What you need to know about the advantages of buying for investment in Spain
Is now a good time to purchase an investment property on the Spanish Costa´s? The latest data on real estate investment in the country is encouraging and shows a sector of positivity.
According to the experts, the profitability of buying a house to achieve a rental is between 6% and 7%. What is more, you can find currently great offers of apartments near the beach with competitive prices. In this sense, Costa Blanca (Alicante) and Costa Calida (Murcia) have always been at the TOP of the list of destinations most visited by foreign families. Retired people also see the Mediterranean coast as the perfect refuge to enjoy the sunny weather, the exquisite gastronomy and the crystal waters and beaches, among just many benefits.
These are some of the reasons why many European people decide to purchase a property in the area, close to the beach and sea. Attracted by a high level of tourism, some experts estimate that 10% of the future retirees will buy a property on the coast, where they could have the opportunity to relax and spend time walking by the sea, sunbathing or even sitting on a bar terrace with a cold drink.
High profitability and market dynamism, two factors of property investment in Spain
The Mediterranean coast attracts a large number of tourists from different countries, particularly in the summer season when the sun shines brighter than ever. Foreign visitors take advantage of it by taking their place on the beach to have a relaxing day with the sound of the sea waves. Fortunately, this remarkable tourist activity will keep going, allowing owners to obtain an ongoing rental yield for their properties.
Last summer, the province of Alicante was among the five most acclaimed destinations for buying a home in Spain, according to the National Institute of Statistics (NIS). It is a fact that the favourable climate offers many possibilities to live and enjoy unique experiences through a diversity of outdoor activities, especially golf. Enthusiasts of this exciting sport will find an array of magnificent golf courses on the Costa Blanca where they can improve their skills under the radiant sun.
If you are thinking of buying for investment in Spain or to maybe looking to sell your property, you should bear in mind that Costa Blanca South and Costa Calida rely on a high rental yield and an important level of foreign participation. Both together will allow the viability of the investment to be successful.
Benefit from the bargain properties of Complete Spanish Property to buy to rent in Spain
Looking for a profitable property investment in Spain? At Complete Spanish Property we provide resale and new build properties for sale in the most attractive tourist locations: Ciudad Quesada, Torrevieja, Los Alcazares, Guardamar del Segura, Villamartin, Punta Prima, Gran Alacant, etc.
If you have just found your golden opportunity to invest among our apartments, townhouses, villas or even country houses, do not hesitate to contact us through the details provided below:
- Call us on 0034 628 18 77 04
- Send us an email to info@completespanishproperty.com
