Benijófar Property Guide 2025: Live and Invest

Benijófar boasts a strategic location. It's just a 10-minute drive from the fine sandy beaches of Guardamar del Segura and immediately adjacent to the AP-7 motorway. For travelers, Alicante-Elche International Airport is accessible in 30-35 minutes. This excellent connectivity is a key factor in property value appreciation for any real estate asset.

The real estate market in Benijófar is characterized by controlled urban planning, favoring modern, human-scale residences and detached villas. The strong trend for 2025 is towards contemporary new-build villas, either single-storey or with a solarium. These properties, often referred to as Obra Nueva (new construction), offer high energy efficiency and are generally more spacious with private pools, at more attractive prices than on the coast.

The dominant properties are new-build villas and townhouses, designed to combine modernity and comfort. In terms of price, the market is positioned in the mid-to-high range. For a new-build villa, prices generally fall between €300,000 and €550,000, offering excellent value for money considering the amenities and location.

Living in Benijófar means having all amenities within easy reach. The Benimar commercial area offers a variety of restaurants, bars, and shops open all year round. Nature lovers will appreciate the 'Cañada Marsá' park, and golfers will be delighted by the immediate proximity of Golf La Marquesa, less than 5 minutes away. A vibrant expatriate community also facilitates integration.

Our expert opinion is highly favorable. Benijófar currently represents one of the safest investments in the region for those who prioritize build quality and tranquility. Less dense than the coast, yet equipped with all modern infrastructures, the town appreciates in value year after year. It is the preferred choice for our clients seeking Spanish authenticity with modern comfort. We recommend Benijófar for its consistent appreciation and quality of life.

For international buyers, the first steps are clear:

1. Obtaining your NIE: The Número de Identificación de Extranjero (Foreigner's Identification Number) is essential for any economic transaction in Spain.
2. Opening a Spanish bank account: Facilitates purchase-related payments and future expenses.
3. Property Search and Selection: Define your criteria and view properties.
4. Signing a Reservation Contract: Secures the property with a deposit.
5. Legal Due Diligence: Verification by a solicitor/lawyer of all legal aspects of the property (permits, debts, urban planning).

It is crucial to be accompanied by professionals to secure the entire process.

When purchasing a new-build property (Obra Nueva) in Spain, several costs are added to the sale price:

• VAT (IVA): This is 10% of the sale price for new homes.
• Stamp Duty (Impuesto sobre Actos Jurídicos Documentados - AJD): Varies by autonomous community; it is approximately 1.5% to 2% in the Valencian Community.
• Notary Fees: Charges for signing the escritura (title deed), generally between 0.5% and 1%.
• Land Registry Fees: For registering the property with the Land Registry, approximately 0.2% to 0.5%.
• Legal Fees: Recommended for comprehensive legal support, usually around 1% of the purchase price.

It is therefore essential to budget an additional approximately 12% to 15% of the purchase price to cover all these costs.

Non-resident foreign property owners are subject to several annual taxes:

• Council Tax (IBI - Impuesto sobre Bienes Inmuebles): A local property tax, calculated based on the cadastral value of the property, payable annually to the town hall.
• Non-Resident Income Tax (IRPF): Even in the absence of rental income, a deemed income is applied (generally 1.1% to 2% of the cadastral value, on which a flat rate is then applied).
• Refuse Collection Tax (Tasa de Basura) and other minor local taxes.

These taxes ensure that the property contributes to local and national services.

Yes, Benijófar offers excellent appreciation potential. Thanks to its controlled urban planning, preserved environment, and growing appeal to an international clientele, demand for quality properties remains strong. Accessibility to infrastructure (airport, motorway) and proximity to services and leisure facilities (golf, beaches) also contribute to a steady increase in property value. New-build villas, in particular, benefit from high demand.

While not legally mandatory, we strongly recommend engaging a Spanish solicitor specializing in real estate law. They will verify the legality of the property, check for any existing debts or encumbrances, ensure all building permits are in order, and make sure the purchase contract fully protects your interests. This legal guidance is essential to secure your investment and avoid any future complications, especially when dealing with a foreign legal system.

Yes, it is entirely possible to rent out your property in Benijófar, particularly for tourist rentals. However, it is mandatory to obtain a tourist rental license (licencia turística) from the Generalitat Valenciana (the regional government). This license ensures that your property complies with the required quality and safety standards. Rental income generated by non-residents is also subject to Non-Resident Income Tax (IRPF).

Foreign buyers can finance their property purchase in Benijófar in several ways. Many opt for self-financing (cash purchase). It is also possible to obtain a mortgage from a Spanish bank. Banks typically offer loans of up to 70% of the purchase value for non-residents. We can connect you with banking partners experienced in working with international clients.

Benijófar offers a more residential and upscale setting, focused on quality of life and modern constructions, distinguishing itself from more touristy and dense areas.

As senior experts in Spanish real estate and legal advisors, Voguimmo offers comprehensive and personalized support. We assist you at every stage, from selecting properties that match your criteria to coordinating with solicitors/lawyers and notaries. Our services include:

• Advice on the local market and trends.
• Searching for and visiting selected properties.
• Legal and tax assistance (in collaboration with specialized partners).
• Administrative support (NIE, bank account, etc.).
• Post-purchase follow-up and rental management (if desired).

Our goal is to make your investment in Benijófar as smooth and secure as possible.