Invest in urban, coastal or mountain property
Zoom on the real estate market in 2022
In case you thought not, from Bhouses Real Estate, our real estate consultancy specialising in urban, coastal and mountain real estate, we assure you that the Spanish property market continues to be one of the most stable and profitable for investment.
Its main boost has come from the reactivation of consumption after the impasse caused by the confinement, to which have been added the new housing needs of citizens and the attractive conditions of mortgages. And the best thing is that experts predict that this trend will continue in 2022 and that the sector will continue to grow over the next 12 months.
Despite the huge growth, property values are not yet at an all-time high, so even buyers on a budget will find something that suits their capital and allows them to buy the property of their dreams. So, if you haven't made up your mind yet, this is your year to invest with us!
COVID-19 and real estate
As was the case all over the world, the health crisis caused by Covid-19 brought about many changes in our lives. Many of them are related to our preferences in choosing where and how we want to live.
Covid-19 has caused the housing market to experience a spike in demand for homes located in natural settings, with views and outdoor spaces, as well as areas where we can breathe clean, healthy air.
Researchers have also found that people who do not have access to outdoor space in their homes suffer more anxiety than those who have a garden, terrace, balcony or who can simply enjoy views of the mountains or the sea.
An environment of economic recovery - conditioned by the evolution of the coronavirus and inflation - is likely to be conducive to house price growth similar to that of 2021.
According to the National Statistics Institute (INE), property prices in Spain rose by 4.2% in the third quarter of 2021 compared to the same period in 2020 and, according to the Ministry of Transport, Mobility and Urban Agenda, the average value per square metre now stands at €1,661, the highest figure since the end of 2011.
In the wake of the pandemic, a trend has taken hold that strengthens our bond with the space we inhabit, although it does not anchor us to any of it: teleworking or home office. This practice, while effective and just as productive as face-to-face work, makes it easier for us to move around, as it is no longer compulsory to spend the day in the office.
Some people not only work remotely, but also thousands of kilometres away from their companies' offices. Imagine teleworking from that home office you have set up in the room in your house with a stunning view of the sea. In this sense, you no longer have to wait for holidays to spend time in your second home on the Mediterranean coast; on the contrary, teleworking in Spain offers better possibilities to enjoy many more hours of sunshine and lower living and housing costs compared to Germany, France or the Scandinavian countries.
Teleworking from a residence in Spain will also give you the flexibility to cultivate a lifestyle that harmonises financial, professional, physical and emotional well-being.
Optimise your finances. Advantages of investing on the coast or in the mountains
Buying a post-covid home can be more economical than it seems. In fact, you should always see it as an investment rather than an expense.
The competitive prices of the coastal area are due to the existence of two fundamental markets: one of maximum exclusivity, located right "on the beach", whose growth is very limited and that is why it is the best place to invest and make your capital grow as soon as possible. On the other hand, there is a newer market: properties being built approximately 500m from the beach, which ensures a considerable supply of properties at relatively affordable prices and has driven the creation of a real estate market full of opportunities.
Investing is a great reason to buy a house near the sea; in this case, as a second home. It is currently a good time to make this type of investment, in fact, coastal real estate is a very interesting market for foreign buyers. International buyers turn their great purchasing power on properties on the Spanish coasts, which generates great competitiveness. So, if you have not yet made up your mind, we recommend that you choose this type of property in order to obtain greater profitability in the future.
Another advantage of buying a property on the coast is its long-term profitability. Today's real estate figures point to a growth in the sale and purchase of this type of property for the next few years, with a forecast increase of between 3% and 5% per year. This means that you are still in time to buy a property with these characteristics at a good price and sell it for more money in the future, obtaining great profitability with the operation.
Another benefit we want to tell you about is that buying a beachfront home can bring you extra income. Don't be surprised, it is perfectly possible: if you are going to use this property exclusively for temporary use, there will be months in which it will be empty and you can make a profit from it. The key is to rent it out during the holiday season and in the periods when you don't use it. This is a beneficial way of defraying maintenance costs and even some mortgage repayments.
With a property on the coast or in the mountains you can benefit from the goodness that nature brings to your body and mind. You will be in a healthier environment, away from the pollution and stress of the big cities and with an excellent landscape to look at during those endless hours in front of the computer. A property close to the sea will put your hygge to the max. Do you know this Danish concept? It doesn't really have a literal translation, but it would be something like getting a feeling of well-being and absolute comfort. If you were to ask a Danish person what they understand by hygge, they would probably describe a Sunday afternoon, cosy in front of the fireplace with a steaming hot chocolate, or enjoying the sun in an armchair on their terrace facing the sea, from where they have relaxing and incredible views.
Bhouses Real Estate
Investing in a property on the Mediterranean Coast, in the Pyrenees and in the main cities of Catalonia is one of the smartest decisions you can make. Imagine the great luxury of enjoying a beautiful view from your terrace overlooking the sea; experiencing the excellent Mediterranean climate, which offers an average of 340 days of sunshine a year and enjoying exquisite culinary culture, good music and beautiful natural landscapes.
The properties we offer have exceptional locations on the best beaches of the Coast, Pyrenean landscapes and charming urban neighbourhoods; they are comfortable, well lit by natural light and -although they are usually close to shops and services- you will find the peace and quiet you are looking for to live or spend a holiday.
We are the real estate consultancy specialising in Personal Property Shopping services for buyers and exclusive services for properties with character and we connect you with the home of your dreams at prices that are competitive and adaptable to your budget. Because satisfying your needs and those of your family is our premise.