Costa Brava: why invest in Spain?

The French have always been seduced by Spain, and more particularly the Costa Brava. This is due to its proximity to our borders, but also to its inimitable quality of life and sunshine that lasts almost all year round. Many French people have chosen to live and invest in property here. Would you like to invest in Spain, but still have doubts? Find out here all the good reasons to let yourself be tempted by this adventure.

The Costa Brava, a great place to invest

The Costa Brava, so called because of its rugged landscape, is one of the most popular destinations for Spaniards and foreign tourists, not only for holidays, but also for second homes and settlements. Many French people have chosen to invest in real estate on the Costa Brava because it has many advantages.

The Costa Brava is a unique place where the beach and the mountains meet. It is a perfect destination for a peaceful life in an idyllic setting. It offers many activities such as scuba diving, golf, kayaking, trekking and many more. It also makes it easy to relax on the beach and enjoy all the benefits of the sun. In addition, the Costa Brava hosts music festivals and other leisure events. In short, it is impossible to be bored.

The Costa Brava is particularly appreciated for its mild and pleasant climate, with average temperatures of around 16°C throughout the year. Its breathtaking natural landscapes will delight nature lovers. The natural parks of Cap de Creus, the Medes Islands and the Aiguamolls de l'Empordà are all places with postcard-perfect scenery. The green cliffs, the intense blue sea and the vegetation of the Costa Brava will not leave you indifferent.

The Costa Brava is the ideal place to enjoy silence, small isolated coves and nature. Without a doubt, it is an ideal destination to recharge your batteries, forget about the stress of work and daily chores and enjoy a beautiful environment.

In addition, the Costa Brava is ideally located just over an hour from Barcelona by car and half an hour from the city of Girona and the south of France. The area is also served by airports such as El Prat and Girona, as well as by high-speed train lines that connect cities such as Malaga, Madrid, Barcelona, Girona, Montpellier and Paris.

In addition to the beauty of the Costa Brava, the level of purchasing power is one of the main reasons why French people buy their main or second home here. Indeed, the purchasing power of a French person living on the Costa Brava can be up to 40 or even 50% higher than in France.

A place with high rental potential

If you are considering a rental investment, the Costa Brava is an excellent option. It offers a longer and more advantageous rental period, with many options.

There are a multitude of world-famous villages and towns, each with its own unique characteristics, landscapes and neighbourhoods, and all sharing exceptional qualities: natural splendour, perfect climate and the magnificent beaches of the Mediterranean. Due to the reputation of the area and its quality of life, it has become a leading destination attracting tourists from all over the world. Indeed, the region's reputation extends throughout Europe and internationally. As the region attracts more and more foreign investors, property values continue to rise. Since 2014, property prices have continued to rise every year.

The Costa Blanca is an ideal holiday destination, but unlike other Spanish coastal regions, holidaymakers tend to stay here longer, especially during the autumn and winter months. Many tourists stay for months at a time. And rather than pay the daily or weekly rates of a hotel or holiday flat, they prefer to rent a fully furnished property for several months. For investors looking to buy a property and rent it out, the Costa Blanca offers a longer and more lucrative rental period than other places on the Spanish coast.

Another good reason to invest in the Costa Brava is the price. Compared to a coastal town in France, the Costa Brava has a much lower price per square metre. In fact, the price per square metre of a flat is around 3,000 euros in the busiest towns. This can be less than 1,000 euros in the smaller towns which, despite their beauty, are less frequented by tourists.

Our tips for buying property in Spain

The Spanish property market is advantageous in many ways. However, there are a few things you need to consider before taking the plunge.

Familiarise yourself with Spanish property law

Before indulging in any property in Spain, it is important to remember that you are buying a property in another country. Before you do anything, you should first find out about the land and tax laws of the area (which can vary depending on the region of Spain), as well as the regulations applicable to foreigners. For this, you can rely on an agency with a long history in the Costa Brava.

Always consider the location

You can get so caught up in the appearance of the villa or flat that you forget one of the most important factors to consider when buying a property: location. Proximity to the coast and views are two of the main considerations that will affect not only the resale value, but also the resale time.

Is there any empty land near or in front of the house? What are the plans for these spaces? Could the view be spoilt by another property? Is there easy access? Is the location well served by transport links? These are just some of the things to consider before deciding to buy a property.