In order to get closer to the market in Tarragona, 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.

Tarragona property investment: a Case study of a Costa Dorada property for sale

The Costa Dorada is the coastal area in the south of Catalonia. It is located in the province of Tarragona and offers a varied landscape of beaches, mountains and countryside. The many hiking trails, bike tours, mountain biking are ideal for discovering its extraordinary views and dream beaches. Indeed, this region is distinguished by its beautiful beaches and its golden sand, illuminated by the rays of the sun, hence its name in Spanish “Costa Daurada“, the Golden Coast in French. Let’s go to its discovery.

The city of Tarragona

Tarragona is the most important city of the Costa Dorada. It is the capital of the province of Tarragona and was declared World Heritage by UNESCO in 2000. Find all the World Heritage sites of the Unesco here with the other 10 reasons why you should buy a property in Spain. All the archaeological wealth of the city are present through its Roman walls, circuses, amphitheatres and Roman theatres among others. With more than 130,000 inhabitants, Tarragona is not only a medieval town that attracts many tourists but also a city that moves all year round and is very accessible. Indeed, Tarragona is connected to the big cities of Spain and France by the A7 motorway by car, by plane thanks to its international airport of Reus, but also by the train, thanks to the AVE / TGV from France and Barcelona just an hour away.

Tarragona is also home to one of Spain’s largest and most popular amusement park complexes: Port Aventura, a park with a varied theme for children and adults alike. Nearby, Tarragona also offers many water games parks for the families.

The Roman aqueduct in Tarragona

Here are the must-see places to visit in Tarragona, an active city all year round:
– The cathedral, which dates from the XII-XIV century
– The model of Roman Tarraco, replica in miniature of the town
– The Roman amphitheatre, where took place the old gladiatorial battles
– The Praetorium and Roman circus
– The balcony of the Mediterranean
– Placa de la Font, Plaça del Forum and Plaça del Rei
– El Serrallo, typical fishing district
– La Rambla Nova
– Tarragona Central Market
– The beaches

The Roman amphitheatre in Tarragona

The landscapes and beaches of Tarragona

For centuries, Tarragona is very well connected by paths between the different neighbouring villages. These paths are suitable for walking, cycling, riding and will get you close with those wonderful landscapes, horizons and heritage of this city. In total, 75 km of these paths have been created to enjoy nature. They are easy to find even though some of them are old trails that linked villages, others led to masías and farms, and others – such as the coastline or perimeter – were used to monitor hazards from the farmlands, Sea and contraband. Admiring the beaches from the heights is an activity that the nature lovers will enjoy.

The sandy beaches of Tarragona and the sublime small coves: Cala Fonda (Tarragona), Cala Jovera (Tarragona), Cala Penya Tallada (Playa Salou), Playa El Dorada (Cambrils) and Playa Penyals (Miami Playa) are among the top of the Costa Dorada‘s beach. They will give pleasure to swimmers and sportsmen in search of tranquillity. For sure, there is a wide range of aquatic activities to enjoy the pleasant temperature of the sea during more than half of the year.

Have a quick look at the many activities of the Costa Daurada on the infographic created by HowtobuyinSpain.

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.

Real estate in Tarragona

Only an hour from Barcelona by car, Tarragona offers very competitive prices in real estate. The average price per square meter of the province of Tarragona is € 1,250 as of the end of June 2018, which is very affordable taking into account the proximity of the coast, Barcelona, the quality of life offered and the cost of living make it very affordable for the Frenchs. The prices for the capital of the same name is a little higher: 1.470 € / m2.

Here is a quick look at the real estate price evolution in Tarragona over the last 20 years

• Real estate prices in Tarragona: €1.250 /m² (June 2018), +0.7% vs last year
• Transactions for Tarragona are strong: 11.886 +10,1% vs last year

An independent small typical house in Deltebre

• Buyer: a French Executive
• Property: Small independent house with own land, 2 rooms, on one floor, at 200 meters from the beach
• Neighbourhood: Countryside of Riumar Deltebre, 30 min south of Tarragona
• Goal: Self-usage a few weeks per year, rent out in summer
• Budget: €125.000

A small villa in the countryside of Tarragona, 200 meters from the beach

An independent small house in Vilafranca del Penedes

• Buyer: Bank employee from Alsace ( France)
• Property: Small independent house with own land (1600 m2), 2 rooms, on one floor, with a vegetable garden and fruits trees in the area of Vilafranca del Penedes
• Neighbourhood: In the countryside of Vilafranca del Penedes, 40 minutes from Barcelona’s Airport
• Goal: Self-usage a few weeks per year and family home
• Budget: €130.000

A nice villa with views on the countryside of Vilafranca del Penedes

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.

About Sabine, our local independent Property finder in Tarragona

Sabine is our local property finder in Costa Dorada. Sabine is active on Costa Dorada since 2019 and lives in Spain since 2015. She is our
local independent partner in this region.

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

Sabine

Property finder in Tarragona and the Costa Dorada

Local independent partner of HTBIS Network

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

The post Tarragona property investment: a Case study of a property for sale in the Costa Dorada appeared first on How to buy in Spain.

Our series of articles on the Spanish Costas (just started, more in 2018): learn everything about your favourite Costa!

• Everything you ever wanted to know about the Costa del Sol
• Everything you ever wanted to know about the Costa Daurada
• Everything you ever wanted to know about the Costa Brava
• Everything you ever wanted to know about the Costa Blanca

Find the downloadable versions of all our Infographic on the Spanish Costas here.

Here is the one we did on the Costa del Sol

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.

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

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

The post Enjoy all the Spanish Costas: get the best out of it: our top papers of 2017 appeared first on How to buy in Spain.

After your reading, don’t forget to read our most updated article of December 2017 on the same topic: The top 10 Spanish cities where foreigners love to buy properties!

Check our full Quarterly Report updated as of December 2017 on the foreign Real Estate activity in Spain.

Full analysis for Spain, for the Costas & Islands and for the different cities

Spain Analysis

During the last year up to September 2016, Foreigners bought 17,4% of all properties sold in Spain according to the “Ministerio de Fomento”.

This is half a percent more than one year ago. Foreigners bought 77 451 properties vs 67436 last year: i.e. a 14,9% Increase. At the same time, the number of transactions in Spain increased from 398 631 to 443 997 last year: i.e. an 11,4% increase.

Real estate analysis for the Costas & Islands: Foreigners buy Sun and beaches!

In our infographic studying second home buying in Europe, one of the top attributes for the ideal property is being near to the sea!

It’s the third attribute after being close to an airport and having a “Scenic Location“. Other attributes are getting a good value, have a good resale potential, have the possibility for renting, have the ideal number of bedrooms, have a minimum size of 100 square meters and of course a hot climate. Check our full infographic below.

So you won’t be surprised by the following statistic: 85% of properties bought are in regions close to the sea: either on a “Costa” or on the Balearic or Canary Islands! If you subtract the sales for Madrid, which enjoy its own international reputation, you get the even more impressive number of 92%!

For sure, Foreigners come for the sunny beaches of Spain. Please check our Infographic for the many reasons why people want to buy a house in Spain.

The “Costa Blanca” is the first “Costa” with 23,4% of transactions, the “Costa del Sol” is the second with 14,2% of transactions and the “Costa Dorada” is the last one with 10,7% of the transactions. All those three regions continue to benefit from strong interests of foreigners. Interesting to note, the “Costa Calida” has a Year on Year growth of twice the average of growth of properties bought by Spain with 30%!

Remember, if you want to buy a property in Spain, you need a NIE, check our paper on that: Your ultimate guide to your Spanish NIE number.

Table 1 Activity by Costas & Islands analysis: Last year up to September 2016.

Real estate analysis for the Spanish Autonomous Regions

No surprise to see that the “Comunitat Valenciana” is the biggest Autonomous Region in term of transactions with close to 30% of the transactions. Andalucia and Catalonia are second and third with 20% and 15%. Check our infographic on this:

Table 2 Autonomous Regions analysis: Last year up to September 2016.

Real Estate analysis for the Spanish Cities

The first city region to be blowing is Alicante with 23% of the transactions done last year! That means that more than 18 thousand properties were bought there.

Malaga is the Second one with 14% of the properties sold and Barcelona is third with 8%. The Growth is impressive and above 10% for all the top 8 Cities. The two strong growth areas in the top 10, in terms of transactions, are Santa Cruz de Tenerife with a 26% growth. The region of Murcia grew by 30%. In the less traded markets, the region of Cantabria, Huesca and Jaen all noticed growth higher than 45% versus the same period of last year.

Table 3 Cities analysis: Last year up to September 2016.

Read our update of December 2017 on the same topic: The top 10 Spanish cities where foreigners love to buy properties!

Check our full Quarterly Report on the foreign Real Estate activity in Spain.

Source: Ministerio de Fomento. Data updated up to September 2016.

Looking for an expert in Spain? Ask us directly!

Stéphane

Senior analyst and strategist at HTBIS

Check the full HTBIS team here

The post Where are foreigners buying Real Estate in Spain? appeared first on How to buy in Spain.