Costa Blanca, Still the Expats Choice

| Posted: 10-10-2007 | Comments: 0 | Views: 20 | Rating: (57)

(?)

Unless you have been hiding under a rock recently, it should be fairly common knowledge to realise that the once booming property market in Spain has been experiencing a fairly dramatic slow down as competition hots up from some of emerging areas of Europe.

Indeed in the North Costa Blanca with its beautiful towns of Javea, Denia, Moraira and Calpe, the particular area where I live and run an Estate Agency, Spain has been guilty of "shooting itself in the foot" by allowing such issues as "land grab" to become major concerns to potential buyers, particularly in the Comunidad de Valencia.

It has also reacted very slowly to some of the dreadful publicity that this has generated by the media and has taken far too long to sort out individual cases.

The North Costa Blanca, along with many other coastal resorts has seen massive over building of apartments, townhouses, bungalows and villas with the Spanish clearly believing that North Europeans will continue to flood the area in their droves.

The reality is that Spanish property is simply not as cheap as it used to be. In the towns of Javea and Moraira for example, villas, apartments, bungalows and townhouses have been built by the hundreds and this has had a dramatic effect on the investment market in particular as it is now very difficult to make short term gains due to the number of properties that are for sale.

However, Spain and in Particular the Costa Blanca and Costa Del Sol is now a sophisticated modern country offering a very high standard of living and quality of life within a politically and economically stable environment.

Education, healthcare and communications are excellent and are combined with a superb climate, lower crime rates than Northern Europe and a native population that are welcoming and willing to share their country. So with this in mind, towns such as Javea & Moraira should be expensive places to live, ranking alongside those in the UK and Germany.

Forecasting any property market is difficult and a consolidation of house prices had to happen especially when you consider that Spanish salaries are not too different to what they were in 1997! Sooner or later the gap becomes too big as many Briton's will remember from the late 1980's.

This does not mean however that there has or will be a crash. It simply means that a period of realignment is needed as property prices stabilise and remain static for a period. This can also be a good thing, acting as a spur to better building and encouraging areas such as the Costa Blanca to heed the lessons of the past from other areas of the country.

Irrespective of short term investment pitfalls, the fundamentals of Spain will remain solid. The wonderful climate, stunning scenery, quality infrastructure and proximity to the UK will ensure that Spain will always be one of the top destinations of expats. The towns of Javea, Moraira and Denia are a good example of some of the stricter planning laws now in place.

Apartment complex's can only be built 4 stories high and local town hall's are committed to preserving green areas. This all helps make the Costa Blanca an ideal location for a holiday home or permanent re-location. In fact, in a recent survey carried out by Barclay's bank, the number of Brit's owning a property abroad is forecasted to double from 2.2 million to 4.4 million over the next decade of which 30% will head to Spain.

These purchasers will be buying into a life style, and the benefits of picking an area such as the Costa Blanca are self-evident as there is no doubt that the area offers a secure, long term future for property owners.

As in any country, the buying and selling of property is a serious business, particularly that property markets are rarely stable for long. But as a buyer who carries out proper research and purchases through the proper channels using reliable lawyers, then you should be able to sit and watch short term fluctuations whilst enjoying the fruits and life style of a great long-term investment.

Rate this Article:

Current: 0 / 5 stars - 0 vote(s).

Article Tags: Villas, Spanish Property, Costa Blanca Villas, Spanish Villas, Javea Property, Holiday Property

Article Source: http://www.articlesbase.com/non-fiction-articles/costa-blanca-still-the-expats-choice-231731.html

Print article

Send to friend

Publish this Article

Author feedback

About the Author:

Shaun Parker is an expert in the Spanish holiday property market, villas in Costa Blanca and property in Javea. Costa Blanca villas

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Add new Comment

Sampling All Spain Has To Offer
By: Shaun Parker | 23/12/2007 | Travel
A look at Spanish culture and the benefits of buying property in the country.

Buying Property in Spain
By: Ken Jones | 07/03/2006 | Finance
Why is Spain Europe's most popular country for the purchase of a foreign property. A look at the types of property available. The estate agent, the solicitor and making an offer to buy. Spanish paperwork and how to get somebody else to do it.

Villas in Spain: Blend of Luxury and Profitability
By: Brittney Jackeline | 17/10/2007 | Real Estate
Villas in Spain offer a life full of luxury the property market promises a tremendous business prospect. The villas have everything that one needs to live life to the fullest. Again, once the villas are made, they are sold or rented at high price.

Spanish Villas - Live in or Invest On, you Will be Gainer
By: Brittney Jackeline | 17/10/2007 | Real Estate
It is not simply the pleasure of living in the villas in Spain that attract the attention of million of visitors from all over Europe. The villas have tremendous business prospect and this is what draw the interest of many of them.

Exchange Rate Appreciation Wipes Out Gains In Property Markets
By: Neil Ebsworth | 29/03/2008 | Real Estate
A look at the effect of exchange rates on property markets across Europe

Spanish Villas: Attractive for Visitors as Well as Investors
By: Brittney Jackeline | 19/10/2007 | Real Estate
Spanish villas combine state of the art technology and aesthetic beauty that make them unsurpassable in their design and facilities. Sitting in the middle of unlimited facilities, these villas attract the attention of visitors and investors equally.

Villas in Spain Abounding in Comfort
By: Brittney Jackeline | 19/10/2007 | Real Estate
All that one needs to live a life of luxury are included in villas in Spain. Being spacious, clean and healthy, they provide their occupant with the highest level of comfort. At the same time, they are good choice for investment.

Invest in Spanish Villas; Enjoy Life and Make Huge Profit
By: Brittney Jackeline | 19/10/2007 | Real Estate
Spanish villas are always in demand as there is constant inflow of tourists visiting Spain. Making investments in Spanish villas is bound to come with huge profit.

Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

Private pool with accomodation
By: binaldi | 24-08-2008
Where can I stay for a few nights with a villa or casita or room which will offer a private pool with the accomodation? I have found a casita at Morongo in Cabazon CA which ad a 3 1/2 foot soacking or dipping pool on the patio & it was lovely. Thanks for any suggestions you may offer. :-)

Trying to find more on Senorina m. Garcia that was ...
By: raye | 17-08-2008
Trying to find more on Senorina m. Garcia that was a camp follower

I have purchased a property in Tenerife which is ...
By: Bilbo | 31-07-2008
I have purchased a property in Tenerife which is now 16 months late in completion. I have put 20% of the purchase price down but I have heard that the developer is in difficulties and may go bankrupt. Where do I stand for the return of my monies. The property is nearly completed.

Q&A Powered by:

Latest Non-Fiction Articles

Writing Your Family History and Keeping Yours Alive
By: Patrika Vaughn | 02/09/2008
Digging into your family's past and writing about the people and events you discover can be a fascinating endeavor. A family history also helps children and grandchildren develop a sense of belonging, a feeling of continuity between the generations.

How to Write More
By: Ruth Barringham | 01/09/2008
Being a writer is a job like any other. It has benefits because you can work from home from anywhere in the world and choose your own hours. It has the downside of requiring self-discipline and complete focus to get your work done, and to do it well. The following is advice to help you write more and earn more.

The Time to Become a Successful Writer is Now
By: Ruth Barringham | 01/09/2008
If you want to be a successful writer, you need to act now to turn your dream into a reality. But if you are currently not acting and not working towards becoming a wealthy writer, what’s holding you back? And, more importantly, what can you do about it?

How to Write a Great Introduction in Five Steps
By: K. N. Singer | 31/08/2008
It's easy to write a great introduction if you know how.

A Dying Art
By: http:www.MonogramMecca.com | 30/08/2008
Taking the time to write a letter is a wonderful, beautiful way to show someone you care. Receiving a letter is a meaningful experience. So, lift your finest pen, select your favorite stationery, and sit down for a few minutes of calm and focus. You can create a work of art.

Getting Back on the Writing Horse
By: Mary Anne Hahn | 26/08/2008
Has your writing been stalled lately? Here are a couple of possible reasons for it--and the cure,

In the Lap of the Gods 21
By: Steve Morgan | 25/08/2008
At Wesley College boarding school Steve nearly burns down the cow shed.

Write a How to Book First to Sell Way More
By: Earma Brown | 21/08/2008
Did you know Americans alone spend $8.5 billion a year on how-to and self-help information products and services?

More from Shaun Parker

A Guide To Eco Friendly Electrical Appliances
By: Shaun Parker | 03/09/2008 | Technology
An objective assessment of innovative eco-friendly remote controls and other electrical appliances from three separate manufacturers.

Keep Fit The Fun Way In Spandex And Ice Skates
By: Shaun Parker | 01/09/2008 | Equipment
This article is an overview of the most popular sports on ice and a guide to keeping fit the fun way on ice skates.

Discover The Latest Technological News
By: Shaun Parker | 27/08/2008 | Technology
A accurate and up to date summary of the latest development in technology news.

They Are Car Accessories Jim, But Not As We Know It
By: Shaun Parker | 27/08/2008 | Cars
A review of the latest futuristic accessories for your car complete with expert evaluation of their cost in relation to features.

Photo Books, Prints And The History Of Photography
By: Shaun Parker | 27/08/2008 | Technology
Printing techniques have developed a great deal over the years and are now available from the home.

Boutique Hotels Put The Man Back Into Romance
By: Shaun Parker | 26/08/2008 | Travel
An article with hints and tips on turning a luxury break into a romantic stay for two. From foods to flowers, what to plan and what to do to be able to say I love you.

Shelf Company Business Solutions
By: Shaun Parker | 24/08/2008 | Real Estate
An article outlining the benefits of buying a readymade company to enhance business potential.

Discover The Latest In IPod Speakers
By: Shaun Parker | 24/08/2008 | Technology
An impartial comparison of three cutting edge models of iPod friendly speakers from three seperate manufacturers.

Article Categories

Article Marketing

Article Notepad

Stop Duplicate Content

Term Papers

Follow ArticlesBase at http://twitter.com

Need Help?

Sign up for our email newsletter

Receive updates, enter your email below

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.60, 17)

Costa Blanca, Still the Expats Choice

Article Comments

Related Articles

Got a Question? Ask.

Latest Non-Fiction Articles

More from Shaun Parker

Need Help?

Site Links

Webmasters

Business Info

Sign up for our email newsletter