{"id":7408,"date":"2015-09-21T14:37:29","date_gmt":"2015-09-21T14:37:29","guid":{"rendered":"http:\/\/taylorwimpeyspain.com\/blog\/?p=7408"},"modified":"2015-09-21T14:37:29","modified_gmt":"2015-09-21T14:37:29","slug":"costa-blanca-top-choice-for-britons-buying-property-in-spain","status":"publish","type":"post","link":"https:\/\/taylorwimpeyspain.com\/blog\/costa-blanca-top-choice-for-britons-buying-property-in-spain\/","title":{"rendered":"Costa Blanca top choice for Britons buying property in Spain"},"content":{"rendered":"<p>As British property investors resume their love affair with Spain, it\u2019s the Costa Blanca which is proving to be top choice, accounting for 27 per cent of Spanish mortgage enquiries received at Conti over the last three years. And Spain continues to be top of the list for British buyers in general, accounting for just under half (45 per cent) of enquiries received by the company in the second quarter of 2015.<\/p>\n<p><a href=\"http:\/\/taylorwimpeyspain.com\/blog\/wp-content\/uploads\/2015\/09\/C1_Brisas_de_Alenda_-Golf.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7409\" src=\"http:\/\/taylorwimpeyspain.com\/blog\/wp-content\/uploads\/2015\/09\/C1_Brisas_de_Alenda_-Golf.jpg\" alt=\"C1_Brisas_de_Alenda_ Golf\" width=\"880\" height=\"370\" srcset=\"https:\/\/taylorwimpeyspain.com\/blog\/wp-content\/uploads\/2015\/09\/C1_Brisas_de_Alenda_-Golf.jpg 880w, https:\/\/taylorwimpeyspain.com\/blog\/wp-content\/uploads\/2015\/09\/C1_Brisas_de_Alenda_-Golf-768x323.jpg 768w, https:\/\/taylorwimpeyspain.com\/blog\/wp-content\/uploads\/2015\/09\/C1_Brisas_de_Alenda_-Golf-300x126.jpg 300w\" sizes=\"auto, (max-width: 880px) 100vw, 880px\" \/><\/a><\/p>\n<p>The Costa Blanca is one of Europe&#8217;s most heavily visited areas, extending 200 kilometres along the Mediterranean coast with a resort to suit every taste. And it\u2019s Alicante which has attracted the most attention from clients financing their purchases through Conti, with more than two thirds (69 per cent) of Costa Blanca buyers choosing this location.<\/p>\n<p>Hot on its heels, however, is the Costa del Sol with a 23 per cent share of purchases, thanks to miles of magnificent beaches, championship golf courses and fantastic amenities which attract sun worshippers and sports enthusiasts to its leisurely lifestyle. The sun-drenched town of Marbella is the first choice destination.<\/p>\n<p>The Balearic Islands are next on the list, accounting for 18 per cent of property purchases, with Ibiza standing out as the firm favourite. Traditionally known for its lively nightlife scene, it\u2019s also home to quiet villages and peaceful sandy beaches. And the Canary Islands, with a 15 per cent share, are also increasing in popularity, particularly Lanzarote which lies on the same line of latitude as parts of Florida and Mexico, making it an ideal all-year-round destination.<\/p>\n<p>Clare Nessling, director at Conti, says:<\/p>\n<p>\u201cFollowing a very tough few years, the Spanish property market is on the up again at last and British investors are rediscovering their love for this beautiful country. Although prices have generally still to come back up to their pre-2008 levels, recent reports suggest that the property market is experiencing a widespread recovery and this is leading to increased confidence among investors.<br \/>\nREAD Renters&#8217; response to Corbyn as Labour Party leader<\/p>\n<p>\u201cCombine this with the growing strength of the pound against the euro, which recently hit a seven and a half year high, and you can see why buyers are returning in their droves.\u201d<\/p>\n<p>According to Spain\u2019s National Statistics Institute (INE), Spanish house prices jumped by 4.2 per cent in the second quarter of this year compared with the previous three month period, strengthening the foundations of the country\u2019s economic recovery.<\/p>\n<p>Year-on-year, the figures represent a four per cent increase in property prices, which is the biggest rise since 2007, just before the start of the economic downturn and the subsequent property crash.<\/p>\n<p><strong>Caveat Emptor<\/strong><\/p>\n<p>As always, Conti says that it\u2019s vitally important for buyers to seek the right advice. Bitter experience has taught many overseas property buyers that scrimping on independent legal advice can effectively cost them their holiday home. Buyers should always go through the same process that they would follow if they were buying a property in the UK. There\u2019s nothing to be gained, and everything to lose by cutting corners and failing to carry out due diligence.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>As British property investors resume their love affair with Spain, it\u2019s the Costa Blanca which is proving to be top choice, accounting for 27 per cent of Spanish mortgage enquiries received at Conti over the last three years. And Spain continues to be top of the list for British buyers in general, accounting for just [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7],"tags":[],"class_list":["post-7408","post","type-post","status-publish","format-standard","hentry","category-costa-blanca"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Costa Blanca top choice for Britons 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