Property Hot Spot

The real estate market in Andalucia has been split into five different provinces or zones and they stretch all the way from the mighty mountains to the rugged coastlines. The different regions covered under the Andalucian real estate market include the coastal areas of Costa del Sol, Costa de la Luz, and Costa de Almeria. Somewhere between these three regions, there lies miles and miles of virgin territory. These territories are being developed at a slower pace but they receive great amount of tourists who are constantly falling in love with Costa Tropical.

From the virgin stretches of white, grey and golden sand to the peaceful waves of the Mediterranean, this is a new found paradise. The Andalucian region is slowly becoming one of the top real estate property hotspot in Spain and all thanks to the deserted coastlines, small towns, and 325 days of sunshine.

The prices of real estate properties in this region vary according to their location and the type of property. For example: you can get a finca or farmhouse for as little as £50,000 and it can go up to £600,000. The coastal villas carry a minimum price tag of £150,000 and their prices sometimes touch the sky. You will find some of the most stunning coastal villas with a price tag of £2 million or even more. You can find 1/2/3bed apartments with a price tag that ranges between £80,000 and £500,000.

In fact, the property prices in Costa Tropical have increased by almost 20% every year for almost three years now. The main reason for this kind of a spike in the real estate prices in this region is because of two reasons:

The Andalucian region is one of the most beautiful regions in Europe

The region is still a virgin territory where real estate activity and development is concerned.