13 advantages of investing on the Costa Brava

Whether they want to settle here permanently, in a second home or as a rental investment, thousands of foreigners (more than 105,000 in 2018, three times more than ten years ago) decide to invest in Spain every year.

You also have this beautiful project but you are still hesitating about the region?

So, why not do like the majority of French people who invest in Catalonia and especially on the coast.

Discover all the assets and advantages of buying a property on the Catalan coast.

Attractive property prices

With the crisis of 2008, property prices on the Costa Brava fell by around 40%. In recent years, they have started to rise again, but they are still more attractive than in France.

Prices per square metre on the Costa Brava range from €2,030 to €2,730 per m2, which is still much more attractive than on the Côte d'Azur.

Thus, you will easily find a 60 m² F2 for 150,000 euros.

Nevertheless, real estate is less accessible in very touristy and coastal resorts such as Platja d'Aro.

And of course, if you move away from the coast, you can find houses or villas with swimming pools at more attractive prices.

The interest rate and taxation

The particularly low interest rates in Spain make it possible to make an advantageous investment.

In addition, the Spanish government lowered VAT by 4 points in order to attract more investors in the real estate sector.

Tourist attractions of the Costa Brava

The Costa Brava, with its paradisiacal beaches, numerous activities, large capacity and excellent infrastructures, is one of the leading tourist regions in Europe.

The demand for rentals is very strong during the summer period, but also increasingly during the months of May, June and September.

The boom in tourism guarantees a profitable rental investment and ensures a property is rented almost all year round.

As you can see, when you buy an apartment, house or villa on the Costa Brava in Empuriabrava, Platja d'Aro or Rosas, you are almost certain to be able to rent it for a good part of the year and make a return on your investment (up to 6% per year).

The Mediterranean climate

On the Catalan coast, the sun shines more than 300 days a year and the temperatures are mild all year round, including in winter when they rarely fall below 13°C.

Buying a property on the Costa Brava will allow you to rent it to holidaymakers during the summer period and to pensioners for a good part of the year.And if your investment is in a second home, nothing prevents you from going there several months a year to take advantage of the mild climate.

Proximity to France

Because of its border with France, the Costa Brava is an area that allows you to be relatively close to your family and friends.

Whether by plane (via Gerona-Costa Brava Airport or Barcelona International Airport, which is an hour away from Blanes), by train (via the LGV Madrid - Barcelona - Figueras line, which is connected to the French rail network via the LGV Perpignan - Figueras) or by car, access is as easy as travelling.

This proximity and ease of access make it a very popular destination for Europeans and especially for the French.

Low cost of living

One of the other advantages of investing in the Costa Brava (and also in the whole country) is the cost of living, which is much lower than ours.

Food and basic necessities, public transport, clothing, leisure activities, restaurants... everything (except telephony and internet access) is more interesting than in France.

On average, prices are 26% lower than in our country.

Thus, your purchasing power will improve considerably.

The beauty of the landscapes

The Costa Brava offers breathtaking and varied landscapes to nature lovers. Cliffs, rocks, sandy beaches, heavenly coves, valleys, natural parks and mountainous landscapes... there is something for everyone!

Varied activities

The Costa Brava offers a wide range of sporting activities (golf, tennis, sailing, stand up paddle or hiking...) and cultural activities (museums, exhibitions and music festivals...) without forgetting the numerous possibilities for walks in natural sites and nearby towns such as Girona or Barcelona.

Gastronomy

The Spanish gastronomy is famous all over the world. There is no doubt that you will enjoy the many Spanish specialties (paella, salmorejo, fideuà, and gazpacho...) without forgetting the Catalan specialties (escalivada, gambas de palamós, fideu and crema catalana...).

The quality of medical care

Spain, including the Costa brava region, has high-quality hospitals and medical centres, renowned professionals and a good health system (link to the article health system).
Proof of this is that thousands of people come to hospitals in Catalonia to receive treatment or undergo surgery.

Ease of integration

Spaniards are known throughout the world for their friendliness, joie de vivre and generosity.

On the Costa Brava, a large French-speaking community has emerged in Rosas, Empuriabrava and Santa Margarita. For example, the association "L'Amicale des Français de Rosas" is in charge of welcoming newcomers.

This way, your integration will be done without any problem.

Language

You don't speak Catalan or Castilian yet? It doesn't matter as Spanish is a relatively easy language to learn.
Moreover, as the Costa Brava is very popular with French tourists and pensioners, you will always be able to speak your native language.

Security

Spain is one of the safest countries in Europe, as is its increased fight against terrorism. So the Costa Brava, like the whole country, is a region where you will be safe.

As you will have understood, buying a property on the Costa Brava to rent, to settle there permanently or to spend a few months in the year is a wise investment.

If you wish to be accompanied for your project, we invite you to contact our real estate experts who will also take care of the rental management of your property in order to facilitate the administrative procedures.