When we decide to buy a new property – whether it’s a second home or an apartment as an investment – we naturally look for the best value for money.
The first step: Comparing affordable beachfront apartments
When looking to buy an affordable beachfront apartment, you need to start by comparing where prices are lowest and which coastlines tend to offer the best value for money.
The property sector is thus proving its resilience in the face of the pandemic: the overall return on property reached 5.6 per cent at the end of last year, and fairly similar results are expected for 2022.
When buying an affordable beachfront apartment – a crucial factor in making such a purchase – you must continue to weigh up all the variables that need to be analysed to make a sound decision.
To ensure the purchase is as cost-effective as possible, we need to start by analysing which are the cheapest areas in Spain for buying a beachfront property. There is a wide range of prices between different coastal provinces.
Many people dream of living by the sea or owning a second home in a coastal area. Spain is the best country in Europe if you’re looking for plenty of sunshine and a pleasant climate to enjoy for much of the year.
There are different reasons for buying a property. Some people are looking for a second home to enjoy with their family and escape the city whenever they like, having a permanent place to spend their holidays. Others are simply looking for an investment that will provide a steady monthly income by letting that second home, or simply by buying and selling the apartment at a higher price.
There are many different scenarios when it comes to buying an apartment by the beach, but one of the main things people look for is affordability, which is why it’s important to search for the best coastal area in which to make the purchase.
The obvious question at this point is: ‘Which are the cheapest provinces in Spain to buy an apartment near the beach?’ Data from Fotocasa points to places such as Castellón, Lugo and Murcia. There, prices per square metre can be as low as a third of those in the most expensive coastal areas, such as Guipúzcoa, Barcelona or Vizcaya. Get your calculator out and take note.
Best provinces for buying a cheap apartment by the beach
According to the Fotocasa report, these are the cities where you’ll find an affordable apartment on the coast.
- Castellón: situated in the Valencian Community, it is the cheapest coastal province on the Iberian Peninsula: a square metre costs 1,105 euros, according to
- Murcia: this is the second cheapest in Spain, at 125 euros per square metre.
- Lugo: located in the north, it is renowned for its beautiful coastal villages. This is the third cheapest province in Spain, at 162 euros per square metre.
- Almería: situated in southern Spain, it is the fourth cheapest place to buy an apartment near the beach, at 188 euros per square metre.
- Huelva: rounds off the list as the fifth cheapest province in Spain for buying an apartment by the beach, also situated in the south and bordering Portugal
Here at Inseryal, we want you to find and actually be able to buy that affordable, sea-front apartment you’re looking for. That’s why the prices of our apartments right on the beachfront are so competitive and affordable for buyers. The apartments are located in Castellón, the cheapest province in Spain, according to a study carried out by Fotocasa.
To be precise, they are situated at Oropesa del Mar / Cabanes, next to Marina d’Or Ciudad de Vacaciones, one of the most prominent destinations in this province.
Remember that when looking to buy an affordable beachfront apartment, it’s important to know that these properties are not only situated in a splendid location within this province, but are also handed over fully furnished, equipped and decorated down to the last detail, ready to move into.
In this way, we provide our clients with every comfort and convenience so that, as soon as they’ve made their purchase, they can enjoy their brand-new apartment right on the beachfront.
You can view all the available options right now in our catalogue of new-build developments by the sea.