All, Benidorm: A Premier Destination for Commercial Real Estate

Introduction

Benidorm, a vibrant city located on Spain's Costa Blanca, is gaining recognition as a strategic hub for commercial real estate (CRE). Known for its thriving tourism industry, the city is home to a growing economy bolstered by its hospitality, retail, and real estate sectors. With a population of approximately 70,000 people, Benidorm's unique position in the CRE landscape is attributed to its robust infrastructure, evolving industry clusters, and strategic location along the Mediterranean coast.

Economic and Industry Overview

Benidorm's economy is primarily driven by its tourism sector, which significantly influences the demand for retail and hospitality properties. The city also supports a burgeoning real estate industry, fueled by both local and international investors. Key industries include:

• Tourism and Hospitality: A major contributor to the local economy, driving retail and hospitality CRE demand.
• Retail: The presence of numerous shopping centers and local markets create a steady requirement for retail spaces.
• Real Estate: Increasing interest from international investors in residential and commercial developments.

Benidorm benefits from regional initiatives aimed at economic development, such as those by the Valencian Institute of Business Competitiveness (IVACE).

Strategic Location and Transportation Infrastructure

Benidorm is strategically positioned on the Mediterranean coast, offering significant logistical advantages:

• Highways: The AP-7 motorway provides connectivity to major Spanish cities.
• Airports: Proximity to Alicante-Elche Airport enhances access for international and domestic flights.
• Public Transport: Local bus and tram services facilitate easy urban mobility.

These transportation assets make Benidorm an attractive location for distribution and logistics operations, offering efficient access to labor pools and coastal markets.

Commercial Real Estate Inventory & Zoning

Benidorm's CRE market is characterized by diverse submarkets, including:

• Central Business District (CBD): A hotspot for retail and office spaces.
• Tourist Zones: High demand for hospitality and mixed-use developments.
• Industrial Corridors: Limited but growing interest in light industrial properties.

Recent zoning changes aim to support sustainable development and encourage investment. The city's zoning maps and parcel viewers provide detailed insights into available opportunities.

Major Employers and Institutions

Benidorm hosts several key employers and institutions that drive demand for CRE:

• Hospitality Firms: Numerous hotels and resorts such as Melia Hotels International.
• Retail Chains: Presence of major brands in shopping centers like La Marina.
• Educational Institutions: Support local employment and educational infrastructure.

For more information, visit the Benidorm Economic Development Office.

Notable Commercial Developments & Projects

Benidorm is witnessing several large-scale developments:

• Mixed-Use Projects: Developments like the Intempo building provide residential and commercial spaces.
• Public-Private Partnerships: Initiatives focused on urban regeneration and infrastructure improvements.

To explore these projects, visit the Benidorm Planning Department.

Building Permits, Planning, and Development Tools

Access essential building and development resources:

• City's Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission

Market Data & Economic Reports

Leverage public data sets and economic reports to inform your CRE decisions:

• Census Data
• City's Open Data Portal
• Economic impact reports available through local government channels.

Brevitas utilizes AI-powered aggregation from these public sources and offers detailed analytics through its Brevitas-powered dashboards.

Why Use Brevitas for All, Benidorm CRE?

Brevitas offers a comprehensive suite of tools tailored for CRE professionals in Benidorm:

• AI-Driven Discovery: Find properties with ease using our intelligent search algorithms.
• Real-Time Market Alerts: Stay updated with the latest listings and market trends.
• Smart Property Pages: Gain access to detailed property insights.
• Dealroom Collaboration: Collaborate seamlessly with brokers and developers.

Additional features include:

• Auto-Generated Listing Pages: Enhance property visibility.
• Email and Landing Page Tools: Market your properties effectively.
• Exclusive Listings: Gain premium exposure.

Explore the possibilities with Brevitas as your partner in navigating Benidorm's commercial real estate landscape.