About Benidorm – a town and municipality in the province of Alicante, Valencia, on the Mediterranean coast of Spain. Now days is a modern touristic resort. It’s well recognized by a big amount of skyscrapers. This town is also called “European Las Vegas”.
His turbulent history starts long time ago. First tracks of settlements in the Benidorm area possibly as far back as 3000 BC, including evidence of Roman and Punic remains.
Settlements in the area were small and it was not until the arrival of the Moors that the local population began to grow during the era of the Umayad dynasty.
The Christian King James I of Aragon reconquered the region in 1245 and Benidorm first officially became known in 1325, when Admiral Bernat de Sarrià of Polop awarded it a town charter as a way of removing the Moors and allowing Christians to inhabit the area. Strategically, the town was also used by Bernat de Sarrià to stop the rising power of Admiral Roger of Lauria, lord of Altea, in the south of the Kingdom of Valencia.
The 17th century saw conditions improve for Benidorm and its people, most notably with the construction of an advanced irrigation system in 1666 to channel water to the region. By the 18th century Benidorm fishermen had become famous and sought after all over Spain and beyond. Tuna was their main catch and they perfected the ancient almadraba technique dating from Islamic times. The success of the fishing industry, together with improved local agriculture, helped to fuel a strong local economy. Coastal traffic increased too, bringing more wealth to the region with the town becoming a base for sea captains and the building of their vessels.
In 1952 fishing industry went into decline; this was a factor in encouraging the town council to approve many new development plans aimed at the tourist market.
This beutiful town has been a tourist destination within Spain since 1925, when its port was extended and the first hotels were built, though it would not be until the 1950s that it became renowned as a summer destination for people coming from inland Spain, especially Madrid. Today it is known for its hotel industry, beaches, and skyscrapers and receives as many tourists from abroad as from Spain. By statistic now days, there is accommodation for more than 500000 tourists. Accommodation renting is fast growing business. Thanks to mild Mediterranean climate, this town is perfect place for investment in touristic and real estate business.
This town has three major beaches: Playa de Levante, Playa de Poniente and Playa de Mal Pas.
All of them have had a blue flag since 1987, the maximum quality standard recognized by the European Union. Information source!
Benidorm is one of fastest developing towns now days. By our prediction, thanks to capital projects and all mentioned aspects above, value of property for sale in Benidorm will just grow up.
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