REASONS FOR INVESTING
 IN THE WEST COAST OF ANDALUCIA


News article quote from eyeonspain (2006):
"Huelva, on the western Costa de la Luz, has 'hotspot' written all over it! There are two massive triggers coming into place - a proposed international airport and a high-speed train connection with Seville. Mix in the beautiful undeveloped coastline, the protections that limit construction and the affordability and you have a sure-fire winner from where I am sitting..." ¹

The West Coast of Andalucia has been the Spanish and Portuguese holidaymakers secret up until recent years. Despite growing development, the West Coast still retains that true natural beauty which has been lost in regions like the 'Costa Del Sol' and other parts of Spain due to overdevelopment.

The coastline architecture blends comfortably into its surroundings while the strict planning rules keep that typical Spanish feel to the place. The West Coast of Andalucia is currently one of the fastest growing Spanish property markets.

The Spanish ministry of tourism predicts that more than 1 million foreigners will set up home on the Spanish coast in the next 5 years, and the figure is expected to treble by 2025.

• Climate
Spain has become a top destination for property investment. The dream lifestyle has become a major priority for Northern Europeans who are disillusioned with unstable weather. The West Coast of Andalucia offers warm, year round climate which allows an unlimited amount of outdoor pursuits.

• Budget Flights Low budget flights to the UK and other European countries from Faro and Seville provide easy access for commuting throughout mainland Europe.

• Property Market The Spanish property market continues to grow and is expected to rise in the near future. Offering Idyllic villas, coastal apartments or remote “Fincas” bringing a variety of  ideal properties for investment or for that permanent relocation to the sun.

• Interest Rates With significantly lower interest rates than most countries in Europe young investors can afford to buy in Spain. It is becoming increasingly difficult for the younger generation to invest in property in their home country so many are obtaining their first property overseas.

• Rental Market An increasingly stable rental market exists on the West Coast primarily due to the year round sunshine which makes for more favourable returns.

• Off-plan Purchases These are popular investment options as you can sell the property at a higher cost prior to completion whilst avoid paying the total closing costs.

• Safe Return On Investment Pension, saving plans and stock investments have become less attractive and are creating a concern amongst the general public. People now consider property to be the safest way to insure a satisfactory return on investment.

• Relaxation Less development, fewer people and less traffic makes this region a more relaxing holiday or relocation destination than other Spanish coastal areas.

• Economical Recent surveys indicate that the West Coast of Andalucia is the cheapest coastal spot when it comes to eating out. Whether you're just having a quick coffee or beer you will notice a big difference in your wallet and with frequent low budget flights to the region this makes it a perfect getaway.



For more investment options view our 'West Coast Andalucia' icon

1. EyeonSpain: http://www.eyeonspain.com/investment/spain-property-advice.aspx