroom apartments: These apartments have an average price of 249,000 € and a cost of 3,569 €/m², suitable for small families or couples wanting more space.
• 3-bedroom apartments: With an average cost of 290,000 € and a price of 3,234 €/m², they are perfect for larger families.
• 4-bedroom apartments: They have a price of 385,000 € and a cost per square meter of 3,106 €/m². Although the total price is higher, the cost per square meter is usually lower due to their larger size.

Features of Apartments in Benidorm

The average value of a property below 100 m² is 238,581 €, while properties over 100 m² have an average value of 471,297 €. Prices vary significantly depending on the additional features the property offers:

• With terrace: The average price is 3,360 €/m².
• Apartments with elevator: The average price is 3,272 €/m².
• Furnished: The average price is 3,062 €/m².
• With parking: The average price is 3,440 €/m².

Rental of Apartments in Benidorm

The market for apartment rentals in Benidorm is dynamic and appealing to both residents and tourists. The average monthly rent is 1,050 €, with most properties rented in a range of 600 € to 2,290 € per month. This makes it an attractive place for investment in rental properties.

• Studios: The average monthly rent is 800 €.
• 2-bedroom apartments: The average monthly rent is 1,200 €.
• 3-bedroom apartments: The average monthly rent is 1,400 €.
• 4-bedroom apartments: Despite having more space, the average rent is 1,100 €, reflecting their lower demand compared to smaller units.

Investment in Apartments in Benidorm

With more than 3,400 properties currently for sale, Benidorm is a key destination for real estate investment. Its appealing Mediterranean climate and status as a tourist center ensure a steady flow of tourists and those interested in vacation rentals. Many investors seek apartments in Benidorm not only as a profitable investment but also as a place to enjoy long vacations.

With its mix of vibrant urban life and wonderful beaches, Benidorm offers a unique opportunity for buyers seeking solid returns on investment and an attractive Mediterranean lifestyle.