Property prices in Denia are very affordable (€ 1,700 per square meter). Indeed, Denia is cheaper than Benidorm, Jávea, and Calpe. However it's more expensive than Santa Pola, La Vila, Torrevieja and Alicante.
The coastal town of Dénia is overflowing with a rich and fascinating history. A beautiful 11th Century castle with history from the Iberian, Roman, Islamic and Christian civilisations overlooks the town, while many other historic monuments and buildings can be found among the cobbled streets of the charming old quarter.
Situated just over 100 kilometres from Alicante airport and 95 kilometres from Valencia city, Dénia boasts spectacular promenades, beaches and coves as well as the stunning Montgó Natural Park with its numerous hiking and biking trails. In May 2019 it opened its new gastronomic and cultural market, Els Magazinos, with the aim of creating a meeting place for all who want to enjoy the best products of the region, embodying Mediterranean culinary values, crafts, art and culture.
Add to this an enviable year-round mild climate, it therefore comes as no surprise that this charming town is the perfect destination for families looking to relocate or those seeking a second home.
The Blue Flag beaches of Les Marines and Les Deveses to the north offer fine sand and shallow waters, whilst to the south the more rocky coastline is a paradise for divers and fishermen.
Dénia’s bountiful seafood resources have enabled it to develop an exceptional culinary reputation, and this part of the coast is believed to be the home of paella. This pretty Costa Blanca fishing and yachting port is also famed for its giant red prawns – a vermilion Dénia prawn is the town’s logo.
The town was also designated a UNESCO City of Gastronomy in 2015.
Dénia boasts the most fiestas of any town in Spain. A myriad of cultural and religious spectacles are based around everything from processions of giants and street parties to firework displays. The Bonfire Festival is celebrated by lighting giant papier-mâché statues (known as fallas) and in July the ‘Bous a la Mar’ (Bulls at the Sea) festival culminates with the bulls being run into the Mediterranean by those brave enough to fight them in the ring.
As of 1st January 2018, Dénia had a population of just under 42,000, 27% of which were foreign residents.
Property prices in Denia are very affordable. Indeed, Costa Blanca property continues to offer good value for money. As buyers look to be more frugal with their property purchases, places like Dénia with its beautiful beaches and low prices are bound to benefit.
Many foreign residents have benefitted from well priced apartments and villas, around half the price of other desirable locations including other popular second home destinations such as Ibiza and Marbella. Latest figures from the Spanish Department of Development (Fomento) show that in the second quarter of 2019 the average property price in Dénia was €1,703 per square metre compared to €1,344 midway through 2014, an increase of nearly 27%, and an increase of 14% year-on-year.
However, real estate prices today are still over 40% below those of the last quarter of 2007, suggesting that Dénia offers excellent investment potential.
If you are interested to buy or sell a property located in Costa Blanca, you may hesitate between Benidorm, Torrevieja, Alicante, Teulada-Moraira, Javea, Altea, Denia, Calpe, Moraira, Santa Pola, among other destinations.
So, are house prices more expensive in Benidorm, Alicante or Denia? According to ElMundo, Benidorm is the most expensive place to buy a home. Denia comes fourth, after Javea and Calpe.
Latest figures from Fomento show that in the second quarter of 2019 there were 380 sales transactions in Denia, just over double the number of sales in the first quarter of 2013.
Many of the apartments and penthouses are located just steps from vibrant, world-class restaurants but for those who prefer a more rural base, Dénia also offers hillside and golf villas as well as wineries that offer tranquillity and spectacular sea views from their gardens, terraces and swimming pools.
The sheer variety and quality of properties in this unique location, along with the unbeatable Mediterranean lifestyle, rich cultural heritage, beautiful coastal location, superb facilities and perfect year-long mild climate combine to make Dénia an almost perfect place to live.
Willing to buy or sell a home in Denia or in the Costa Blanca region? Contact our property advisors.
Please enter your contact details and we will contact you shortly.