Sorello Guides

Rent levels in Benidorm, from declared leases

It is 22,5 % above the reference of five years earlier. The reference for Benidorm is 8,45 €/m², above the national middle, so a sitting tenant has more to lose from moving than the headline suggests. With 6.187 declared leases behind it, the quartiles are stable from year to year.

Rents declared on income-tax returns for main-residence leases, not asking prices. They lag the market and exclude holiday lets.

Where this one stands

Compared with the rest of Alicante in this guide, it sits third highest on number of declared leases.

Over the whole guide, the share of dwellings that are not a main residence recorded here falls within the second-dearest twentieth.

Among the Alicante towns and cities covered here, it records the highest share of main homes that are rented.

Taking every municipality covered here together, the median floor area of a let flat is in the second-cheapest twentieth.

In context

Of the Alicante municipalities covered here, this one comes fifth highest on population.

Put beside the rest of the country, its upper-quartile rent per square metre belongs to the top quarter.

Take Alicante alone: among the municipalities here, its reference rent per square metre is the second highest.

Over the whole guide, the lower-quartile rent per square metre recorded here falls within the band just below the top quarter.

Measured against its neighbours

Judged only against Alicante, the median declared monthly rent here is the ninth highest in the guide.

Country-wide, that five-year change in the reference rent is one of the exact middle of the range.

Renting is the norm here

At 26,3 % of main homes rented, Benidorm has a rental sector deep enough to have its own sub-markets.

51,14 % of Benidorm dwellings are not a main residence, which is why long-term supply is thin in summer.

What a given flat should cost

The median monthly rent declared in Benidorm is 550,00 €.

A median floor area of 67 m² makes Benidorm a market of compact flats.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²365 €465 €585 €
75 m²497 €634 €797 €
100 m²663 €845 €1.063 €

The floor areas are round illustrative sizes used to show the arithmetic, not measurements of any particular flat.

The reference figures

6,63 €/m² to 10,63 €/m² covers the middle half of declared leases in Benidorm — ordinary dispersion.

With 6.187 declared leases behind it, the quartiles are stable from year to year.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile6,63 €/m²
Median8,45 €/m²
Upper quartile10,63 €/m²
Median monthly rent550,00 €
Median floor area67 m²

Related guides

Sources and licences