The Costa Blanca continues to stand out as one of Europe's most attractive real estate destinations, thanks to its Mediterranean climate, stunning scenery and an infrastructure that combines tradition and modernity. If you are considering investing in a house or villa in this region, here are some up-to-date facts, market trends and key tips to help you make an informed decision.
Costa Blanca is one of the most sought after areas in Spain, attracting both international and national buyers. The main reasons are:
Privileged climate: with over 300 days of sunshine a year and moderate temperatures, it is ideal for year-round enjoyment.
Modern infrastructure and services: from hospitals to international schools and excellent connectivity to airports in Alicante and Valencia.
Relaxed and active lifestyle: it offers a perfect mix of beaches, mountains and cultural and sporting activities.
The real estate market on the Costa Blanca has shown a sustained growth trend in recent years, driven by international demand and a growing interest in second homes. Here are some key facts:
Average price: the average price of a villa on the Costa Blanca is between €300,000 and €1,000,000, depending on location and features.
Prices in popular areas: in exclusive areas such as Altea or Jávea, the price can exceed €1,500,000 for luxury villas. In more accessible areas such as Torrevieja, options can be found from €150,000.
Annual growth: In the last 12 months, the average price has increased by 6%, driven by a shortage of properties in certain areas and strong demand from European buyers.
Altea: known for its charm and exclusivity, ideal for those looking for luxury villas with sea views.
Jávea: a quiet and picturesque area that attracts families and retirees. Popular with Northern European buyers.
Benidorm: for those looking for urban living with access to all amenities, including entertainment and nightlife.
Moraira: a more reserved and luxurious option, famous for its coves and crystal clear beaches.
Torrevieja: ideal for medium budget buyers, it is a vibrant area with a large international community.
There are different types of homes available on the Costa Blanca, each with their own advantages and features. Some common options include:
Luxury villas: spacious properties with private pools, gardens and sea views, usually located in exclusive areas.
Townhouses and bungalows: a more affordable option, especially popular in areas such as Torrevieja and Orihuela Costa.
Fincas and rural properties: ideal for those looking for peace and quiet and extra space, with large plots of land and in areas further away from the coast.
Budget and additional costs: in addition to the purchase price, take into account taxes, maintenance costs and community fees.
Purpose of purchase: whether it is a second home, rental investment or permanent residence will influence the choice of area and type of property.
Access and connectivity: proximity to services, schools, hospitals and airports can influence the value of the property.
Legal aspects: it is important to seek advice from a lawyer who is familiar with the Spanish property market to ensure that all legal requirements are met.
The Costa Blanca has proven to be a safe property investment, with attractive returns especially in the short term rental market:
Rental profitability: annual rental profitability can vary between 5% and 8%, especially in high demand tourist areas.
Increase in value: in premium areas such as Altea and Moraira, the capital gain can be more than 10% per annumdue to demand and limited available land.
Short-term rental market: the Costa Blanca is a year-round tourist destination, which allows a steady income for those who wish to rent their property in the high season.
Rising demand and prices: the market remains strong, driven by international buyers, which anticipates property values.
Diversity of options: from luxury villas to more affordable homes, Costa Blanca offers options for different budgets and needs.
Investment opportunities: the profitability of holiday rentals is attractive, especially in tourist areas. In addition, annual property values are stable and rising.
Professional advice: having legal advice and a trusted real estate agent can optimise the buying process and ensure a secure investment.
Costa Blanca is one of Spain's real estate gems, offering quality of life, value for money and a unique experience in every corner.
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