Area:CADIZ, COSTA DE LA LUZ
Investor Profile:Retirement, Worker, Holiday, Business
Category:B
Population:

 

TotalBritish
140,0002,000
Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

111082029211614
Proximity to:AirportBeachNearest City
19 miles (Jerez)0.5 milesCadiz
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
125
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
103
Shopping:No. of Shopping CentresNo. of Markets
02
Restaurants and bars:Mostly Spanish cuisine, specialising in seafood such as lobster and prawns. Italian, Chinese and fast food also available.
Sports and leisure facilities:4 watersports clubs. Real Tennis Club. Nearby Donana National Park – Europe’s largest nature reserve. Fine arts and archaeological museum. Parque Groves outdoor theatre.
Transport:Public TransportRoads
Frequent bus services to Algeciras (12 daily), Jerez (every hour), Seville (11 daily), Almeria (2 daily), Granada (2 daily) and Malaga (6 daily). Train services to Jerez (20 daily), Seville (12 daily) and Granada (3 daily).N-340 from Estepona and Sotogrande. A4 and N-IV motorway from Seville. N-IV from Cordoba.
Crime rate:Low.
Main types of employmentShipping industry.
Future plans:Many new developments under construction on coast. Regeneration of port. N-340 from single to dual carriageway 2005.
Yield range12.7% - 14.9%
Type of propertyEntry PriceRent-

School Holiday Peak

Rent-

Peak

Rent-

Off Peak

Average Annual Yield
2 bed apartment10698069855833514.9%
3 bed apartment13372583867040214.3%
3 bed townhouse200588111789353612.7%
Villa2353561466117370414.2%
Demand for lettingSchool Holiday PeakPeakOff peak
MediumHighHigh
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
752
Flights scheduled from:Gatwick, Heathrow, Bristol, Newquay, Plymouth, Birmingham, Newcastle, Manchester, Leeds/Bradford, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Guernsey, Jersey.
Typical cost of flights:School Holiday PeakPeakOff Peak
£203-1301£217-964£163-723
Operators:BA, Britannia Airways, Thomas Cook
Description:Cadiz is located on the south-western tip of mainland Spain. It has a large port and is more of a cosmopolitan rather than a typically Andalusian city. It has a low cost of living and demand for long term lets is high.  This area is not a resort but considered more like a city close to the coast.  This area should strongly appeal to the worker type investor.

The main beach is Playa de la Caleta, but Playa de la Victoria is cleaner and has more sports facilities. Cadiz is popular with foreign buyers and residents. The old part of the city is surrounded by 18thcentury walls and has narrow streets full of tall 18th century houses and squares. Monuments include Cadiz Gothic cathedral and Torre Tavira baroque-style tower.

Yields are healthy and are expected to be in the future.  Don’t expect any significant capital growth as there is no news of any major inward investment – but don’t let this put you off.  A nice income stream can be had from a long term let.  If you plough all the profits back in to repaying the mortgage then the property could be yours within 7 years.  After that the rent is all profit!

Hot Website:http://www.andalucia.com/cities/cadiz.htm
Estate Agents:NameAddressTelWeb
 Secret SpainAvda Holanda 72, Roche Residential, 11149 Conil de la Fra, CadizTel: 0208 551 5405

Fax: 0208 551 0760

Not disclosed
 Realty Cádiz SL.Calle Iro, 5 - 3 º
Cádiz
tel: 0034 606 700 640
fax: 0034 956 536 390
website: http://www.realtycadiz.com

email: info@realtycadiz.com

 Castlemain-SpainRinconada 13 Aloha Nueva Andalucia
Marbella Málaga
tel: 0034 650932932
fax: 0034 952886305
email: mail@casiro.com
 Inmo Chiclana Real EstatePlaza España, Edificio España 3º - Oficina, 2
Chiclana de la Frontera
tel: 0034 606700640
fax: 0034 956536390
website: http://www.inmochiclana.com

email: sales@inmochiclana.com

Letting Agents: NameAddress TelWeb
 Costa Holidays Vacation RentalsAndalucia
Apartado de Correos 138
29680 Estepona
Province Málaga
Spain - España
Not disclosedhttp://www.costaholidays.com

Email: welcome1@costaholidays.com

 

 Owners Direct Holiday RentalsNot disclosedTel:

01372 722708
Fax:     01372-744417

E-mail:

advertise@ownersdirect.co.uk