Mar 20, 2019
Buying a vacation home or rental property in Spain is always smart from an investment point of view, though there are a few things to take note of. For example, while buying a property along this coast and then renting it out on sites like Airbnb can be a great way to make a return and even pay off your investment, it might not last for long.
Costa Calida, like many tourist-heavy destinations, is looking into regulating this market to ensure more fair and affordable housing for its citizens. What this will mean in the future is that you will potentially only be able to rent out a spare room, and must live in the property to do so.
Before you despair, this means that your vacation property can become the retirement home of your dreams. You can then rent out said spare room and supplement your retirement income and enjoy all the best parts of Costa Calida in absolute comfort.
Now is the best time to invest in property along this stunning golden coast, and if you need any more convincing, read this guide:
Where is the Costa Calida?
Costa Calida is a beautiful coastline on the southern tip of Spain in the region of Murcia. It’s a unique 250km stretch of land is located within a microclimate, making it a unique and warm place to make your winter home. Costa Calida is, after all, considered to be one of the hottest coasts in Spain.
What Are Some of the Highlights of the Costa Calida?
Some reasons why investing in property along the Costa Calida are unanimous – they exist now and will continue to be a highlight for retirees and investors alike for years to come.
Costa Calida Has the Best Weather in Spain
Costa Calida is a few degrees warmer than anywhere else you will find in Spain. It is located in a special microclimate that allows for this, making it the ideal spot for a winter holiday home. On top of great weather, Costa Calida only gets an average of 340mm of rain throughout the whole year, making it one of the sunniest as well.
Costa Calida Has 25 Incredible Beaches
Costa Calida has 25 “blue flagged” beaches, meaning that they are ideal for tourists to enjoy to their fullest. Clean, litter-free (just remember to help keep it that way), with soft sand, clear water, and, of course, enough nearby facilities to keep you and your family comfortable. With 25 beaches to choose from, you will always have a beach day at the ready.
It is a Stone’s Throw From Ibiza and Mallorca
If you are feeling adventurous, you could rent a boat and easily make your way on over to Ibiza or Mallorca from Costa Calida, or, if you aren’t, then there are ferries, taxi services, and, of course, cruises to help you make the most of this area.
Costa Calida Features Mar Menor
Costa Calida also has a stunning salt lake known as Mar Menor, or Lesser Sea. This lake stretches 22km and can range from 100 to 1000 meters wide, which creates a massive and stunning sea inlet that is shallow and perfect for beach days and families.
Has Both Land and Sea
Costa Calida is also incredibly close to mountains, allowing you to enjoy mountainside hikes and views with just a short drive. Inland, there are also some world-renowned golf courses like Lorca Resort or Condado Alhama Gnk for your pleasure.
It is Full of Natural Parks
Protected and natural parks are abundant here, with some highlights including Cabo de Gata-Níjar, Parque Natural de la Serra de Mariola, Sierra Helada, and Parque Natural de Torrevieja.
Has World Class Cities
You won’t be pressed for fun in this area with so many incredible cities to keep you entertained, from Murcia to Lorca. You can even visit Caravaca, which is one of the five Holy Cities in the world and the destination for many pilgrimages.
It Offers a Great Rental Return
Depending on where you buy your property and how large and suitable it is for tourists, you could have an ideal rental investment on your hand. Simply rent it out when you aren’t visiting and make money back on your investment in no time. With so many tourists visiting this beautifully warm and sunny coast, there is no reason not to.
Why Now is the Best Time to Invest in Property Here
Costa Calida Has a New Airport
One big reason why now is the time to invest is that tourism is set to increase drastically, as the old San Javier airport has closed and the new, 37,000 metres squared Region of Murcia International Airport is now open and operational. More flights, more tourists, and a bigger boost in the area’s economy. If you have dreamed of owning a property in this area, then now is the time to buy before housing prices skyrocket once again.
Buying Land is the Way to Go
Properties right now are expensive, but with a new airport, they will only increase. That is why buying land and developing a dream property can be the best way to go – for both rental possibilities and for getting a great property at base price.
Airbnb is Set to Be Regulated
With so many Airbnb properties on the market right now it is looking that Spain might regulate the practice. This can be good news and bad news. It is great if you want to get into the market, as housing prices should go down once regulations are put in. Ideally, you will then be able to rent out a spare room, so you can supplement your income while staying at your destination property.
There are so many great reasons to invest in property in Costa Calida, but the time to buy is now before housing prices skyrocket or the Airbnb rental market gets regulated. This way you can make money back on your investment, have the perfect retirement home and enjoy the boost in economy and property value in the future.