Properties in Gandia
Gandia is one of the most attractive holiday resorts on the Costa Azahar in Spain. The city has a population of about 82,000 and is the second largest city in the province of Valencia. It is located between the mountains and the Mediterranean sea, which makes it even more charming. Gandia is a very attractive place to spend one's life or simply the holidays. It is also a great place for sunbathing e.g. the best and largest beach in Gandia is the Playa Nord beach, with golden, very fine, soft sand - one of the most beautiful beaches in Spain. There is also a beach for naturists nearby, or Playa Alhuir. In addition, Gandia is located quite close to the Rio Vaca river.
Best things to do in Gandia
A huge number of foreign tourists of all ages state that this city provides a very attractive tourist and cultural offer.
Gandia is divided into an old historical part and a modern part - the seaside. There is one of the most interesting monuments of Gandia in the Old Town - Palacio Ducal de los Borja with Renaissance and Baroque architectural elements. In the palace, there is also a collection of unusual azulejos - the 14th century Arabic wall tiles. Their shade and colour are impossible to reproduce, because they come from the pigment of plants that disappeared from Spain along with the Moors. Like any other city in Spain, Gandia also boasts a local delicacy – the fideua. It has a strong, marine taste and is served with pasta. It is said that in Gandia you will have the opportunity to drink the best mojito in the world. There will also be a lot of attractions for people who enjoy active holidays - the cyclists love Gandia due to more than 68 beautifully located cycling routes. In addition, if you enjoy water sports, Gandia provides a well-developed sports infrastructure.
Characteristics of the property market in Gandia
Property prices in Gandia depend primarily on their standard and location. Properties located near the beach and the main commercial promenade, Calle Major, are the most expensive. A huge advantage of Gandia is that the properties are definitely cheaper than in the neighbouring cities of Alicante or Valencia. Therefore, the city of Gandia is a very popular place to live in or spend ones' holidays.
Average price for properties in Gandia
- Average price by square metre for Gandia - 1,396 €
- Average price for properties in Gandia - 167,525 €
Native Spaniards are definetely the largest group of investors in Gandia. It is due to the fact that they appreciate the Valencian climate and lifestyle. In addition, the city has a very well-developed medical infrastructure and schools. Therefore, moving to Gandia with the whole family is not a problem. A very large group of investors in Gandia are Spaniards in their retirement age, who are looking for peace, quiet and the charm of the Spanish seaside. Foreign investors are a minority here, however, there are many international restaurants, bars and tourist attractions dedicated to foreign visitors.
- 33 % United Kingdom
- 14 % Romania
- 6 % Germany
- 5 % Bulgaria
- 5 % Netherlands
- 5 % Italy
- 4 % France
- 4 % Belgium
- 2 % Norway
Gandia is visited by many foreign tourists, but mostly by Spaniards, which only emphasises the Spanish character of the city. Gandia is also one of the largest coastal cities in Valencia with a very large number of attractive properties to buy. If you wish to buy a property with a view to further tourist rental, then you should concentrate on looking for a property near the beach, preferably Playa Norte, which is the main beach of the city. The very long coastline and excellent conditions for sunbathing in Gandia attract not only tourists from Spain, but also an increasing number of foreign tourists, which guarantees a high level of the property's occupancy.
The properties in the central part of the city of the Passeig de les Germanies are also very popular. The promenade with fountains and numerous restaurants and shops is the perfect place to relax with your friends. Additionally, those looking for peace and quiet will appreciate the properties on the outskirts of the city, which are directly adjacent to the peaceful, rural areas. In this section you can buy a house with a large plot at a very attractive price
|96,094 € Centro Ciudad - Gandia
||Centro Histórico, Plaza Elíptica-República Argentina, Corea
|128,225 € Gandia
||Benipeixcar - El Raval
|147,089 € Gandia
||Playa de Gandia
|307,250 € Gandia
|514,500 € Gandia
||Park nord - Casona
- 1st quarter 2018 336
- 2nd quarter 2018 481
- 3rd quarter 2018 332
- 4th quarter 2018 358
- 1st quarter 2019 335
- 2nd quarter 2019 384
The city of Gandia maintains a very comfortable balance between the Spanish tradition and openness to foreign tourists. Hence, Gandia is so popular with native Spaniards. As a result, the property market in Gandia is relatively stable, because even in the event of a smaller influx of foreign tourists, the Spanish will be interested in buying property.
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.
Studios for sale
Investment in a studio apartment is an ideal solution for a young couple, a single person, as well as investors looking for properties for tourist rentals. Studio is a kind of a bedsit, that is why these types of properties usually have a slightly smaller area. However, in this respect, the offer of studio apartments in Spain is very diverse - there are properties with an area of ca. 40 m2, 50 m2, 60 m2 and larger. Studios are also called large areas, which have been adapted in the attic or the loft. It also happens that after the demolition of partitions, two-room flats are converted into a studio-type premises. However, they are larger and more spacious than a typical one-room flat.