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Costa Blanca has been leading the list of destinations on the Spanish Mediterranean coast for decades, where spanish people and foreign investors choose it as the right place to invest buying a property.
What has Costa Blanca that even during the economic crisis Costa Blanca remained above the national average?
- The Mediterranean climate
The first reason, essential in the purchase of a second occupation property. An exceptional climate and without a doubt the best of all the Mediterranean coast. Places in Costa Blanca such as Jávea (next to Moraira), its surroundings and Orihuela Costa have been described as "the almost perfect environment" by the World Health Organization, making the Costa Blanca one of the healthiest areas in the world. Relatively low humidity and more than 300 days of sunshine per year on the Costa Blanca.
Advantage taken specially by the inhabitants of north European countries like Norway, Sweden, Finland even France and United Kingdom that have a much higher cost of life, with higher salaries. Therefore life in Costa Blanca is much cheaper for these owners, the prices of the daily shopping of basic products, fruit and vegetables is much lower. So is the leisure; going out, eating at restaurants, drinking at bars, movies, shopping is cheaper. This aspect is a great advantage for many, even for Spaniards who live in large cities and northern Spain where living is more expensive.
Alicante city and the surrounding towns have hardly any pollution which makes the quality of life very high. Along with the Mediterranean lifestyle of low stress, relaxed life, healthy eating; many fruits, vegetables, fresh fish and little meat intake, large green areas and 134 beaches with hundreds of kilometers of beach, make it the ideal place to play sports and maintain a healthy life. In fact it is one of the countries with more healthy people in the world, sixth place in life expectancy, 85.4 years for women and 79.3 years for men.
If something is characterized by the province of Alicante, especially some specific populations such as Torrevieja, is for its development in infrastructure.
This coastal paradise has 30 quality yacht clubs, 22 golf courses, most of them by the sea. The fifth largest airport in Spain, which is only 9 kilometers away from the city center and has daily connections with 12 Spanish destinations and 77 international destinations.
It is also worth mentioning the great medical reputation, so many aside for coming to enjoy their holidays or to live most of the year, there are more and more people who choose Alicante as a place to find medical treatment, due to their reputation, being the head of private and public hospitals in Spain.
Being one of the favorite destinations in Spain for foreigners to buy homes, creates an interesting cultural diversity. This is palpable in the great gastronomic variety of different countries, not only Spanish and also in the leisure, both day and night, which includes huge theaters in original version, theaters, venues for concerts in different languages, venues of the most popular styles and some of the best theme parks in the country. And all this offered for the diverse mix of cultures that characterizes Costa Blanca.
- High return on investment
This is without a doubt the most interesting aspect for investors as well as for some real estate companies. As reported by the Bank of Spain (BE), the profitability of a home on the Costa Blanca is approximately 8.3%, a percentage that is obtained from the sum of the exploitation of housing through rent and its revaluation, which in this case represents 4.4% and 3.9%.
The most profitable destinations to invest in Costa Blanca are: Benidorm, Altea, Santa Pola, Torrevieja and Guardamar del Segura.
Now we understand why Alicante has the highest ratio of foreign population among all the provinces of Spain, which decide to rent or invest in the purchase of homes in different towns of Costa Blanca.
If you are interested in buying a home in Guardamar del Segura and surroundings like Ciudad Quesada, Rojales, La Mata, Torrevieja, La Zenia, Cabo Roig ... Contact us, we are Naranja Spain a team of real estate experts with a high rate of customer satisfaction within home purchase and real estate investment.