Help­ing you find your ideal place in the sun

Harefield Gazette - - PROPERTY -

BROADS Prop­erty Ser­vices has now started of­fer­ing prop­erty sales in Spain. So if own­ing your own lit­tle place in the sun has al­ways been a goal in life....then there’s no bet­ter time than now to in­ves­ti­gate fur­ther.

Whether you’re look­ing for an eas­ily ac­ces­si­ble hol­i­day re­treat, a re­tire­ment home or sim­ply an in­vest­ment op­por­tu­nity, the time and the cli­mate (in more ways than one!) couldn’t be bet­ter. The south­ern Costa Blanca is one of the two main lo­ca­tions in Spain for in­ter­na­tional prop­erty buy­ers with the Ori­huela Costa, cen­tred around Tor­re­vieja, be­ing one of the most pop­u­lar ar­eas.

Re­cov­ery is steadily grow­ing af­ter the re­ces­sion which de­scended out of the blue some eight years ago, but it’s very much still a buyer’s mar­ket on the Span­ish coast with re­sales start­ing at £38,000 and key-ready new builds from £77,000. There is also still a var­ied se­lec­tion of bank re­pos­ses­sions which are typ­i­cally avail­able, some with 100% mort­gages, at around 25% less than mar­ket value. Legal costs and taxes will gen­er­ally to­tal around 14% on all prop­er­ties.

The pulling power of this area, for hol­i­day-mak­ers, re­tirees and all vis­i­tors alike, lies sim­ply in the fol­low­ing – eas­ily ac­ces­si­ble on the mod­ern Span­ish mo­tor­way sys­tem or by Mur­cia and Ali­cante in­ter­na­tional air­ports which are used by bud­get air­lines.

There are nu­mer­ous im­mac­u­late, white sandy beaches, 15 gor­geous golf cour­ses within a half hour drive, qual­ity bars and restau­rants and one of the largest ex-pat British com­mu­ni­ties in Spain.

The largest shop­ping mall in the Ali­cante re­gion, Ze­nia Boule­vard, has re­cently opened to rave re­views with its 150 high street brands in the heart of the area. Other fam­ily en­ter­tain­ment lo­cally in­cludes go-kart­ing, horse-rid­ing, wa­ter parks, paint-balling, crown and ten pin bowl­ing, fair­grounds, wa­ter-sports,

CABO ROIG:

About 10 kilo­me­tres to the south of Tor­re­vieja, on the south­ern Costa Blanca in eastern Spain, Cabo Roig has an at­trac­tive old town and a sandy beach next to the ma­rina. the­atres and both in­door and out­door cin­e­mas.

If all that is not enough don’t for­get the 300 days of sun­shine ev­ery year and the area be­ing de­scribed by the World Health Or­gan­i­sa­tion as one of the health­i­est places in Europe to live.

Many UK buy­ers are cur­rently tak­ing ad­van­tage of earn­ing far bet­ter re­turns than avail­able else­where by buy­ing a place and rent­ing it out. De­pend­ing on a va­ri­ety of fac­tors it is very easy to at­tain be­tween 4% and 10% on rental yields us­ing one of the many rep­utable prop­erty man­age­ment com­pa­nies op­er­at­ing lo­cally.

For more de­tails please call Broads on 020 8561 9838.

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