November 26, 2007
Buying Property in Spain’s Costa Blanca
The Costa Blanca in Spain
When buying property in the Costa Blanca area of Spain, there are several pieces of information you should know.
Firstly, you should know where the Costa Blanca is. Of course it’s in Spain but where exactly? The Costa Blanca is situated in the South-east of Spain in the province of Alicante in the region of Valencia. The Costa Blanca is actually a 200km stretch of coastline (the Costa Blanca translates into English as the White Coast).
The Costa Blanca can be a dream come true for many people: justeExploring the area alone is well worth the time and effort. Of course the Costa Blanca is world renowned and has become the home of people from a variety of cultures: people from the UK and Germany frequently purchase property in the Costa Blanca and many people from other parts of the world also seem to flock to this area.
Travelling to the Costa Blanca
Travel to and from the Costa Blanca is quite simple with many airports providing good access: there are airports in the cities of Valencia and Alicante. The weather during the summer as well as the winter is pleasant, although if you are considering purchasing a property you may of course desire to buy a property as a summer vacation home.
Costa Blanca Property
Property in Costa Blanca, Spain is plentiful. Several types of dwellings can be obtained. You could decide upon an appartment, a villa or land to construct a brand new building. The summer months are booming with tourists, which can be an excellent opportunity to purchase a home as an investment property during these months and live in yourself during the winter. There are many reasons why you may decide to search for property in the Costa Blanca: vacationing or living and/or renting are all grounds to seek out property in this desirable region.
How to Choose a Property in the Costa Brava Region
Of course the internet is a fabulous tool that can really assist you in looking at properties and their prices: the internet may in fact be the best place to start. Several websites are dedicated to showing perspective buyers what type of property can be obtained.
Another suggestion is that you explore the region inperson. This is a more expensive option requiring a bit more legwork, but it can really help you to get a feel for the Costa Blanca. Travelling to the Costa Blanca will also enable you to see everything that the area has to offer, not just in terms of property types but also in terms of the variety of activities and environment that the towns and cities of the Costa Blanca have to offer. If you find a property you like and decide to make an offer, you could even become friendly with your potential neighbors!
A visit to the Costa Blanca will give you first-hand knowledge of road conditions, transportation and traffic and also what the weather is like. Finding a place you like and Knowing from experience where you would like to be is a fantastic way to decide upon buying property in the Costa Blanca.
Costa Blanca Property and Valencian Law
There is some legal information that every buyer should be aware of. If you are seriously considering purchasing a property in Valencia you should make sure you research the laws of the region. In particular you should be familiar with Valencian "Land Grab" law or LRAU (la Ley Reguladora de la Planificación Urbanística). This is a law that can grant private developers the right to assume ownership of up to 40% of your land and force you in the process to pay for the costs of "urbanising" the land they take from you. If you are ignorant of this law, your dream home could turn into the money pit from hell. If there are facts that you do not understand about Spanish (specifially Valencian) law, contact a lawyer. They can assist you with all the paperwork and legal advice you could possibly need.
The Costa Blanca is a beautiful part of Spain filled with exciting events and fabulously diverse people. Buying property here is a great opportunity but you must do your homework. Many thousands of individuals buy properties in the Costa Blanca each year as the real estate market is reasonably bouyant despite Spain’s current property downturn.