Spain is a country where investment in a property with a swimming pool is very popular. Residents of many countries enjoy the warm climate here, sea and mountain landscapes, rich culture, and delicious & healthy food.
Foreign tourists like the country so much that they plan to return here during the vacation period, and over time, they wish to buy real estate in this marvelous place. Villas in Spain for sale with a pool are in particular demand.
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The Appeal of Spanish Real Estate
Spanish real estate is attractive to investors, as almost any type of housing in Spain is up to date, and prices are usually lower than in other European countries.
A swimming pool significantly raises the quality of the property and increases the rent. It is known that houses with a pool are sold at prices that are 5-8% higher than their counterparts without a pool. Accordingly, the rent also increases.
Considerations When Buying a Villa with a Pool
When purchasing a villa with a pool for subsequent rental, you should decide on the following:
- whether you have enough funds for the purchase. If you plan to get a mortgage loan, then the loan rate should be significantly lower than the rent you set
- the type of property and pool (indoor or outdoor), its size
- the need for pool maintenance and safety
Buy a villa with a pool in the right place and your income is guaranteed.
Regional Advantages in Spain
Each region of Spain has its own advantages for investing in real estate in order to generate income. For example, in the expensive and cool northern capital of Bilbao, there are many who want to combine an educational trip to the Basque country with comfortable living in a luxurious house with a pool.
Renting a house with a swimming pool in Madrid or Barcelona is considered a special chic among tourists. Although in general, it is clear that villas in Spain with a pool in the south of the country, near the sea coast, are of the greatest interest.
Alicante: A Popular Investment Destination
The province of Alicante is considered the most popular investment destination among foreigners. Many resorts located along the south coast of the Costa Blanca attract millions of tourists every year.
World-class conditions have been created here: beaches marked with the Blue Flag, plenty of places for practicing various sports, in particular golf, and developed infrastructure of cities.
Therefore, renting out a villa with a pool is usually not a problem. In the cities of Altea, Benidorm, Torrevieja, Javea, and Denia, the price of renting villas with a pool starts from €6,500 per month.
Andalusia: A Region of Luxury and Culture
Andalusia is the next most attractive region where you should choose villas in Spain with a pool. The same luxurious coastline with all the conditions for a high quality holiday plus a rich cultural heritage and fantastic fishing. This is where you can taste the best fish in Spain. The rental price starts from €11,000 per month.
Targeting Golf Lovers
You can consider investing in real estate for subsequent renting out to the target audience – golf lovers. Golf has always been very popular and it is in Spain that there are the best courses in Europe for practicing this sport.
Having bought a villa with a swimming pool near the Costa Blanca, Costa del Sol, or in the province of Murcia, you should disseminate information in specialized sources for golf lovers. The possibility of golfing and the presence of a pool can increase your rent and your income.
Valencia: A Haven for Sun and Sea Lovers
Valencia is considered to be one of the best places to buy real estate for generating income, as this province is very popular among lovers of the sun and the sea, especially among retirees.
The largest number of Blue Flag beaches and the opportunity to dive into the “real Spain” increases the rating of this province among investors. The rental price starts from €8500 per month.
Final Thought
Spain is called a continent in miniature as each of its regions is really peculiar: a cooler north and a hot south, noisy cities, and a calm outback. Sometimes even in two neighboring cities, you will find differences in the mentality of local residents, culture, and organization of living space.
Which regions of Spain are the most attractive for investing in real estate? What are the benefits of investing in houses with a pool? These questions are the main ones when choosing the best villas in Spain for sale with a pool.