- Bedrooms2
- Bathrooms2
- Area93 m2
- Plot area240 m2
Luxury property
245 000 €
Altea is located in the northern part of the Alicante region on the Costa Blanca. A characteristic feature of the city is its white architecture. When walking through the maze of narrow streets, you will feel the unique atmosphere of the city. It is dominated by the cliffs of the Serra de Bernia, which provide a mild microclimate - rocky hills are now the most desirable areas for luxury villas. The hills surrounding the city are home to several luxury districts: Altea Hills, Mascarat and Sierra de Alta. In addition, the closed urban districts guarantee the residents privacy and security. Due to its unique location and amazing views, Altea is an ideal place to buy a luxury villa in Spain.
The Spanish property market is very attractive and investments here pay off quickly, especially in locations like Altea - the cultural capital of Costa Blanca and the city of artists. What is so special about this town and why is it worth investing here?
Altea is located on the beautiful Costa Blanca, in the Valencia region. The warm Mediterranean Sea, beautiful sandy and pebble beaches, steep cliffs, tiny bays and intimate surroundings guarantee a unique holiday in Spain. Altea also offers a flourishing infrastructure for water sports amateurs. There are two ports in Altea - a fishing port and a sporting port. These are, among other things, the most important reasons why the area is very popular among tourists. Its big advantage is also the proximity of other famous cities.
Altea is an ideal place to relax for those who seek peace and beautiful views. Due to its location and the characteristic architecture of the city, Altea is an ideal place for demanding investors looking for luxurious properties. However, the prices of properties in Altea are higher than the average price for the Alicante region.
Average price for properties in Altea:
Altea is a popular investment destination for foreigners. Property is bought here by wealthy investors, including celebrities, millionaires and people looking for discretion and security. Are you looking for luxury, modern architecture, unique views and excellent weather conditions almost all year round? If so, Altea is the perfect place for you. It is also worth mentioning that foreign investors constitute a very large group of the property owners in Altea.
International buyers:
An absolutely unique place for investing in a property is the Altea Hills district, which is famous for its luxurious villas. Altea Hills is a closed housing estate, which guarantees safety and discretion. Houses located in Altea delight with their modern architecture, breathtaking views and very attractive infinity swimming pools.
| 251,625 € Altea | Zona l'Olla |
|---|---|
| 324,424 € Altea | Altea Pueblo |
| 529,254 € Altea | Altea la Vella |
| 665,274 € Altea |
Zona de Mascarat |
| 1,408,826 € Altea | Altea Hills |
Altea is a very reliable and stable market to invest in. Luxury properties in this prestigious district are consistently popular among investors looking for luxury. In addition, the prestigious character of the district makes property prices resistant to economic fluctuations.
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.
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.
Single-family houses, built both in the central parts of the cities and on their outskirts are very popular among investors in Spain. Investors may choose from terraced, semi-detached, as well as detached houses. A single-family house is an excellent choice for investors who care about a large area. These types of properties are extremely spacious. You may find offers for houses with 2,3,4 or 5 bedrooms. Investors looking for exceptional price opportunities are encouraged to familiarise themselves with property offers from the secondary market. Of course, new construction is also worth attention. Among the Spanish homes from the primary market, you will find luxury and very modern residential properties with access to a range of amenities.
Houses for sale in Spain include very attractive amenities. Check what type of equipment may be included in price of the property.
The growing interest in homes for sale in Spain is determined by their affordable price. It is however worth mentioning that the property prices vary widely - it is influenced by the location of the property, its area and equipment. This means that the Spanish property market also includes cheaper single-family houses with a smaller area and luxurious, spacious houses that will certainly interest investors with a larger budget.
Average value of property transactions of the free housing market in Spain
Not only native buyers invest on the Spanish property market, foreigners are also eager to allocate their savings there - it is estimated that 1 in 8 transactions in 2018 were made by a foreign buyer. The British are definitely ahead of foreign investors. However, Spanish houses for sale are also very popular among Germans, the French, Belgians and Swedes.
Average value of property transactions of foreigners on the open-market housing in 2nd quarter 2019 in Spain