Spain's Costa Blanca - much more than just Benidorm and
Alicante
Is the Costa Blanca the right place for your dream
home? The variety of properties and locations may surprise you.
Buying Costa Blanca Real Estate by :
Ciara McNamara
The Costa Blanca area, which means "the white coast", is one of the
most desirable locations for a holiday travel to Spain. This area has a
large, beautiful coastline and a natural environment. It is culturally
rich and has a healthy climate. The area is dry in the summer and not
too cold in the winter.
Areas for Costa Blanca Property
The highest demand for properties is in the northern, mountainous
resorts of Denia, Javea and Altea. In the south, Alicante and Torrevieja
are sought after. The coastal properties are generally more in demand
than those inland.
Nearby amenities and attractions impact the value of any real estate.
Benidorm has many attractions, such as a theme park, water park and
marine animal park. This makes the city a popular choice for families.
Torrevieja, south of Alicante has the biggest salt water lagoon in
Europe located just south of the city. This lagoon is actually a portion
of the Mediterranean Sea that has been separated by a small piece of
land. This area is popular for salt baths and spa vacations. The warm,
salt waters have health and relaxation benefits.
Nature attractions are big in this area of Spain. The natural beauty of
the Mediterranean and surrounding areas makes this a perfect spot to
enjoy nature. The Nature Park at Montgo in Javea north of the Costa
Blanca is a popular nature attraction. This park is located on the sea.
It has flora, fauna, rare birds and plants.
Finding Real Estate along the Costa Blanca
You may be wondering how to find properties around the Costa Blanca? You
can do a search on the internet to find available listings. Another
option is to contact a local real estate agent. It’s a good idea to deal
with a local agent. They know the area very well and will be able to
advise you about certain areas and neighbourhoods. They have inside
information you won’t get with the internet alone.
Real estate prices in Spain have risen to record levels in recent years.
This is especially true in the Costa Blanca region. There is some
evidence that the market is levelling out and possibly dropping a bit at
this time.
There are several reasons for the increase in activity for real estate
in this area. Low interest rates make taking that mortgage a little
easier to handle. Rising incomes and foreign interest in the area also
affect the prices. The investment potential is good, since this area is
so popular for vacations. The location of the region is convenient to
most countries in Northern Europe.
In general, inland properties are cheaper than those near the beach. In
addition to the cost, you will get more land with the property. Fruit
trees and even orchards on larger pieces are common inland. You can
still be within a 30 minute drive of the coast, so you will be able to
enjoy the beaches. However, you will need a car hire for vacations
inland.
Renting Your Property
If you only plan to use the property for part of the year, consider
renting it. Renting your real estate for part of the year is a good way
to get income while the house is not in use. The money you make in rent
can help the place pay for itself.
The price you will get depends on the size of the property. The location
and amenities will also affect the rent you can charge. Amenities such
as a pool and Jacuzzi will bring in more income than without these.
Proximity to attractions, restaurants and shopping make a property more
desirable for renting as well.
The time of the year will also affect the price. The highest prices are
charged in the summer. This is the peak season for travel to this area.
If you will be using the place in the summer, consider renting for
longer periods in the off season. Sometimes retired people spend time in
this area in the winter, due to the favourable climate. You may be able
to rent to one person for up to six months in the off seasons.
About The Author
The writer Ciara McNamara works for
www.alicante-spain.com. Ciara focuses
on property and real estate news for the
costa blanca region in Spain.
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