Benidorm, often called the “Manhattan of Spain,” is one of the most popular coastal cities in Europe for holidaymakers, retirees, and investors. Its skyline of high-rise apartments, long sandy beaches, and vibrant lifestyle make it an attractive choice for anyone seeking apartments for sale in Benidorm.
But buying property abroad comes with challenges: where should you buy, what are the legal steps, and how much should you expect to pay? At London Stays, we’ve supported many clients in navigating the overseas property market. This guide outlines everything you need to know about purchasing your dream apartment in Benidorm.
Why Buy an Apartment in Benidorm?
- Climate – Over 300 days of sunshine per year.
- Lifestyle – Beaches, nightlife, restaurants, and a strong expat community.
- Accessibility – Excellent transport links, including Alicante airport just 40 minutes away.
- Investment potential – High demand for holiday lets and rentals.
Whether you’re looking for a second home, a retirement base, or an investment, apartments in Benidorm offer long-term value.
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Popular Areas to Buy Apartments in Benidorm
1. Levante Beach
One of the busiest and most popular beaches, surrounded by high-rise apartments with stunning sea views. Perfect for investors looking at holiday rentals.
2. Poniente Beach
Quieter and more residential, Poniente offers modern apartments and a slower pace of life.
3. Old Town
For those who love history and charm, Benidorm’s Old Town provides traditional apartments with character.
4. Rincon de Loix
Attractive for families and retirees, with easy access to both beaches and residential facilities.
Types of Apartments for Sale in Benidorm
- Studio apartments – Affordable and easy to maintain, popular with holidaymakers.
- 1–2 bedroom flats – Ideal for couples or small families.
- Luxury apartments – High-rise properties with pools, gyms, and sea views.
- Penthouse apartments – Premium properties with large terraces overlooking the coastline.
Example: A retired couple from the UK may choose a 2-bedroom apartment in Poniente for peaceful living, while an investor may buy a Levante apartment for consistent rental returns.
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Average Prices of Apartments in Benidorm
- Studio apartment: €80,000–€120,000
- 1-bedroom apartment: €120,000–€180,000
- 2-bedroom apartment: €180,000–€300,000
- Luxury penthouse: €400,000+
Prices vary based on location, amenities, and distance from the beach.
Steps to Buying an Apartment in Benidorm
- Research areas and set a budget – Consider both purchase price and ongoing costs.
- Hire a bilingual solicitor – Essential for navigating Spanish property law.
- Secure an NIE number – Required for foreigners to purchase property in Spain.
- Check legal documents – Ensure the property has no debts or legal disputes.
- Sign a reservation contract – Usually with a small deposit.
- Finalise with a notary – The purchase is legally completed before a Spanish notary.
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Challenges of Buying in Benidorm
- Language barrier – Important to have legal support in English and Spanish.
- Holiday demand – Popular areas may be noisier and less suitable for long-term living.
- Currency exchange – Fluctuating rates can impact your budget if buying from abroad.
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Conclusion
Buying apartments in Benidorm can be both exciting and rewarding, offering a lifestyle of sun, sea, and investment potential. The key is careful planning—choosing the right area, seeking legal advice, and understanding the full costs involved.
At London Stays, we help buyers make informed decisions about overseas property, ensuring that whether you’re seeking a holiday retreat or a long-term investment, you can approach the process with confidence.
FAQs About Apartments for Sale in Benidorm
Are apartments in Benidorm a good investment?
Yes, high tourist demand ensures strong rental potential, especially in Levante.
Which area is best for families in Benidorm?
Poniente is quieter and more residential, making it ideal for families and retirees.
Do I need a solicitor to buy in Spain?
Yes, having a bilingual solicitor is essential to protect your legal and financial interests.
How much is a 2-bedroom apartment in Benidorm?
Typically between €180,000–€300,000, depending on location and amenities.
Can foreigners buy apartments in Benidorm?
Yes, foreigners can purchase property in Spain but must obtain an NIE number.
Is Benidorm only for holidaymakers?
No, while it’s a tourist hotspot, many expats and retirees live there year-round.
What are the ongoing costs after buying an apartment?
Expect community fees, utilities, local taxes, and maintenance costs.