Is Buying A Home In Moraira A Good Idea?
A lot of people who visit Moraira fall in love with this pretty coastal town overlooking the sea. It is not only a wonderul place for making memorable holidays but also for settling down to a magical new life in Spain. The town itself has quaint streets with small shops and restaurants, the castle is a focal point for events and festivals throughout the year and the weekly market is a great place to shop for fresh fruit and vegetables as well as clothes and gifts. Another bonus is the towns easy distance to the cities of Alicante and Valencia making international travel to and from the area easy and also just a short drive will take you to stunning countryside and mountains inland.
Quality of Life in the Costa Blanca
Moraira and neighbouring towns provide residents with a wonderful lifestyle, the climate remains mild throughout the year and even in the heat of the summer there is usually a welcome sea breeze. Most people will, therefore, spend their free time outside participating activities both onland and at sea, this combined with the excellent Mediterranean diet ensures a more healthy and enjoyable way of life generally.
Property Market
Generally speaking the property market in Moraira has been relatively stable even during times when the economy was uncertain which has encouraged both domestic and international buyers to look for property for sale in Moraira. There is also a steady demand for homes for sale in the Costa Blanca region. The area attracts tourists to enjoy the summer and also longer visits to rent properties during the winter and enjoy the mild climate not available to those from colder countries in the north of Europe or the UK. The rental potential when buying property in Moraira is also attractive to investors who can look forward to a good income from letting out their Spanish home.
Growth in Value
Whilst not guaranteed the property market in Moraira has had a tendency to appreciate, this is sometimes driven by the increased demand for properties, limited availability of homes for sale and economic growth.
What to consider when buying a home in Moraira
Properties for Sale in Moraira will not necessarily be the lowest in the Costa Blanca but, remain a good investment and prices will depend upon location, size and condition. Make sure that you are not unrealistic with both what is available and what you can afford. Check which location suits your lifestyle best and contact our helpful team and Hamiltons of London in Moraira to discuss your requirements and budget. We will be happy to help you search for and find your perfect home in Spain. Consider when selecting your new home your future goals and on going costs for maintaining your property. Anyone planning to rent out their home whether to tourists, seasonally or long term they should check with a legal representative familiar with regional law about any regulations which need to be adhered to because these are constantly being updated. Seek out some recommendations for management companies who can look after your property, as well as your best interests and those of your tenants if you are not in Spain to manage this yourself.
Conclusion
Whenever you decide to buy a home it is always best to do a lot of research and set a realistic budget to avoid any costly mistakes and buying a home in Moraira is no different. Nonetheless buying a home in this gorgeous place will not provide you and your family with many memories. It will be a great home whether you just visit regularly or live here permenantly and it will also represent a good investment.
