Alicante Archives - How to buy in Spain https://howtobuyinspain.com/en/tag/alicante/ The Expert Guide to Buying in Spain Wed, 02 Aug 2023 13:14:13 +0000 en-GB hourly 1 https://wordpress.org/?v=6.2.6 https://howtobuyinspain.com/wp-content/uploads/2017/02/cropped-favicon-32x32.png Alicante Archives - How to buy in Spain https://howtobuyinspain.com/en/tag/alicante/ 32 32 Summer Edition: Where will you find the top Beaches in Spain? https://howtobuyinspain.com/en/best-places-to-visit-in-spain/where-will-you-find-the-top-beaches-in-spain/ https://howtobuyinspain.com/en/best-places-to-visit-in-spain/where-will-you-find-the-top-beaches-in-spain/#respond Wed, 02 Aug 2023 12:45:02 +0000 https://howtobuyinspain.com/?p=3708 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   Spain has about 8,000 kilometres of coastline and 3,000 listed beaches, only Italy has a longer coastline in Europe! It’s not a surprise: Spain

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Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

 

Spain has about 8,000 kilometres of coastline and 3,000 listed beaches, only Italy has a longer coastline in Europe! It’s not a surprise: Spain is one of “the” top tourist destination for European with more than 20% of European travellers. For those in search of sun and sand at any time of year,… yes, you found it!

You will find excellent facilities and sandy beaches in all the Spanish Regions. In 2022, 120.000 properties were bought by foreigners! Have a look at our detailed analysis if you want to read more on that: Who are the foreigners buying properties in Spain?

 

How could you quickly find a nice beach in Spain?

 

Of course, you have to ask it to the local residents. But we want to help you if you want to plan before getting there! Don’t hesitate to tell us, should you think we missed one! We helped you with four sources:

1.Our top beaches sorted per Spanish Costas

We have created Infographics for the main Spanish Costas. You will find on those everything you should know on the Spanish Costas: Airports, AVE stations, Cities, Traditional & Flea markets, Outlets, Shopping malls, Unesco sites, kids parks, Natural parks, Golf courses, Universities and of course the top beaches.

2.The Blue Flag rating: 579 beaches in Spain

3.The Q rating: 248 beaches in Spain

4.The Top 10 Spanish beaches according to the Tourist Bureau

 

 

 

1. Our ranking of the best beaches in Spain sorted by Costas

We have created a series of “Must see activities” for each Spanish Costas and incorporated those in our newly released infographics. Click on any link and you will find a pdf downloadable version of each of those infographics.

 

The best beaches in the Spanish Islands

The best beaches in the Balearic Islands

  • Balnearion de San Juan
  • Playa Illetes (Formentera)
  • Cala Comte (Ibiza)
  • Playa de Muro Beach (Playa de Muro)
  • Cala Pregonda (Minorque)
  • Cala d’Hort (Ibiza)
  • Cala Macarelleta (Minorque)
  • Port de Pollença Beach (Port de Pollença)
  • Playa de Alcudia (Port d’Alcudia)
  • Playa de Son Bou (Alaior)
  • Playa de Llevant (Formentera)
  • Cala Turqueta (Ciudadela)
  • Cala Mitjana (Cala Galdana)
  • Playa Aguas Blancas (Ibiza)
  • Playa de Migjorn (Migjorn)
  • Cala Saladeta (Sant Antoni de Portmany)
  • Cala Millor Beach (Cala Millor)

 

 

The best beaches in Canary Islands

  • Pozo de la Salud (El Hierro)
  • Playa de Cofete (Morro del Jable)
  • Playa de las Conchas (Isla de Graciosa)
  • El Cotillo Beach & Lagoons (El Cotillo)
  • Playa de Benijo (Almaciga)
  • Sotavento Beach (Costa Calma)
  • Playa de Sotavento (Playa de Jandia)
  • Playa del Matorral (Pajara)
  • Playa de Las Canteras (Las Palmas de Gran Canaria)
  • Monumento Natural de Ajuy (Fuerteventura)
  • Playa Del Duque (Costa Adeje)
  • Playa Dorada Beach (Playa Blanca)
  • Piscinas Naturales El Caleton (Garachico)
  • Playa El Bollullo (Puerto de la Cruz)
  • Playa de las Vistas (Los Cristianos)
  • Playa de Maspalomas (Maspalomas)

 

 

The best beaches in the Spanish Costas

The best beaches in the Costa de Almería

  • Balneario de Sierra Alhamilla (Almería),
  • Monsul Beach (San Jose),
  • Playa de los Muertos (Carboneras),
  • Serena Beach (Roquetas de Mar),
  • Playa de los Genoveses (Cabo de Gata),
  • Playa de Aguadulce (Aguadulce),
  • Cala de Enmedio (Agua Amarga),
  • El Playazo (Rodalquilar),
  • Garrucha Beach (Garrucha),
  • Playas de Vera (Vera),
  • Cala del Plomo (Agua Amarga)

 

 

The best beaches in the Costa de Azahar

  • Playa Almadrava (Benicàssim),
  • Playa Benicarló (Benicarló),
  • Balneario Villavieja (Castellón),
  • Playa Marina D’Or (Castellón),
  • Playa Romana(Castellón),
  • Playa Moro (Alcocébre),
  • Playa Sant Antoni (Cullera),
  • Playa Gandia (Gandia),
  • Playa Serradal(Alcocébre),
  • Playa Xeraco (Xeraco),
  • Playa Peñiscola (Peñíscola),
  • Playa Alcossebre (Alcocébre),
  • Playa Benicàssim (Benicàssim),
  • Playa Vinaros (Vinarós)

 

 

The best beaches in the Costa Barcelona

  • Balneario Titus (Arenys de Mar),
  • Balneario Hotel Colón (Caldes d’Estrac),
  • Santa Susanna,
  • Malgrat de mar (Maresme),
  • PREMIÀ DE MAR (Maresme),
  • San Bartolomé y santa Tecla,
  • Vilassar de mar (Barcelona),
  • playa principal de Calella (Calella),
  • Roca Grossa (Calella), Barceloneta Beach (Barcelona),
  • La Playa de Sitges (Sitges),
  • Beach Castelldelfels Barcelona (Castelldefels),
  • Playa de Castelldefels (Castelldefels),
  • Playa Balmins (Sitges),
  • Bogatell Beach (Barcelona),
  • Platja de Ribes Roges (Vilanova i la Geltru),
  • Badalona Beach (Badalona),
  • Passeig Marítim (Sitges),
  • Nova Mar Bella Beach (Barcelona),
  • Playa de Sant Sebastia (Sitges),
  • Ocata Beach (El Masnou),
  • Delta del Llobregat (El Prat de Llobregat),
  • Playa del Hombre Muerto (Sitges),
  • Sausalito Beach (Sitges),
  • Platja de la Nova Icaria (Barcelone),
  • Platja de Gava (Gava)

 

 

 

The best beaches in the Costa Blanca

  • Poniente Beach (Benidorm),
  • Playa de la Fossa o Levante (Calpe),
  • Arenal Beach (Javea),
  • Las Salinas de Torrevieja (Torrevieja),
  • Promenade of Calpe (Calpe),
  • Guardamar Moncayo Beach (Guardamar del Segura),
  • Cala Finestrat Beach (Finestrat),
  • Playa del Albir (El Albir), Playa El Carabassi (Elche),
  • Cala del Moraig (Benitachell),
  • Playa de Guardamar (Alicante),
  • Altea Beach (Altea),
  • Playa L’Ampolla (Moraira)

 

 

The best beaches in the Costa Brava

  • Cala Senyor Ramon,
  • Platja de s’Agaró,
  • Cala Futadera,
  • Platja del Castell de Palamos,
  • Cala Boadella

 

 

 

The best beaches in the Costa Calida

  • Playa de Calblanque (Cartagena),
  • Cala del Pino et Plage Entremares (La Manga),
  • Playa Portús (Cartagena),
  • Playa Barraca Quemada de La Llana (San Pedro del Pinatar),
  • Playa Amarilla (Águilas),
  • Playa La Carolina (Águilas),
  • Playa de Percheles (Mazarrón),
  • Playa Baño de las Señoritas (Lorca),
  • Cala Cortina (Cartagena),
  • Cala Blanca (Lorca)

 

 

The best beaches in the Costa Daurada

  • Balneario de Coma-Ruga (Vendrell)
  • Llevant Beach (Salou)
  • Llarga Beach (Salou)
  • Playa de la Pineda (La Pineda)
  • Capellans Beach (Salou)
  • Cambrils Beach Platja Prat d’En Fores y Regueral (Cambrils)
  • Playa El Torn Naturist Beach (L’Hospitalet de l’Infant)
  • Playa El Milagro (Tarragona)
  • Playa de Arrabassada (Tarragona)
  • Playa La Savinosa (Tarragona)
  • Platja de la Llosa (Cambrils)
  • Playa Cristal (Miami Platja)

 

 

The best beaches in the Costa de la Luz

  • Playa de Isla de Canela,
  • Playa de Punta Umbria,
  • Playa de torre de la Higuera,
  • Playa de matalascañas,
  • Playa cruz del mar,
  • Playa del rompidillo,
  • Playa la caleta,
  • Playa de la Cortadura,
  • Cala de Roche,
  • Playa de los caños de Meca,
  • Playa del Cañuelo,
  • Paya de los Lances

 

 

The best beaches in the Costa del Sol

  • Playa de la Cala Mijas (La Cala de Mijas)
  • Playa La Carihuela (Torremolinos)
  • Playa El Bajondillo (Torremolinos)
  • Burriana Beach (Nerja)
  • Puerto Cabopino Beach and Marina (Marbella)
  • Playa de La Malagueta (Malaga)
  • Playa Del Cristo (Estepona)
  • Playa de la Cala el Cañuelo (Nerja)
  • Playa de San Pedro de Alcantara (San Pedro de Alcantara)
  • Playa Los Alamos / El Canuelo (Torremolinos)
  • Playa Arroyo de La Miel (Benalmadena)
  • Carvajal Beach (Benalmadena)

 

 

The best beaches in the Costa Tropical

  • Playa de Calahonda,
  • Playa de La Rijana,
  • Playa de Castell de Ferro,
  • Playa de La Mamola,
  • Playa de La Herradura

 

 

The best beaches in the Costa de Valencia

  • Playa de Malvarrosa,
  • Playa de Pinedo,
  • Platja de la Malladeta,
  • Playa de San Antonio,
  • Playa de Jeresa,
  • Playa de Daimus,
  • Playa de Oliva

 

 

2. Blue Flag rating: 579 beaches in Spain

In Spain, you can choose from 579 beaches, 100 Marina resorts and five sustainable tourist boats, all distinguished with the prestigious Blue Flag award, thanks to their quality and safety.

As such, Spain is the top nation in terms of site ranked by the Blue Flag system.

 

What does this mean?

  • One out of five beaches in Spain has a Blue Flag!
  • One out of six beaches in the World is Spanish!

 

This award is bestowed by the Foundation for Environmental Education (FEE). This institution was created in 1987 by Europe but now is a worldwide organisation.

 

What does this distinction guarantee?

The sites are ranked on 31 different criteria’s: Environment, Water Quality, Safety,… Have a look at the full list of criteria’s here.

Find the map with all the beaches, sorted by Access to the beach for disabled, Nudist, Sandy, Rocky, Inland, Coastal,…

 

 

3. Q for Quality distinction rating: 248 beaches in Spain

This rating is awarded by the Spanish Tourism Quality Institute (ICTE). The Tourism Institute ranks not only beaches but as well many different sites for the quality and safeness of their sites: campings, hotels, Golfs, Touristic activities,…

Find all lists of the best beaches for all the Spanish Costas in our papers on all the Spanish Costas and on the infographics: Enjoy all the Spanish Costas: get the best out of it: our top papers of 2017

4. The top 10 beaches according to the Tourist Bureau of Spain

  1. Illetes, Formentera, Balearic Islands
  2. As Catedrais, Galicia
  3. La Concha, San Sebastian
  4. Bolonia, Costa de la Luz
  5. El Cofete, Las Palmas, Canary Islands
  6. Cala Bassa, Ibiza, Balearic Islands
  7. Las Canteras, Las Palmas, Canary Islands
  8. Rodas, Galicia
  9. Platja Gran, Cadaqués, Costa Brava
  10. Cué, Llanes, Asturias, Costa Verde

Source: Spain Tourist Bureau

 

If you want to have some pictures of those beaches, google image is a good start but have a look at the impressive database on the website of Aena (the company managing the Spanish airports).

Are you booking your holidays soon? Read our last paper: Our best ideas for planning your holidays in Spain! Our top 2017 papers!

Here are 8 reasons why you need more holidays to enjoy the best Spanish beaches?

8 reasons why you should go on holidays more often, Infographic

Don’t hesitate to tell us what’s your favourite beach or if you found an even more beautiful one to share with our readers!

 

Looking for a lawyer, an architect, a property hunter in Spain? Ask us directly!

 

 

 

 

 

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

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https://howtobuyinspain.com/en/best-places-to-visit-in-spain/where-will-you-find-the-top-beaches-in-spain/feed/ 0 The Spanish Costas Infographics Know everything on the Spanish costas: Airports, AVE stations, Cities and villages, shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographics. Balearic Islands Find everything on the Balearic Islands: its Airports, stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Canary Islands Know everything on the Canary Islands: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa de Almeria map Know everything on the Costa Almeria: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa Azahar map Know everything on the Costa Azahar: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa de Barcelona map Know everything on the Costa de Barcelona: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa_blancaV2 map Know everything on the Costa Blanca: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa brava map Infographic Know everything on the Costa Brava: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa Calida map Know everything on the Costa Calida: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa Daurada map Infographic Know everything on the Costa Daurada: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa de la Luz map Know everything on the Costa de la Luz: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa del Sol map Find everything on the Costa del Sol: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa Tropical map Know everything on the Costa Tropical: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Costa_Valencia map Know everything on the Costa de Valencia: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. playa-romantica-1996139_1920 Infographic 8 reasons why you should go on holidays more often Stéphane co-founder of HTBIS
Our best ideas for planning your holidays in Spain! https://howtobuyinspain.com/en/best-places-to-visit-in-spain/our-best-ideas-planning-your-holidays-in-spain/ https://howtobuyinspain.com/en/best-places-to-visit-in-spain/our-best-ideas-planning-your-holidays-in-spain/#respond Wed, 02 Aug 2023 05:17:36 +0000 https://howtobuyinspain.com/?p=5666 Automatic translation from Google translate:   Get our best ideas for planning your holidays in Spain! Before starting with all our top ideas, remember why you need holidays:     Here are a few ideas to help you organise your stay in Spain: Summer Edition: Our Top 5 UNESCO World

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Automatic translation from Google translate:

 

Get our best ideas for planning your holidays in Spain!

Before starting with all our top ideas, remember why you need holidays:

 

8 reasons why you should go on holidays more often, Infographic

 

Here are a few ideas to help you organise your stay in Spain:

Check our city trip ePostcards we wrote on Alicante, Malaga, Barcelone and Madrid:

A Greece-themed poster featuring the words "this is Greece. Madrid Citytrip ePostcard Barcelona ePostcard Citytrip Malaga ePostcard Citytrip

 

Check all our infographics (with pdf downloadable version) on the Spanish Costas with all the top activities for your holidays

Here is one of the Costa del Sol as an example:

 

We have created those infographics for all the Spanish costas: Costa Brava, Costa Barcelona, Costa Daurada, Costa de Azahar, Costa de Valencia, Costa Blanca, Costa Calida, Costa de Almería, Costa Tropical, Costa del Sol, Costa de la Luz, Balearic Islands, Canary Islands.

 

A few other papers that could be of interest:

 

Finally, if you want to know more about any top Spanish Cities (not only about the real estate market) find all our City papers here:

Everything you ever wanted to know about the top 20 Spanish Cities real estate markets

 

Of course, check our weather infographics with the monthly statistics of the top 20 cities in Spain.

Monthly Weather Statistics on top Spanish Cities

Monthly Weather Statistics on top Spanish Cities

 

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

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https://howtobuyinspain.com/en/best-places-to-visit-in-spain/our-best-ideas-planning-your-holidays-in-spain/feed/ 0 Infographic 8 reasons why you should go on holidays more often A Greece-themed poster featuring the words "this is Greece. Madrid Citytrip ePostcard Barcelona ePostcard Citytrip Malaga ePostcard Citytrip Costa del Sol map Find everything on the Costa del Sol: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. Monthly weather statistics for top 20 cities in Spain Monthly Weather Statistics on top Spanish Cities Stéphane co-founder of HTBIS
Spanish real estate outlook 2023 https://howtobuyinspain.com/en/buy-property-in-spain/spanish-real-estate-outlook-2023/ https://howtobuyinspain.com/en/buy-property-in-spain/spanish-real-estate-outlook-2023/#respond Wed, 29 Mar 2023 10:36:01 +0000 https://howtobuyinspain.com/?p=25107 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten Follow this link if you are looking for the latest real estate price trends for Spain’s top 20 cities. The Spanish real estate outlook 2023

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Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

Follow this link if you are looking for the latest real estate price trends for Spain’s top 20 cities.

The Spanish real estate outlook 2023

 

Last year, we predicted a strong market with price increases between 3 and 6 per cent. We were spot on!

The Spanish real estate market should be more stable in 2023 and we could even see some price decreases. As we will explain in this report, Expectations for the Spanish housing market are for price changes between minus three per cent and plus 4 per cent as experts have different views due to a greater uncertainty of the evolution of the economy. The good news is that many experts see it as one of the best-performing markets in Europe for 2023.

Inflation will be the main topic if you want to understand the real estate market: after many years of loose monetary policy and after the war in Ukraine, inflation is back and should stay with us for a while. We will have to cope with that. Last year we already spotted those potential risks for the real estate markets in our Spanish real estate outlook for 2022. So, this is not a surprise for us. But we have to admit that the magnitude of the moves impressed us.

In this report, you will have our detailed outlook on the Spanish real estate market and benefit from the analysis and feedback of our local experts and partners established everywhere in Spain. Of course, the market won’t rise as much as in 2022 on one hand, but it will give more opportunities on the other hand. And make no mistakes, we will explain to you why real estate prices in Spain remain conservative at current levels: we don’t see excesses as in 2008.

Last but not least, we tell you why we think that Spain’s economy should become stronger than other European countries over the next five years. This positive news should keep the Spanish real estate market healthy and in demand at least compared to other real estate markets in Europe.

In this environment, Spain has a lot to offer to Spaniards, foreigners and remote workers: a high quality of life. Actually, Spain is one of the best places to relocate and work remotely thanks to 320 days of sun and of course the low cost of living in Spain.

Looking for a comprehensive and up-to-date analysis of real estate prices in all major Spanish cities? Look no further than our quarterly report, which provides precise insights you won’t find anywhere else.

 

 

The Spanish property market will be a buyers’ market in 2023

Here are the important metrics to follow in 2023:

  • Inflation
  • mortgage rates
  • the consumers’ purchasing power
  • Economic activity in Spain and in Europe
  • Remote working
  • Of course as usual what will be the activity of foreigners in Spain in 2023?

 

Yes, let’s start with the bad news: inflation is back. That is why both short-term and long-term interest rates have risen. So, as a consequence, mortgage rates are much higher now than one year ago. We expect this situation to stay at least two years, maybe more. So, property financing with mortgages will be less easy for buyers and the Spanish economy should moderate in the short term. Those are the two main reasons why we think the Spanish property market will mark a pause in the short term. The good news is that mortgage rates are not crazy if you compare them to inflation.

 

Check the evolution of the mortgage rates: average, fixed and variable over the last year

 

Transactions should decrease and prices should be stable or decrease slightly

as on one hand, economic activity will be less strong and on the other hand mortgages rates are rising.

Both Spaniards and foreigners will be less active, which will give more opportunities for the buyers, and even more for the foreign cash buyers that don’t need a mortgage.

Foreign cash buyers will be the perfect time to get a better home: more space inside and outside and more light, and for those with a smaller budget, our advice is to go after a second home outside city centres.

That is why we are optimistic for foreigners in 2023: opportunities will be there and the market will be less tense.

So, our view is that prices could decrease between 1 and 3%!

What about the GDP growth in Spain for 2023 and 2024?

The FMI predicts that Spain will have strong GDP growth in 2023 and 2024: 1.1% and 2.4%.

Are we at risk of a big property price decrease as in 2008?

Are we in a real estate bubble in Spain?

 

Many experts don’t think so as:

  • The portion of real estate vs income is not excessive for most Spaniards
  • Leverage is not excessive
  • Building companies have less leverage
  • The number of new build properties coming to the market is not excessive.

Here is another article to read more on that: Are we in a property bubble in Spain?

So, the short answer is no, we are not at risk of a big price decrease, as long as the economy remains stable, as current property prices in Spain are not overextended. Read our quarterly report for more on that: Spanish property prices remain very competitive vs other international markets.

 

The biggest risks we see for the time being are:

  • Central banks in the world are aggressively raising short-term interest rates: the Fed, the ECB,…
  • Long-term interest rates are spiking
  • Inflation is spiking everywhere in the world central banks are fitting it.
  • The Chinese economy is dependent on its management of Covid, its real estate sector and its slowing economy.
  • Consumers are squeezed worldwide with high inflation numbers.

 

The positive data for the Spanish real estate markets are:

  • property prices are not too expensive in Spain vs international real estate markets,
  • mortgages rates are much lower than current inflation rates
  • real estate could be a good hedge against inflation for investors.
  • we see Spain having a long-term competitive hedge in this environment of high energy prices.

 

Why are the long-term prospects for the real estate market in Spain strong?

  • Not enough properties are available on the rental market as Spain is an “Owner” country with more than 75% of Spaniards owning their home.
  • With inflation rising, construction costs are on the rise and supply won’t easily come
  • Most of the properties in Spain are old and some need renovation works, which means a delay to have those back on the market
  • Real estate prices in Spain are not too expensive, read our quarterly report on Spanish property prices for more on that.
  • With the energy crisis in Europe, Spain is one of the European countries with the lowest costs for utilities in Europe, as we told you in our article, we think that this will remain the case in the future, so, the Spanish economy should remain stronger than many European countries. This will provide strong support to the real estate market. We could even see some relocations of companies toward Spain in the future.
  • Buy-to-let in Spain provides a nice return for investors.

 

 

Newbuild vs resale in 2023?

We don’t expect huge discounts for real estate buyers but yes, cash buyers should get discounts on resale projects and they should negotiate before writing an offer. We don’t expect huge discounts for newbuild – we have some special offers on newbuild properties from our partners, just ask us directly – as construction costs are higher and the Spanish housing market is healthy and not oversupplied as it was in 2008. Some regions could have more newbuild supplies which could give opportunities for buyers.

 

A new long-term trend favouring Spain!

Spain has many competitive edges over other EU countries:

All those will be big edges for Spain in the long term and could transform Spain into one of the biggest economic and industrial powerhouses in Europe.

The IMF shares our view and published in a November report that Spain’s Economic growth is projected to reach 4.6 per cent in 2022 and 1.2 per cent in 2023. This put Spain one of the top-growing country in Europe.

 

That is why we think that the real estate market in Spain will on one end suffer from less demand from Spaniards and foreigners due to the slower economic activity in Europe. But, on the other hand, if we compare the Spanish property market to international markets, if we see where it is now, under €1,800 per square meter, and if we add the short-term and long-term advantages of Spain, we think that the Spanish real estate market will stay stronger than the European average.

For real estate investors, as we don’t see inflation vanishing quickly mortgage rates are very competitive in this inflationary environment and indexation of rents to inflation could water down inflation effects (not 100% as those are limited by the government). But, that’s not bad in a difficult economic environment.

For more on mortgage financing, have a look at our article: “Fixed or variable mortgage for my Spanish home?

 

The 2023 Spanish property market forecast from our local experts

We asked our partners to give some colours to their local property markets. This is very interesting as they have knowledge of the market and see daily what is going on. Here is the feedback on Madrid, the Costa Blanca, the Costa Daurada and the Canaries. This section will be updated later on if we get more feedback. You can find all our local Spanish property hunters members of our network by following the link.

 

The 2023 forecast for Madrid real estate market

We discussed this with Agnes one of our local property hunter in Madrid.

Are foreigners active in the real estate market in Madrid as of the end of 2022?

Foreign buyers, especially those who have their savings or incomes in USD, have increased their demand for both investment properties and second homes in Madrid, presumably because the EUR/USD exchange rate is very favourable for them right now, and mortgage rates are still lower in Spain than in the US.

Yes indeed, we pointed out this trend earlier on this year with Agnes: Americans are buying property in Madrid at a 20% discount.
Are Spaniards more or less active in Madrid?
National buyers who have enough savings for the downpayment have also shown an increased interest in completing their purchase this year, as it seems very likely that interest rates on mortgages will keep going up for some time, whilst decreases in prices of properties are not certain at all.
I believe that small investors who would be purchasing without a mortgage are cautious, holding off to see if there is really a recession next year and hoping they can get better deals in a few months than today.
What is the 2023 outlook for the Madrid property market?
On one hand, if mortgage rates keep increasing some buyers will not be able to buy, so part of the demand will decrease. On the other hand, if inflation rates are persistently high, people with savings will likely look towards the real estate market as a refuge, increasing demand for investment-oriented purchases. Price fluctuations will most likely not be consistent throughout neighbourhoods and property types. For example, unless there is a serious worldwide crisis, it seems unlikely prime properties’ prices will drop significantly because they might still be propped up by foreign demand and by national buyers with high purchasing power who are not stretching their budget to the limit and therefore are not so affected by higher mortgage rates.
The major risk is the “unknown” factor, such as when the covid pandemic appeared out of the blue: we don’t know what we don’t know! A possible positive surprise could be the inflation petering out sooner than expected.
Have a look at the full profile of our property hunter in Madrid Agnes here and check the last property she bought for her customers.

 

The Costa Brava 2023 real estate outlook

Séverine, our local property hunter in Costa Brava, gave her analysis on the Costa Brava.

What is the current activity on the property market in Costa Brava?

It is true that with the current climate, inflation, rising fuel prices, and the significant rise in interest rates, buyers want to know what the crisis in Spain really means. The crisis is undeniable and is disrupting the Spanish property market but in what way? It is quite heterogeneous depending on the type of product and the region. The big cities are particularly affected for purchases of main residences. On the other hand, the effects on the purchase of second homes are less noticeable, especially in areas that have always been in high demand, such as the Costa Brava and the Costa del Sol. We are writing this article in December 2022, and so far we have not seen any significant drop in prices. It is a very tight market due to the high demand and the limited number of properties on the market. The crisis is softening this contrast slightly, but prices are not falling and are tending to stabilise after the sharp increases post COVID (around +20% over a period of one and a half years).

What is the 2023 outlook for the property market in Costa Brava?

For 2023 we remain very confident about the market on the Costa Brava. With still a lot of demand from abroad, still mainly from Europeans, but also with the strength of the dollar, the return of Americans.

The latest purchase of Séverine in Costa Brava for one HTBIS customer?

Our latest sale is a very nice house in the chic area of s’Agaro located between Playa de aro and St feliu de Guixols. With a list price of 469,000 and a final price negotiated at 450,000 for a European family. This is a house located in a residence with few co-owners, with garden and swimming pool, ideally placed at 5 minutes walk from the beach and shops.

The objective for this family is to spend their holidays there but why not to live there in a few years. The search for a healthy and well-frequented neighbourhood was important!

Congratulations Séverine and team on this last deal, another happy customer of HTBIS. As we always say: a local property hunter means, a quicker process with fewer risks and savings.

Have a look at the full profile of Séverine our property hunter in Girona and the Costa Brava here and check the last property she bought for her customers.

Read more: the six reasons why working with a property hunter in Spain.

 

The Costa Blanca 2023 real estate forecast

Valérie wrote this feedback, she is our local property hunter in Costa Blanca.

 

What is the current activity on the property market in Costa Blanca?

Economic crises do not always have the same impact on the property market. The Costa Blanca is a very popular area for Belgians and English speakers. This area, which stretches from Denia to Horadada, offers less expensive products than the Costa Brava or the Costa del sol. Its main airport in Elche, next to Alicante, provides direct connections from the main European airports, and its well-developed rail network with direct lines from Madrid ensures a continuous flow of traffic and a certain economic dynamism. The demand comes largely from foreign investors, mainly European, but its proximity to Madrid also generates domestic demand.

What is the 2023 outlook for the property market in Costa Blanca?

We expect the market to hold up. On the other hand, we believe that there may be opportunities in the new build sector. New developments (houses and flats), particularly in the south of Alicante, have reached a certain peak in recent years and we are therefore waiting to see the movements in this property sector where real opportunities will be available over the winter. These new buildings provide interesting energy certificates, which have become even more attractive since the energy crisis, and remain secure investments.

Have a look at the full profile of Valérie our property hunter in Alicante and the Costa Blanca here and check the last property she bought for her customers.

The Costa Dorada 2023 real estate forecast

Sabine gave her views on the local market, she is our local property hunter in Costa Dorada.

 

What is the current activity on the property market in Costa Dorada?

Before discussing the effects of the economic crisis and the outlook for 2023, it should be remembered that the Costa Dorada stretches from the south of Barcelona to the entire coast of the province of Tarragona. Unlike the Costa Brava or the Costa del Sol, it is frequented by a majority of urban Spaniards from Barcelona, Zaragoza or Madrid who have second homes there. Here the impact of the crisis will be felt more because a majority of Spaniards have borrowed at variable rates and the sudden and sharp increase in these rates will certainly push some owners to sell their second home in order to offset inflation.

What is the 2023 outlook for the property market in Costa Dorada?

This is a market that has been very popular during the covid and a drop in prices in this sector will be all the more welcome for future buyers.

 

The latest purchase of Sabine in Costa Dorada for one of Howtobuyinspain.com’s customers?

Our latest sale is in L’Ampolla, in the Ebro Delta. This is a less built up and wilder area than the south of Barcelona, but still only 1.5 hours from the main city. Our clients were looking for a house to buy and to invest in, and the search was not easy as many criteria were required. In the end we found them a house with a back to back aspect, 5 minutes walk from the beaches in a quiet and well frequented residential area, with 2 bedrooms. The house is in immaculate condition and therefore needs no work inside, and the low price will allow the new buyers to build a small swimming pool to maximise rental income next summer.

Have a look at the full profile of Sabine our property hunter in Tarragona and the Costa Dorada here and check the last property she bought for her customers.

 

The Canary Islands 2023 real estate forecast

We want to thank Manuel our local property hunter in the Canary islands for his analysis of the property market in the Canary Islands.

 

What is the current activity on the property market in the Canary Islands?

Let’s remember here that the Canaries are the islands which are the most favourable for rental investment since the temperatures are mild all year round and this remains ideal for investors since the tourist season is spread over 10 months of the year… On the other hand, these islands, where the majority of the capital is foreign, will suffer more from the crisis compared to the different Spanish coasts. These islands, which depend solely on air and sea transport, will suffer a massive drop in visitor numbers when the price of plane tickets soars…

What is the 2023 outlook for the property market in the Canary Islands?

there will therefore be opportunities to be seized as this drop will be felt but will quickly rise again when the markets stabilise.

Have a look at the full profile of Manuel our property hunter in Tenerife and the Canary Islands here and check the last property she bought for her customers.

 

Why the Spanish property market will stay at the top spot for foreigners?

As foreigners are cash buyers 90% of the time, and even when they ask for a mortgage, most of the time it is a small part of the property’s value, so the increase in rates will have a smaller impact on foreigners but yes, foreigners will hesitate more before buying a property in a foreign country as the economic activity will be weaker in the short term.

Here are other positives that will keep foreigners active in 2023:

  • Transactions’ volumes are strong in 2022 across all the Spanish local markets: rising by more than 20% getting back to pre-covid levels (and a little bit more).
  • Activity was at the highest since 2007 and both Spaniards and foreigners are active, which means the trend is broad-based and not only in certain areas.
  • Foreigners activity is back to the same levels it was “pre-Covid” era.
  • Real estate market in Spain is strong: Have a look at our detailed quarterly report with all the prices’ evolution for the top 20 Spanish cities: Spanish quarterly property report.
  • We note that the major cities are back to their pre-Covid levels: Barcelona, Madrid,…
  • Second-tier Spanish cities all over Spain are rising the most while staying cheaper than the national average
  • Inflation is rising everywhere in the world… This means that every day, currencies lose their value. So, one of the best hedges against inflation is holding “real assets”. There are not a lot of alternatives if you want to protect your savings against inflation. One other move could be for people to relocate towards Spain as Spain has a much lower cost of living (even more since the energy crisis).
  • The rise in raw material prices has resulted in a more than 10% increase in production costs over the last two years. This will increase the prices of the new building developments and reduce supply in the long term.
  • New build properties are not in oversupply: on the contrary, it remains under control and demand was strong in 2022.

The 2023 outlook from other real estate experts

 

How to find your ideal Spanish property?

We need to differentiate locals from foreigners.

Let’s start first with foreigners. Foreigners are searching either for a second home or a place to retire.

 

What are the property criteria demanded by foreigners in a post-Covid-19 world?

  • close to the beach,
  • maximum a one-hour drive from an airport,
  • more rooms and a bigger property as foreigners will be more often at their second home,
  • some private outside space: terrace, garden, a pool,
  • close to sports and children’s facilities,
  • restaurants and shops nearby,
  • a nice view,
  • not too far from the city centre, but not inside!

Discover newbuild properties meeting those criteria from our partners or ask one of our property hunters to search for your dream property anywhere in Spain, we have a local hunter!

 

Have a look at our interesting articles on the subject: Our ultimate guide to buying your property in Spain is our major guide on the subject but you can find dedicated articles as well:

 

 

Looking for a local property hunter, a local lawyer, … any real estate expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

 

FAQ on the subject

Is it a good time to buy property in Spain 2023?

Yes, for sure, as you can see, prices are rising since 2014 but are far from the top of 2008. Returns are healthy and not excessive while financing remain low. Read more in our paper.

Will Spanish property prices fall in 2023?

There is a chance that prices will fall in 2023 but Spain will be one of the strongest real estate market in Europe. Read this article to know why.

Can I get residency in Spain if I buy a house?

It depends if you are part of EU or not and if you have enough financial means to live. If you are not from EU countries, there are solutions, have a look at our article about the golden visa.

 

 

 

 

 

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Buying your property in Spain? https://howtobuyinspain.com/en/buy-property-in-spain/buying-property-in-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/buying-property-in-spain/#respond Wed, 01 Mar 2023 04:57:54 +0000 https://howtobuyinspain.com/?p=8393 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   Are you buying your dream property in Spain?   Since we started to invest in Spain in 2012, we have built a network of

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Are you buying your dream property in Spain?

 

Since we started to invest in Spain in 2012, we have built a network of local real estate experts in Spain and became the one stop shop solution for foreigners looking for help to buy a property in Spain.

Foreigners ourselves, we have built this network first to find the solution for ourselves… then we wanted to share our network and our experience with other foreigners.

In two years, our readership grew to more than 140,000 and are coming from more than 210 countries around the world! We are really pleased with that.

 

It is cheap and easy to buy a property in Spain if you are assisted by the local experts speaking your language. Check our interesting articles:

 

The experts from our network are active in ten fields:

  1. Property finders
  2. B&B
  3. Lawyers
  4. Tax
  5. Architects
  6. Money Transfer
  7. Mortgage
  8. Insure your Spanish property
  9. Property survey
  10. Renovation

 

 

Find your property in Spain

 

We get many requests flowing in every week as 130.000 foreigners bought a property in Spain in 2022 and the growth is continuing.

Check the feedback we have received lately from our customers:

“Thank you for your help.”

“Your website is really a very interesting source of information.”

“We found the help we wanted for purchasing our property.”

“Thanks to your website, I got the ins and outs of buying a property in Spain.”

 

 

How did we help our customers during the last months?

Our activity is strong and we can’t update this page regularly as we have to manage the requests coming in. We receive the most requests from England but actually they really come from all over the world. This is why we love it so much.

What are the services people are looking for? Property finders in Spain, mortgage financing thanks to our partnership with a mortgage broker negotiating with all the biggest banks in Spain, legal and tax advice and currency hedging. We started our partnership for your holiday home insurance in Spain in 2019. Last but not least, we have a survey partner if you need any technical review of a property before buying it.

 

Review some of the last properties bought by our local property hunters everywhere in Spain (at the bottom of the article).

 

Here is a quick overview of some requests we got in during the last months:

 

We got close to 300 Requests in 2022!

 

Here are a few samples of how we helped our customers in 2022:

  • A couple from America is looking to invest in Valencia or Barcelona and find their future retirement home

Region: Valencia / Barcelona

Requests:

-Get in touch with our property hunter in the region of Valencia and our property hunter in the region of Barcelona

Find a lawyer in Valencia and a property lawyer in Barcelona speaking English to assist with the purchase of the property in Spain. May I buy a property in Spain?

How to finance my Spanish property? as I want to keep my current property for 5 more years before retiring.

How to hedge currency risk while I purchase my property in Spain as I am American?

 

  • A young manager from Soudan is looking for a new life in Spain.

Region: no precise idea: Valencia / Barcelona ?

Requests:

How to get a Golden Visa for Spain?

Find a lawyer in Valencia and a property lawyer in Barcelona speaking English to assist with my Visa application the purchase of the property in Spain

 

  • A couple from Belgium is looking to buy a family house in the Costa Brava

Region: Costa Brava

Requests:

-Get in touch with our property hunter in the Costa Brava region

 

  • A couple from South Africa is looking to invest in Barcelona and find their future home

Region: Barcelona

Requests:

-Get in touch with our property hunter in the region of Barcelona

– Find a property lawyer in Barcelona speaking English to assist with the purchase of the property in Spain.

– A tax adviser in Barcelona to review my tax situation with the property

How to finance my Spanish property? as I want to keep my current property for 5 more years before retiring.

How to hedge currency risk while I purchase my property in Spain as I am Not European?

 

  • A Dutch couple is looking to invest in Valencia for a holiday home close to the beach

Region: Valencia

Requests:

-Get in touch with our property hunter in the region of Valencia

Find a lawyer in Valencia speaking English to assist with the purchase of the property in Spain.

How to finance my Spanish property?

 

  • A Luxembourg real estate investor is looking to invest in Madrid for rental income.

Region: Madrid

Requests:

-Get in touch with our property hunter in the region of Madrid.

-Get in contact with a local partner for a mortgage in Spain, get a better understanding of the minimum down payment needed to buy a property in Spain.

 

 

Example of customers’ other requests:

  • A customer from Belgium found his holiday home in Andalusia and wanted to make an official bid with a lawyer

Our tip: never make an offer or sign before your lawyer saw the offer.

Region: Andalusia, Costa de Almeria

Requests:

-Get in touch with our property lawyer in the region of Costa de Almeria

-Check all the paperwork

 

  • A couple from America looking to retire in the Valencian Community in 2019

Region: Valencia, Valencian Community

Requests:

-Get in touch with our property hunter in the region of Valencia

Find a lawyer in Valencia speaking English to assist with the purchase of the property in Spain.

How to get a mortgage in Spain as a foreigner?

How to hedge currency risk while I purchase my property in Spain?

  • An Australian couple looking to get the Golden Visa in Spain and buy a property in Barcelona

Region: Barcelona, Catalonia

Requests:

-Get in touch with our property hunter in Barcelona

Find a lawyer to assist with the property purchase and with the Visa procedure.

Money Transfer/currency risk: the purchaser needs to exchange Australia Dollars into Euros

 

  • An English couple looking to know how to proceed to get a mortgage in the Valencian Community

Region: Valencia, Valencian Community

Requests:

-Understand how to get a mortgage in Spain as a foreigner

 

 

  • A customer from England toured Spain during a full month looking for a horse-property to retire in Spain and found it in the region of Tarragona.

Region: Tarragona, Costa Daurada

Requests:

-Get in touch with our property lawyer in the region of Tarragona

-Find an architect in the Costa Daurada for assisting with a first survey of the property

Money Transfer and currency hedging: the purchaser is from England and needs to exchange Sterlings into Euros

 

  • A customer from Denmark is looking to buy a luxury property in Barcelona as a second home

Region: Barcelona, Costa de Barcelona

Requests:

-Get in touch with our property hunter in Barcelona

-Learn more about the legal and tax aspects of purchasing a property in Spain as a foreigner

  • A Saudi investor had a budget to invest in a property in Madrid for rental income.

Region: Madrid

Requests:

-Get in touch with our property hunter in the region of Madrid.

-Get in contact with a local partner for a mortgage in Spain, get a better understanding of the minimum down payment needed to buy a property in Spain.

 

  • A Dutch looking to retire in Alicante

 

Region: Alicante, Costa Blanca

Requests:

-Get in touch with our local property lawyer in the region of Denia

-Get in contact with a local partner for a mortgage, get a better understanding of the minimum down payment needed to buy a property in Spain.

 

  • An institutional investor looking to invest in Madrid and Barcelona

 

 

  • A Dutch looking to retire in Barcelona

Region: Barcelona, Costa de Barcelona

Requests:

-Get in touch with our local property lawyer in the region of Barcelona

-Understand the aspects regarding the Spanish NIE, why do I need it as a foreigner?

 

  • A Brittish looking to retire in 6 months in Spain

Region: Many regions

Requests:

-Where can I find the most for my money?

-Rent my property 6 months per year to get some revenue

 

  • A customer from Switzerland looking to buy in Andalusia

 

Region: Andalusia, Mijas

Requests:

-Get in touch with our local property lawyer in Andalusia

-Get in touch with our property hunter in the Andalusia

-Get in contact with a local partner in Spain for a mortgage

 

  • Another customer from Switzerland looking to buy a second home in the old city centre of Girona

 

Region: Girona, Costa Brava

Request:

-Get in touch with our property hunter in the Costa Brava

 

So don’t hesitate, ask us, ask our property experts in Spain.

 

5 Reasons why you should work with our experts?

  1. We work with the best local professionals having the highest standards and speaking your language!
  2. We do the follow-up with our customers. We want to be sure that they are happy with the service provided.
  3. We ask our partners to provide the best service at a competitive price.
  4. Our partners are part of our network and want to stay partners with us: they will continue to do everything to remain part of our network.
  5. We confirm every year if the partners remain members of our network.

 

Looking for a property lawyer in Spain? Follow the link and get one of our local lawyer.

Looking for another real estate expert in Spain: Mortgage, Insurance, Survey of property, Property hunting, …? Ask us directly one of our 100+ local partner!

 

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

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The best things to do in the Costa Cálida https://howtobuyinspain.com/en/best-places-to-visit-in-spain/costa-calida/ https://howtobuyinspain.com/en/best-places-to-visit-in-spain/costa-calida/#respond Mon, 01 Aug 2022 13:32:22 +0000 https://howtobuyinspain.com/?p=9768 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten Everything you ever wanted to know about the Costa Cálida   Welcome to the Costa Calida … or the Warm Coast   “The Warm Coast”

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Everything you ever wanted to know about the Costa Cálida

 

Welcome to the Costa Calida … or the Warm Coast

 

“The Warm Coast” is the meaning of Costa Cálida, this is due to the very special microclimate of the area, which makes it a few degrees hotter than everywhere else in Spain, thus creating a somewhat arid microclimate, with less than 340 mm of rain annually: in fact, it is the hottest coast in the Mediterranean Sea. This is great news for everyone looking for quality bathing time year-round, and only a handful of rainy days. Have a look at our weather infographics for the top 20 Spanish cities, for instance Murcia. You will get detailed monthly statistics on any month of the year.

Monthly Weather Statistics on top Spanish Cities

Monthly Weather Statistics on top Spanish Cities

 

Nonetheless, great weather is not the only thing that makes Costa Cálida one of the most attractive Costas for tourists.

There are more than 25 blue-flagged beaches, which are recognized by the EU to have the perfect environment for visitors to enjoy, like being litter-free, having clear water, and adequate facilities to house tourists comfortably. These beaches are spread throughout the 250 km (155 miles) that make up this beautiful Costa, it spans from El Mojón, very nearby Alicante, to Cuatro Calas, in Águilas, and is located in the Region of Murcia, right in between the gigantic Andalucía and the well-known Comunidad de Valencia, bordering with Castilla-león to the north, and to the south, 250 km of open Mediterranean sea.

There are also very famous maritime routes that go to the Balearic Islands, like Ibiza and Mallorca. You can rent a small ship and go there by yourself, making for an unforgettable experience of a lifetime. If you are not too experienced in sailing, you can go on a Cruise Ship, which will have everything you might need, like warm beds, restaurants, and maybe even nightclubs and bars, if you are willing to pay the price, of course.

However, Costa Cálida is especially known for the natural landmark known as Mar Menor, or Lesser Sea in English, it’s a 22km (13 miles) long stretch of sand that ranges from 100 to 1000 meters wide. This creates a natural salty lake with crystal clear waters, that are also very shallow, which makes it ideal for families with children, though, not that ideal for those interested in water sports like surfing or windsurfing.

 

The seafront view in Cartagena

But for them, Costa Cálida has other locations that might be more exciting, like some areas near shipwrecks where you can snorkel and deep dive. There are also trekking and mountain biking routes more towards the inland that is simply described as awe-inspiring.

There are, as well, some of the most important and famous golf courses in Europe, like the Lorca Resort, Condado Alhama Gnk, Hacienda Alamo and La Serena, all of which are very highly rated by golfers. Play with the best golf club sets in Spain thanks to our local partner.

But the potential locations for ecotourism don’t end there, Murcia, and specifically, the lands surrounding Costa Cálida are full to the brim with natural parks, like Cabo de Gata-Níjar, Parque Natural De Torrevieja, Sierra de Huétor, Sierra Helada, and Parque Natural de la Serra de Mariola.

And if natural wonders are not that important to you, the rich history and culture might be just as enjoyable, as there are a multitude of medieval fortress, castles and interesting museums, with exhibitions that date back 3.000 years.

There are, as well, more modern instances, especially in architecture, remarkable structures such as The Palace of Benifayó Baron, The Episcopal Palace of Murcia, the military fortress Sol de Lorca and the Castle of San Juan de Águilas are spread throughout the lands.

In addition to the various monuments, Murcia’s history has made it into a crossroads for many different cultures, like the Iberians that first populated the lands, the Romans that conquered them, the Phoenicians and the Byzantines, who came later, in addition to the hundreds of years of Arabic control of the lands.

All these very different cultures brought new flavours and traditions to the area, and in conjunction with the especially rich fields that offered an enormous variety of ingredients, it’s no wonder why Murcia is one of the top locations on any tourists’ list loving gastronomy.

 

The “Plaza Toros” of Murcia

Among the most interesting activities, there are a variety of wine tastings, that also combine with city tours to give you the best experience, and restaurants that offer special dishes for tourists that combine the most famous local recipes, with a mixture of seafood, local vegetables and meat prepared in the same way they were prepared hundreds of years ago by the first inhabitants.

You might also want to visit the four main urban attraction points, the capital, Murcia, which is great for those who love nightclubs, drinks on a terrace and visiting some museums. There is Cartagena, not to be confused with the city by the same name in Colombia, which is the first place the Romans ever got to in the Iberic peninsula, it has more than 3.000 years of history and its one of the best examples of a contemporary city.

Next up is Lorca, the best place to see monuments, the medieval, renaissance and baroque styles come together in the old town, making for a delightful experience, especially when the Easter Parades are going through.

And at last, Caravaca, one of the five Holy Cities in the world, it’s one of the most common destinations for pilgrims and for those interested in the deep Templar history, there are few other places with such a charm.

 

Planning to invest in the real estate market of Costa Cálida?

There is one short phrase which best describes the real estate market on this coast, “shaky”. This is one of the most visited Costas in Spain, and this means that the prices have always been high in the region close to the Mediterranean but are cheap in lands, at the same time, prices remain on the cheap side, compared to other Spanish regions.

In recent years a new phenomenon appeared on the market, it is known as Airbnb, it’s an app that allows you to contact the locals of a region and rent a space directly from them, either a single room or a whole apartment. The use of this service has become very mainstream in the last few years, which means that now everyone with a phone and WIFI can rent his apartment to tourists eager to pay more than anyone else would because using Airbnb will always be cheaper than a hotel.

This all sounds great until people started to realize that it is more profitable to have a property has a permanent Airbnb than to rent it to the locals. In fact, it is so much more profitable than some wealthy owners purchased entire buildings to turn them into Airbnb, and as such, the demand for housing increased radically, and so did de prices.

But rising prices have never been anything to be afraid of, much the opposite, it’s what investors look for, the problem with Murcia’s market (and many other parts of Spain of that matter) is how likely it is for the market to keep growing at this pace.

And this is not because the demand will suddenly fall, or because of there us a bubble ready to pop, it’s because of governmental intervention. There have been many, many complaints about the rising prices for rent if you can even find a place that is not an Airbnb, and the government started to take notice. It is unclear what will be the next step, but there have been some negotiations about regulating the use of properties as Airbnbs, and some politicians have even talked about banning it altogether.

Now, buying properties in Murcia might be very profitable for many years if the market remains unregulated, and it will probably take a long time before anything gets done through governmental means, but the second the government announces the slightest regulation on Airbnb, the market will most likely drop. This makes for a risky, but also a very profitable investment, it is up to you to decide if the chances are worth the risk. But of course, you could buy your property for long-term: enjoy the region and its wealth while enjoying your holidays there.

 

Check the real estate price evolution of Murcia and Spain since 1995

If you want to read more on this, have a look at our earlier article on Murcia: Murcia, a good city to make a property investment

 

Let’s start with some holidays in Costa Cálida?

A summer house in Murcia is a great choice, not only is it a big enough city that you will always find something to do, but it has a great number of activities to do with children, there are kids parks such as Aqua Natura and Parque de la Seda, natural parks with activities dedicated to children, and enough beaches that you won’t be able to see them all in one summer.

Amongst the most famous beaches there is: Playa de Calblanque, Cala del Pino et Plage Entremares, Portús, Barraca Quemada de La Llana, Amarilla, La Carolina, de Percheles, Baño de las Señoritas, Cala Cortina and Cala Blanca, just to name a few.

Nonetheless, the nearby cities do not offer as many activities and are catering more to grown-ups and people looking for a relaxing trip, some families have even found them boring, to some degree, we advise you avoid going there for more than a day or two if you are more of the adventurous type.

 

Have a quick look at our infographic on Everything you could do in the Costa de la Luz and click on it if you want to download it.

 

 

Our downloadable pdf map on the Costa Calida

 

What about retiring to Costa Cálida?

Costa Cálida, and by extension, Murcia, is one of the best places for a retiree to live, especially if you enjoy warmer climates but you don’t want to go to tropical places like the Caribbean or South Asia.

The most important thing to take into consideration is the importance you give to nature. Costa Cálida is probably the single most beautiful Costa in Spain, form a ecotourists viewpoint. So, if you are looking for a natural paradise, with warm winters and sunny summers, where the beaches are counted in dozens and so are the natural parks, this is the right place for you.

As for infrastructure, well, it certainly could be improved, the nearest highspeed train station is in Alicante, 80 km away from Murcia. However, if you rather travel by plane, you won’t have to look any further than Murcia itself.

But be aware, that Murcia is a somewhat big city, not nearly as big and crowded as Madrid, Barcelona or Valencia, but it has almost half a million citizens, and if you are looking for peace and tranquillity, you would be better off in Cartagena (220.000), Lorca (90.000) or Águila (35.000). Though, you will have to go to Murcia if you want access to things like big Shopping malls and such.

In conclusion

Costa Cálida is, objectively, a great place to be in, you will find many great activities for all ages while real estate prices remain affordable. This is clearly one of the top spots for retirees looking for a place with a tight budget: prices per square meter remain under 1.000€ as of June 2018.

 

Costa Cálida Map information

  • Airports: The closest Airport is Murcia
  • Ave stations: The closest AVE station is Alicante
  • Cities: Murcia (441,000 inhabitants), Cartagena (216,655 inhabitants), Lorca (91,700 inhabitants), Águilas (34,700 inhabitants), Mazarrón (30,700 inhabitants), La Manga (17,000 inhabitants)
  • Unesco sites: – Find all the UNESCO Sites in Spain on our page: “10 reasons why you should buy in Spain”
  • Top beaches: Playa de Calblanque (Cartagena), Cala del Pino et Plage Entremares (La Manga), Playa Portús (Cartagena), Playa Barraca Quemada de La Llana (San Pedro del Pinatar), Playa Amarilla (Águilas), Playa La Carolina (Águilas), Playa de Percheles (Mazarrón), Playa Baño de las Señoritas (Lorca), Cala Cortina (Cartagena), Cala Blanca (Lorca)
  • Kids Parks: Aqua Natura, Parque de la Seda (Murcia)
  • Shopping Malls & Outlets: Centro Comercial Atalayas, Centro Comercial Thader, Centro Comercial Nueva Condomina (Murcia)
  • Traditional & Flea markets: Mercado de Veronicas (Murcia)
  • Top golf courses: Lorca Resort, Condado Alhama Gnk, Hacienda Alamo, La Serena
  • Natural Parks: Cabo de Gata-Níjar Natural Park, Parque Natural De Torrevieja, Sierra de Huétor Natural Park, Sierra Helada Natural Park, Parque Natural de la Serra de Mariola Play with the best golf clubs sets in Spain thanks to our local partner.
  • University: Universidad de Murcia, Universidad Católica San Antonio de Murcia (Murcia)
  • Hospitals: Hospital General Universitario de Murcia, Hospital Mesa del Castillo (Murcia)

Find all our other detailed maps on all the Spanish Costas and the Costa Cálida

Read further on the Costa Cálida and Spain

  1. TOURIST OFFICES:
  2. AIRPORTS: All the Spanish Airports and flights info on the official site of AENA
  3. TRAINS: Renfe website
  4. BEACHES: Where will you find the top beaches in Spain?
  5. GOLFS: What are the top golf courses in Spain? Play with the best golf clubs sets in Spain thanks to our local partner.
  6. KIDS PARKS: Our selection of the Top parks for children in Spain
  7. MUST VISIT IN SPAIN: Our top 5 UNESCO World Heritage Sites in Spain, Find all the Unesco sites in Spain

Find all our other articles and maps on the Spanish Costas:

With our team of more than +100 local real estate partners, HowtobuyinSpain helps foreigners to buy real estate in Spain.

The experts from our network are active in all the fields you need:

  1. Property finders
  2. B&B
  3. Lawyers
  4. Tax
  5. Architects
  6. Money Transfer
  7. Mortgage
  8. Holiday rental management
  9. Insure your Spanish property
  10. Property survey
  11. Renovation

Looking for an expert in the Costa Cálida or in Murcia: Architect, property hunter, lawyer,… in Spain? Ask us directly!

Stéphane and Walter

Senior Analyst and writer at HTBIS

Check the full team at HTBIS here

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https://howtobuyinspain.com/en/best-places-to-visit-in-spain/costa-calida/feed/ 0 Monthly weather statistics for top 20 cities in Spain Monthly Weather Statistics on top Spanish Cities Cartagena 2 Plaza Toros Costa Calida map Know everything on the Costa Calida: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. 5 Reasons to work with our experts in Spain 1. Best Professionals 2. Follow up 3. Competitive pricing 4. Partners 5. Qualitative Check The Spanish Costas Infographics Know everything on the Spanish costas: Airports, AVE stations, Cities and villages, shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographics. Find your real estate partner in Spain Stéphane co-founder of HTBIS
Discover the beautiful Costa Blanca https://howtobuyinspain.com/en/best-places-to-visit-in-spain/costa-blanca/ https://howtobuyinspain.com/en/best-places-to-visit-in-spain/costa-blanca/#respond Mon, 25 Jul 2022 05:35:10 +0000 https://howtobuyinspain.com/?p=5679 Automatic translation from Google translate:   Everything you ever wanted to know about the Costa Blanca   The Costa Blanca is the tourist name for the coastline of the province of Alicante, which runs from Denia to Pilar de la Forada. In total there are 244 kilometres of beaches, coves

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Automatic translation from Google translate:

 

Everything you ever wanted to know about the Costa Blanca

 

The Costa Blanca is the tourist name for the coastline of the province of Alicante, which runs from Denia to Pilar de la Forada. In total there are 244 kilometres of beaches, coves and cliffs. The name “Blanca” refers to the white colour of the houses of the villages inland of the province.

Of course, the Costa Blanca enjoys an average temperature of almost 20 degrees a year with more than 300 days of sunshine per year. This means that you can practically enjoy the beach all year round. To find out more about the weather, check our infographics with the monthly weather statistics of the 18 biggest cities in Spain, of course, you will find Alicante. This area has a unique rural appeal that makes some towns in its interior ideal sites for those seeking greater tranquillity.

 

 

Gastronomy is another of the great attractions of the region. Its variety and tradition can satisfy any palate and demand. The most typical dishes are rice dishes, as well as fish and fresh seafood from municipalities with a long fishing tradition such as Denia and Calpe.

 

View on the city of Alicante from the Castle

The cultural heritage of the Costa Blanca

Its rich culture and heritage are a great wealth attracting a lot of tourists to the region. Along Costa Blanca, many civilisations have passed throughout history as the Iberian, Roman and Arabic. All of them left the area with a great architectural, artistic or literary legacy. The province has a heritage that goes from the prehistoric footprint with the cave paintings of Pla de Petracos, to the Roman and Iberian world with the Lucentum or Alcudia sites. Arab culture may be admired in impressive castles and fortresses.

Demography and transport

The main towns of the Costa Blanca are Alicante (330,000 inhabitants), Elche (225,000 inhabitants), Torrevieja (85,000 inhabitants), Alcoy (60,000 inhabitants), Elda (50,000 inhabitants), Orihuela (80,000 inhabitants), Denia (40,000 inhabitants), Villena (35,000 inhabitants), Santa Pola (30,000 inhabitants) and Benidorm (66,000 inhabitants).

On Costa Blanca, there is an extensive network of roads that connect the region with the rest of the province and Spain, as well as the main important points of the area with each other. The main route is the AP-7 or Autopista del Mediterráneo, which connects the region with Valencia (north) and Cartagena (south) through cities such as Denia, Benidorm, Alicante and Torrevieja. The A7 or Autovía del Mediterráneo goes through a similar route, with the difference that it is free. The N-332 also connects with Valencia and Cartagena, passing through the coast (it crosses all the coastal towns).

Since June 2013, Alicante has been connected to Madrid with the AVE, the Spanish fast train. Also, it is also possible to reach Valencia and Barcelona with the Euromed. Finally, you can move around the area with the Cercanías Alicante- Murcía service.

When it comes to airports, the Alicante-Elche Airport has almost 10 million passengers per year. It is possible to fly to the main Spanish cities such as Barcelona or Madrid, as well as to the most important cities in Europe (keep in mind that there are multiple flights to the United Kingdom, Germany, Holland, Sweden and Russia).

Among the things to visit in Jávea, Calpe and Dénia you surely have the fishing boats and its picturesque urban centres. Not far from the area, you can enjoy the Cabo San Antonio Marine Reserve, a protected area that has a high environmental value. The Marina Baixa region is known for its area of wide and extensive beaches, the main protagonist being Benidorm.
The capital of Costa Blanca, Alicante, also has different places of interest such as an obligatory walk through the port or “El Barrio”, as well as the old city centre.
In the interior of Costa Blanca, you can take a walk along the route of the castles, which crosses towns such as Villena, Biar, Banyeres de Mariola, Petrer or Sax. It is one of the areas in Europe with the most trails.

 

The white beaches of Benidorm

The greatness of the beaches of the Costa Blanca

As you undoubtedly guessed, one of the leading attractions of Costa Blanca is its beaches. Here is a selection of the best ones:

  • La Granadella beach in Jávea: this beach is mainly composed of rocks and gravel, surrounded by pine trees and is very suitable for scuba diving.
  • PlayaCarabassí de Elche: basically composed of golden sand, it stands out for having a nudist area and for its natural environment of great ecological value.
  • La Caleta de Villajoyosa beach: a lonely beach, with not too many people, a good option if what you want is tranquillity. It is composed of gravel, and its calm waters stand out for their transparency.
  • TobaccoBeach: Located on the island bearing the same name, it is known for its marine reserve that hosts high biodiversity of flora and fauna. It can be accessed by boat from Santa Pola, Guardamar, Torrevieja and Alicante.
  • Benidorm’s Levante Beach: They call it the beach of dawn. It is one of the most lively and crowded on the Mediterranean coast.
  • Racóde l’Albir beach in Alfaz del Pi: Composed of gravel and clean water, it is a good option for water sports.
  • Marineta Beach Casiana de Denia: It is a beach of dark sand and calm waters, which is situated in a semi-urban area and has a beautiful promenade.
  • La Fossa de Calpe Beach: Located in a bay between cliffs, from it you can see the natural park of Peñón de Ifach, which is the symbol of Costa Blanca.
  • Playa la Roda de Altea: This is a pebble beach, with calm waters and moderate waves. It is a beach that is usually quieter than sandy beaches.
  • El Postiguet beach in Alicante: Located in the heart of the city of Alicante. It has golden sand and calm waters. Also, it is located at the foot of the Santa Bárbara Castle and next to the Paseo de la Explanada.

 

Find all the useful information on the Costa Blanca

Find everything on the Costa del Blanca: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check out our infographic.

Download our map on the Costa Blanca

 

Festivities on the Costa Blanca

The most famous and widespread party in the area is the festival of Moors and Christians, a tradition extended since the sixteenth century which has its greatest exponent in Alcoy and Villajoyosa. In this part, battles are recreated between the two fronts.

The cult of fire is evident in the celebration of the Bonfires of San Juan (June 23) in Alicante.

Elche also dresses up in the parties of the Nit del Albà which are the high point of the fire cult with the launching of rockets.

Nor should we forget the traditional Cabalgata de Los Reyes Magos (5th of January) in Alcoy, considered the oldest in Spain when it began in 1885, in which the pages access the houses through long stairs to deliver the gifts.

 

Are you going on a city trip to Alicante?

Read our infographic we wrote on the cultural wealth of Alicante.

 

The real estate market on the Costa Blanca

As in the rest of the country, 2017 was the year when the prices of flats have begun to stabilise, although still far from their historical maximums, most prices are still 40% below the historical peak recorded.

As for the prices per square meter, these are between 1,000 and 1,500 € depending on the population, for example, in Alicante or Villajoyosa prices are closer to € 1,000, while in Benidorm, Altea or Torrevieja are around € 1,500.

As far as foreign investment is concerned, according to Manuel de Elías of the real estate firm Housealicante,

“the British are the ones who buy the most, although it is yet to be seen what effect Brexit will have when it becomes a reality. They are followed by French, Belgians and Swedes. ” He adds that “many foreigners buy apartments for second homes in the centre of Alicante, and also in areas of beaches and the Gran Alacant.”

Earlier this year, we wrote this article on Alicante: Alicante: the Spanish pearl

Before booking your holidays in Spain, check our monthly weather statistics for Alicante.

 

Discover the best new build projects in Alicante available right now

3 beds 3 baths 177 m²
3 beds 2 baths 84 m²
2 beds 2 baths 72 m²
2 beds 2 baths 73 m²
3 beds 2 baths 85 m²
2 beds 2 baths 71 m²
2 beds 2 baths 80 m²
3 beds 2 baths 88 m²
3 beds 2 baths 100 m²
2 beds 2 baths 76 m²
3 beds 2 baths 97 m²
2 beds 2 baths 81 m²

Check the real estate price evolution for Alicante and Spain since 1995

 

Read more: Real estate prices in Alicante and the Costa Blanca property prices available in our Spanish property report updated quarterly.

Are you looking for a local partner to buy on the Costa Blanca? Don’t look further check our team and ask us for the correct contact.

1. Best Professionals 2. Follow up 3. Competitive pricing 4. Partners 5. Qualitative Check

Costa Blanca Infographic information

  • Airport: Alicante-Elche
  • Ave stations: Alicante
  • Cities: Alicante (330,000 inhabitants), Elche (225,000 inhabitants), Torrevieja (85,000 inhabitants), Alcoy (60,000 inhabitants), Elda (50,000 inhabitants), Orihuela (80,000 inhabitants), Denia (40,000 inhabitants), Villena (35,000 inhabitants), Santa Pola (30,000 inhabitants) and Benidorm (66,000 inhabitants)
  • Unesco sites: Palmeral of Elche (2000), Find all the UNESCO Sites in Spain on our page: “10 reasons why you should buy in Spain”
  • Top beaches: Poniente Beach (Benidorm), Playa de la Fossa o Levante (Calpe), Arenal Beach (Javea), Las Salinas de Torrevieja (Torrevieja), Promenade of Calpe (Calpe), Guardamar Moncayo Beach (Guardamar del Segura), Cala Finestrat Beach (Finestrat), Playa del Albir (El Albir), Playa El Carabassi (Elche), Cala del Moraig (Benitachell), Playa de Guardamar (Alicante), Altea Beach (Altea), Playa L’Ampolla (Moraira)
  • Kids Parks: Aqualandia, Terra Mítica (Benidorm), Aquopolis Torrevieja (Torrevieja)
  • Shopping Malls & Outlets: La Marina Centro Comercial (Benidorm), The Outlet Stores Alicante (Alicante), El Corte Ingles (Alicante), Centro Comercial Plaza Mar 2 (Alicante), Centrol Comercial Panoramis (Alicante), Centrol Comercial Gran Via (Alicante), Centrol Comercial Puerta de Alicante (Alicante)
  • Traditional & Flea markets: Mercardo Central (Alicante), Moraira market (Moraira), The Indoor Market (Benidorm)
  • Top golf courses: Oliva Nova (Oliva Nova), Las Ramblas (Torrevieja), Font del Llop Golf Resort (Alicante), Club De Golf Bonalba (Mutxamel), Javea Golf Club (Javea), Altea Club de Golf (Altea la Vella) Play with the best golf clubs sets in Spain thanks to our local partner.
  • Natural Parks: Parc Natural Ses Salines d’Eivissa i Formentera, Sierra Helada Natural Park, Parc Natural de la Marjal de Oliva-Pego, Parc Natural de la Serra de Mariola, Parc Natural del Montgó, Parque Natural del Penyal d’Ifac, Parque Natural el Hondo, Parque Natural del Carrascal de la Fuente Roja, Serra de Mariola, Paisatge Natural Protegit Serra del Maigmó i Serra del Sit, Parque Natural de las Salinas de Santa Pola, Parque natural de las Lagunas de La Mata y Torrevieja, Barranc De Les Selines, Cap de Sant Antoni
  • University: Universidad de Alicante (Alicante)
  • Hospitals: Hospital Clínica Benidorm (Benidorm), Hospital Vithas Internacional Medimar, Hospital General Universitario de Alicante, Hospital Vithas Perpetuo Socorro (Alicante)

Read further on the Costa Blanca and Spain

  1. TOURIST OFFICES:
  2. AIRPORTS: All the Spanish Airports and flights info on the official site of AENA
  3. TRAINS: Renfe website
  4. BEACHES: Where will you find the top beaches in Spain?
  5. GOLFS: Reread our Summer paper on the subject What are the top golf courses in Spain? Play with the best golf clubs sets in Spain thanks to our local partner. Check the Spanish Federation here: Looking for a Golf Club in Spain?
  6. KIDS PARKS: Our selection of the Top parks for children in Spain
  7. MUST VISIT IN SPAIN: Our top 5 UNESCO World Heritage Sites in Spain, Find all the Unesco sites in Spain

 

Find all our other articles and maps on the Spanish Costas:

With our team of more than +100 local real estate partners, HowtobuyinSpain helps foreigners to buy real estate in Spain.

The experts from our network are active in all the fields you need:

  1. Property finders
  2. B&B
  3. Lawyers
  4. Tax
  5. Architects
  6. Money Transfer
  7. Mortgage
  8. Holiday rental management
  9. Insure your Spanish property
  10. Property survey
  11. Renovation

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior Analyst and Strategist at HTBIS

Check the full team at HTBIS here

FOLLOW US

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https://howtobuyinspain.com/en/best-places-to-visit-in-spain/costa-blanca/feed/ 0 alicante-1549525_1920 benidorm-2555050_1920 Costa Blanca map Find everything on the Costa del Blanca: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. 5 Reasons to work with our experts in Spain 1. Best Professionals 2. Follow up 3. Competitive pricing 4. Partners 5. Qualitative Check The Spanish Costas Infographics Know everything on the Spanish costas: Airports, AVE stations, Cities and villages, shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographics. Find your real estate partner in Spain Stéphane co-founder of HTBIS
Spanish real estate outlook 2022 https://howtobuyinspain.com/en/buy-property-in-spain/spanish-real-estate-outlook-2022/ https://howtobuyinspain.com/en/buy-property-in-spain/spanish-real-estate-outlook-2022/#respond Fri, 17 Dec 2021 10:18:33 +0000 https://howtobuyinspain.com/?p=22923 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   Spanish real estate outlook 2022   Don’t miss our Spanish real estate outlook 2023, it is just out and it will give you a

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Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

 

Spanish real estate outlook 2022

 

Don’t miss our Spanish real estate outlook 2023, it is just out and it will give you a better analysis than this article written one year ago.

 

The positive of this Covid crisis is that people want, more than ever, to spend their time efficiently and live the life they want… No more lost time. As Confucius said: “We have two lives, and the second begins when we realize we only have one.” So, Let’s go back to “The” essential: Yourself! Because you are at the centre of your life: whatever your pursuit is! Have a look at our detailed article for more on that. We stopped as well to study what experts are telling us about happiness: Your 7 positive life changes after the Coronavirus.

Last but not least, due to Covid, we all had this feeling of losing liberty. We all want to get it back and enjoy life 300%, don’t we?

 

In this environment, Spain has a lot to offer to Spaniards, foreigners and remote workers: a high quality of life. Actually, Spain is one of the best places to relocate and work remotely thanks to 320 days of sun and of course the cheap cost of living in Spain.

 

We are optimistic about the outlook for the real estate market in Spain in 2022. While we have to admit that the comeback of the Spanish real estate market (and everywhere in the world) was quicker and stronger than we expected. But if we compare it to international markets, the rise is reasonable and not speculative.

 

 

Why are we optimistic about Spanish property prices in 2022?

 

We observe a very healthy market: property prices are rising not too aggressively because we have a lot of activity spread everywhere in Spain:

everyone, according to their own financial means, will try to improve their living conditions.

Both Spaniards and foreigners want to improve their daily life in the current environment:

get a better home: more space inside and outside and more light, and for those who can afford it, buying a second home outside city centres and with a nice weather (foreigners) is ideal to relax once work is done, or even better, why not work from my second home?

That is why we are optimistic for 2022: everybody is active to improve his own living conditions: people with high-end budgets go for more space either in cities or outside city centres and by doing so they allow others with smaller budgets to do the same… and so on to the small apartments in the city centres.

So, our view is that prices could surprise on the upside and rise between 3% and 6%!

 

Many positive elements for the Spanish real estate market in 2022

 

What are the current experts forecasts for the Spanish property market?

 

Are there any major downside risks?

The biggest risks we see for the time being are:

  • Central banks in the world are getting less aggressive at providing the markets with liquidity: the Fed, the ECB,…
  • Long term interest rates spiking
  • Inflation is spiking everywhere and the central banks could decide to get more aggressive
  • The Chinese economy is dependent on the evolution of the real estate developer Evergrande.
  • The consumer could not afford inflation anymore.

 

Are we in a real estate bubble in Spain?

Many experts don’t think so as:

  • The portion of real estate vs income is not excessive for most Spaniards
  • Leverage is not excessive
  • Building companies have less leverage
  • The number of new build properties coming to the market is not excessive.

Here is another article to read more on that: Are we in a property bubble in Spain?

 

What are ideal property search criteria?

 

We need to differentiate locals from foreigners.

Let’s start first with foreigners. Foreigners are searching either for a second home or a place to retire.

 

What are the property criteria demanded by foreigners in a post-Covid-19 world?

  • close to the beach,
  • maximum a one-hour drive from an airport,
  • more rooms and a bigger property as foreigners will be more often at their second home,
  • some private outside space: terrace, garden, a pool,
  • close to sports and children’s facilities,
  • restaurants and shops nearby,
  • a nice view,
  • not too far from the city centre, but not inside!

As said, we expect a strong pick up of activity by foreigners on all the major Spanish Costas in 2022.

 

Our ultimate guide to buying your Spanish property

 

Have a look at our interesting articles on the subject: Our ultimate guide to buying your property in Spain is our major guide on the subject but you can find dedicated articles as well:

 

Spaniards will remain the biggest driving force on the Spanish property market.

As there is a lot of diversity and the market is very big, we see everywhere in the world that second-tier cities are getting some nice activity, both in terms of transactions and pricing.

 

What are the property criteria for Spaniards in a post-Covid world?

  • bigger private places inside and outside to play for the children,
  • more private places to work and to have a social life at home,
  • a lot more natural light as we are living 24/24 at home 4 days a week.

So, here is the real choice Spaniards will need to make: space vs commuting time, luckily, thanks to the Coronavirus, homeworking could become more the norm than before. That is why Spaniards are moving outside city centres to get more space inside and outside at a cheaper price.

 

Have a look at our interesting articles on the subject:

 

Looking for a local property hunter, a local lawyer, … any expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

 

FAQ on the subject

Is it a good time to buy property in Spain 2022?

Yes, for sure, as you can see, prices are rising since 2014 but are far from the top of 2008. Returns are healthy and not excessive while financing remain low. Read more in our paper.

Are property prices in Spain falling?

No prices are not falling anymore in Spain. Real estate prices are rising since 2014 and remain far from the top: current average price per square meter in Spain is €1662 (end September 2021).

Can I get residency in Spain if I buy a house?

It depends if you are part of EU or not and if you have enough financial means to live. If you are not from EU countries, there are solutions, have a look at our article about the golden visa.

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https://howtobuyinspain.com/en/buy-property-in-spain/spanish-real-estate-outlook-2022/feed/ 0 New build properties in Spain Cash Back The ultimate guide to buying your Spanish property Stéphane co-founder of HTBIS
Costa Blanca property investment: a holiday home in Calpe – Alicante https://howtobuyinspain.com/en/buy-property-in-spain/property-finder-spain/calpe-holiday-home/ https://howtobuyinspain.com/en/buy-property-in-spain/property-finder-spain/calpe-holiday-home/#respond Thu, 01 Apr 2021 10:09:31 +0000 https://howtobuyinspain.com/?p=20881 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten In order to get closer to the market in the Costa Blanca, we asked our independent local property finder, Valérie, to write about her latest

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Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

In order to get closer to the market in the Costa Blanca, we asked our independent local property finder, Valérie, to write about her latest activity there. Should you need more information, we will put you in touch with her, she is our local independent partner of howtobuyinSpain.

 

Case Study: A holiday home in Calpe – Alicante

 

First, let’s discover the Costa Blanca

With more than 240 kilometers of coastline, the Costa Blanca region has many activities attracting tourists from all over the world. Its mild Mediterranean climate offers more than 300 days of sunshine to fully enjoy its magnificent beaches and the various nautical activities. Check the weather statistics of any Spanish city here. The historical and cultural heritage of the Costa Blanca has nothing to do to envy the neighbouring regions: it has magnificent natural spaces and architecture classified as UNESCO World Heritage Site. Its lively nightlife during the high season provides the region with an unparalleled atmosphere and makes it a tourist mecca.

To discover more about the Costa Blanca, read our paper: Everything you should know about the Costa Blanca.

Calpe is well know for second homes

Calpe is in the north of Altea and South of Moraira. It is well known for second homes. You will find modern buildings and classic Spanish houses. Calpe has a big community of retirees and by such has a lively community 12 months per year. Of course, summer months are more active as any coastal city in Spain.

 

White houses in Altea, South of Calpe

 

What is the current situation for the real estate market in this region?

Whether it is a purchase to spend your retirement, a family second home or an acquisition of real estate for rental purposes, the investment in this region appears to be a very interesting option because the prices per square meter remain attractive to this day. With some natural, historical and modern landscapes the Costa Blanca attracts investors from all over the world and from Spain.
Ideally located, Calpe is close to the region’s reference cities (at only 24 kilometers from Benidorm and 63 kilometers north of Alicante) and access is available easy via the road and motorway network, the train or even the international airport of Alicante-Elche (less than an hour’s drive). Calpe’s real estate market provides a considerable and diversified choice with many old dwellings but as well many recent builings that will meet the needs of future owners.

 

Here is a quick look at the real estate price evolution in Alicante, the capital of the province, over the last 20 years

  • Real estate prices in Alicante: €1.292 /m² (Dec 2020), -1.7% vs last year
  • Transactions for Alicante were weak in 2020 due to the Covid: 34.733 -18% vs last year

 

Objective with the property

Rental investment and to enjoy Spain some weeks per year.

 

Buyer profile

A french couple with 3 children

Property description

A three storey building with fantastic sea- view. The property is composed by 3 independent flats, each one with its own entrance. The flats have a kitchen, a dining and living room, 2 or 3 bedrooms, 2 bathrooms and a large balcony facing the sea.
The house is on a plot of 550 square meters with different private terraces, a barbecue area and a swimming pool.

Beautiful sleeping room with cement tiles

Neighbourhood

The property is situated in Maryvilla, a very peacefull neighbourhood located
about 5 minutes drive from the city center of Calpe and the beach.

Terrace sea views on the “Peñon de Ifach” which is sometimes called “the little Gibraltar”

 

Budget

The customers had a budget in mind of 290.000€

 

How do we help you?

Carrying out work in a property is often synonymous with anxiety for the owner of the premises. We are aware of this and we manage for some of our customers on site renovation with local teams and make sure it runs smoothly.

Investing in a property to be renovated requires the assurance of being accompanied by professionals with a perfect knowledge of the market and the profession.
On the one hand, after having found the ideal property corresponding to the expectations of our customers, we guarantee the buyer peace of mind throughout the entire process by providing him with the competent companies with which it has already collaborated in order to take into account the loads the work to be done.
On the other hand, we also offer our customers the possibility to budget the amount of work by drawing up a precise diagnosis and making various estimates in order to have an overview and to allow the total amount of the property to be assessed after works. In addition to that, in order to offer maximum peace of mind to buyers, the agency can also take care of the entire administrative aspect of the process (authorizations, permits,…). Time and deadline management is a priority for us, which ensure to supervise the process and can set up, thanks to its partner law firm, a contract between the agency and the company carrying out the work in order to provide the ideal protection conditions and get an exhaustive execution of the latter (precise estimate, completion date, etc.).

Adding contractual penalties in the event of partial non-performance or delay of the contractual agreement due by the service provider company, is as wel part of the job
We are committed to supporting our customers before, during and after the purchasing process in order to provide a complete service and ensure regular follow-up to enable buyers to make a successful and secure transaction with complete peace of mind.

 

Ask our network at HowtobuyinSpain.com

In addition to our local property finders, How to buy in Spain as developed a network of local renovation teams.

If you are looking to buy in Spain, we would suggest that you read our earlier paper on Property hunting: 6 essential reasons for loving your Spanish real estate shopper. This paper is very interesting and gives you some of the important reasons why working with a property hunter is very useful for foreigners looking to buy in Spain. You will find specific samples our independent local partners worked on in Alicante, Valencia, Barcelona and Madrid. Here are our other “Case study” written on Madrid, Barcelona and Tenerife: Property hunting “Case study” in Madrid, Property hunting “Case study” in Barcelona and Property hunting “Case study” in Tenerife written by our local independent property finders.

Valérie, our local independent Property finder in Costa Blanca

 

Looking for a property hunter, a lawyer, an architect,… a local expert in Spain? Ask our network of independent local experts directly!

 

Valérie

Property finder in the Costa Blanca

Local independent partner of HTBIS Network

Check the full team of HTBIS or check our independent local partners

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https://howtobuyinspain.com/en/buy-property-in-spain/property-finder-spain/calpe-holiday-home/feed/ 0 Costa Blanca Small map Know everything on the Costa Blanca: its Airports, its AVE stations, its Cities and villages, its shopping places: Traditional & Flea markets, Outlets and shopping malls. What should you visit? The Unesco sites, the parks for kids, the green parks, the golf courses, the universities and last but not least the top beaches. Check our infographic. altea b7d27058-82c5-47a9-bf26-580765da0041 4bc0734b-b8c9-48c7-9f43-6a0cab172537 27689a40-7aa8-4820-a3f0-d9e9a9d609b7 Valérie-Small-1-150×150
Where are the new build properties in Spain? https://howtobuyinspain.com/en/buy-property-in-spain/new-build-in-spain/new-build-properties-spain/ https://howtobuyinspain.com/en/buy-property-in-spain/new-build-in-spain/new-build-properties-spain/#respond Mon, 19 Oct 2020 13:16:56 +0000 https://howtobuyinspain.com/?p=3978   Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten :   Discover the new build properties available from trusted developers in our network and buy them at zero extra cost. How many new

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Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten :

 

Discover the new build properties available from trusted developers in our network and buy them at zero extra cost.

How many new build properties could you find in Spain?

Where are the new build properties in Spain?

 

The “Ministerio de Fomento”, just released the number of unsold new homes in Spain: it is 457,000 at the end of 2019 vs 460,000 end of 2018. Earlier, it was quite higher: with 477,000 new build in 2017 and 492,000 at the end of 2016.

So the number of new build properties waiting to be sold in 2019 is only slightly lower than in 2018.

In Spain, you have a total of 25 million homes in total, so this means about 1.8% of all the properties existing in Spain are unsold new build properties .

Find this statistic always updated in our “real estate Returns and Mortgages in Spain” table.

As we wrote in one of our earlier paper, buying a new build property has many advantages: What are the advantages of buying a new build property in Spain?

 

Have a look at the evolution of Unsold New Homes in Spain since 2005

 

In which Spanish regions will you find the most Unsold New Homes in 2019?

Have a look at our chart: the Valencian Community, Catalonia and Andalusia are the 3 biggest regions and represent 50% of the new build properties!

 

You will find those two charts with many others always up to date in our “Must see charts about the Spanish real estate market” page.

 

Discover the best new build projects in Spain available right now

2 beds 1 bath 61.3 m²
2 beds 2 baths 61.3 m²
3 beds 3 baths 191 m²
3 beds 2 baths 109 m²
2 beds 2 baths 97 m²
3 beds 2 baths 114 m²
3 beds 2 baths 106 m²
2 beds 2 baths 83 m²
3 beds 2 baths 103 m²
2 beds 2 baths 90 m²
2 beds 2 baths 83 m²
3 beds 2 baths 98 m²
2 beds 2 baths 90 m²
2 beds 2 baths 81.7 m²
3 beds 2 baths 101.9 m²
3 beds 2 baths 119.8 m²
3 beds 2 baths 129.2 m²
3 beds 2 baths 106.9 m²
2 beds 2 baths 88.9 m²
3 beds 2 baths 106.9 m²
3 beds 3 baths 177 m²
3 beds 2 baths 84 m²
2 beds 2 baths 72 m²
2 beds 2 baths 73 m²
3 beds 2 baths 85 m²
2 beds 2 baths 71 m²
2 beds 2 baths 80 m²
3 beds 2 baths 88 m²
3 beds 3 baths 162 m²
3 beds 2 baths 220 m²
3 beds 2 baths 100 m²
2 beds 2 baths 76 m²
3 beds 2 baths 97 m²
2 beds 2 baths 81 m²
3 beds 2 baths 123 m²
2 beds 2 baths 154 m²
3 beds 2 baths 116 m²
3 beds 2 baths 149 m²
3 beds 2 baths 133 m²
2 beds 2 baths 87 m²

 

Which cities have the biggest percentage of New build homes for sale in Spain in 2019?

  • Madrid 9.5%
  • Barcelona 9%
  • Alicante 8.2%
  • Castellón 5.4%
  • Valencia 4.7%
  • Murcia 4.5%
  • Toledo 4.5%
  • Almería 3.8%

 

Which cities have the most New build homes on the market vs the total number of existing homes?

  • Castellón 5.8%
  • Toledo 4.9%
  • (La) Rioja 4.4%
  • Almería 4.3%
  • Ciudad Real 3.9%
  • Lleida 3.8%
  • Santa Cruz de Tenerife 3.2%
  • Alicante 2.9%

 

The two most active regions in Spain in 2019?

  1. The Basque Country: -15%
  2. The Balearic Islands: -13%

 

Here is the full overview per region:

Cities 2018 2019 Evolution
Andalusia 69327 67585 -2.5%
Aragon 13085 12736 -2.7%
Asturias 10084 10300 2.1%
Balearic Islands 9290 8097 -12.8%
Canary Islands 29237 30254 3.5%
Cantabria 0 0
Castile and León 32079 31703 -1.2%
Castilla-La Mancha 39998 39645 -0.9%
Catalonia 73048 75685 3.6%
Valencian Community 86137 83577 -3.0%
Extremadura 0 0
Galicia 21870 20827 -4.8%
Madrid (Community of) 40145 43283 7.8%
Region of Murcia 21222 20388 -3.9%
Navarre 0 0
Basque Country 3747 3190 -14.9%
La Rioja 8981 8985 0.0%
Ceuta & Melilla 1626 854 -47.5%
TOTAL 459876 457109 -0.6%

As a reminder, here was the situation in 2018

The main difference between 2019 and 2018 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties apart for Ceuta and Melilla.

 

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2018?

  • Madrid 8.7%
  • Alicante 8.6%
  • Barcelona 8.3%
  • Castellón 5.4%
  • Valencia 4.8%
  • Murcia 4.6%
  • Toledo 4.5%
  • Almería 4%

 

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2018

  • Castellón 6%
  • Toledo 4.9%
  • Almería 4.6%
  • Rioja 4.4%
  • Ciudad Real 3.9%
  • Lleida 3.8%
  • Castilla-La Mancha 3.1%
  • Alicante 3%
  • Santa Cruz de Tenerife 3%
  • Teruel 2.8%
  • Girona 2.7%
  • Murcia 2.7%

 

Here was the situation in 2017

The main difference between 2018 and 2017 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties apart for Ceuta and Melilla.

 

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2017?

  • Madrid 8,6%
  • Alicante 8,5%
  • Barcelona 8,3%
  • Castellón 5,4%
  • Valencia 4,8%
  • Murcia 4,6%
  • Toledo 4,4%
  • Almería 4%

 

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2017

  • Castellón 6%
  • Toledo 5,%
  • Almería 4,7%
  • Rioja 4,5%
  • Ciudad Real 4%
  • Lleida 3.9%
  • Alicante 3,1%
  • Santa Cruz de Tenerife 2,9%
  • Girona 2,8%
  • Murcia 2,8%
  • Teruel 2,7%

Here was the situation in 2016

The main difference between 2017 and 2016 is a slight decrease for nearly all the cities and the regions in terms of stock of unsold properties.

Which cities have the biggest percentage of Newbuild homes for sale in Spain – Situation in 2016?

  • Alicante 8,6%
  • Madrid 8,5%
  • Barcelona 8,1%
  • Castellón 5,3%
  • Valencia 4,9%
  • Murcia 4,7%
  • Toledo 4,5%
  • Almería 4%

 

Which cities have the most Newbuild homes on the market vs the total number of existing homes? – Situation in 2016

  • Castellón 6,2%
  • Toledo 5,2%
  • Almería 4,9%
  • Rioja 4,6%
  • Ciudad Real 4,2%
  • Lleida 4%
  • Alicante 3,3%
  • Murcia 2,9%
  • Santa Cruz de Tenerife 2,9%
  • Girona 2,9%
  • Teruel 2,7%

 

Are you looking for a new build property from a qualitative developer?

Discover the best new build projects in Spain available right now

2 beds 1 bath 61.3 m²
2 beds 2 baths 61.3 m²
3 beds 3 baths 191 m²
3 beds 2 baths 109 m²
2 beds 2 baths 97 m²
3 beds 2 baths 114 m²
3 beds 2 baths 106 m²
2 beds 2 baths 83 m²
3 beds 2 baths 103 m²
2 beds 2 baths 90 m²
2 beds 2 baths 83 m²
3 beds 2 baths 98 m²
2 beds 2 baths 90 m²
2 beds 2 baths 81.7 m²
3 beds 2 baths 101.9 m²
3 beds 2 baths 119.8 m²
3 beds 2 baths 129.2 m²
3 beds 2 baths 106.9 m²
2 beds 2 baths 88.9 m²
3 beds 2 baths 106.9 m²
3 beds 3 baths 177 m²
3 beds 2 baths 84 m²
2 beds 2 baths 72 m²
2 beds 2 baths 73 m²
3 beds 2 baths 85 m²
2 beds 2 baths 71 m²
2 beds 2 baths 80 m²
3 beds 2 baths 88 m²
3 beds 3 baths 162 m²
3 beds 2 baths 220 m²
3 beds 2 baths 100 m²
2 beds 2 baths 76 m²
3 beds 2 baths 97 m²
2 beds 2 baths 81 m²
3 beds 2 baths 123 m²
2 beds 2 baths 154 m²
3 beds 2 baths 116 m²
3 beds 2 baths 149 m²
3 beds 2 baths 133 m²
2 beds 2 baths 87 m²

 

Another interesting source to find properties could be Spanish bank repossessions: have a look at the paper we wrote on that subject: Spanish bank repossessions: Your ultimate guide to 120.000 properties

 

Source: Spanish-Ministerio de Fomento.

 

Looking for an expert in Spain: a lawyer, a property hunter, tax experts, architects,…? Ask us directly!

 

 

 

 

 

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

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The Spanish Housing Market post-Covid-19 https://howtobuyinspain.com/en/buy-property-in-spain/spanish-housing-market-post-covid-19/ https://howtobuyinspain.com/en/buy-property-in-spain/spanish-housing-market-post-covid-19/#respond Mon, 11 May 2020 15:11:07 +0000 https://howtobuyinspain.com/?p=19693 Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten   The Spanish Housing Market post-Covid-19: Our in-depth analysis.   This article is the fourth one, and the core of our analysis, of our dedicated

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Click on any flag to get an automatic translation from Google translate. Some news could have an original translation here: News Nouvelles Nieuws Noticias Nachrichten

 

The Spanish Housing Market post-Covid-19: Our in-depth analysis.

 

This article is the fourth one, and the core of our analysis, of our dedicated reports on the Coronavirus, here is our introduction paper: What are the impacts of Coronavirus on the Spanish real estate?

Prices will come down as the economy slows. We should switch from a strong seller’s market, which means a market where sellers have the last word, to a buyer’s market, where the buyers will have the last word.

A lot of changes will take place in the Spanish real estate market in a post-Covid-19 era, here is a quick summary of our insights:

  • Fewer transactions for 1.5 years, around -20% in 2020
  • The Path to recovery will be economy dependent
  • Spaniards will be more “picky” when looking for housing
  • New criteria will become more important for house searching: space (inside and outside) and light, two scare attributes in city centres
  • Madrid, Barcelona, Bilbao, and Santander should remain the strongest markets
  • Spanish coasts and tourist areas could suffer more short term due to lower demand and higher supply
  • Some foreigners could decide to relocate in Spain

Of course, an important question remains for many of our international readers: when will the travel ban be removed?

 

In this article, we will review the impacts of the Coronavirus on the Spanish Housing Market and analyse in detail:

So let’s start.

 

 

 

What are experts’ expectations for the Spanish housing market in 2020 and 2021?

 

Is the real estate market in Spain back to “business as usual”?

Our understanding is that real estate agents will reopen doors on the 11th of May for general business.

 

What real estate business changes will be due to Covid-19?

Of course, one of the first impacts was that all house viewings were cancelled as the real estate market was frozen for two months in Spain.
A backlog of pending transactions has to be resorbed as well.

Two big trends will be seen midterm in the real estate industry

  1. The digitalisation of the industry will accelerate. We are happy to be part of this as we facilitate the purchase of Spanish properties with our network of local partners. Of course, we are strong believers in this trend of online business facilitating transactions: real estate agents will create 3D showings, electronic signing of documents will become more common, and many other possible changes

 

  1. To keep business running, the industry will have to put sellers and buyers at ease by taking measures to increase safety:
    • Precautions should be taken during any interaction with people: this means, in the office or during viewings: social distancing, wearing masks, and of course regular sanitising…
    • Meetings will be organised on an individual basis to eliminate groups of people coming into contact
    • Viewings should be well prepared: unoccupied homes, masks and hand gel provided, lights already turned on, doors all open (even for closets) so that no touching is needed
    • Signing meetings could place clients and employees in separate rooms and connect them via a video meeting
    • Sellers could have a difficult time with strangers coming into their home if they are still living in it

 

In short, this means that the industry will have to invest more into IT tools, and people as sales will evolve and be more challenging. The estate agent will need confidence from the sellers and the potential buyers. It will take much more time than before Covid-19, and in the beginning it will require more resources.

 

To conclude on the real estate business changes due to Covid-19: easy times are done for the industry: it will take more time to get a seller, to get buyers, and to make it happen. While there is a lot of uncertainty in the present world, one thing that is certain is that any step will be much more time consuming now, than before.

 

 

Experts’ expectations for Spanish housing market in 2020 and 2021

In 2019, 501.085 residential transactions took place in Spain.

 

Unsold new homes

A quick look at the supply side of new homes to the market as this was the main issue in the 2008 crisis. The number of unsold new homes in Spain is 460,000 as of the end of 2018. (most recent data available). Read more here: Where are the new build properties available in Spain?

As 25 million homes exist in Spain, it means that about 1.8% of all the properties are unsold newly built properties. Find this statistic always updated in our “real estate Returns and Mortgages in Spain” table.

Experts expect 25% fewer transactions in 2020 and see prices decreasing up to 15% as written by eleconomista.es. Bankinter’s analyst, Juan Moreno, published on the 27th of April an article in which he estimates that the price of housing in Spain will fall by around 6%.

 

Our insights on the Spanish real estate market

 

On the demand side

The housing market will not go unscathed, as consumer confidence and a strong labour market are the two essential elements in the decision to purchase a home.

Fewer buyers will come to the market than before:

  • Spaniards will be less active to buy homes due to the weak economy
  • As prices have risen steadily for the last six years nearly everywhere in Spain, buyers are afraid to pay top prices, we think this fear will vanish quickly IF the economy recovers
  • Some Spaniards will want to buy a new home fitting with their new priorities, which means most of the time either buying “higher quality” housing in the city centres (bigger with outside space) or outside the city centres if they can’t afford it (but within acceptable commuting time)
  • Wealthy Spaniards will reassess their situation and will look for bigger properties or buy second homes outside the city centres.
  • Fewer transactions by foreigners short-term due to the travel ban and midterm due to the slowing economy in their home country: buying a holiday home is not an “essential” economic decision and as such will be postponed
  • Some foreigners could decide to relocate to Spain to enjoy a higher quality of life
  • Cash-rich investors will take advantage of opportunities (Spaniards and foreigners)

Read our to dedicated papers on that subject:

 

On the supply side

More sellers will come to the market than before:

  • Sellers from victims’ family of the Coronavirus
  • Forced sellers due to the slowing economy induced by the lockdown and the travel ban
  • Some Spaniards will sell their existing home for a “better” home: more light, more inside space, more outside space (terrace, garden,…) which means most of the time sell “low quality” housing in the city centres
  • Sellers who are waiting due to the lockdown will be keen to sell as soon as possible
  • As seen above, the supply of new homes is more reasonable than in 2008 but remains important

 

Related: What are the impacts of Coronavirus on the Spanish Economy?

 

Price evolution

Sellers that have to sell quickly will need to change their mind regarding price, vs before the crisis, and what is going get deals done. Have a look at our next section: Which Spanish real estate markets will thrive in a post-Covid-19 world? for a detailed analysis by region.

Of course, this should give a negative short term bias to official property prices. Midterm, the economy will tell us in which direction the real estate prices will go. We think that the trend should remain negative up until the end of 2021.

Two strong positives to keep in mind:

Don’t miss our quarterly update on the Spanish property prices for all the top 20 Spanish cities.

 

 

Which Spanish real estate markets will thrive in a post-Covid-19 world?

 

Madrid, Barcelona, Valencia, Bilbao, Santander real estate markets

Yes, in the short term after the easing lockdown measures some people will be tight on cash or will need to move on and be willing to sell at a discount. For example we expect a maximum discount of 10% in Barcelona and Madrid city centres, and maybe a little more for other cities to get a quick deal done. Please remember that those markets were strong earlier on this year and benefited from a healthy (not crazy) rebound since the bottom of 2014.
There could be a real demand for rural properties outside cities with up to a 1-hour commute. They will benefit from people looking for more space while working in those 5 cities.

 

Prime residential real estate in Madrid, Barcelona, Valencia

We see a very minor impact for premium properties in those cities as supply is low and demand should remain high.

 

Interest from both wealthy Spaniards and foreigners.

Wealthy people are reassessing their life choices and going for more private spaces: Wealthy Spaniards will want to get more space as residential units are “small” even by their standards due to historic constructions in city centres.

Wealthy foreigners will reassess their life priorities as well and could decide to get more sun and buy a nice property in Spain.

Don’t forget as well, that the current prices remain very competitive in comparison to European international cities. Read our Spanish property analysis for more on that.

 

Valencia

 

The specific case of the fast train “AVE” cities: Valencia, Alicante, Barcelona and Malaga

During our last two visits to these cities, we confirmed fast train accessibility with our local partners. Thanks to the fast Train accessibility, the “AVE”: 1h46 for Valencia, 2h21 for Alicante, 2h45 for Barcelona and 2h38 for Malaga; these three cities are gaining traction from people living in Madrid to buy second homes. This trend could be accelerated due to Covid-19 as wealthy people living in the capital may be looking for more space.

 

The Spanish Costas real estate market

Many negative cross currents are impacting those areas:

  • Those regions heavily rely on tourism. Regarding 2020 we have a lot of uncertainties: will the travel ban be lifted? Will foreigners be allowed to come on holidays to Spain?
  • The second one is that some Airbnb owners could be inclined to sell their properties, especially, the ‘mortgage financed ones’ which should bring more supply to the market.
  • Last but not least, a lot of new build projects are foreseen in these regions.

 

We wouldn’t be surprised to see big discounts on resale, higher than 15% for some deals, and some discount for new buildings as more supply is coming to the market.

Read more on that with our newbuild section in two paragraphs.

 

 

For people who have known us for a while, they will be happy if they followed our advice and invested in cities with “real” economic activity rather than pure “touristic” cities. As we can see today, this was very important advice to follow.

If you understand Spanish and want to read further on the Spanish Costas property prices, here is another article published in the Expansion paper on the 10th of May.

 

Rest of Spain

We think that second-tier cities will suffer more than Madrid, Barcelona and Valencia and smaller cities will suffer even more. So, we wouldn’t be surprised to see deals with discounts higher than 15% in the rest of Spain as the economic situation is bad.

 

Newbuild

More supply is coming to the market as the industry rebounded from the 2008 crisis for a few years up to 2019, which was the best year since then in terms of units sold. A few interesting facts:

 

This concludes our in-depth analysis of the Spanish Housing Market post-Covid-19. To end our analysis, we will cover those topics:

 

 

 

Don’t neglect the basic recommendations to keep yourself and others safe:

  • maintaining a social distance of 2 m,
  • regular hand washing,
  • cover your mouth when you cough or sneeze,
  • avoid touching your face after touching hard surfaces where the virus can live.

 

Looking for a mortgage or a local expert in Alicante, Malaga, Valencia, Madrid, Barcelona,…? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

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https://howtobuyinspain.com/en/buy-property-in-spain/spanish-housing-market-post-covid-19/feed/ 0 airport-2373727_1920 (1) Spain village cantabria (4) Valencia (2) The Spanish Costas Infographics maps Find all our best Spanish Costas infographics: Costa Brava, Costa del Sol, Costa Blanca, Costa Barcelona, Balearic Islands, Canary Islands,... coronavirus-stay at home Stéphane co-founder of HTBIS