Murcia is located in the southeastern part of Spain. It lies in a valley on the river of Segura with very fertile soils - this is why this region of Spain is often called the orchard of Europe. It is also worth mentioning that Murcia is one of the largest cities in Spain. It is inhabited by ca. 438 thousand. people, including about 12% foreigners. It is also one of the most important university centres in the country with one of the first universities in Spain and Europe.
The city also includes the newest and most modern seaports among those on the Iberian Peninsula. The port operates from the British Isles and Scandinavia. In addition, there is also the famous, powerful Gothic Cathedral of Santa Maria (Catedral de Santa María) with a tower of 92 m. Additionally, on hearing the sound of 25 bells, the locals know that it is 1 p.m., and therefore time for a meal. In Murcia, there is also an interesting monument of eclecticism - the Casino. Nobody plays roulette in it, but you can visit the museum.
The city of Murcia is an ideal place for people who plan to live abroad for the first time, as well as for those who want to settle here permanently. Murcia is big enough to entertain people, but small enough so as not to make you feel overwhelmed. Importantly, Murcia has a reputation as one of the cheapest places to live in Spain. Therefore, one may successfully search for properties in the central part of the city right next to the major tourist attractions. Property prices in Murcia are lower than the average for the whole country.
Average price for properties in Murcia:
The most recent data confirm that the British make up 53% of the non-resident purchasers in the Murcia region. In the first half of 2019, foreign investors acquired 51,720 properties in Spain, of which as many as 6,681 were purchased by the British. These statistics confirm that UK residents have by far the largest share of the Spanish property market. Spanish buyers are also interested in buying property in the USA, Morocco, Argentina, France, Germany, Italy, Norway, Sweden and Denmark.
It is also worth noting that as much as 28.5% of all property purchases are made by foreign investors - the average for Spain is only 18.6% of non-resident purchasers. Thus, the Murcia region remains in the fourth place in terms of the number of foreign purchases (after Comunidad Valenciana, Canary Islands, Balearic Islands, Balearic Islands).
International buyers:
Murcia has no direct access to the sea, which makes it a relatively quieter place to live in. Therefore, if you are looking for a city with plenty of sun but which is not a top tourist resort, you should consider buying a property in Murcia. Due to the low cost of properties, nothing stands in the way of you buying a property in the heart of the city. The centre is a place full of charming boutiques, Spanish streets with pubs and restaurants. Buying an apartment in the centre of Murcia will be certainly much cheaper than buying a similar property in Alicante or Valencia. Therefore, if you want to feel the real Spanish atmosphere, check our apartment offers in the centre of Murcia.
However, if you plan to move here with your family, you can look for offers located in other districts, near the schools, kindergartens or hospitals. In addition, the city is well-connected and therefore it is easy to travel from one end of the city to the other.
| 122,308 € Murcia | Altiplano |
|---|---|
| 136,025 € Murcia | Rio Mula |
| 142,180 € Murcia | Bajo-Guadalentín |
| 149,370 € Murcia | Región Oriental |
| 151,173 € Murcia | Noroeste |
| 152,333 € Murcia | Vega Alta del Segura |
| 172,891 € Murcia | Huerta de Murcia |
| 181,292 € Murcia | Alto Guadalentín |
The property market in Murcia is very attractive for foreign investors, including the British. Despite the fact that in the first quarter of 2019 the number of properties purchased by foreign buyers was 3.2% lower than in the same period a year earlier, the numbers are still very impressive. The Murcia property market is well-developed and the cost of living in Murcia is low. It is very cheap to eat out and therefore, comfortable to live here.
Although Murcia has no direct access to the sea, due to the very attractive location of large tourist resorts and low property prices, it is very popular among Europeans and residents of the USA.
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.
The Spanish property market offers not only extremely attractive residential properties. Investors looking for commercial premises at an affordable price and good standard will also find interesting offers there. Among the offers available on our website you will easily find a property that will help you develop a profitable business in Spain. Hotels, restaurants, bars, services for sale - all this and more is to be found at tripinvest.com! Investors with different budgets and expectations will find an offer for themselves. We have interesting offers of cheaper premises for renovation, whose price does not exceed 70 thousand euros. However, investors who have more capital at their disposal will certainly be interested in offers of luxury hotels or apartment complexes for sale.
If you are planning an investment for profit in Spain, you should pay special attention to the location of the premises. We offer properties in popular tourist destinations on the Costa Blanca - such a location will certainly increase your chances for a high return on investment!
The commercial premises available on our website have been equipped with a number of amenities, which definitely increase the attractiveness of the offers. Check which amenities may be included in the price of such property.
Need help buying a commercial premises on the Costa Blanca? Contact our specialists. We have extensive experience in investing in the Spanish property market - we will prove that buying property abroad is not as complicated as you might think. We will guide you step by step through the whole process of buying a commercial property. We will help you choose the most advantageous property offer, indicate the best location for the investment and advise you on how to apply for its financing in Spain. Contact us!
