For people who are looking to invest their money in a wise and lucrative way, buying beachfront property in Spain may be the perfect option.
Not only is its coastline absolutely stunning, but prices for beachfront properties are still relatively affordable compared to other popular destinations like France or Italy. Here is why buying beachfront property in Spain is a wise investment.
The Cost of Living Is Comparatively Low In the Costa Del Sol
While Spain isn’t the cheapest country in which to live, it’s still relatively affordable compared to other Western European countries. Expenses like food, transportation, and utilities are all relatively low, which means that your beachfront property with beautiful views will cost you less to maintain than a comparable property in another country.
Carefully considering a beachfront property purchase will ensure that you can invest less money, but will get the maximum amount of value and enjoyment.
While it’s always sensible to make important (and expensive) life choices such as buying a property with a financial head in mind, you can’t really quantify or qualify lifestyle necessarily as purely figure-driven empirical decision. A lower cost of living allows for more freedom, spontaneity and, of course, fun!
For many people, the beach is a place to relax and escape the hustle and bustle of big city living. Spain’s Mediterranean coastline offers some of the most beautiful beaches in all of Europe. With nearly 8,000 miles of coastline, there are plenty of options for finding the perfect spot to call your own. And while we may be biased that spots like Estepona and Marbella earn top marks for the lifestyle, amenities and culture of the area, there is a reason why people have flocked here for decades.
The Weather Is (Almost Always) Fantastic
Spain is blessed with some of the best weather in Europe. Along the Mediterranean Sea, temperatures are mild year-round, which means that you can enjoy your beachfront property any time of year. In the winter months, you’ll be able to escape the cold and relax in the sun, while in the summer you can enjoy swimming, sunbathing, a number of watersports and all of the other activities that come with warm weather.
While a beachfront property on a luxury development may give you easy access to the beach itself (not to mention an awesome sea view), some exclusive residential urbanisations also offer residents a wide range of other benefits and amenities both in the complexes and the local area.
Here, you’ll find properties with a spacious living room, access to a swimming pool, beautiful gardens and plenty of top restaurants and bars merely walking distance from your place. And, with incredible weather on tap for almost the entire year, you’re able to enjoy them more frequently than if you were in your rainy, cold homeland!
You Can Use It (And The Lifestyle) To Build Passive Income Streams
Beachfront property will always be a solid investment because it will always be in demand – especially with that huge amount of sunshine! Whether you want to rent it out on AirBnB, document your fabulous new life (complete with enviable sea views) for the ‘gram or just use that extra time that comes from buying a luxury property at a more accessible rate, there are plenty of opportunities to build a brand, create content or do other activities that generate a passive income for your lifestyle.
Of course, you’ll need to make sure that you’re in a good financial position before buying any property. But, if you’re looking for an investment that will generate long-term passive income streams, beachfront property in Spain is definitely worth considering.
Offer out parts of your property as film and TV locations. Decorate your beautiful apartment, maximise on that beautiful bright living room with an “influencer friendly” backdrop and then charge access for photographs. The sky’s the limit when it comes to monetising your new home.
You’ll Just Be HAPPIER!
Arguably one of the most important benefits of all – you’ll be happier! Studies have shown that living by the beach can actually improve your mood and make you feel more relaxed. And, with all of that extra time that you’ll have from working less and enjoying a slower pace of life, you’ll definitely have plenty of opportunities to enjoy your newfound happiness!
It’s hard to deny the appeal of a beachfront lifestyle. And, with so many benefits, it’s no wonder that more and more people are choosing to make the move to the Mediterranean. If you’re looking for a change of pace and improved quality of life, a beachfront property in Spain could be the perfect option for you.
Whether you need a one-bedroom apartment, multiple bedrooms, a particular location, close to town and the shops, the right place for the right price will definitely make you incredibly happy (and being by the beach definitely helps!).
Foodies Rejoice! Spanish Food Is Typically Very Affordable
Local markets, fresh produce, the sea at your fingertips: what’s not to love? Spain is a paradise for foodies, and the Mediterranean diet is often cited to be one of the healthiest in the world for an extra added health benefit! Not only is the food incredibly delicious, but it’s also very affordable.
You’ll be able to enjoy all of your favourite Spanish dishes without breaking the bank. And, with so many fresh ingredients available, you can be sure that you’re getting the best possible nutrition.
No More Big Heating Or Electric Bills
You have had to be living under a rock to not know about the jaw-dropping increases in the cost of living, particularly around energy and heating. While Spain hasn’t come out of this unscathed, with a temperate climate and plenty of sunshine, it’ll be easier to maintain a lower heating bill for sure. With outdoor cooking, you’ll find that you use your oven less too. Invest that extra change you’ve saved on buying a luxury property at a better rate by getting your very own bespoke pizza oven or build the BBQ grill of your dreams.
It’s worth noting that it can get quite hot here, and running A/C can end up being expensive but the longer you live here, the more you’ll get used to it and find little hacks, like opening all your windows at night to let a cool breeze in, that makes life much easier.
Plenty Of Free Or Low-Cost Things To Do In Spain
With sun, a calmer lifestyle and bags more time away from work you can really get the hobbies going when you move to a beautiful beachfront property in Marbella – and even better it can be CHEAP too!
From hiking and cycling to visiting museums and art galleries, there are plenty of free or low-cost things to do in Spain.
And, of course, there are plenty of opportunities to enjoy the great outdoors. With miles and miles of coastline, you can spend your days swimming, sunbathing, and exploring the many beaches that Spain has to offer.
And, if you have children mixing at international schools, there will be plenty more holidays and festivities for them to learn about which can lead to even more free fun.
You’ll Be Able To Learn A New Language – Or Two… Or Three!
One of the best things about moving to a new country is that you’ll have the opportunity to learn a new language. And, in Spain, you’ll have the chance to learn not one but even more new languages! Of course, you’ll probably want to learn some Spanish before you move. But, once you’re here, you can also start learning Catalan, Basque, Castilian or even another language thanks to a cosmopolitan community of expats here from all over the world.
You Can Lock Up And Leave
With a managed and serviced beachfront apartment, everything (well almost everything!) is done for you. You don’t need to worry about maintenance, or if you’re going to need to replace the roof within a year. A new luxury development, complete with security means you can have major peace of mind as you go off and explore the world.
While many people think that buying a villa in Spain is the best option, these properties are often “second-hand” and old, requiring regular updating, ensuring that they are up to code and can come with a whole host of issues.
New developments and new properties, on the other hand, are new construction apartments purpose-built for luxury living and easy maintenance – meaning that you can lock up and leave without a worry in the world or with minimal chances of costly repair bills.
So there you have it: just a few of the reasons why Spain is an excellent choice for your next home. With its affordable food, incredible lifestyle and opportunity to learn new languages, there’s nowhere quite like it. So what are you waiting for? Start your search for your dream Spanish property today!