The Real Estate market on the Costa Brava

The release of the Spanish property market to foreign investors is considered one of the most effective measures taken by the government in the field of economic policy. Since its launch, hundreds of foreigners (especially from France, Belgium, Great Britain and Germany) have acquired a property in Spain, most of them to enjoy the good weather that offers our country. In recent years the Costa Brava has also attracted many investors from the Russian market, most of them looking for luxury properties. This growth has strongly stimulated the tourism and the Real Estate market.

Considered the most exclusive coastline of Spain by the foreign buyer, the towns of the Empordà districts, placed under the French border and come close to Barcelona, ​​for its strategic location that is open to all its services, is one of the most sought after. In villages like Calella de Palafrugell, Llafranc, Tamariu and Begur, the protection of the coast with regard to construction, and sustainable tourism, compared to the other coast with massive construction in front of the beaches, has always been the main reason that attracts national and foreign tourists.

The complicated terrain of the beaches of Girona, which left out the area of major urbanizations, has made the housing stock with no buyer, is less. But sales are still in the same vein as in the rest of Spain and this has led to adjust prices with discounts of 10% to 30% last year.

The current situation is a great investment opportunity.

The pending approval of a new law, could be a reason to add for the foreign customer. The government is preparing a reform of immigration regulations, to facilitate residence in Spain of non-EU foreigners who buy a home at a price of 160,000 €. If realized, the residence permit would act as an additional attraction to generate purchasing decisions among people from outside the EU and thus revive the market.

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