It doesn’t take an astronomer to spot the appeal of the fine selection of luxury villas in Calpe. Perhaps the prospect of your own little place in the sun has been niggling at you for years, but the recession-related tumult in the market may have caused some apprehension.
Fortunately it’s turnaround time for the Spanish property market. Research from Spain Spanish property insight and the UK property wire shows ample sign of recovery. Accelerated by the strengthening pound, prices began stabilising in 2014 and are now gradually on the rise. Closer analysis of the market reveals that many properties, particularly in Costa Blanca north, escaped the burst relatively unscathed and in some cases continued to grow in value. If you’re perusing the variety of holiday villas in Calpe, here’s why it’s worth the investment:
It makes financial sense
The market is just right. Sterling is strong, prices are still reasonable and demand is on the up and up.
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In just a single month, between December 2014 and January 2015, Spanish property sales increased by 2.4%.
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Real estate developers such as Grupo Esmeralda have documented the investment profitability of their clients’ apartments and villas in Calpe and profitability has risen from between 4% and 22 %, with revaluation rates of up to 2000%.
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Nestled in the generally more upmarket Costa Blanca north, villas in Calpe are valued around €300/m2 more than on the Costa Blanca south.
Calpe’s luxury travel market is booming
When considering the choice of apartments and villas in Calpe, the decision need not only be based on the allure of a holiday home, but also as an opportunity for profit.
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Demand for rental properties in Calpe is at an all-time high. The beautiful town welcomes half a million tourists a year – all of whom require accommodation.
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The area offers all the draw-cards of a luxury destination. From gourmet offerings, boutique shopping, sailing and spas to a good-quality supply of water sport activities and an abundance of nature trails.
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This demand means that your property could double as a valuable source of income. Companies like Grupo Esmeralda’s rental partner take care of the entire administrative process.
It’s a financially viable excuse to escape the rat race
Considering the stress of technology and modern living, this investment could be just the opportunity you’ve been looking for to remodel your lifestyle. And where better than to the laid-back Valencian coast?
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With the centre of town hugging the coastline, Calpe epitomises sea-side living.
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Being a quick flight from the UK makes the location ideal for quick visits or long holidays.
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Its Mediterranean climate is reason enough to make the move. Winters are mild; summers warm, and it only rain occasional.
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Everything is accessible by foot, from the white sand beaches to the tree-lined streets of the old town where one can wander from local bakery to butcher to fishmonger to pick up all your supplies for an evening in.
Should you have any concerns about dealing with foreign real estate companies, working with professionals like Grupo Esmeralda will put your reservations at bay. They provide expert advice into the various neighbourhoods that Calpe has to offer and are dedicated to finding the property that’s just right for you. Their portfolio includes a wide range of apartments and holiday villas in Calpe. For further information contact Grupo Esmeralda Grupo Esmeralda and a member of the team would be only too happy to lead you to your very own terrace overlooking the med.