Real Estate in Costa Brava

Why Should You Buy Real Estate on the Costa Brava Coast?

One of the prestigious Spanish resorts popular among tourists is the Costa Brava. This region on the northern Mediterranean coast is known for its mild climate, picturesque landscapes, and incredibly clean, healing air. If you visit here even once, the dream of moving to this paradise will grow stronger with each passing day. Costa Brava is a place where you can not only buy property profitably but also start a successful business by investing in commercial real estate. In this region of the country, the industrial sector is fairly developed. However, the primary source of income is tourism. The cost of living and services here is lower than in other Spanish resort regions. This is one of the significant reasons why foreigners love to vacation in Costa Brava. Additionally, in this part of the Mediterranean coast, real estate prices are quite affordable, which cannot go unnoticed by investors.

Investing in Residential Real Estate

The simplest form of investment is buying residential real estate with the possibility of renting it out later. Any private individual can make such a deal. The procedure does not require the official registration of a company and mandatory licensing of commercial activities. You can run such a business without worry, as long as the tenants pay their taxes. Therefore, all income must be declared. There are several types of residential properties that you can buy on the Costa Brava coast in Spain:

• Antique stone village houses;
• Modern-style villas;
• Apartments in multi-story buildings;
• Townhouses.

The cost of real estate directly depends on the location where it is built. For example, there are premium-class areas on the coast, such as Palamos to L'Estartit. Real estate prices in this part of the Costa Brava will be significantly higher than in other regions of Spain. Speaking of a district like Playa de Aro, priority is given to the construction of apartment buildings. In this part of the Costa Brava, you can buy affordable real estate.

Investing in Commercial Real Estate in Spain on the Costa Brava

The country welcomes anyone who wants to build a family business on its territory. The best option is to invest in commercial real estate. The most profitable option is considered to be the hotel business. Therefore, large investors are recommended to buy or lease a hotel, the cost of which can range from 4 to 10 million euros. As practice shows, the invested funds pay off several times over a relatively short period. You can invest not only in existing hotels but also in new construction or the restoration of abandoned buildings, depending on the client's preferences. Based on all of the above, it can be concluded that Spain is a country where affordable and luxury real estate can be a source of profitable business. Buying and selling real estate in Spain on the Costa Brava coast is one of the directions pursued by the international company Hayat Estate. The agency has been successfully operating in this field since 2012. The company's employees are focused on achieving results, which means helping investors make profitable investments and assisting clients looking for overseas housing.