Should You Buy or Rent Property in Benidorm? Why Rent Before You Buy?
Benidorm is a coastal city known for its sand beaches, mild Mediterranean climate year-round, great social opportunities, and excellent education infrastructure. You can find apartments that offer breathtaking views or if you prefer something more private, there are villas available for rent.
As a bonus, residents get a chance to enjoy many festivals throughout the year. As Benidorm has a large expat community, it is easy for foreigners to make connections in the area. You can find luxurious houses in Benidorm with all the basic amenities, but before you buy, it’s always good to rent to narrow down the best options.
Rent a Property in Benidorm Before You Buy
Renting a house, villa, or apartment in Benidorm is a great idea. Popular areas include Levante, Poniente, Old Town, and Rincon de Loix. A long-term rental is ideal because you can keep moving from one place to another to experience the real difference.
Don’t end up buying a home without having a thorough knowledge of the market scenario. Once you live on rent, you get to know about different parts of Benidorm. It may be that you can’t afford to buy property in Benidorm, therefore, the long-term rental can be a viable option.
Many property owners rent their apartments and villas over the summer season on a short-term. Buying a property is a great matter of commitment and responsibility, so renting first in the long-term can help you decide whether moving to a specific area is good for you.
Investment – Buying House in Benidorm
It is worth considering investing in Spanish property for investment purposes. The rental cost is relatively higher, which may vary depending on the size of the premises, distance from the city location, or additional attractions. You can buy a property and give it on rent in two ways – long-term rental for at least 12 months or short-term.
Century 21 advisors can help you search for properties close to your location, property listing, and connect directly with the seller to find a perfect deal. In any case, after a long-term rental, you certainly have a better idea of where in Spain you would like to live and get properties within your budget.
We help you connect with thousands of homeowners, buyers, and investors to make your property dealings as smooth and easy to understand as possible. Whether you are looking for villas for sale, affordable apartments, or rental properties, we’ve got you covered.
For more information, feel free to consult us!