Why Investing In A Second Home On The Costa Blanca Is A Smart Idea

You canât put a price on some things. Quality of life, the climate, the Mediterranean lifestyle and the feel good factor of being in a great place with wonderful scenery, friends and plenty to do, canât be measured in money. There is more to life than cash!
However we canât avoid the sticky topic of money because along with love, it does make the world go round. This is why investing in property on the Costa Blanca is such a smart idea. Property prices of apartments at the Costa Blanca offer fantastic value when compared to other locations and you have an amazing choice that can suit low budgets. These include properties that are below â¬50,000, in some areas.

According to statistics the average British family holiday in Spain costs around £4800 so owning your own holiday destination will certainly save you money long term. As well as a sound investment in bricks and mortar, your second home has serious letting potential. When you are not using it for your own holiday or long term stay, renting it out will provide a regular income stream to top up your finances. You can do this via a letting agent or alternatively do it privately via friends, family or Air B and B.
Living is Spain is much cheaper than living in the UK or in other Northern European countries. For a start you won’t have heating bills to worry about if you decide to come and escape the winter, beacuse the temperatures a much higher than in the north of Europe..

In addition the cost of living is generally much lower. Food prices are lower than in the UK and eating out and drinking is much cheaper too. You can afford a better standard of living that wonât cost you a fortune. A great advantage of buying a second home in the Costa Blanca, is that it is served by two busy international airports; Alicante airport which is north of the region and Region de Murcia airport which is further south. Flights from London Gatwick to Alicante take around 2 hours and 20 minutes and because the routes are popular, you can find very cheap flights, sometimes for as little as £20.00. This makes visiting your second home extremely affordable and even possible for a long weekend or a mid week and spend a couple of days at the beach and enjoy the good life.