There are many reasons why the purchase of property in the Costa Blanca has much to offer persons seeking a second home or permanent abode. These can be summarised as below:

• rated by the World Health Organisation as one of the healthiest climates in the world

• average daily temperature in excess of 20 ºC (68 ºF) – with even December and January temperatures averaging 15 ºC

• 130 kms of the “White Coast” Costa Blanca coastline with stunning and spectacular blue flag beaches

• the excellent medical health care facilities – with hospital and clinics providing fast and efficient care both in the private and public sectors

• the high standard of education available to children and young adults through the local Spanish schools or private international schools

• the excellent communications from the rest of Europe by air, road and rail – making, for example, the majority of UK airports being only a 2.5 hours flight away from Alicante or Valencia airports

Looking at the property purchase decision from a purely financial perspective, the following factors are worthy of consideration:

• an increase of 143.2 % on property prices between 1995 and 2004 was followed, as in the UK, by a lowering of the annual price increase in 2005 to 12.88% - with the banks forecasting a similar 12% increase for 2006

• as the RPI (rate of inflation) in Spain over the past five years has averaged less than 3%, the “real” property price increases in the those five years has been over 70%

• the Euro mortgage rate, with Euro mortgages readily available to both residents and non-residents with proof of income, is at a low rate of 3.5% - see our finance page for more information

• the holiday rental market is buoyant and can provide a net income return of between 5 and 7% on your investment – this has been greatly helped in recent years by the growth of independent holidays via the internet and the large expansion in flights via the “no-frills” and major airlines to Alicante and Valencia

If you are interested, when you have purchased your property, in professional lettings and property management services, then please check out our sister websites www.stylelettings.com and www.stylevillacare.com