There´s no doubt that the Covid-19 shock has had a serious impact on house prices, with all the indices showing a downward trend of around 10% since the virus arrived. But recovering house prices suggest that the coronavirus crisis could be short-lived in the housing market.
All analysts said that the Coronavirus restrictions and lockdowns would last 2 to 3 years. However, towards the end of 2020 there came news of an efficacious vaccine against the Coronavirus, which could unleash the economy into a massive rebound. The renewed possibility of travel, sunshine, tapas and beaches could well lead to a boom in tourism and second homes.
At A&B Architects, we have detailed, long standing knowledge of investment opportunities in property in the Costa Cálida area. The newly opened Murcia International airport (RMU), located between the cities of Murcia and Cartagena, will shift the centre of gravity for tourism down towards the south, where the already popular destinations of Mazarrón and Águilas will be winners. The spectacular port city of Cartagena and La Manga, where first line to the beach is the norm, should also enjoy buoyant futures.
High quality golf tourism is readily available in the area, with world-class courses, impeccable weather conditions and airbnb.com combining to make for great investment opportunities.
Whether your idea is to spend one hundred thousand euros on a place to rent out, or you want to buy a plot of land with a sea view to build your own architect designed home, or even if you want to invest two million euros on a small property development with a 20% profit margin, now might just be the moment to buy property in the area. Call us on +34 617 355 556 to find out more. We´ll answer you in real english.