Luxury 3-Bed Penthouse Benidorm €1.65M | Poniente
Nearby Amenities
Approximate distances. Contact us for exact property location.
About This Property
This exceptional 297m² penthouse represents a discerning investment in one of the Mediterranean's most prestigious coastal destinations. Located in the exclusive Poniente neighbourhood of Benidorm, this three-bedroom residence embodies sophisticated contemporary living with commanding specifications that rival properties commanding significantly higher premiums on the Costa del Sol. At €5,556 per square metre, this property delivers premium quality at remarkable value—approximately 30% less than comparable Costa del Sol developments, while maintaining identical standards of craftsmanship and finishing. The penthouse format ensures privacy, natural light, and distinctive living experiences unavailable in traditional apartment configurations. For international buyers seeking European property investment with proven rental returns and appreciating capital value, this Benidorm penthouse offers institutional-grade opportunity within an established luxury resort community that has demonstrated consistent 8% year-on-year price growth. The property represents the confluence of Mediterranean lifestyle aspiration and financial prudence for discerning purchasers unwilling to compromise on quality or location prestige.
About Benidorm
Benidorm occupies a dramatic Mediterranean peninsula in Alicante's Costa Blanca, distinguished by its sophisticated urban planning and cosmopolitan infrastructure. The town's distinctive geography creates natural amphitheater conditions that maximise coastal vistas while minimising weather exposure. With over 320 days of annual sunshine and mild winters averaging 15°C, Benidorm delivers consistent climate advantages that underpin its status as Europe's premier year-round destination. The Poniente neighbourhood anchors Benidorm's western exposure, commanding panoramic maritime views and direct beach access via dedicated promenades. The area's evolution from fishing village to integrated luxury resort has maintained architectural character while introducing contemporary amenities that serve international residents. Strategic positioning between Valencia (2 hours) and Málaga (3.5 hours), combined with Alicante-Elche airport access (45 minutes), establishes Benidorm as Europe's most accessible Mediterranean coastal community for discerning international purchasers.
Life in Benidorm
Residing in Benidorm's Poniente district means inhabiting a genuinely international community where English dominates daily life and cultural institutions celebrate global perspectives. The neighbourhood supports sophisticated dining from Michelin-referenced establishments to authentic Mediterranean tavernas frequented by local professionals. Weekly markets supply organic produce and international specialities, while contemporary shopping centres provide luxury retail without resort tackiness. The expatriate community—constituting approximately 50% of permanent residents—creates year-round social infrastructure including tennis clubs, golf societies, arts programmes, and dining societies. Beach culture transcends tourism; residents access five Blue Flag beaches within walking distance, complemented by secluded coves ideal for private recreation. Healthcare and professional services operate at international standards, with English-speaking practitioners throughout private and public facilities. The lifestyle combines Mediterranean authenticity with Northern European convenience—essentially transplanting Continental quality-of-life standards to sun-assured coastal geography.
Investment Potential
This penthouse represents institutional-quality investment within a market demonstrating consistent appreciation—Costa Blanca properties have appreciated 8% year-on-year, substantially outpacing broader Spanish real estate performance. The rental market supports €750 weekly returns (€39,000 annualised) for comparable three-bedroom penthouses, delivering 2.4% gross yields without leverage. Benidorm's established status as Europe's premier year-round destination ensures consistent tourism demand, distinguishing it from seasonal alternatives. The 30% valuation advantage versus Costa del Sol properties—identical specifications, construction standards, and lifestyle amenities—creates natural arbitrage as market awareness increases. International demand from Northern Europe, Scandinavia, and UK purchasers continues diversifying buyer demographics beyond traditional Spanish clientele. Long-term demographic trends favour coastal Mediterranean properties as climate change increases desirability of stable-climate locations. Currency dynamics provide UK and Euro-zone investors with natural hedging benefits. Institutional investment vehicles increasingly target Spanish coastal real estate, suggesting competitive market conditions ahead.
Estimated Rental Income
Based on 65% occupancy rate
Costa Blanca Price Growth (€/m²)
Rental Yield by Area (%)
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I help international buyers find their perfect home in Costa Blanca. I speak English, Swedish, and Spanish.
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