Costa Cálida and Murcia are at the present time the centre of property investment in the Spanish Coastal area were 320 days of a year are sunny and the average temperature is 19°C.
Costa Cálida has become very popular with property investors as the growth rate of property in this area is excellent. Property capital growth rates in the Costa Cálida and surrounding areas have shown property price increase of between 15% - 25% over the last 4 years. Estimated growth is predicted to continue at this level for the next 6 - 7 years. Prices in these areas are increasing rapidly, but many areas are still reasonable compared to other parts of Spain.
It is understandable that property is being purchased by investors who are looking for a short term return on property investment, golf scene offering good rental potential; beautiful scenery is also an important issue.
With its excellent weather and beaches and unspoiled countryside, Costa Cálida is surprisingly un-effected by large scale tourism. The main reason is that the region of Costa Cálida has until very recently not been easily accessible by motorway. The A7/A37 motorway has now been extended from Alicante to Murcia. More regular flights between San Javier International Airport in Murcia and the rest of Europe now are available; also, a second airport is under construction and is going to be opened at the end of 2007 in Corvera. These continuous investments in infrastructure have drastically improved access to the area and this is reflected with property value rising very quickly making property for sale in Costa Cálida very popular among property investors looking to invest in Spain.
In addition to the obvious lifestyle benefits, the area offers visitors a huge range of possibilities in terms of locations, types of property for sale and investment potential, as well as one of the highest standards of living. The coast on the whole has seen a recent rise in the number of holiday-makers and developers attracted to the area, and those looking to invest in property in Spain are finding themselves pleasantly surprised at the variety and affordability in general of property for sale in Costa Cálida.
At this time property for sale is very well priced and there are many new developments supplementing the existing property for sale available. The Costa Cálida resorts have been developed tastefully and, so far, the construction in the area has remained low-rise due to intensive building restrictions.
Polaris World is the mayor property developer in the area of Murcia, establishing the first concept of Florida’s residential style tourism resort in Spain.
