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Spain is currently home to roughly 2.5 million foreign residents, of whom 1 million own their own homes.  It is estimated that by 2025, the number of property owners will more than double.  In comparison to some other locations, owning a property in Spain still remains a very attractive option.

The recent financial crisis has dampened property markets around the world.  As one of Europe's largest property developing countries, Spain has seen it's construction and property re-sale bubble burst, flooding the market with many new unsold properties on the market.  In short, the effect of the market crash has meant that property prices have come down drastically, in some cases as much as 40%. 

While some geographic areas have been hit particularly hard, others, like the Northern Costa Blanca in particular, have maintained higher levels of demand in comparison.

Why invest in Spain's Northern Costa Blanca?

  • The dream lifestyle is a new priority for northern Europeans who have become disillusioned with their cold climates as well as unhealthy, unsafe and hectic lifestyles.
  • The Northern Costa Blanca offers a fantastic, warm all year round climate with over 300 sun kissed days allowing for an abundance of outdoor pursuits along with the attractive Spainsh culture.
  • Costa Blanca boasts some stunning blue flag beaches and breathtaking countryside which caters for all tastes. Rambling, golf, skiing, watersports and beach life are but a few of the ways in which residents and tourists enjoy the outdoors.
  • An excellent infrastructure is already established, with European standards in medical, educational and social security services.
  • Located between the City airports of Alicante and Valencia, it is easily accessible from the UK, with links to countless regional airports. Budget fares abound and within 2½ hours you can be touching down in sunny Spain. Alternatively, if you need to dash back “home”, it will not be a lengthy logistical exercise to get there.
  • From a rental return point of view, the Northern Costa Blanca, especially the towns of Moraira and Javea, are the number one destination for villa rental holidays in Europe, outstripping demand in places like the Algarve (Portugal), Tuscany (Italy) and Cote d'Azur (France).

Economic Factors

  • Lost confidence in the stock market. More and more people are disillusioned with their poorly performing pension and savings plans, PEPs and stock investments which continue to fall in value. The number one priority has now become the search for opportunities that can give a satisfying return on their investment. With falling property prices, there are some incredible bargains on offer at the present time.
  • Spain still offers value for money and excellent returns. Bought in the right location, property remains the favourite form of investment.
  • Property prices in Spain remain a good deal lower than those back home, allowing people to afford a holiday or second home, or indeed relocate to the country and retire early.  Spanish properties are becoming more popular as they provide an excellent investment as well as a holiday home.
  • Off-plan purchases are a popular investment option for those in the know. You can avoid the full cost of paying for the property by paying in installments and selling the property on for a much higher price prior to project completion. Vast profits continue to be made with shrewd off-plan investments.
  • A large and flourishing rental market is offered in Spain and investment in a property with good rental potential can achieve excellent returns. Spain is a top choice for tourists who enjoy a variety of self-catering accommodation, apartments and private villas. Get it right, and you could rent your property out for six months of the year to cover costs and have it for your own use, free of charge, for the rest of the year.
  • Young investors can afford to buy in Spain. There is a new trend emerging amongst the young under 30's to take their first step onto the property ladder abroad. According to a recent survey by Atlas International, Spain is the number one the UK first time buyer's list. 
  • The Costa Blanca remains the prime investment area, being the most popular tourist area.  
  • Buying in Spain is a well-trodden path. There is plenty of expert, readily available advice on the subject and provided you use a good, independent lawyer, your purchase should be trouble-free.