Buying in Spain offers many a better & longer life
Property Mail talks with Property expert Peter Bowerman about the Costa del Sol property market.
I
nvesting in bricks and mortar has historically always shown great long term capital growth and with the
latest reports predicting continued price increases of around 6% in the Costa del Sol this year, now seems the perfect time to purchase rather than rent. Many Costa del Sol home owners are also selling to upgrade and move up the property ladder, while prices are still low. So why is the Costa del Sol still Europe’s favourite destination? Firstly, as the name would suggest, Costa del Sol (Sun Coast) has around 320 days of sunshine a year and an average temperature of 20°C. Having one of the best microclimates on the planet means beautiful long summer evenings
28 / PROPERTYMAIL
outside, lazy days on the sandy beaches and some of the best golf courses in the world. Te Costa del Sol also offers an incredible lifestyle with beautiful Marinas, chic designer shops, traditional Spanish Tapa’s bars serving fine Spanish wines and glamorous seafront restaurants with their Michelin star Chefs. According to Eurostat, living well in Spain is still very affordable, with food and drink prices well below the E.U. average. Te result is that Spain has a quality of life that’s hard to beat; the climate, the healthy Mediterranean diet and the outdoor lifestyle mean that Spaniards have the longest life expectancy in Europe and are second worldwide, just behind the
Japanese. Also many friends and clients of ours that suffered in the UK with old sports injuries or arthritis, feel rejuvenated in the warmth of the Costa Del Sol, and live very active lives while in Spain. For over 25 years I have been advising buyers and investors on which property best suit their requirements ie, which property will be the best for rental or long term capital growth, both very different acquisitions. I have based my whole career and future around property, which I genuinely feel is still the safest and most lucrative form of investment available. History shows that with long term property investment, prices always go up, even with all the fluctuations in-between. Now would
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36
