Costa Calida Property
- Date: 2008-04-13 - Word Count: 419
Share This!
If you are looking to buy a holiday home in Spain, you could do a lot worse than consider the Costa Calida. So you have never heard of it before, you soon will, as more and more British and other northern Europeans are investing there. With land costing more in the old favourites of the Costa Blanca and Costa del Sol, many of the major developers and builders have moved here and are planning large developments and custom built resorts, usually round a golf course or two. The Costa Calida is in southern Spain, north of Costa Almeria and south of the Costa Blanca. With a fantastic climate, hot in the summer, warm in the winter and very dry, you would wonder why it has not been developed in the past.
The answer is communications and infrastructure, until very recently the road system was very poor and there was no airport serving the area. With EU money the roads have been upgraded and the old military airport at San Javier (now called Murcia Airport) has been rebuilt as an international terminal. Already the budget airlines are flying there from more and more places with very cheap fares, in fact I have flown from London, Stansted for £20 on a number of occasions in just over 2 hours. You haven't got far to go once you have landed either, the runway virtually goes to the beaches of the Mar Menor ("The Inland Sea") making for spectacular landings.
Real local Spanish towns such as Los Alcazares and San Pedro are already seeing the benefits with rises in property prices and the old favourite of La Manga, with it's "Strip" and golf complex are booming. Currently new 2 bedroom apartments can be bought off plan for about £80,000 or less and villas start at an unbelievable £100,000 a few miles inland, probably less than a third of the price you would pay on the Costa del Sol. If you intend to rent out your property, I would always advise buying on a golf complex, and then you will get bookings all the year round with families in the summer and golfers in the spring and autumn.
The local beaches are fantastic and the shallow waters of the Mar Menor are warm and safe. There are plenty of good restaurants to be found, with cheaper prices than you would pay elsewhere. With bargain short flights, great prices and plenty of sunshine, I expect Costa Calida property to be a good long term investment.
The answer is communications and infrastructure, until very recently the road system was very poor and there was no airport serving the area. With EU money the roads have been upgraded and the old military airport at San Javier (now called Murcia Airport) has been rebuilt as an international terminal. Already the budget airlines are flying there from more and more places with very cheap fares, in fact I have flown from London, Stansted for £20 on a number of occasions in just over 2 hours. You haven't got far to go once you have landed either, the runway virtually goes to the beaches of the Mar Menor ("The Inland Sea") making for spectacular landings.
Real local Spanish towns such as Los Alcazares and San Pedro are already seeing the benefits with rises in property prices and the old favourite of La Manga, with it's "Strip" and golf complex are booming. Currently new 2 bedroom apartments can be bought off plan for about £80,000 or less and villas start at an unbelievable £100,000 a few miles inland, probably less than a third of the price you would pay on the Costa del Sol. If you intend to rent out your property, I would always advise buying on a golf complex, and then you will get bookings all the year round with families in the summer and golfers in the spring and autumn.
The local beaches are fantastic and the shallow waters of the Mar Menor are warm and safe. There are plenty of good restaurants to be found, with cheaper prices than you would pay elsewhere. With bargain short flights, great prices and plenty of sunshine, I expect Costa Calida property to be a good long term investment.
Related Tags: property, real estate, spain, buy, costa calida
Costa Calida Property Your Article Search Directory : Find in Articles
Recent articles in this category:
- 5 Reasons to Buy Jasper Real Estate
Jasper is a small town in North Georgia and it is growing rapidly. Since North Georgia Foreclosures - Ellijay Real Estate
Ellijay Georgia has always been known for it's outdoor activities and seasonal festivals. Downtown E - How to Deal With Blocked Drains
A blocked drain is an occurrence that happens eventually to all households. You may have experienced - The Benefits of Hiring a Plumbing Consultant
Your dream home may not always be brand new, with fresh paint and home essentials. There are certain - The Worst Mistake You Can Make When You Apply to Rent a Home
A whole new class of people has become renters and potential renters in America during the last thre - State of Individual Real Estate Markets
Everybody is well aware of the hit that the real estate market has taken over the past three years. - Thoughts on Avoiding the Landlord Trap
I've heard several people say they would never invest in a multifamily rental property because they - An Idea to Increase the Bottom Line of Your Investment Property
Are you pretty sure that you've already maximized the income coming from your property? If you've cl - Finding the Value of a Piece of Investment Real Estate
There is a lot of confusion about how much investment property is really worth. We'll look at three - Arkansas Land For Sale - Search Engine Optimization and Your Website
If you have Arkansas land for sale and are interested in advertising it on your website I have a few
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t
