A large number
of property buyers tend to invest in homes in Alicante every year which makes
it one of Spain’s demanding provinces in terms of sales. The level of tourists
has also grown tremendously in recent years in both North and South of the
Costa Blanca. The Northern region is likely to be more expensive than the
southern, with fewer newly-built structures, but every locality and town has
its own set of attractions and advantages.
Spanish properties is a perfect choice for those who dream of living peacefully
in a home closer to beaches or want to spend their retirement in a calming
environment. When buying a home, many people might get confused among different
areas, vicinity and towns. To earn higher financial returns, it is good to
conduct proper research on apartments for sale in Calpe and Altea.
In this post, we
are going to cover why buying a property in Calpe and Altea is an excellent
idea, what to look for when investing and how much does it cost? So let’s find
Why Buy Property in Calpe?
Someone who is
looking for a relaxed destination on the ocean, enclosed with vineyards and
hilly mountains, Calpe could be the best choice for them. The place has a lot
of things to offer from sandy beaches to coves, luxurious bars, marina with
cafes, restaurants, seafood and much more.
There is an
abundance of street market established for fulfilling shopping and souvenir
needs of everyone. The fascinating surroundings and a variety of housing
options, including apartments, villas and townhouses, makes it an ideal choice
to buy a property.
Why Buy Property in Altea?
Altea is located
on the South of Calpe which is a smaller resort around a whitewashed town. It
is popular for winding streets, imposing art and diverse cultural scene.
Apartments built in the old town or villas in the hills are pretty common and
popular in this area. A landmark established on the Northern section, nearest
to the Altea golf club is Altea Hills, involving luxurious villas and
This is a famous
hub for many high-class restaurants and fancy shops selling the art or work of
local craftsmen. On the outskirts of this town, you will find a wide range of
villas and apartments, surrounded by churches, beaches and mountain views.
What to Watch Out for When
Investing in Spain?
Spain has always
been an attractive choice among foreign property investors and tourists and
this situation isn’t expected to slow down sooner. You can’t decide on buying a
property overnight. It needs careful consideration and attention on various
aspects such as investment goal, location, current real estate market
situation, legal status of the property, technical condition of the property,
How Much Does Properties Cost in
Calpe and Altea?
appropriate and decent in Calpe, you will need an average budget of €2,050/m2.
On the other hand, property in Altea would cost you around €2,140/m2. Above
all, the property prices entirely depend on the locality, infrastructure,
condition of the property, facilities, maintenance needs, and so on.
patience will definitely pay off. So before buying apartments for sale in Calpe and Altea or any other property type,
spend a good amount of time to thoroughly examine all the documents and aspects
to avoid potential pitfalls and let your property-buying process go smoothly.