Santa Pola is a seaside town on the Costa Blanca. In the fourth century BC, the Iberians began trading with the Greeks in the Spanish Santa Pola. In addition, the Romans enlarged the port, which has affected the maritime trade. In the 16th century, the city was plagued by frequent attacks of pirates. On the nearby island of Tabarca there was a hideout for buccaneers. All in all, the invasions ended with the construction of a defensive castle and watchtowers.
Today Santa Pola has about 32 thousand inhabitants. It is a beautifully situated city with beaches, a port and numerous tourist attractions. The close proximity to the airport and other tourist resorts makes Santa Pola a very attractive place to invest in.
Best things to do in Santa Pola
Santa Pola offers wonderful sandy beaches, such as Playa Lisa, which is safe for children because the shallows stretch for tens of meters deep into the sea. The impressive 16th century castle, or El Castillo-Fortaleza is the magnet attracting visitors to Santa Pola. It was designed in 1553 by the Italian engineer Juan Bautista Antonelli. It was to defend the coast against pirate attacks. Despite its beautiful and rich history, the excellent conditions for sunbathing and water sports are the main reasons for tourists to spend a blissful holiday. An unusual attraction of this region are also the salt mines (Salinas de Santa Pola), which have been declared a nature reserve. The view of flamingos and birds of all kinds is a beautiful showcase of the region, just as the huge salt mountains.
Characteristics of the property market in Santa Pola
How much do properties in Santa Pola cost?
The attractive prices of properties are very surprising. Although the average price per square metre may seem quite high, we are able to find a huge number of attractively located properties in Santa Pola at very good prices. The most expensive properties in Santa Pola are those located vis-a-vis the port. However, the entire city centre and the areas along the coast have been developed to accommodate a large number of tourists. The layout of Santa Pola's roads is arranged in a very regular chessboard with perpendicularly crossed roads. Both in the city center and further afield, the entire city forms a densely intersected network of roads. This arrangement is very convenient and makes the travelling around the city very easy. Typical types of buildings are 2- and 3-storey buildings with apartments and bungalows dedicated to tourists who come here from all over Europe. They are attracted to a very large offer of properties located by the sea at very low prices (compared to the prices in other top Spanish tourist resorts).
Average price for properties in Santa Pola:
Average price by square metre for Santa Pola - 1,793 €
Average price for properties in Santa Pola - 181,112 €
Who buys properties in Santa Pola?
Properties in Santa Pola are bought mainly by people focused on summer holidays on beautiful beaches. Excellent conditions for water sports (windsurfing, kitesurfing, sailing, paddle boarding, kayaking, diving) attract people from all over Europe. The best proof of the great popularity of Santa Pola, is the regularly growing number of inhabitants of the city.
International buyers:
33 % United Kingdom
14 % Romania
6 % Germany
5 % Bulgaria
5 % Netherlands
5 % Italy
4 % France
4 % Belgium
Best areas for an investment
The best places to invest in Santa Pola are the beaches of Playa de la Ermita, Playa de la Gola, Gran Playa, Playa Lisa, Playa Tamarit, Playa del Pinet and the bays of Callas del Cuaratel, Calas de L'Aljub and Calas Santiago Bernabeu. The city itself is small and very well connected, so you can easily travel from one end of the city to the other. A factor that encourages foreign investors to buy property in Santa Pola are the much lower prices of properties located by the sea, compared to other similarly located tourist resorts in Spain.
170,457 € Santa Pola
Santa Pola
199,463 € Santa Pola
Gran Alcant
Total numer of housing property transactions in Santa Pola
1st quarter 2018 318
2nd quarter 2018 416
3rd quarter 2018 319
4th quarter 2018 345
1st quarter 2019 383
2nd quarter 2019 434
Prospects for the property market in Santa Pola
Santa Pola's property market has been very stable for several years now. At the same time, thanks to a very large amount of purchases made by buyers from outside of Spain, the number of properties sold is growing year by year. The cities themselves are very positive about the growing number of foreign tourists and people who decide to settle here permanently. Therefore, the forecasts for Santa Pola are positive.
It is predicted that properties located on the Spanish coast and in tourist centres will enjoy the greatest interest. The high rate of return on investment of up to 10.5% (data from the Spanish Central Bank) should be a big incentive for foreign investors.
Bungalows for sale
Spanish bungalows are clearly associated with holidays and small summer houses. However, currently, they are also being built as single-family houses, which may be used throughout the whole year. The bungalow is a one or two-storey suburban house with very characteristic buildings. Bungalows in Spain very often include spacious terraces (also on the roof) or atmospheric patios and gardens, where one may relax and enjoy the beautiful weather. On the local property market there are both, bungalows with a very large area (e.g. 120 m2, 150 m2, 200 m2) as well as those slightly more intimate (e.g. 40 m2, 50 m2, 60 m2). As for the interior of the house, bungalows often have a living room combined with a dining area - an open kitchen. The bedroom part is usually on the upper floor. Affordable bungalow offers for sale may be found on the secondary market, and if you have a larger budget it is also worth looking at offers from the developers.
Bungalow Amenities
The wide range of internal and external amenities is available for both, secondary and primary market bungalows. Take a look at what equipment may be included in Spanish bungalows and find the offer that meets your needs.
A private swimming pool
Sea view
A car park
A balcony/terrace
Furnished
Fitted wardrobe
Fitted kitchen with appliances
Furnished bungalow in Spain
How much do bungalows in Spain cost?
Attractive prices convince people to invest in a bungalow in Spain. Generally, such an investment may be more affordable than buying a detached house. Of course, it is worth mentioning that the average cost of such a property may vary depending on its location, size and region of Spain. On our website you can find bungalows in the Costa Blanca, the price of which does not exceed 100 thousand euro! We provide a wide range of bungalows in Spain for sale at different prices. We present very affordable properties that are perfect as houses for rent or holiday homes.
Average value of property transactions of the free housing market in Spain
1st quarter 2018 145 297 €
2nd quarter 2018 149 582,4 €
3rd quarter 2018 152 095,1 €
4th quarter 2018 153 179,7 €
1st quarter 2019 152 023,4 €
2nd quarter 2019 154 487,8 €
Who buys bungalows in Spain?
Bungalows are very attractive properties for Spanish and foreign investors. Their popularity is primarily due to a very affordable price and a wide range of amenities. It is worth mentioning that foreigners have often chosen to invest in Spain in the recent years. In 2018, foreign investors bought over 65,000 properties in Spain!
Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain
New housing – 257 460,2 €
Second hand housing – 157 209,7 €
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