buy house on the beach
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Summer, a good time to buy a house on the beach

Summer is a good time to see homes and buy house on the beach. For now, the price trend In coastal housing it is bullish, although not everywhere. According to data from Tinsa, in almost most of the coastal municipalities analyzed, the price of real estate prices increases in the last year. Bayona, (Pontevedra), leads the ranking, with an increase of 24,4%. It is followed by Mataró (Barcelona) and Antigua (Fuerteventura), with increases higher than 23%

The effect of the Spanish buyer has caused an increase in many locations, especially on the Catalan coast. And even in Ibiza, the average value of the square meter exceeds the maximum reached in the last boom. In the province of Castellón, on the contrary, prices are still far from the maximum recorded.

But, before making a decision, the needs, tastes, preferences and objectives must be analyzed. What are the elements that we should not forget:

  • Situation
  • Communications and infrastructure
  • What does the environment offer?
  • Housing price and effort to pay it
  • For own use or rent
  • Property expenses
  • Does it fit my future?

Basic issues that you can see broken down in our Invertia collaboration

Also, don't forget another aspect. The second residence tax on the income statement in the section of imputation of real estate income the time that is used for own use. If it is rented, the income obtained must also be declared.


Image: @crdeprada

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