Spain offers a wide choice of coastal properties to the prospective buyer. Here we give you an overview of available purchase options.
Worldwide coastal property is in high demand owing to a natural desire for many people to live by the sea. Property in Spain is no exception and has a huge selection of coastal properties to choose from. It is true that as demand increases so does the price of premium Spanish coastal property. Prices remain favourable in many areas and demand continues to grow, ensuring the value of your property rises accordingly.
The Spanish coastline has long been a favourite with overseas homebuyers owing to the excellent climate, friendly culture, the number of low cost airlines operating in Spain and its proximity to the UK.
Spain offers coastal properties from cheap studio apartments to multi-million pound luxury coastal villas. The area in which you wish to buy is the major influence on price. Prestigious areas such as Marbella and Puerto Banus can add considerably to a coastal property’s price tag.
Each coastal area of Spain varies in character and therefore suits different types of people. Accordingly, it is important to spend time looking for the best coastal region to suit your needs.
Some areas are still very typically Spanish with a lively Spanish culture, including small cafes and beaches lined with fishing boats. Add to this a slower, more relaxed pace of life and you have an ideal place in which to slow down and take life easy. Other coastal areas are very different and have become home to many foreigners who have integrated into these parts, creating vibrant and interesting cosmopolitan towns.
Spain can offer exactly what you want from life – it’s simply for you to choose the best coastal location and surroundings that suit your desired lifestyle.
The type of property to be found in coastal areas of Spain is different from properties inland. In general coastal properties are newer with many developments still under construction. Although coastal properties have more standard architecture, it is far more varied and modern than inland properties. Inland, modern influences have been slower on the uptake and varieties in apartments, villas and townhouses are more limited.
When buying on the coast it is important that you deal with reputable companies who understand the procedure and law regarding these types of properties and areas specifically.
The Andalucian regional government, the Junta de Andalucía has taken control of new building away from the local Town Halls throughout Andalucia. They use aircraft to survey the country and have the right to knock down buildings that are under construction without the relevant licences.
There are also some instances where un-official buildings cannot have telephone lines or electricity connected because technically the property does not exist and does not appear on the databases for the telephone or electricity.
All this may sound daunting. However, the truth is, as long as you purchase your property from a competent agent who is experienced in this form of purchase, you can benefit from the great value and the unquestionable beauty of coastal Spain - without the headaches. It is important that you speak with the experts regarding your specific property requirements as the rules can change from one instance to the next.
If you would like to know more about any aspect of purchasing Spanish property, or are interested in any of our properties on offer, please contact our offices. Buying an off-plan property has many advantages for the property investor. To find out about these, please take a look at our Why Buy Off-plan advice.
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