Terraced houses in Costa Blanca

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Costa Blanca
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Properties in Costa Blanca?

The Costa Blanca is a tourist region in Spain located along the Mediterranean coast in the Autonomous Community of Valencia. The name Costa Blanca means White Coast. The climate of this region has been recognised by the World Health Organization as one of the most comfortable areas to live in. In addition, the region is very diverse in terms of geography and at the same time provides excellent transport to nearby cities. There are mountainous cliffs and rocky beaches to the north and sandy beaches to the south. Year after year, new air connections from the EU countries are being established. Tourists arriving on the Costa Blanca most often use the airport in Alicante or Valencia. Due to its attractive location, the Costa Blanca is a very popular destination among foreign tourists. The Costa Blanca is also an excellent place to live, which is confirmed by the numerous populations of British, German, Dutch and Norwegian people who are the most numerous groups of foreign residents on the Costa Blanca.  

Map of Costa Blanca
Costa Blanca

Best things to do in Costa Blanca

The Costa Blanca is full of tourist, natural and cultural attractions. It is an excellent starting point for those looking for a strong experience, as well as for families with children and the elderly. There is something for everyone. The Costa Blanca will delight you with its beautiful nature - Europe's largest palm tree gardens, natural salt lakes, beautiful beaches with crystal clear water, Algar waterfalls, zoos and nature parks. There are numerous attractions waiting for families with children in amusement parks and aquaparks. Clean beaches with the "Blue Flag" quality mark and sunny weather even more than 320 days a year are the best incentive for all those who want to relax and sunbathe. Of course, you must not forget the dozens of cultural events, festivals and concerts that are held regularly throughout the year.

Characteristics of the property market in Costa Blanca

How much do properties in Costa Blanca cost?

Costa Blanca is one of the most attractive places to invest in Spain. The excellent geographical and tourist conditions, combined with very attractive property prices, have for many years resulted in a steady increase in property prices on the Costa Blanca

 

There is great interest in cheap properties below 150 000 Euro on the Costa Blanca. On the other hand, the demand for the cheapest properties below 50,000 Euro is even eight times higher than the supply. A positive sign for the region is the fact that every year the number of buyers looking for luxurious properties and modern properties from the primary market is growing.

Average price for properties in Costa Blanca (the Valencian Community)

  • Average price by square metre for Costa Blanca - 1,723 €
  • Average price for properties on Costa Blanca - 267,009

Who buys properties in Costa Blanca?

The property market on the Costa Blanca has been very popular among foreign buyers for several years. The statistics confirm that in 2018 prices increased by 6.49% and the number of transactions increased by 9.7% on a national scale. More than 103 thousand foreign buyers bought a property in Spain in 2018. Of this, almost 1/3 of all properties purchased by foreigners were properties in the Costa Blanca region. This region has been at the forefront of the region's attractiveness to foreign investors for several years. The interest of foreign investors is strongly influenced by low property prices, which are still 25-30% cheaper than before the economic crisis. A great advantage of the market is the variety of available properties - modern apartments, luxury villas, property from the developer, as well as a large number of cheap flats, holiday bungalows and houses near the beach. 

Total numer of housing property transactions in Costa Blanca

  • 1st quarter 2018 10 833
  • 2nd quarter 2018 12 221
  • 3rd quarter 2018 9 929
  • 4th quarter 2018 11 238
  • 1st quarter 2019 10 242
  • 2nd quarter 2019 11 736

Prospects for the property market in Costa Blanca

The property market on the Costa Blanca is known for its long stability. Since 2016, the market has been experiencing annual sales growth. 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.

Experts in the Spanish property market forecast that the primary market will develop in the coming years, especially due to the increased interest in property from developers, as shown by the British, Belgians, Dutch, French and Scandinavians. It is also worth noting that in recent years there has also been a great interest in property on the part of residents of Lithuania, Estonia, Bulgaria, Romania and Poland. 

Terraced houses for sale

To have a terraced house in Spain is a dream of many – now you can make it come true! Terraced houses are a great solution for people who are looking for a convenient property at an affordable price. Depending on your needs, you may choose from terraced houses with 1,2,3 or more bedrooms. A crucial aspect of terraced houses is their location. Very often they are located in quieter districts of the city, away from the hustle and bustle. Therefore, the purchase of a terraced house is an ideal solution for people who care about privacy and a comfortable and functional environment of the property. Terraced houses are very often equipped with a spacious terrace and have a private garden. Thanks to the investment in a terraced house in Spain, you will gain a fantastic place to relax in. Depending on your needs and financial possibilities, you may look for terraced houses from the primary or secondary market.

Terraced house Amenities

Our website offers a wide variety of terraced houses in Spain. If you are looking for cheaper terraced houses in Spain, we encourage you to look at properties for renovation. In case you need help, please contact our specialists – we will find the perfect terraced house for you.

Check the additional amenities available for sale.

  • A private terrace
  • A garden
  • Air conditioning
  • Fitted kitchen with appliances
  • Heating
  • A swimming pool
  • A garage
Terraced house with swimming pool
Swimming pool by the terraced house

How much do terraced houses in Spain cost?

Are you looking for a property in Spain at an affordable price? Choose a terraced house. Generally, these types of properties are way cheaper and comparable with investing in a detached house. Moreover, it is also a profitable investment in terms of potential income from renting a property. The prices of terraced houses vary significantly. The price will be accordingly higher when the property is located in an extremely attractive location or a large area. The region in which the house is located may also affect the price. Properties in the most popular tourist resorts are usually more expensive.

 

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 terraced houses in Spain?

More and more terraced properties are being purchased not only by Spanish, but also foreign investors. It is good be aware that 13% of all property transactions in 2018 were made by foreigners. The attractive prices and the prospect of a high return on investment (even 10.5%) definitely encourage to buy a property in such a beautiful location. Investing abroad is not as complicated as it would seem – our specialists will prove it. If you need help choosing a property and would like to know more about investing in Spain, you may count on us!

 

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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