The Costa Blanca, a region known for its picturesque beaches and sunny climate, is breaking the traditional seasonal tourism mould. With its sights set firmly on the German market, the area aims to welcome visitors all year round, moving away from the typical summer holiday rush.
The Rising Trend of Deseasonalisation
“Deseasonalisation” is the strategy to attract tourists beyond the peak season, offering a steadier influx of visitors. The Costa Blanca’s initiative reflects a broader move towards year-round tourism, providing a consistent boost to the local economy.
Costa Blanca’s Strategic Vision
The initiative, spotlighted at the ITB Fair in Berlin, showcases the Costa Blanca’s commitment to becoming a year-round destination for German tourists. This strategic decision underlines the importance of diversifying tourism and tapping into new markets.
The German Connection: Costa Blanca’s New Focus
The targeted approach towards German travellers underscores the region’s intention to strengthen its international appeal and cater to a market known for its love of travel, food and exploration.
Enhanced Connectivity: The Gateway to Europe
The Alicante-Elche Miguel Hernández airport significantly bolsters the region’s accessibility, offering a direct link between the Costa Blanca and various European cities, crucial for fostering year-round tourism.
The most popular airlines for this route are Vueling, Eurowings, Iberia Airlines, easyJet, and Lufthansa. Alicante and Stuttgart have 401 direct flights per week.
Promotional Efforts and Strategic Partnerships
Efforts to entice German tourists include collaborations with major industry players like AllTour, FTI, and the Lufthansa group. These partnerships, combined with promotional activities, aim to build loyalty and encourage repeat visits.
Beyond Sun and Sea: Diverse Attractions of Costa Blanca
Costa Blanca offers more than just beaches; it’s a land rich in history, culture, and natural beauty.
From its historical sites to outdoor activities, there’s something for every visitor, regardless of the season.
Explore the region’s cultural offerings, from ancient castles to modern art museums, fiestas all providing a deeper understanding of its rich heritage and vibrant present.
Outdoor Adventures Beyond the Beach
Beyond the coast, the Costa Blanca offers a plethora of outdoor activities, from over 30 great golf courses, hiking in natural parks and mountains, to exploring hidden coves, mountain and road biking all ensure a full itinerary throughout the year.
The Economic Impact: A Win-Win for All
The strategy to attract year-round tourism not only benefits visitors but also the local economy, providing a stable source of income for businesses and promoting sustainable growth.
Boosting Local Economies through Year-Round Tourism
The influx of tourists throughout the year provides consistent support to local businesses, from hotels to restaurants, creating jobs and fostering a thriving community.
A recent survey by Aedas Homes has highlighted a notable trend: more than a third of new dwellings are now being acquired by international investors. The 2023 edition of ‘The New Construction Home Buyer Profile’ by Aedas Homes unveiled that foreign investors are increasingly eyeing Spain as a prime location for property investment.
In fact, they now represent nearly 37 per cent of the customer base for newly constructed homes, marking an 8 per cent increase from the previous year, with over 600 of the 4,000 new properties sold being transferred to international purchasers.
Escalating international interest
“This international clientele brings added value to the Spanish housing sector,” asserts Pablo Rodriguez Losada, the Commercial and Marketing Director of Aedas Homes.
The main sources of these international buyers include Central and Western Europe, accounting for 42 per cent of the purchases, followed by Eastern Europe at 29 per cent, America at 13 per cent, British buyers at 7 per cent, Asia at 4 per cent, and the Nordic countries at 3 per cent.
Poland, the Netherlands, and Belgium top the list of countries of origin, with the United Kingdom and Germany following closely, underscoring a varied European interest in Spanish property.
The price of used housing for sale rises in February.
The price of used housing in Spain has registered an increase of 0.4% during the month of February, standing at 2,056 euros/m2, according to the latest Idelaista real estate price index . This figure is 7.2% higher than that of the same month last year while it is 2.8% below the historical maximum price of housing in Spain, recorded in June 2007.
The supply of homes for sale has decreased by 8%
The supply of homes for sale on the market has decreased by 8% year-on-year during the fourth quarter of 2023, according to the latest Idealist study. This loss of stock has been accentuated in the final stretch of the year, with a four-point drop compared to September. Most capitals now have fewer homes for sale than there were a year ago, with Barcelona (-14%), Palma and Valencia (both with -17%) exceeding the national average, while in Malaga (-8%) , Madrid (-4%) or Seville (-2%) decreased somewhat less.
Owning a property in Spain that is situated on or adjacent to a golf course can markedly influence its market value in a variety of ways:
Premium Locations: Properties on or near golf courses are typically regarded as high-end due to their select locations, offering panoramic views and direct access to golfing facilities. This exclusivity often leads to a higher price tag compared to similar properties situated in less sought-after areas.
Scenic Views and Serene Environment: Residences on golf courses are known for their stunning landscapes and peaceful surroundings, a stark contrast to the busy city life. The aesthetic appeal and calmness are significant factors that can boost the value of these properties.
Community Amenities: Living in a golf course property usually comes with added benefits, such as access to clubhouses, swimming pools, tennis courts, and other leisure facilities. These amenities not only provide a better living experience but also contribute to the overall value of the property.
Target Market: Golf course properties cater to a specific demographic, typically appealing to those with higher incomes or retirees who are avid golf fans. While this exclusivity might narrow the pool of potential buyers, it also means that properties can fetch a higher price from the right purchaser.
Market Conditions: The value of properties on golf courses, like any real estate, is influenced by the wider market conditions in Spain, including the balance of supply and demand, economic factors, and local property market trends.
It’s essential to remember that while several factors can enhance the value of a golf course property, personal preferences, the golf course’s condition, and the exact location of the property (for instance, its proximity to the clubhouse or specific features of the golf course) can also play a crucial role in determining the price.
By understanding these aspects, potential buyers and investors can make informed decisions when considering the purchase of a property on a golf course in Spain, ensuring that they invest in a property that not only meets their lifestyle but also holds potential for increased value.
DGT Sanctions for Incorrect Use of Vehicle Signals
The appropriate employment of vehicle signals in Spain remains a widely discussed issue among British expatriates, often leading to extensive discourse. However, questions abound regarding the specific sanctions imposed by the DGT for the misuse of indicators.
The General Directorate of Traffic (DGT) emphasises the importance of proper indicator usage to improve road safety, implementing fines for violations of this nature.
Sanctions for Indicator Negligence
As part of its dedication to enhancing road safety, the DGT imposes penalties of up to €200 for drivers who neglect to use their indicators when necessary. Furthermore, failing to activate indicators timely can attract a fine of up to €80.
Settling the fine within 20 days from the notice date allows for a 50% reduction in the fee. These actions underscore the DGT’s commitment to reducing accidents and fostering an orderly flow of traffic.
DGT’s Guidelines
Indicators act as an essential means of communication among drivers and pedestrians, signalling intentions to change lanes, turn, overtake, merge, stop, or park.
For turns and directional changes: Signalling before executing any turn or change of direction on the road is obligatory.
When lane changing: For instance, on motorways, it is required to signal well in advance to notify nearby vehicles.
During overtaking: Indicating one’s intention with the relevant turn signal before leaving the current lane is crucial.
When merging into traffic: Whether exiting a parking area or joining a road from an entry point, indicators must be used to alert other road users of one’s manoeuvre.
At roundabouts: Employing indicators to signal entry and exit intentions at roundabouts is vital for indicating direction.
When parking or halting: The use of indicators is necessary when stopping or parking on public roads, thus informing both drivers and pedestrians on the move.
Avoiding penalties for signal misuse begins with a comprehensive understanding of traffic regulations, especially at complex intersections like roundabouts, where incorrect use is prevalent in Spain.
Consistent use of indicators for every manoeuvre, irrespective of the presence of other vehicles or pedestrians, ensures clear communication of intent and incorporates signal usage into driving habits, thereby protecting against fines.
In Spanish
Sanciones de la DGT por el Uso Incorrecto de los Intermitentes
El uso apropiado de los intermitentes en España sigue siendo un tema de gran debate entre los expatriados británicos, generando a menudo un amplio debate. Sin embargo, surgen dudas sobre las sanciones específicas que impone la DGT por el mal uso de los indicadores.
La Dirección General de Tráfico (DGT) subraya la importancia de un uso correcto de los intermitentes para mejorar la seguridad vial, aplicando multas por infracciones de esta naturaleza.
Sanciones por Negligencia en el Uso de Indicadores
Como parte de su compromiso con la mejora de la seguridad vial, la DGT impone sanciones de hasta 200 € a los conductores que omitan usar sus intermitentes cuando sea necesario. Además, no activar los intermitentes a tiempo puede acarrear una multa de hasta 80 €.
Abonar la multa dentro de los 20 días desde la fecha de notificación permite una reducción del 50% en la cantidad. Estas medidas resaltan el compromiso de la DGT con la reducción de accidentes y la promoción de un flujo de tráfico ordenado.
Directrices de la DGT
Los intermitentes actúan como un medio de comunicación esencial entre conductores y peatones, señalando intenciones de cambiar de carril, girar, adelantar, fusionarse, detenerse o estacionarse.
Para giros y cambios de dirección: Es obligatorio señalizar antes de realizar cualquier giro o cambio de dirección en la carretera.
Al cambiar de carril: Por ejemplo, en autopistas, se requiere señalizar con suficiente antelación para notificar a los vehículos cercanos.
Durante un adelantamiento: Es crucial indicar la intención con el intermitente correspondiente antes de dejar el carril actual.
Al incorporarse al tráfico: Ya sea saliendo de un aparcamiento o uniéndose a una carretera desde un punto de acceso, se deben utilizar los intermitentes para alertar a otros usuarios de la carretera de la maniobra.
En rotondas: Es vital utilizar intermitentes para señalizar las intenciones de entrada y salida en las rotondas, indicando la dirección.
Al estacionar o detenerse: El uso de intermitentes es necesario al realizar paradas o estacionamientos en vías públicas, informando así tanto a conductores como a peatones en movimiento.
Evitar sanciones por uso incorrecto de señales comienza con un entendimiento exhaustivo de las normativas de tráfico, especialmente en intersecciones complejas como las rotondas, donde el uso incorrecto es frecuente en España.
El uso habitual de intermitentes para cada maniobra, independientemente de la presencia de otros vehículos o peatones, asegura una comunicación clara de las intenciones e incorpora el uso de señales en los hábitos de conducción, protegiendo así contra multas.
Have you ever pondered how much money you can deposit without attracting undue attention?
The Spanish Treasury vigilantly monitors financial transactions to deter illicit activities such as money laundering and fraud.
Within the ambit of Law 10/2010, amended on 28 April 2010, the Treasury has established specific thresholds for cash deposits in an effort to combat financial crimes.
This legislation is particularly pertinent in an era where digital payments are becoming increasingly prevalent, and cash transactions at ATMs or bank branches are on the decline.
Understanding deposit thresholds
When depositing cash, smaller amounts typically do not trigger alerts.
However, frequent deposits over short periods may prompt banks to report to the Tax Agency for further scrutiny.
Key limits
Deposits exceeding €3,000: These are subject to examination by the Treasury.
Use of €500 notes: Owing to their association with criminal activities, these notes are under close surveillance.
Transactions surpassing €10,000 (for transfers or cash movements) and credits above €6,000.
For deposits exceeding €10,000, declaration in the Income Tax return becomes mandatory.
ATM withdrawal guidelines
The Treasury limits ATM withdrawals to €3,000. Although withdrawals up to this amount are generally permitted, banks may question withdrawals over €1,000, depending on the company’s policies.
To withdraw amounts over €3,000, customers must provide a rationale. This process ensures that the Bank of Spain and the Tax Agency are notified of the transaction.
By complying with these regulations, individuals can navigate the banking system without inadvertently instigating an investigation. It’s vital to remain informed about these limits to ensure that your banking activities stay within legal parameters.
The Organisation for Economic Co-operation and Development (OECD) has updated its economic forecasts for Spain for the year 2024, with the following key points:
Growth Forecasts for Spain:
The OECD has slightly increased its growth forecast for Spain in 2024 by 0.1 percentage points to 1.5%, following a 2.5% growth in 2023.
It expects the Spanish economy to continue improving, with a projected growth rate of 2% by 2025.
Spain is highlighted as the best-performing major economy in the eurozone for this year and the next, being the only one to have its 2024 growth forecast revised upwards.
Eurozone Growth Projections:
For the eurozone, the OECD now predicts growth of 0.6% in 2024 and 1.3% in 2025. This represents a decline of 0.3 and 0.2 percentage points, respectively.
Germany’s forecast has been downgraded to 0.3% growth in 2024 and 1.1% in 2025, from the previously expected 0.6% and 1.2%.
France’s growth estimate for 2024 has been reduced by 0.2 percentage points to 0.6%, with the 2025 forecast remaining at 1.2%.
Italy’s growth forecasts are confirmed at 0.7% for 2024 and 1.2% for 2025.
Inflation Forecasts for Spain:
The OECD has revised Spain’s inflation forecast for 2024 down to 3.3%, a reduction of 0.4 percentage points, and increased the 2025 projection to 2.5% from 2.3%.
Core inflation in Spain is expected to decrease to 2.7% in 2024 from 4.1% in 2023, which is 0.4 percentage points lower than previously forecasted. By 2025, it is projected to further reduce to 2.1%, slightly lower than earlier estimates.
Eurozone Inflation Projections:
Headline inflation in the eurozone is projected at 2.6% for this year, down from the previously anticipated 2.9%, and is expected to decrease to 2.2% in 2025.
The underlying inflation rate in the eurozone is forecasted to fall to 2.6% in 2024, a decrease of 0.5 percentage points, and to 2.2% in 2025, slightly lower than earlier predictions.
These updates underscore the OECD’s view on Spain’s economic resilience and its positive outlook compared to the broader eurozone context.
Buying a building plot of land at Alenda Golf Course, presents a multitude of appealing factors for prospective buyers.
White Areas in Image are building plots.
Here are just five compelling reasons to consider such a purchase:
Exceptional Location and Scenery: Alenda Golf Course offers stunning views and a tranquil environment. Being frontline to the golf course means enjoying serene landscapes and the lush greenery of the golf course right from your doorstep. This setting not only provides a peaceful living environment but also enhances the aesthetic value of your property.
Lifestyle and Amenities: Buying a frontline golf building plot here offers more than just land; it’s about buying into a lifestyle. The Alenda Golf Course is known for its well-maintained facilities, including the golf course itself, which is a draw for golf enthusiasts. Additionally, there may be other amenities available within the community, such as an ultra modern clubhouse, fitness centre, and social activities, promoting a healthy and socially engaging lifestyle.
Investment Potential: The exclusivity of being located within a golf course community, especially one as reputable as Alenda Golf, significantly adds to the land’s value. Properties in such locations often appreciate over a short period of time, making this an excellent investment opportunity. The unique appeal of golf frontage adds a premium to your investment, potentially yielding higher returns in the future.
Customisation and Design Freedom: Purchasing a building plot gives you the freedom to design and construct your dream home to your exact specifications. Unlike buying a pre-built home, this option allows for complete customisation in terms of architecture, design, and features. You can create a home that perfectly matches your lifestyle and preferences, incorporating modern technologies and sustainable building practices if desired.
Proximity to Alicante: Alenda Golf is conveniently located near Alicante, a vibrant city known for its beautiful beaches, rich history, and cultural offerings. Elche, a beautiful historic city know for its narrow streets, tapas bars and old town. Alicante airport is 12 minutes by car and the main A7 motorway access to Spain skirts the golf course. Owning a plot near Alicante means you are just a short drive away from international airports, shopping, dining, and entertainment options, as well as medical facilities and educational institutions. This proximity offers the perfect balance between a peaceful, scenic living environment and access to urban conveniences.
In summary, purchasing a building plot at Alenda Golf Course in Monforte del Cid, Alicante, offers a blend of lifestyle benefits, investment potential, and the joy of creating your custom dream home, all set against the backdrop of stunning natural beauty and proximity to urban amenities.
Want to know more about investing at Alenda Golf then contact us, Alenda Golf Property Specialists at info@alendagolfproperty.com or call + 34 649 649 018
In recent years, the allure of living within a stone’s throw of golf courses on the Costa Blanca with their lush fairways and meticulously maintained greens has significantly boosted the value of building plots on golf courses.
This trend is not merely a reflection of the desire for luxury living but underscores a savvy investment strategy that capitalises on the unique blend of lifestyle and financial benefits these locations offer.
Scenic Beauty and Exclusivity
One of the primary reasons building plots on golf courses like Alenda Golf are highly sought after is their scenic beauty. The expansive views of the surrounding mountains, of well-kept lawns, serene water features, and mature landscaping provide a tranquil environment that is hard to find elsewhere.
This scenic beauty not only enhances the quality of life for residents but also significantly contributes to the property’s value, making it an attractive investment.
Enhanced Quality of Life
Living on a golf course such as Alenda Golf offers more than just a beautiful view; it provides a lifestyle that many golfers and non-golfers aspire to.
Having access to golfing facilities, gymnasium, clubhouses, and other recreational amenities promotes a healthy, active lifestyle.
Furthermore, Alenda Golf boasts additional features such as views towards the mountains, walking and biking trails, and a local Dicost supermarket that all add to the allure and value of the investment.
Limited Supply
The availability of building plots on golf courses is inherently limited. This scarcity is a key factor driving up their value. As more people seek the unique lifestyle these locations offer, the demand for building plots in these areas increases, leading to a rise in prices.
Alenda Golf, with its reputation and desirable location, exemplifies this trend, making plots here particularly valuable.
Investment Growth
Investing in a building plot on a golf course like Alenda Golf is not just about enjoying the current benefits. It’s also about anticipating future gains.
Real estate in such premium locations tends to appreciate at a higher rate than the average property market. This appreciation is driven by the continuous demand for luxury and lifestyle properties, making it a wise long-term investment.
Sustainability and Eco-Friendly Living
Modern golf communities are increasingly focusing on sustainability and eco-friendly living. Investments in green technologies, water conservation, and natural landscaping not only contribute to the environment but also appeal to a growing segment of eco-conscious buyers.
This shift towards sustainability can enhance the value and attractiveness of properties on golf courses like Alenda Golf, further solidifying their investment potential.
Conclusion
The rising value of building plots on other surrounding golf courses is a testament to their enduring appeal as a smart investment. Offering a unique combination of scenic beauty, exclusive lifestyle, and sustainable living, these properties are not just a place to live but a wise financial investment strategy that promises growth and appreciation over time.
For those looking to invest in real estate, a building plot on a prestigious golf course like Alenda Golf represents an opportunity to capitalise on a market that continues to thrive and expand.
Want to know more about investing at Alenda Golf then contact us, Alenda Golf Property Specialists at info@alendagolfproperty.com or call + 34 649 649 018
In January, the Spanish second-hand housing market witnessed a modest increase in prices, marking a 0.6% rise from December.
However, the year-on-year analysis presents a more significant growth of 7.5%, setting the average price at €2,215 per square metre, as reported by the Fotocasa Real Estate Index. This annual growth rate represents a slight deceleration compared to January 2023’s increase of 9%.
Key Highlights:
Modest Monthly Increase: January saw a 0.6% price increase compared to December.
Annual Growth Rate: A 7.5% year-on-year increase, albeit lower than the 9% growth recorded in January 2023.
Local Variances: A detailed look at 655 municipalities revealed:
Prices rose in 84% of municipalities on a year-on-year basis.
In 53 municipalities, prices surged by more than 20%, with 8 witnessing growth above 40%. Notably, Torre-Pacheco saw a remarkable 57.3% increase, followed by San Miguel de Salinas at 50.2%.
Provincial Perspectives: Among the 50 provinces analysed, 88% experienced a year-on-year price rise in January. Alicante and Murcia stood out with increases of 12.6% and 11.1%, respectively.
The mixed picture of Spain’s second-hand housing market underscores the nuanced nature of regional market dynamics.
While the overall trend indicates growth, the variance at local and provincial levels highlights areas of significant investment potential.
Want to know more about investing at Alenda Golf then contact us at info@alendagolfproperty.com or call + 34 649 649 018
The property market along the Spanish coast is witnessing a transformative phase, with a surge in interest from national buyers marking a significant departure from the traditionally international-dominated scene.
This shift has become particularly pronounced in the early months of this year, with Taylor Wimpey Spain, a prominent developer known for its golfing and beachfront properties, recording a notable change in buyer demographics.
In the picturesque town of Dénia, the Bella Beach apartments stand as a testament to this evolving trend. Here, Taylor Wimpey Spain has observed that half of the property inquiries are now from Spanish nationals. This shift is not just a passing trend but a clear indication of Spaniards’ growing fondness for coastal living.
But the horizon holds even more promise. Taylor Wimpey Spain is gearing up to further enchant the market with an array of new developments. The company is on a mission to broaden its property portfolio, promising to enhance its array of offerings in sought-after locales.
A special spotlight shines on the upcoming project at Alenda Golf, where anticipation is building. Signs have already been placed at Alenda Golf, heralding the start of an exciting new chapter in the area’s development.
This project is poised to inject more impetus into the growth at Alenda Golf, along with the new 3 bedroom townhouse at the top end of the urbanization and land being prepared for 50 new building plots.
Growth that is cementing Alenda Golfs reputation as a premier destination for both national and international buyers. Want to know more about investing at Alenda Golf then contact us at info@alendagolfproperty.com or call + 34 649 649 018
In an unprecedented surge, Spain welcomed approximately 85.1 million international visitors in 2023, eclipsing the pre-pandemic record of 83.5 million in 2019.
This significant achievement underscores Spain’s allure as a premier global destination.
Leading Source Markets: The UK, France, and Germany
The UK, France, and Germany were at the forefront, contributing to Spain’s prominence in the tourism sector.
Their citizens’ preference for Spain highlights enduring cultural and recreational ties.
Economic Windfall from Tourism
The influx of tourists in 2023 generated approximately £108.7 billion in revenue, marking a 25% increase from the previous year.
This boost has been vital, contributing to 12% of Spain’s GDP and reinforcing tourism’s role in the national economy.
Spain’s monumental success in 2023 is a testament to its unyielding appeal and the global travel community’s resilience.
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