Zenia Estates: Invest in Orihuela Costa's real estate market

Zenia Estates Real Estate | From luxury properties to apartments for rent

Located on the Orihuela Costa, Avda. de Villamrtín - La Zenia, 10. Urb Campomar, nº4  in Costa Blanca, our Spanish Real Estate Agency offers over10 years’ experience, local knowledge and a commitment to professional and personalized service

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Buying and Selling Houses / Reforms / Key Holding /Cleanings / Rentals

Unlock the potential of investing in Orihuela property

With over 300 days of sunshine per year, some of the best beaches in Europe, and a thriving expat community, Orihuela Costa is an ideal location to invest in a property. Owning a home here allows you to enjoy the famous Mediterranean lifestyle while benefitting from solid rental income and excellent capital growth potential.

Orihuela Costa combines the best of Spanish culture with all the modern amenities and conveniences. Situated in the province of Alicante, it provides easy access to international airports, quality healthcare, international schools, restaurants, shops and entertainment. Whether looking for a vacation home or buy-to-let investment, Orihuela Costa offers the total package.

What makes Orihuela an attractive location for property investment?

Orihuela's appeal lies in its diverse landscape, which includes beautiful beaches, historic town centers, and prestigious golf courses. The area offers a high quality of life with its rich cultural heritage, excellent cuisine, and mild climate year-round. Property values in Orihuela have shown steady growth, making it an attractive location for investors seeking both short-term rental yields and long-term capital appreciation. Additionally, its proximity to Alicante airport enhances its accessibility and appeal to international buyers and tourists.

Are there any specific legal requirements for foreigners buying property in Orihuela?

Foreigners can buy property in Orihuela just like any Spanish citizen, but there are specific steps to follow. Firstly, you'll need an NIE (Número de Identificación de Extranjero), which is an identification number for foreigners. It's essential for all transactions and legal matters in Spain. Additionally, it's advisable to hire a local lawyer who specializes in Spanish property law to navigate the purchase process, ensure the property is free of liens and encumbrances, and handle all necessary paperwork.

How can I find the right property in Orihuela?

Finding the right property in Orihuela involves research and possibly the assistance of a local real estate agent. Agents have in-depth knowledge of the local market and can provide valuable insights into the best areas to suit your lifestyle and budget. Online property portals are also a great resource, offering detailed listings with photos and descriptions. Visiting Orihuela and seeing properties in person is highly recommended to get a true feel for the location and what you're investing in.

What is the process for selling a property in Orihuela?

Selling a property in Orihuela involves several key steps: setting a competitive price, marketing the property effectively, and navigating the legal requirements. A local real estate agent can provide a valuation based on current market conditions and help market your property to potential buyers. You'll need to ensure all paperwork is in order, including the energy performance certificate and proof of ownership. The sale process typically concludes with the signing of the deed of sale before a notary, after which all associated taxes and fees must be settled.

What are the advantages of renting out my property in Orihuela?

Renting out your property in Orihuela can provide a steady income stream, especially during the tourist season when demand for short-term rentals is high. The area's popularity with tourists and expats ensures a robust rental market. Long-term rentals also offer stability and the potential for capital growth over time. Hiring a property management company can help manage the rental process, from finding tenants to maintaining the property, making it a hassle-free investment.