For foreigners, knowing where to buy property in Spain can be a daunting task given the massive range of destinations. However, we can narrow down choices by looking at past and current trends which rank the southern and eastern regions, otherwise, the Costas fronting the Mediterranean highly on the list. The Balearic Islands like Mallorca also prove favourable, with British retirees.
Regardless of whether you want a budget holiday home, rental investment opportunity or a place to live all year, the good news is that the real estate market presents many apartments and villas for sale. From traditional Spanish homes with a Mediterranean feel to new build, luxury houses featuring the latest in architectural trends, take your time when buying to ensure you find the right home for your needs. So, let us look at popular places and the reasons foreigners buy there.
Where to Buy Property in Spain
1: Costa Blanca: Spain’s White Coast
Everything about the 200-kilometre Costa Blanca appeals to house buyers. From gorgeous stretches of sand, new golf courses, traditional villages and competitive property prices, it makes sense, that foreigners looking to tap into a slice of Spain adore it.
Hundreds of towns and villages present an excellent portfolio of homes for sale, but certain places stand out against the rest, for foreigners looking for a year-round destination. Thanks to its thriving tourism industry, it is an ideal place for buy-to-let rental investments.
Javea: Comprising new and old town parts, Javea is a time-honoured favourite, for British home buyers. Its existing expat community coincides with the tourism industry to present a thriving destination with much to offer. Much lure is that everything including supermarkets, restaurants, beaches, and excellent transport links are within walking distance, making this a good place for non-car owners.
Alicante: With a perfect year-round climate and easy to get to geographical location, the Alicante region lures in buyers by offering everything and anything needed for a life in the sun. As well as the central city, coastal destinations offer miles of sandy beaches and promenades emphasising a seaside lifestyle. Golfers flock for the 18 top-class courses, while water sports enthusiasts feel right at home through sailing, diving, and adrenaline-filled activities. Anyone looking for a beachside location should look at properties near Playa Del Postiguet, San Juan, and Albufereta.
Torrevieja: Also sitting within the Alicante province, Torrevieja has grown to become a worthy destination. Much development over the last two decades has taken place because of increased interest from foreign buyers. Ranked as one of the world’s healthiest places to live because of the massive Salt Lake affecting the climate, it offers beautiful beaches, and 320 days of sunshine a year. A popular place to buy a home in Torrevieja includes Punta Prima that is a top tourist destination.
Also read : Where to buy on the Costa Blanca.
2: Costa Del Sol: Southern Living
Named coast of the sun, the Costa Del Sol is one of Spain’s most famous stretches of coastline for tourism and house sales. Running for 100 kilometres alongside the Mediterranean Sea, it holds several of Spain’s top beach resorts worth looking at for an ideal real estate investment.
In summer, beaches become the daily place to hang out, and Costa Del Sol doesn’t disappoint with a range of fine sand and crystal blue water resorts. For non-beach lovers, a wide range of activities keeps everyone occupied from water and theme parks, shopping, trekking, and hiking trails to getting to know the traditional Spanish culture. Popular place within this stretch of coastline include…
Malaga: As the Costa Del Sol’s king, Malaga splits down into the central city and smaller coastal resorts. All do tourism and real estate investment with a high level of professionalism, boasted by its insistence of promoting modern trends while keeping traditional Andalusian charm. The blend works well together, and holidaymakers and property owners need want nothing thanks to the all-encompassing nightlife and shopping scenes and frequent air travel links.
Marbella: Often seen as Spain’s most glamorous destination, Marbella belongs to the Malaga province but stands alone as a place to be reckoned with. Backed by the Sierra Blanca mountain range and fronting the Mediterranean Sea, its most famous neighbourhood is the golden mile leading into upmarket Puerto Banus. Food lovers enjoy Marbella thanks to many Michelin star restaurants; otherwise 16 miles of coastline offers stunning beaches for the perfect sun, sea, and sand trip. Marbella is a great year-round destination for buyers who want to move to Spain.
3: Mallorca Island
For a slice of island living, look no further than Mallorca, a family-friendly destination renowned for 500 kilometres of stunning beaches. The capital Palma, on the south coast is the hotspot because of a vast diversity and accessible local amenities.
Otherwise other destinations for house buyers to look at including Alcudia, Formentor, Llevant, and Raiguer. Alongside the beachside lifestyle, Mallorca promotes active sports through golfing, sailing, windsurfing, fishing, and trekking trails.
Read more: Mallorca towns to start a new life.
For more information
Call us to speak to a consultant for more details on where to buy property in Spain. Also, if you are already there, arrange a time and date for viewing properties suiting your budget. You can also start your property search now by reviewing our portfolio of homes for sale in Spain.
Anyone looking for a home for permanent relocation might like to read about where expats live in Spain. Talking about cities, towns and villages adored by foreigners from all over the world, it can help narrow down your search for a place in the sun.