Always dreamed of owning your buying a holiday home in Spain? Dreams can come true! Whether you are looking for a quiet place to relax or want to make a smart investment. Spain offers a range of options. In this article, we discuss popular locations, price levels, rentability and laws and regulations.

Popular locations for buying a holiday home in Spain

Costa del Sol

The Costa del Sol is undoubtedly one of the most sought-after locations for buying a holiday home in Spain. With more than 320 sunny days a year, beautiful beaches and vibrant nightlife, this region attracts tourists and property investors alike. Places like Marbella, Fuengirola and Torremolinos are particularly popular. Here you will find luxury villas, modern flats and traditional Spanish houses.

Costa Blanca

The Costa Blanca offers a perfect mix of culture, nature and modern amenities. Cities such as Alicante, Benidorm and Torrevieja are hotspots for people looking to buy a holiday home in Spain. The white sandy beaches and clear waters make this coastline particularly attractive. Moreover, the region is easily accessible thanks to the international airports in Alicante and Valencia.

Costa Cálida

If you are looking for a less touristy but equally attractive location, the Costa Cálida is an excellent choice. Located in the Murcia region, this coastline offers beautiful beaches, warm waters and a more relaxed atmosphere. Places like La Manga and Cartagena offer a wide range of property options, from flats to luxury villas.

Balearic Islands

The Balearic Islands, consisting of islands such as Mallorca, Ibiza and Menorca, are also popular choices for buying a holiday home. These islands are known for their breathtaking landscapes, vibrant culture and exclusive property markets. Mallorca and Ibiza in particular attract many international buyers looking for luxury and privacy.

Price levels of holiday homes in Spain

Prices of holiday homes in Spain vary widely depending on the location and type of property. Here’s an overview of what to expect:

• Costa del Sol: Luxury villas here can range from €500,000 to several million euros. Flats are available from around €150,000.
• Costa Blanca: Apartments here start at around €100,000, while villas range from €300,000 to over a million euros.
• Costa Cálida: This is a more affordable region, with flats starting from €80,000 and villas from €250,000.
• Balearic Islands: The Balearic Islands are more expensive, with flats from €200,000 and luxury villas that can easily cost several million euros.

Rentability of your holiday home

Buying a holiday home in Spain can serve not only as a wonderful place for yourself, but also as a lucrative investment. Many owners choose to rent out their property when they are not there themselves. Here are some tips to maximise rentability:

• Location: Choose a popular and easily accessible location. Tourists prefer areas close to beaches, attractions and facilities.
• Amenities: Make sure your property has attractive amenities such as a swimming pool, air conditioning, Wi-Fi and modern furnishings.
• Marketing: Use online platforms such as Airbnb, Booking.com and HomeAway to advertise your property. Good photos and positive reviews can make a big difference.
• Seasonal rentals: Take seasonal rentals into account. High season (summer months) can bring higher prices, while in low season you may have to offer discounts to generate bookings.

Laws and regulations when buying a holiday home in Spain

Legal advice

When buying a holiday home in Spain, it is essential to seek legal advice. A local lawyer can help you navigate the complex regulations and ensure your purchase is legal and hassle-free.

Property registration

Make sure the property is correctly registered in the Spanish Property Registry (Registro de la Propiedad). This protects you from possible future claims on the property.

Taxes

Take into account various taxes that may apply when buying a property in Spain, such as transfer tax (ITP), property tax (IBI) and capital gains tax.

Rental licences

If you plan to rent out your holiday home, you may need to apply for a rental licence. The rules vary by region, so it is important to seek local advice.

Energy certificate

An energy certificate (Certificado de Eficiencia Energética) is compulsory for all properties offered for sale or rent. This certificate assesses the energy efficiency of the property and provides recommendations for improvements.

Buying holiday homes in Spain, the bottom line

Buying a holiday home in Spain offers numerous advantages, from sunny holidays to lucrative rental opportunities. Whether you choose the vibrant Costa del Sol, the charming Costa Blanca, the tranquil Costa Cálida or the exclusive Balearic Islands, there is something for everyone. Remember to seek legal advice and keep abreast of local laws and regulations to ensure a smooth purchase.

Visiting the Second Home Expo can certainly help you in your search for a holiday home in Spain. There are always plenty of Dutch estate agents and property developers present to help you find the perfect holiday home on one of the costas.

In addition, there are always various seminars on buying, financing and renting a holiday home in Spain. So you will be informed in 30 minutes about everything you need to know when you want to invest in Spain.