CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
Area: | CADIZ, COSTA DE LA LUZ | ||||||||||||||||||||||
Investor Profile: | Retirement, Worker, Holiday, Business | ||||||||||||||||||||||
Category: | B | ||||||||||||||||||||||
Population:
| Total | British | |||||||||||||||||||||
140,000 | 2,000 | ||||||||||||||||||||||
Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | ||||||||||||||||
11 | 108 | 20 | 29 | 21 | 16 | 14 | |||||||||||||||||
Proximity to: | Airport | Beach | Nearest City | ||||||||||||||||||||
19 miles (Jerez) | 0.5 miles | Cadiz | |||||||||||||||||||||
Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | ||||||||||||||||||||
1 | 2 | 5 | |||||||||||||||||||||
Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | ||||||||||||||||||||
1 | 0 | 3 | |||||||||||||||||||||
Shopping: | No. of Shopping Centres | No. of Markets | |||||||||||||||||||||
0 | 2 | ||||||||||||||||||||||
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 Transport | Roads | |||||||||||||||||||||
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 employment | Shipping industry. | ||||||||||||||||||||||
Future plans: | Many new developments under construction on coast. Regeneration of port. N-340 from single to dual carriageway 2005. | ||||||||||||||||||||||
Yield range | 12.7% - 14.9% | ||||||||||||||||||||||
Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | ||||||||||||||||||
2 bed apartment | 106980 | 698 | 558 | 335 | 14.9% | ||||||||||||||||||
3 bed apartment | 133725 | 838 | 670 | 402 | 14.3% | ||||||||||||||||||
3 bed townhouse | 200588 | 1117 | 893 | 536 | 12.7% | ||||||||||||||||||
Villa | 235356 | 1466 | 1173 | 704 | 14.2% | ||||||||||||||||||
Demand for letting | School Holiday Peak | Peak | Off peak | ||||||||||||||||||||
Medium | High | High | |||||||||||||||||||||
Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | ||||||||||||||||||||
7 | 5 | 2 | |||||||||||||||||||||
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 Peak | Peak | Off 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: | Name | Address | Tel | Web | |||||||||||||||||||
Secret Spain | Avda Holanda 72, Roche Residential, 11149 Conil de la Fra, Cadiz | Tel: 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-Spain | Rinconada 13 Aloha Nueva Andalucia Marbella Málaga | tel: 0034 650932932 fax: 0034 952886305 | email: mail@casiro.com | ||||||||||||||||||||
Inmo Chiclana Real Estate | Plaza 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: | Name | Address | Tel | Web | |||||||||||||||||||
Costa Holidays Vacation Rentals | Andalucia Apartado de Correos 138 29680 Estepona Province Málaga Spain - España | Not disclosed | http://www.costaholidays.com Email: welcome1@costaholidays.com
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Owners Direct Holiday Rentals | Not disclosed | Tel: 01372 722708 | E-mail: advertise@ownersdirect.co.uk |