The main parameters of the object
A fully equipped building consisting of six apartments is offered for sale, located in one of the most popular resort towns on the Costa Brava Blanes. This is an excellent investment opportunity with an expected return of 6.2% and flexible payment terms.
Price: €690,000
Property type: Building with six apartments
Profitability: 6.2%
Location: near the sea, Blanes, Costa Brava
Calculation form: various options, individual conditions are possible
Advantages and possibilities of using the facility
The building, consisting of six apartments, is an ideal option for organizing a rental business on the Costa Brava. The high level of tourist flow in Blanes, especially in the summer season, ensures a constant demand for rental housing. When renting out each apartment for daily rent, it is possible to achieve high occupancy, which will ensure a stable income. On average, the yield from short-term rentals in this region is 6-7%, which makes the purchase a profitable investment.
Blanes is a picturesque resort with high rental demand
Blanes is located in the south of the Costa Brava and is famous not only for its wide beaches, but also for attractions such as the Marimurtra Gardens and the picturesque Sa Palomera Rock. The city attracts tourists due to its developed infrastructure, many restaurants, shops and cafes, as well as an active cultural life. The climate of the region is mild, with warm summers and mild winters, which prolongs the tourist season for almost the whole year.
Obtaining a residence permit in Spain
When buying real estate in Spain, including this object, foreign investors have the opportunity to apply for a residence permit. This makes the purchase even more attractive, providing not only investment, but also visa freedom, which is especially relevant for foreign citizens considering options for long-term residence or frequent trips to the country.
The rise in real estate prices on the Costa Brava over the past five years
The Costa Brava real estate market shows a steady increase in the value of properties, especially in popular coastal areas. Over the past five years, real estate prices in Blanes have increased by 18-25%, reflecting high demand from both local and foreign buyers. Investing in such real estate allows you to protect capital from inflation and count on a long-term increase in value.