Tourism is the primary economic driver of Benalmádena, thanks to its status as a major resort destination on the Costa del Sol. The city’s hotels, restaurants, and entertainment venues attract millions of visitors each year, particularly during the summer months. The real estate market is also a significant contributor to the local economy, with a high demand for vacation properties and luxury homes from both domestic and international buyers.
In addition to tourism, Benalmádena benefits from other sectors, such as retail, construction, and hospitality. The marina also contributes to the economy, offering both commercial and recreational opportunities. The fishing industry, although smaller than in past centuries, still plays a role in the local economy, with fresh seafood being a staple of the local cuisine.
Unique local crafts and businesses, such as hand-painted ceramics and artisanal olive oils, are also part of Benalmádena’s commercial landscape, with several markets and shops catering to visitors looking for authentic Andalusian products.