Property for Sale Costa Blanca South
Why is the Costa Blanca so attractive to foreign real estate investors?
The Costa Blanca is one of the regions in Spain with the highest number of sales made by foreign investors. In this post we tell you why.
The purchase of properties in Spain, and more specifically in the Costa Blanca, is not something much less new. For years, this region has attracted thousands of foreign buyers a year, as well as many other people from other countries who have come to spend their holidays or for tourism.
However, the recent economic crisis slowed down this trend a bit. During the last two years this area of Spain seems to have gained appeal to buy housing again. Between January and June 2016, foreign buyers disbursed 2,217 million euros in direct real estate investment, which places Spain as the second market with the largest share of international investment in Europe. But why?
The climate is one of the main reasons why foreigners decide on the Costa Blanca. It's nothing new. Thanks to this Mediterranean climate it is possible to enjoy summers of sun near the sea, not too hot, and winters not too cold.
The Costa Blanca region is one of the regions with the greatest variety of prices. There are areas with very affordable prices and others with higher prices, but in general there is diversity in the market, which is very interesting for buyers, as not all have the same situation starting at the time of purchase.
Diverse real estate market.
If we have said that there is a variety of prices, we must also stop in terms of the diversity of real estate. There is all kinds of housing here. Apartments, villas, townhouses, bungalows, penthouses...
For a few years new building promotions disappeared, but even that is already back.
High return on investment.
Across the region, the profitability of housing has increased due to rising rents prices. Thus, buying property has become an excellent investment. All those who buy to rent have seen how the profitability of the properties has risen, especially during the summer periods, in which there is great demand.
ES Property for Sale in Spain, property for sale in Costa Blanca South.
In ES Property For Sale in Spain our team of estate agents has over 10 years' experience and an in depth knowledge of the Spanish property market. We specialise in property for sale in towns of Costa Blanca and Costa Calida.
In our online catalogue you will find all our properties for sale. We offer you a great selection of new build apartments, villas, townhouses, bungalows, etc. Contact us if any catch your eye.