THE cheapest coastal holiday homes in Spain can be found in the Valencia region.
The foreign market usually accounts for nearly half of all purchase and sale operations in hotspots such as the Costa Blanca (Alicante) and according to figures by leading Spanish property evaluators, the cost of seafront villas used as second homes along the Valencian coast is the cheapest, getting you more property for you money.
The town of Oliva (La Safor, Valencia) is currently the cheapest place to buy a holiday home, with prices sitting at €607 per square metre, followed by Almassora and Burriana (Castellon) at €695 and €725 respectively.
Domestic purchases in these areas are led by residents in Madrid and Aragon, although analysts point out that these operations are significantly lower value purchases than those involving overseas buyers, who usually invest in more expensive plots and locations.
On the other end of the scale, Catalunya and the Balearic Islands hog the top spots for most expensive coastal property, with Sitges (€3,640) and Castelldefels (€3,000) in first and third place and Ibiza city (€3,460) in second.
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Blog : THE cheapest coastal holiday homes in Spain can be found in the Valencia region.
