Now could be a great time to buy a home in Spain’s Costa Blanca. Whether it is for holidays with good rental returns for the rest of the year, or you move there permanently, Spanish property prices make real estate buying affordable.
Costa Blanca is close to international airports making it only 2 ½ hours from many European destinations. It has never been easier to get to Spain with great airline ticket specials all year round from all over the European Union.
Fabulous lifestyle choices and food, stunning coastlines and scenery, and friendly people make Costa Blanca a premier destination for the financially savvy to invest in incredible properties. Affordable, attractive financially, buying Spanish real estate makes sense and here are some reasons why.
From coastal and clifftop villas to seaside apartments and historic Spanish properties, Costa Blanca offers a home to suit anyone’s taste and style, and lifestyle requirements. Modern two-bedroom villas with a communal swimming pool start at €90,000 and stunning homes are upwards of €300,000. There is no doubt your Spanish real estate agent can find you that perfect home in the Mediterranean.
Buy while it is a buyer’s market
Costa Blanca’s real estate market is booming with plenty of well-priced properties on the market. More become available all the time to meet the growing demand from foreign buyers moving to Spain to work, play and retire. This is an ideal time for Spanish sellers as it allows them to sell their current homes to upgrade to something different in a buyer’s market.
Purchase an investment property
While property prices are low and competitive, this is an ideal time to purchase an investment property at a great price. Apartments in blocks with the best amenities including a communal pool can start as low as €50,000. Costa Blanca is a tourist paradise with a growing high demand for great short-term rentals, which will yield a good return on your investment.
Low cost of living
Spain is well known for its low cost of living and amazing choices of super fresh food. Council charges are as low as €140 a year for a medium size detached villa, this is a low amount compared with council charges in other countries. Buying food is a bonus in Spain, with cheap fresh produce readily available at costs lower than other parts of Europe. And if you are a coffee connoisseur, it will cost €1.00 for a cup of delicious freshly ground coffee.
Affordable fine dining
Costa Blanca is full of restaurants and cafes offering culinary delights, so many eat out every day. Prices average €8.00 including a glass of beer, wine or a soft drink for lunch and dinner costs not much more. The variety of international cuisines offered in the area make Spain a gastronomic delight.