Why choose Spain for your holiday rental?
According to travel specialists ABTA, Spain is the most popular holiday destination in 2013 for British holidaymakers travelling abroad. So, if you are considering investing in a holiday rental property, then buying in Spain is one of the most reliable destinations to choose.
There are a myriad of reasons why investing in a Spanish holiday home is safer than purchasing in some of the ‘hot trending’ countries, such as Indonesia, Croatia, Bulgaria or Turkey; but there are really three main reasons that you need to focus on, and which combined make the argument for holiday rentals in Spain the strongest in the market.
1. Infrastructure: Spain has been a popular holiday destination for over 50 years, so it’s infrastructure is solid and it makes it the number one destination for most holidaymakers. The country offers a good transport network, tourist facilities, sanitary and medical services and amenities for foreigners: English is spoken in most tourist destinations, etc. These go a long way towards creating a more pleasurable and secure travel experience for your guests.
2. Travel and transport: Spain is a major budget flight destination, with more flights added each year to fulfill the demand of the millions of tourists that visit Spain each year. Several airlines have increased their flight quota for the autumn/winter season 2013 to meet these demands. What this tells you is that you have an all-year-round opportunity to fill your holiday rental and your guests can travel to your holiday home relatively cheaply in comparison to other destinations, which are further afield.
So, with these two important factors taken into consideration, let’s look at number three.
3. Consistent rental prices: Spain has a solid infrastructure, it’s consistently the most popular holiday destination for European travellers; May and June have seen the highest visitor figures ever for Spain and, of course this is animated by budget travel options and it’s all-year-round attraction.
What does this mean to holiday homeowners?
Well, crisis or no crisis, holiday rental prices in Spain remain stable and in most of the coastal areas, prices are increasing year-on-year. At spain-holiday.com we took a look at these prices over a three year period 2011-2013:
The Costa Almeria has consistently increased it’s rental prices over the last three years. This relatively unspoilt coastal region is growing in popularity, home to the beautiful Maritime Natural Park of Cabo de Gato.
The ever-popular Costa del Sol has seen a very slight decline in some resorts, due to increased competition, but Marbella has increased it’s rental prices and is within the top four most visited destinations in Spain this year.
The Costa de la Luz is a popular destination for Spanish and Portuguese tourists and boasts superb beaches and natural parks. Prices here decreased slightly from 2011 to 2012 and then saw a 12% year-on-year increase this year.
The Costa Blanca is one of the favourite destinations for British, Dutch and German tourists, according to our Top Spanish 20 destinations for 2013 survey; with the busy resorts of Alicante, Calpe and Benidorm. There was a slight increase from 2011 to 2012 and then a whopping increase of 23% for 2013.
The Costa Valencia is home to the popular destinations of Peñiscola, Castellon de la Plana, Gandia and the capital of the region, Valencia. Prices here remain stable, increasing 15% overall in the last three years.
The Costa Brava, and for the purpose of this article, we will include Barcelona, remains the most visited and popular destination in Spain and this is reflected in its rental prices, which increased 10% year-on-year in 2013. Barcelona was voted number one destination across 10 nationalities this year and Sitges, just along the coast was number two. Yet the diversity of the Costa Brava means there are still some gorgeous little resorts, where you can enjoy a traditional Catalan environment, away from the busy tourist centres.
Just along the coast, the Costa Dorada, to the west of the Barcelona, saw prices increase 19% between 2011 and 2013.
The Canary Islands saw a fairly dramatic drop in holiday rental prices in 2011, but since then have been steadily increasing in line with the rest of Spain; seeing a 19% increase year-on-year in 2013. The Balearic Islands paint a similar picture, decreasing slightly year-on-year between 2010 and 2011 and since then have seen a small, but steady increase.
The lesser known coastal regions of the Costa Verde in Asturias and the Costa Galicia, have always been popular with domestic tourists. However, European tourists are now turning to these regions, for their natural beauty, deserted beaches and gastronomical and surfing culture. Take the Costa de Galicia, holiday rental prices here, increased 100% year-on-year for 2013.
So, if you are considering investing in a holiday rental home, Spain should be high on your list, as a destination you can rely on.
Spain-holiday.com was established in 2002 and is the fastest growing company for holiday rentals in Spain. The website focuses only on Spanish properties, representing more than 7.200 holiday homes advertised by private homeowners. Our easy-to-use rentals portal is available in ten languages and is the preferred portal for homeowners and travellers to Spain.