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: | ORIHUELA COSTA, COSTA BLANCA | |||||||||||||||||||||
Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
Category: | C | |||||||||||||||||||||
Population:
| Total | British | ||||||||||||||||||||
56,000 | 1,000 | |||||||||||||||||||||
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 | 42 | 21 | 30 | 24 | 17 | 18 | ||||||||||||||||
Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
21 miles (Murcia) | 0.25 miles | 21 miles (Murcia) | ||||||||||||||||||||
Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
0 | 0 | 0 | ||||||||||||||||||||
Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
1 | 0 | 2 | ||||||||||||||||||||
Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
0 | 0 | |||||||||||||||||||||
Restaurants and bars: | International and local cuisine available. Fast food on the coast. | |||||||||||||||||||||
Sports and leisure facilities: | Six 18-hole golf courses and five marinas in the area (e.g. Cabo Roig and Dehesa de Campoamor) offering a variety of watersports such as scuba diving to wind surfing. Classical music and theatre shows. 2 cinemas and 8 museums in town. | |||||||||||||||||||||
Transport: | Public Transport | Roads | ||||||||||||||||||||
Restricted. Private transport recommended. | N-332 from Murcia, Benidorm and Valencia. | |||||||||||||||||||||
Crime rate: | Medium | |||||||||||||||||||||
Main types of employment | Tourist and service sectors. | |||||||||||||||||||||
Future plans: | Traffic control systems on N-332. New construction of houses/hotels/apartments. Like Torrevieja, Orihuela Costa is a fast-developing resort. | |||||||||||||||||||||
Yield range | 9.7% - 10.9% | |||||||||||||||||||||
Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
2 bed apartment | 101363.6 | 453 | 362 | 217 | 10.2% | |||||||||||||||||
3 bed apartment | 121636.4 | 544 | 435 | 261 | 10.2% | |||||||||||||||||
3 bed townhouse | 152045.5 | 725 | 580 | 348 | 10.9% | |||||||||||||||||
Villa | 223,000 | 951 | 761 | 457 | 9.7% | |||||||||||||||||
Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
High | High | Medium | ||||||||||||||||||||
Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
6 | 3 | 3 | ||||||||||||||||||||
Flights scheduled from: | Gatwick, Heathrow, London City, Stansted, Bristol, Newquay, Plymouth, Southampton, Birmingham, East Midlands, Newcastle, Isle of Man, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Belfast International, Cork, Dublin, Guernsey, Jersey, Leeds/Bradford | |||||||||||||||||||||
Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
£266-803 | £197-595 | £148-446 | ||||||||||||||||||||
Operators: | Iberia, Air Europa, Astraeus | |||||||||||||||||||||
Description: | Orihuela Costa is the 10 mile-long coastline located outside the inland town of Orihuela, situated on the southern part of the Costa Blanca. The area consists of beaches with coves and is lined with palm trees. There are also almond and dry olive groves. The town of Orihuela is itself an historic town. There are 14 historical sites in total, including Catedral del San Salvador y Santa Maria and the Palacio Rubalcava. There are several residential developments in the area, such as Cabo Roig, Dehesa de Campoamor, La Zenia, Playa Flamenca and Punta Prima. These areas have gained popularity with both Spanish and foreign homebuyers. There are not many British here but this will all change. Numerous developments are springing up here and the biggest buyers have been the British. The yields achievable here are promising even though not exciting. What I do find exciting however, is the opportunity for capital gain. Once developed the property prices will mirror the prices being achieved in the rest of Costa Blanca. | |||||||||||||||||||||
Hot Website: | http://www.costablanca.org/eng/index.asp | |||||||||||||||||||||
Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
International Sunline Properties S.L. | Centro Comercial Zenia Mar Orihuela-Costa Alicante | tel: 0034 96 676 18 18 fax: 0034 96 676 01 64 | website: http://www.sunline.ws email: jonathan@sunline.ws | |||||||||||||||||||
AUSTRO INMO S.L. | Calle Nicolas Debussy 1140 Orihuela Costa | tel: 0034-966730762 fax: 0034-966773341 | website: http://www.austroinmo.com email: austro-inmo@cesser.com | |||||||||||||||||||
Haart | P.O. Box 5995 Colchester Essex CO3 3WR | 0845 600 7778 | http://www.tmxhaart.co.uk/ Email: | |||||||||||||||||||
Freedom 4 Sale Spain | Antigua Sala de Proyeccion, Antigua Cine de Teguise, Calle Notes 15, Teguise 35530, Lanazarote | (00 34) 9 28 84 59 44 Fax: (00 34) 9 28 84 59 36 | http://www.freedom4sale.com/
| |||||||||||||||||||
Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
Costa Blanca Rentals | Suite 173, Ctra La Nao 71 03730 Javea | tel: 0034 96 6460681 fax: 0034 96 6460681 | website: http://www.cberentals.com email: info@cberentals.com | |||||||||||||||||||
EuroCasa Gestion Inmobiliaria | Aptdo correos 2053 Alicante | tel: 0034 655169971 fax: | email: danielcombret@yahoo.es | |||||||||||||||||||
Sajonia | Av. Alfonso el Sabio, 16, 8-Izq Alicante | tel: 0034-965 230627 fax: 0034-965 230627 | email: sajonia21@yahoo.es | |||||||||||||||||||
SeviCasa | C/ AZORIN, 4 - Bajo Alicante | tel: 0034 965105735 fax: 0034 9651105601 | website: http://www.interpisos.com/servicasa email: servicasa3@hotmail.com |