There are a plethora of options available if you want to buy a vacation home in Spain. In the last half-century or more, Spain has become a popular tourist destination for Britons and Europeans alike, including those from Germany, France, Italy, and Sweden, who buy second homes and vacation houses there.
So it’s no surprise that so many people want to retire in Spanish cities, villages and coastal resorts since they’re so special! The British continue to top the field in purchasing a second property in Spain despite Brexit, according to a new research.
Investing in Spanish real estate is, of course, a personal decision based on your lifestyle and financial resources. Buying a vacation house with cash is the best option, but other financing alternatives exist. For many British purchasers, acquiring a mortgage to buy a Spanish property is a viable possibility because of the country’s large expat community in Spain. The equity from your house in the United Kingdom can even be used to buy a second property abroad.
However, where in Spain should you be seeking to purchase? ‘ While certain places are more suited for buy-to-let than others, those with less developed infrastructure may provide a substantial profit when the time comes to sell. A deeper look at three excellent places for investment follows.
Murcia’s Low-Cost Shopping
Consider Murcia if you’re searching for a deal on Spanish real estate. In addition to producing wine and olive oil, the region is also a significant Spanish fruit and flower-growing area, located between the provinces of Valencia and Andalusia.
The new Region de Murcia International Airport, which replaced Marcia-San Javier Airport, was inaugurated in January 2019. Less than half an hour is needed to get to the city centre.
There are the lowest costs per square foot in rural areas in the interior, and Murcia is an expanding location with a lot of development potential. On the Costa Calida, which translates to “warm coast” because of the warm sea temperatures, there is a coastal saltwater lagoon, the Mar Menor, and 250 kilometres of relatively unexplored beaches. It’s possible that’s why this article describes Murcia as “the indisputable magnet for British retirees.”
Aside from the beautiful beaches of San Pedro del Pinatar and Mil Palmeras, the La Manga del Mar Menor, Cartagena or Mazarron, Murcia is renowned for its tapas. As a bonus, there are more than 3000 hours of sunlight per year, making this the ideal place for year-round living without the hordes of visitors.
Alicante is a province in southern Spain.
Alicante, located on Spain’s south-eastern coast and accessible by Corvera Airport, is a great blend of modern and traditional elements, with palm tree boulevards and gorgeous beaches. Because it means “city of lights” in Arabic, it is a popular choice among international homebuyers. British and non-Spanish residents make about 19 percent of the population.
The airport transport from Alicante – Elche Miguel Hernandez Airport to the city centre only takes 30 minutes, making it a convenient year-round trip. In Alicante, the pleasant environment assures moderate winters, making it an ideal all-season destination.
Investing in real estate in this region means taking advantage of the mild climate, mouthwatering food, and rich cultural history. Traditional Spanish restaurants may be found in Alicante’s Old Town, while seafood specialties can be found at the city’s waterfront restaurants.
When it comes to fun things to do, there is something for everyone, no matter their age or stage in life. Jet skiing, surfing, and golfing are just some of the activities that can be enjoyed at this location. The most popular beaches are Playa Del Postiguet, San Juan, and Albufereta, all of which are accessible by local transportation.
Spain’s province of Andalusia
On the list of most popular Spanish vacation locations, Andalusia is not a surprise. Since the 1950s, this southern Spanish region, which includes the Costa del Sol’s beach resorts, has been a popular destination for international homebuyers.
Known for its hot and dry summers, Andalusia is a fantastic beach vacation destination. Beaches on the Costa del Sol are awe-inspiring, with several of them awarded the Blue Flag. Marbella, Manilva, Torremolinos, Fuengirola, and Nerja are the most popular tourist destinations in the area. Whether you’re just passing through or planning to make a long-term move, make sure to sample some of the region’s world-famous fish and seafood dishes.
The larger cities like Malaga and Seville, with their exceptional art and cultural offerings, fantastic shopping, and exciting nightlife, are ideal for individuals seeking metropolitan lives. If you’d rather avoid the throng, though, consider destinations like Cordoba or Jaen. Contact us today to buy or sell property in Murcia Spain fast.
