BENALMADENA - Ajay Ahuja

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 -

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Area:

BENALMADENA

Investor Profile:

Retirement, Worker, Holiday, Business

Category:

Population:

Total

British

36,000

2,000

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.

Proximity to:

Airport

Beach

Nearest City

8 miles (Malaga)

0.25 miles

11 miles (Malaga)

Educational facilities:

No. of Universities

No. of International Schools

No. of Private Schools

Health services:

No. of Public Hospitals

No. of Private Hospitals

No. of Private Clinics

Shopping:

No. of Shopping Centres

No. of Markets

Restaurants and bars:

Most choice of international cuisine in Puerto Marina area. Bars in Puerto Marina and around 24-hour plaza. Several fast food outlets around Benalmadena Costa.

Sports and leisure facilities:

Private tennis and sports clubs. Golf courses. Public sports centre in Benalmadena village. Tivoli World theme park (near Arroyo de la Miel) offering rides, and concerts/cabaret shows at weekends. Cable car over mountains and above coast. Sealife marine centre and Selwo marine park. Casino at hotel Torrequebrada (Benalmadena Costa). Nightclubs at The Plaza/’24 hour square’ and Puerto Marina.

Transport:

Public Transport

Roads

Train from Malaga or Fuengirola to Arroyo de la Miel. Bus services to Arroyo and Puerto Marina.

N340/A7 from Costa del Sol. A-4 motorway from Madrid-Bailen-Jaen-Granada-Malaga-Benalmadena.

Crime rate:

Low.

Main types of employment

Mainly tourist sector.

Future plans:

New residential area north of Benalmadena, with townhouses and some apartments and villas.

Yield range

9.5% - 11.1%

Type of property

Entry Price

Rent-

School Holiday Peak

Rent-

Peak

Rent-

Off Peak

Average Annual Yield

2 bed apartment

133,500

652

522

313

11.1%

3 bed apartment

166875

782

626

376

10.7%

3 bed townhouse

250313

1043

835

501

9.5%

Villa

293700

1369

1095

657

10.6%

Demand for letting

School Holiday Peak

Peak

Off peak

High

Medium

Low

Finance and leisure scores:

Total (out of 10)

Financial (out of 5)

Leisure (out of 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

£201-320

£149-237

£112-178

Operators:

Monarch, Swiss International, BA, Air France, Excel Airways, Futura, Thomas Cook, Astraeus, Air 2000, My Travel, Easyjet

Description:

Benalmadena is one of the newer resorts on the coast, but has already become the 2^nd most popular tourist destination in the area (after Torremolinos). It consists of a tradional Andalucian village on a mountain, a 9 km coastal area (known as Benalmadena Costa), and the area between the two (called Arroyo de la Miel).

Benalmadena village is the quietest area. Arroyo de la Miel is busier and more commercialised, having the town’s railway station, as well as many shops, businesses and accommodation. Benalmadena Costa is made up of big hotels and apartment blocks, and has a marina (called Puerto Marina). The marina has a hypermarket/small shopping centre and several restaurants, bars and nightclubs.

The area has just got its first Casino which is very upmarket and attracts clientele accordingly. There are still parts of it being built and when completed this resort will become one of Spain’s finest. The climate here in the summer gets beyond hot! If you like a resort where you can get an instant tan then you won’t be disappointed with Benalmadena.

Yields are above average and the potential for growth is above average so this makes it a true hotspot. Try to go no more than 0.25 miles inland to ensure your purchase rents out consistently. If you can avoid holidaying during school peak as rental rates jump up here more than usual.

Hot Website:

http://www.benalmadena.com/

Estate Agents:

Name

Address

Tel

Web

COSTA DEL SOL Online Properties SL

Avenida de la Constitucion 37,
Edificio Gavilan #9 - Arroyo de la Miel
29631 Benalmádena SPAIN

Tel: 0034 952 563 021 Fax: 0034 952 575 464

http://www.findahomeinspain.com

Email: info@findahomeinspain.com