Are the normally savvy British investors missing out on Benidorm?
There are very few genuine year round Mediterranean resorts, but Benidorm, Albir and now Cala de Finestrat not only offer year round destinations, but the number of “off season” visitors continue to grow. Norwegians have traditionally visited these areas especially Albir, but now there is an increase in the number of visitors from Scandinavia and the Benelux countries. In addition, more British retirees are visiting for
The national and regional governments have designated the area between Benidorm and the village of Finestrat as area of sustainable economic and residential growth. Investment is being made into infrastructure and work on a new 270 million Euro comercial centre has just started. The first nine holes of the new Puig Campana Golf course are now open for business and new stores are opening in the La Marina Bulevard and Commercial Centre.
Alongside the comercial investment there are new resorts
After Christmas, the New Year and finally Three Kings things start to go a little quiet in Benidorm. That is not to say there is no one around, just a different sort of visitor. The hotels are probably over 50% occupied mostly by the over 55’s enjoying some winter sun and a long holiday at a very affordable price. Spain subsidises holidays for many of it’s pensioners and they are here in their numbers enjoying walks along the promenade and all found accommodation in the hotels. This
Benidorm is probably the only genuine year round resort on the Mediterranean and the holiday apartments operate at 80% occupancy year round. For much of the year the majority of the people visiting Benidorm are from the UK and Ireland, but when the summer comes the Spanish flock to Benidorm and the demand for holiday apartments is at an all time high. The Spanish will pay premium prices for an apartment within easy (150 metres) of the beach and with parking. Many Spanish still rent an apartment
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