CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
| Area: | BENIDORM, COSTA BLANCA | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | A | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 56,500 | 3000 | |||||||||||||||||||||
| Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
| 11 | 42 | 21 | 30 | 24 | 17 | 18 | ||||||||||||||||
| Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
| 31.25 miles (Alicante) | 0.25 miles | 24.25 miles (Alicante) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 1 | 0 | 3 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 1 | 1 | 30 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 2 | 1 | |||||||||||||||||||||
| Restaurants and bars: | Predominantly fast food. | |||||||||||||||||||||
| Sports and leisure facilities: | Marina. Tennis clubs. Bowling clubs. Go-karting activities. Athletics track. Open-air concerts and theatre performances in amphitheatre. Terra Mitica theme park. Seaworld marine park. Aqualandia water park open in Summer. Nightclubs. 10 multi-screen cinemas, one showing English films weekly. Free jazz and classical concerts provided by council. | |||||||||||||||||||||
| Transport: | Public Transport | Roads | ||||||||||||||||||||
| Frequent bus services within the town and to surrounding areas. | N-332 from Valencia and Alicante. | |||||||||||||||||||||
| Crime rate: | Medium | |||||||||||||||||||||
| Main types of employment | Mainly tourist sector, particularly in Summer season. High abundance of foreign companies in area. | |||||||||||||||||||||
| Future plans: | More residential and hotel complexes around Terra Mitica theme park. | |||||||||||||||||||||
| Yield range | 6.7% - 7.5% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 218181.8 | 670 | 536 | 322 | 7.0% | |||||||||||||||||
| 3 bed apartment | 261818.2 | 804 | 643 | 386 | 7.0% | |||||||||||||||||
| 3 bed townhouse | 327272.7 | 1072 | 858 | 515 | 7.5% | |||||||||||||||||
| Villa | 480000 | 1407 | 1126 | 675 | 6.7% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| High | High | High | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 9 | 4 | 5 | ||||||||||||||||||||
| Flights scheduled from: | Gatwick, Heathrow, London City, Luton, Stansted, Bristol, Cardiff, Exeter, Newquay, Plymouth, Bournemouth, Southampton, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Belfast International, Derry, Cork, Dublin, Guernsey, Jersey, Norwich, Leeds/Bradford | |||||||||||||||||||||
| Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
| £192-485 | £142-359 | £107-269 | ||||||||||||||||||||
| Operators: | Monarch, Iberia, BA, BMI, Air-Berlin, Thomas Cook, Easyjet, Flybe, Excel Airways, Britannia Airways, Futura, European Air Charter, My Travel, Astraeus, Air2000 | |||||||||||||||||||||
| Description: | One of the oldest resorts in Spain, Benidorm is extremely well-developed and is Spain’s biggest and busiest tourist resort. Mass tourism since the 1960’s has led to many high-rise hotel and apartment blocks being built to form a new town. More recently there have been more green areas built in an attempt to improve its image. Benidorm has 2 main areas: the old town, with its traditional fishing port, and the new town, where the main resort lies. Benidorm has many visitors all year round. The 2 crescent-shaped main beaches stretched over 4 miles are Levante and Poniente. Benidorm is very lively with a huge abundance of nightlife. It is the busiest resort in Costa Blanca and demand for rental properties is consistent. The season is an all year round season so simply owning a property here to make money is possible. If you’re looking for an apartment then go for one as close as you can to the beach. Because you’ll have rental competition from other landlords you have to have one that’s more attractive than the rest and being near the beach achieves this. | |||||||||||||||||||||
| Hot Website: | http://www.benidorm.to/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Paul Condron | Calle Gerona 39, 03503 Benidorm, Alicante | Tel: 0034 9 65 65 42 72 Fax: 0034 6 46 33 98 25 | Not disclosed | |||||||||||||||||||
| Visual Home | Avenida Jaime I, 52 - Local 7 - BENIDORM Alicante | tel: 0034 965858000 fax: | website: http://www.visual-home.com email: visualhomes@tpi.infomail.es | |||||||||||||||||||
| Limon Express | estacion del tren benidorm | tel: 0034 966803103 fax: | email: limonexpres@telefonica.net | |||||||||||||||||||
| Haart | P.O. Box 5995 Colchester Essex CO3 3WR | 0845 600 7778 | http://www.tmxhaart.co.uk/ Email: webmaster@haart.co.uk | |||||||||||||||||||
| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Costa Blanca Rentals | Suite 173, Ctra La Nao 71 03730 Javea | tel: 0034 96 6460681 fax: 0034 96 6460681 | website: http://www.cberentals.com email: info@cberentals.com | |||||||||||||||||||
| EuroCasa Gestion Inmobiliaria | Aptdo correos 2053 Alicante | tel: 0034 655169971 fax: | email: danielcombret@yahoo.es | |||||||||||||||||||
| ` | Sajonia | Av. Alfonso el Sabio, 16, 8-Izq Alicante | tel: 0034-965 230627 fax: 0034-965 230627 | email: sajonia21@yahoo.es | ||||||||||||||||||
| SeviCasa | C/ AZORIN, 4 - Bajo Alicante | tel: 0034 965105735 fax: 0034 9651105601 | website: http://www.interpisos.com/servicasa email: servicasa3@hotmail.com | |||||||||||||||||||