Monday 23 May 2011

Summer Properties




Now that summer is approaching you may have already booked your holidays in Spain, but have you ever been curious about purchasing a property in Sitges, Ibiza or Gran Canaria?
This sought after destinations offer everything you may possible ask for from your holidays, sea, sun, great restaurants, shopping and clubbing, and you may have pictured yourself owning a pied a terre where you can escape your busy city life on a wet friday afternoon, arriving to the warm weather just in time to eat your alfresco dinner in a terrace by the sea.
This are our suggestions. Sitges, only 1 h 30mins flight to Barcelona airport with a 30mins train to the center of this lovely town, has become one of the most sought after suburbs in the area and prices are accordingly high, purchasing a 1 bed apartment with balcony and nice town and sea views like the above will set you up at £235,000 (260,000 euros), whereas villas outside the centre can reach millions. Sitges is lively all year round, and it's easy access to Barcelona allows to combine a big city living with a relaxed village feeling when you are back to Sitges, you can also find a large number elegant boutiques and restaurants so you will never get bored!


Only 2 hours flight from London and you arrive to Ibiza, the white Island, what can be said that has not been said about it, a place with beautiful beaches and rural charm, it has been popular for the rich and famous since the 70's and it is still at the top of the summer destinations worldwide. Its mix of bohemian, hedonistic and tolerant atmosphere has attracted many artists, and it is also home to the best clubs and parties in the world. An ever popular summer destination, has also been hit by the Spanish property crisis, and now you can find a newish 1 bed with communal swimming pool (picture above) at playa d'en Bossa with the infamous Space at the door, for just £120,000, funny enough, the high end of the market with 4 bed villas ranging from £1mio, has been largely unaffected.
Fun summers are guaranteed, and you can also get a tidy return if you rent the flat when you are not there, but be warned, in winter the Island is pretty much dead and most of the amenities closed, so you may want to keep that in mind if you are thinking of investing in the Island.

Gran Canaria, maybe a bit less known for our readers than the previous two, being only 4 hours flight from Heathrow, benefits from a wonderful sunny weather all year round, which means that in january you won't need to board a 10 hour flight to the Caribbean to get your tan. The south of the Island is very popular with Brits and Germans and in Playa del Ingles you can find the ever popular Maspalomas Beach with its 'dunes'. Entertainment lacks the sophistication of Ibiza or Sitges, but prices are also more friendly to your wallet, you will be able to purchase a 1 bed bungalow with your own garden for about £90,000 and if you wish to rent it out, you can get an excellent return of around 7%.

Something to think about this summer...