The second quarter of 2017 was record-breaking in terms of foreigners buying property in Spain. In Murcia, specifically, the number of non-Spaniards purchasing real estate was the highest since the third quarter of 2008 – totaling a quarter of all property sales.
Who are these foreigners snapping up an increasing amount of properties for sale in Spain? According to second quarter data, the top three groups of foreign buyers hail from the UK, France and Germany – making up 17.7, 8.9, and 7.3 percent of sales, respectively. Buyers from Sweden, Belgium, Italy and Romania are also buying property in Spain at impressive rates.
Now we know the top non-Spaniard buyers in Murcia, but what influences them to look here in the first place? If you asked anyone who lives in the Costa Calida, one of the top answers might be the climate – sunny, dry and comfortable most days … Read More
While our peak travel and tourist season may be over, the arrival of fall signals the beginning of another important agenda – golf tournaments and tours. This year, three of the most popular golf resorts in Murcia are hosting major events expected to unite passionate players with those who live and breathe the sport. From La Torre Golf Resort in Murcia to the Roda Golf & Beach Resort, let’s take a look at what each property is serving up this season.
La Torre Golf Resort Murcia – GNK Golf Tour
On Saturday, November 4, the GNK Golf Tour will make its second-to-last stop at La Torre Golf Resort in Murcia. The 2017 Tour, which began in April, features individual tournaments along its circuit of 7 courses designed by Nicklaus Design, including one personally designed by Jack Nicklaus. This tour is open to amateur golfers who want to experience the … Read More
As one of Spain’s prominent tourist destinations, Murcia enjoys a steady flow of visitors throughout the year – some who prefer to rent villas rather than book traditional hotels. But it isn’t just travelers who are looking for rental properties in Spain; the natives are also giving homeowners another reason to consider life as a landlord.
Let’s take a look at these two different – yet very important – audiences for those who own luxury villas in Spain.
Tourists Booking Rental Properties in Murcia, Spain
Murcia’s year-round warm climate, abundant sunshine, and outdoor lifestyle make it a popular choice for holidays and travel in general. Visitors who are looking for a home-like setting when it comes to accommodations typically look at renting houses or villas instead of hotels. Many of the luxury villas in Murcia are situated on, or very near, golf courses and other attractions. Some even … Read More
When you think of living in Murcia, you likely think of the warm climate, calm waters and lots of time spent outdoors. If you’re a local, you might also know Murcia as the destination for mud – that is, the therapeutic, nutrient-rich mud baths in the Mar Menor.
It sounds like a messy pastime, but mud bathing has taken place here for centuries. In fact, did you know the Mar Menor is called the “sea of health” for its warm waters and healing muds? Plenty of bathers have come to the edges of the lagoon seeking the medical benefits of mud, namely for arthritis, rheumatism, broken bones and skin conditions. It’s also been the source of natural beauty treatments for just as long, although you can now pay for the experience in some of the area’s luxury spas.
If you like the idea of mud baths in the Mar Menor … Read More
Spain is arguably the best place to buy a retirement home in Europe right now. Not only are the prices attractive, but interest rates are also at historic lows. Despite the slight cost increase anticipated this year, the Spanish real estate market is booming. Aside from the numbers, there are other reasons you’ll fall in love with the luxury retirement homes for sale in Murcia – three that we’ll highlight for you.
Just the Right Size for Retirement
The luxury homes for sale in Murcia are available in various sizes and styles, but all can accommodate your needs in retirement. From one-bedroom apartments to three-bedroom villas, you’ll have your choice when it comes to personal space. Many of the retirement homes for sale feature a desirable outdoor living area, whether it’s your own personal swimming pool and terrace or a shared exterior space where you can meet and … Read More
It’s halfway through 2017, and the market remains positive for buyers looking to purchase luxury villas in Spain. For one, prices continue to be attractive. Even with a 6.1% price increase over the past five months in Mediterranean coastal areas, the number of property sales in Murcia increased 17% year-on-year during the first quarter of 2017. Murcia is also the most active in residential property auctions, helping to expand the inventory of villas for sale in Murcia, Spain.
The larger inventory of homes, coupled with tempered prices, means buyers can expect a comfortable negotiation experience. In Murcia, buyers are generally putting in offers 10-15 percent below asking price, signaling favorable market conditions for those ready to throw a hat in the ring. However, be careful not to underestimate the value of these coastal properties. The market value of luxury villas in Murcia, Spain has risen by 4.7% year-on-year… Read More
Costa Calida is a water lover’s paradise, which makes it especially attractive for buyers who want a piece of Spain real estate. Not only does it offer warm temperatures year round (Costa Calida literally means “warm coast”); there are also nearly 250 km of Mediterranean coastline – including the Mar Menor on the north end – where you can launch watercraft for a peaceful retreat or a maritime adventure. If you’re interested in kayaking, then you’re really going to dig this coastal stretch of southern Spain – as a resident or as a visitor. Let’s take a look at a few different spots that are absolutely perfect for kayaking in Costa Calida.
Located on the north end of Costa Calida near the city of Murcia, the Mar Menor is a shallow, saltwater lagoon where some of the best property in Spain can be found. It’s an easygoing seaside … Read More
Wine is everywhere in Spain (it has the most vineyards in the world), but along the Mediterranean coast it’s a way of life. Murcia, especially, is known for its standout Monastrell and Malvasia wines, products of the three designated origins: Jumilla, Bullas and Yecla. The warm, semi-arid climate that we enjoy year-round creates a special kind of wine drinking experience, and it’s something that turns visitors into repeat visitors into residents. So, if you’re looking for luxury homes for sale in Spain, here are a few upscale golf resort properties where you can build a life surrounded by this beautiful wine culture.
Mar Menor Golf Resort
The Mar Menor Golf Resort is one of the most established resorts in the area. Its proximity to the Mar Menor (a shallow, saltwater lagoon) makes it easy for residents to enjoy beach time and water sports within a short bike ride or … Read More
Spain is a major powerhouse throughout the world when it comes to Sports. Football is most likely the first sport that comes to mind when you think of sport in Spain, as two of them most dominant teams in the world, FC Barcelona and Real Madrid FC are of course Spanish. Other sports where the Spanish excel include basketball, golf, motorcycling, cycling, tennis, and Formula One.
However, you don’t have to be as accomplished as Rafa Nadal or Marc Márquez to enjoy the sporty lifestyle Spain has to offer. One of the most compelling reasons why the British move to Spain is unsurprisingly for the weather, and this naturally leads to spending much more time outdoors than most people are accustomed to in rainy and dreary Britain. As a result, even those who have never partaken in any type of sporting activity find themselves becoming more active when they move … Read More
Residential property in Spain is about 10% more expensive than a year ago, but that’s not stopping buyers from snapping up homes.
In fact, sales are expected to increase by 7% in 2017, according to BBVA.
What’s creating the demand for Spain real estate, and is now the right time for you to make an investment?
As Economy Improves, So Does Spain’s Real Estate Market
Even though prices are predicted to show a 5% increase this year, the interest rates are at an all-time low, making it an attractive time to buy property in Spain. Foreign buyers from the UK, Germany, Belgium, France and other northern European countries are taking advantage of the circumstances while they can, creating demand and driving prices up even further.
In addition, unemployment in Spain is down and households have more disposable income available to buy a home. BBVA expects the number of … Read More