Archive for the ‘accommodation’ Category

Real estate in Spain, regional and seasonal disparities.

March 11, 2008

Real estate in Spain, regional and seasonal disparities.

Summer is coming, the searchs for seasonal hirings are more frequent on Internet and Spain remains a privileged tourist destination. Sometimes, the tourist fond of a place where he has spent his stay, decides to acquire a real estate in Spain, on the one hand to return more often in that area, on the other hand to draw an income from seasonnal hiring. Several elements will determine the choice of the place of stay: The tourist site, the accessibilities and especially the price.

Costa Brava is an area for popular tourism. Even if the prices increased, buy an apartment in Costa Brava can appear interesting insofar as the rental demand especially for July and August is so important that the hiring of its apartment is relatively easy.

In Costa Blanca, in particular in the area of Benidorm where the effort of urbanization was tremendous, the very strong rental offer puts the hirers out in competition and involves of this fact a compressing of the prices. Thus, buy house in Benidorm involves a certain risk: Will the owner obtain from his real estate the excpected rate?

Costa del Sol does not encounter the same problems: The area of Marbella has known for a few decades an unrestrained real estate speculation and buy a villa in Marbella or Puerto Banus is conceived only in million euros. So a tourist hiring in this area, most expensive of Spain, remains at high prices at any moment in the year. For the owner, the interest is often elsewhere: To have a villa in Marbella, that has no price!

Costa Dorada is especially appreciated by the British tourists for various reasons: the town of Cambrils, the proximity of Port Aventura or the charm of Cape Salou. Here, they are the British who fix the rate of real estate. To make profitable a purchase of villa in Cambrils or Cape Salou requires before all, a good communication in the United Kingdom.

Costa del Azahar is especially known for its town of Peniscola built on a headland. Even if the prices tended to increase these last years like everywhere in Spain and in the area of Valence, the success of the place made of a villa to buy in Peniscola a very correct rental investment.