Located on the eastern part of Spain, the Costa Blanca is considered to be one of the nicest areas of the region of Valencia. Through its much pleasant climate, boulevard, teeming nightlife, pleasant climate, vibrant streets and miles of beautiful and white beaches, this place draws visitors from all over the world, specifically from countries such as UK, Netherlands and Germany. Within the Costa Blanca lay other such renowned resort destinations including Javea, Denia, Benidorm, Villamartin and Murcia. Further, this remarkable place boasts a worldwide airport that is the only service within the region, giving the area quick and easy access to thousands of popular other destinations all over the world.
For these reasons alone we can clearly see why property in the Costa Blanca is thriving at present.
Owning a property on the Costa Blanca has been claimed to be a clever investment, with visitors flocking here every yea, there is often little trouble in renting a property anywhere within the region. This aids one to yield high returns from their investment, especially during summer season when requirement for vacation rentals is in high demand. Market trends suggest that Property prices on the Costa Blanca have already peaked and reached a new high, allowing prices to now lower down to affordable and investable levels again, after recent property booms. Not only is buying a property based on the Costa Blanca a quality and clever idea from an investment point of view, but also allows you to have a holiday every year at no extra expense. Now that’s what I call smart thinking.
There’s a fabulous selection of property on the Costa Blanca, which can be tailored around your budget. Not only are one to ten bed properties but across a wide range of property types as well, including; townhouses, building plots, elegant villas, country houses and good looking apartments. Prior to 2013 there was heavy tax advantages to purchasing a new built property over an existing “secondhand” home. But coming into 2013 and the tax rate being increased across the board to 10% you are really at no advantage choosing any type of property, old or new.
First things first, look at your requirements for a property. Is it a holiday home or a full time property where you will be residing 24/7? How many rooms do you need? What sort of storage do you require? This will give you an idea of pricing. From here go and speak to a range of banks to ask about funding. Tell them your circumstances and let them quote how much you could possibly get from them. Rather than asking for a particular sum when you may of actually received a significant more to spend from them.
The Wide-Ranging Selection of Property Costa Blanca
