Posted on 28 October 2016
Britain’s perennial favourite Spanish coast, the Costa Blanca, looks to be following the Costa del Sol and Balearic islands into a property boom.
As Britain continues to digest the potential implications of life after Brexit, in Spain there is positive news from Spain’s College of Notaries. We knew that property prices were rising in the high-end locations along the Costa del Sol and major cities, but now the Notaries’ report shows prices rising in the Costa Blanca by as much as 10% in the past year.
Since the cost of buying a villa or apartment in the region is rising at a faster rate than the pound’s decline, waiting for the pound to recover looks like a false economy. In fact right now looks like a very good time to buy a property in the sun.
Serviced by low-cost, year-round flights from all over the UK, the wonderful Costa Blanca stretches for 200 kilometres of sun-drenched Mediterranean coastline. Where are the best places to buy on this idyllic stretch of white sand? That will depend on your point of view. The northern reaches of the Costa Blanca are considered to be more authentically Spanish than the beach resorts further south. Towns such as Jávea and Moraira offer British property buyers a chance to immerse themselves in local life, in picturesque surroundings.
Alternatively, you could explore the Jalon Valley, which offers spectacular scenery away from the coast. Nestled in the shadow of the Montgo Mountain, Jávea has been referred to as “the jewel in the crown of the Costa Blanca”. Traditional Spanish squares and the imposing Gothic San Bartolome church contribute to making Jávea’s old town a captivating place to visit, or live. It has even been attracting Hollywood A-listers, with Matt Damon visiting recently.
On a clear day you can see all the way to Ibiza.
Popular types of property for sale in Jávea include beach apartments with communal pools or villas close to the town centre and beaches. Homes with views of the lovely Montgo Mountain or Mediterranean Sea are, of course, always popular. On a clear day you can see all the way to Ibiza.
Moraira remains one of the most unspoilt villages on the Costa Blanca, with eight kilometres of beautiful coastline backed by stunning mountains. An upmarket Spanish coastal town, Moraira boasts pine-clad cliffs that slope down to pretty coves, overlooked by smart whitewashed villas dotted in the hills that enjoy views across the valley.
You can find property to suit most budgets; luxury villas with pools, townhouses and apartments, renovation projects and traditional Spanish fincas
For those of us that prefer a more rural setting away from the hustle and bustle of the coast, the Jalon Valley certainly delivers. Sheltered by breathtaking mountains it is the perfect spot for cultivating olives, oranges, grapes and almonds. In the spring the whole valley is filled with the scent of almond blossom. Peppered across the Jalon Valley are numerous unspoilt villages – places like Lliber, Parcent and Alcalali – where you can find a range of property to suit most budgets. You have your share of luxury villas with pools but there are plenty of more modest townhouses and apartments, renovation projects and traditional Spanish fincas to choose from too.
So, don’t let a weakened pound put you off purchasing your dream property on the Costa Blanca; capitalise on the current Spanish residential property boom instead.