Costa Calida Property

In August, a well-located Costa Calida property on the beach is invariably at 100 per cent occupancy....
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Costa Calida property prices are increasing, but it is the boom in tourism that is fuelling the area's rise. When it comes to attracting tourists, the Costa Calida is naturally blessed. It has an average annual temperature of 18 degrees Celsius (with high summer reaching as high as 40 degrees Celsius), low rainfall and a stunning landscape that includes the pine-clad Sierra Espu–a mountains.
The area between Cartagena and Mazarron is attracting attention. Costa Calida properties on the beach are significantly lower priced than on the Costa Blanca or Costa del Sol, and the opening of the new AP7 motorway has reduced the travelling time from San Javier airport significantly. This is good news for those buyers of property in Costa Calida who want to get a rental income from their Costa Calida property. In August, a well-located property in Costa Calida on the beach is invariably at 100 per cent occupancy.
Average prices of Murcia properties have continued to rise year on year, while always managing to remain below the national average.
As well as good rental potential, capital gains on Costa Calida property is also looking attractive. Heading slightly inland reveals a similar story. Prices of new-build property in Lorca, an hour inland from Murcia city, rose by an average of six per cent in the last year and the average resale rose by four per cent.
The Homes Overseas Guide to Buying Property in Spain has advice on the legal and financial aspects of buying property on the Costa Calida, plus overviews and information on the buying process of Costa Calida property.
Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.