{"id":528415,"date":"2024-08-05T10:52:13","date_gmt":"2024-08-05T07:52:13","guid":{"rendered":"https:\/\/alegria-premium.com\/?p=528415"},"modified":"2024-08-13T10:52:41","modified_gmt":"2024-08-13T07:52:41","slug":"most-profitable-cities-on-the-coast-for-buying-real-estate","status":"publish","type":"post","link":"https:\/\/alegria-premium.com\/en\/articles\/realestate\/most-profitable-cities-on-the-coast-for-buying-real-estate\/","title":{"rendered":"The most profitable coastal towns for buying property"},"content":{"rendered":"<p>The average yield you can get in Spain by buying property to let is 6.5%, but there are coastal areas where it is rising fast. This is due to high demand and large numbers of tourists for almost the whole year.<\/p>\n<p>Coastal homes have become a prime asset thanks to their security and profitability, which is particularly high in Andalusia and the Valencian Community. Here rents are rising much faster than sale prices, and as a result &#8220;second home&#8221; markets are also attracting investors&#8217; attention.<\/p>\n<p>According to a recent report by the Fotocasa portal, the most profitable coastal municipality in the country is Mazarr\u00f3n in Murcia, at 11.4% a year. The top ten also includes Gandia in Valencia (10.8%), Laredo in Cantabria (9.6%), \u00c1guilas in Murcia (9.6%), Motril in Granada (9.5%), Punta Umbr\u00eda in Huelva (9.2%), Ferrol in A Coru\u00f1a (8.8%), <a href=\"https:\/\/alegria-realestate.com\/ru\/articles\/la-manga-spain\">La Manga del Mar Menor<\/a> in Murcia (8.6%), Badalona in Barcelona (8.3%) and Burriana in Castell\u00f3n (8.2%).<\/p>\n<p>In total, in the first half of the year the yield on coastal homes was equal to or above the national average (6.5%) in 36 towns. It is worth noting that this number has grown several times over in the last 15 years: in June 2009 the yield was above the average (4.4%) in only 11 places.<\/p>\n<p>At the other end of the scale, owners earn least from letting their homes in San Sebasti\u00e1n (3.7%) and <a href=\"https:\/\/alegria-realestate.com\/ru\/articles\/city-of-spain\/calpe-spain\">Calpe<\/a> (3.7%). In the first case, sale prices rose by 8% year on year while rents went up by only 2%; in the second, the figures were 16% and 1.6% respectively. Also below 5% a year are <a href=\"https:\/\/alegria-realestate.com\/ru\/articles\/life-in-spain\/marbella-areas-to-live-and-buy-real-estate\">Marbella<\/a> (4.1%), Getxo (4.3%), <a href=\"https:\/\/alegria-realestate.com\/ru\/articles\/city-of-spain\/guardamar-del-segura-sights-and-beaches\">Guardamar del Segura<\/a> (4.4%), Orihuela, <a href=\"https:\/\/alegria-realestate.com\/ru\/articles\/getting-to-know-the-city-of-fuengirola\">Fuengirola<\/a> (4.5% each), <a href=\"https:\/\/alegria-realestate.com\/ru\/articles\/rincon-de-la-victoria-city-guide\">Rinc\u00f3n de la Victoria,<\/a> Torrox (4.6% each), M\u00e1laga, Vigo, C\u00e1diz (4.7% each), Pontevedra, <a href=\"https:\/\/alegria-realestate.com\/ru\/articles\/city-of-spain\/estepona-spain\">Estepona,<\/a> Sitges (4.8% each), Palma and Almu\u00f1\u00e9car (4.9% each).<\/p>\n<p>Before buying a coastal home as an investment, you need to check whether the purchase fits your family budget and whether you can afford the related costs, such as taxes, insurance, maintenance and rental management. It is also advisable to study the property market in the area you are considering: price trends, rental demand and any factors that could affect the value of the property. You should also check whether the area has access to services and good transport links, and how close it is to tourist attractions and leisure spots, which are essential for letting the property later.<\/p>","protected":false},"excerpt":{"rendered":"<p>The average yield you can get in Spain by buying property to let is 6.5%, but there are coastal areas&#8230;<\/p>\n","protected":false},"author":3,"featured_media":528416,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-528415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-realestate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The most profitable towns on the Spanish coast to buy property<\/title>\n<meta name=\"description\" content=\"The average rental yield on property in Spain is 6.5%, but there are coastal areas where it is rising fast\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alegria-premium.com\/en\/articles\/realestate\/most-profitable-cities-on-the-coast-for-buying-real-estate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The most profitable towns on the Spanish coast to buy property\" \/>\n<meta property=\"og:description\" content=\"The average rental yield on property in Spain is 6.5%, but there are coastal areas where it is rising fast\" \/>\n<meta property=\"og:url\" content=\"https:\/\/alegria-premium.com\/articles\/realestate\/most-profitable-cities-on-the-coast-for-buying-real-estate\/\" \/>\n<meta property=\"og:site_name\" content=\"New-build property in Spain. 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