Press Room Families looking for a second home  

01/01/2006 

The Costa Blanca - the destination of choice 

According to a study carried out by the Spanish Institute of Foreign Trade (ICEX), 800,000 Europeans now dream of owning a second home in a quiet, attractive spot that offers a rich culture and a full array of services. The Costa Blanca, with its wonderful climate and affordable prices, is an attractive option for many, and accounts for 40% of this demand. Ongoing promotion is the reason for greater influxes of tourism and rapid growth over the last few years.

People from Germany and the United Kingdom are the main buyers of holiday homes, making between 50 and 70% of investments in property. Customers from French speaking countries, such as France, Belgium and Luxembourg, and from Scandinavian countries, comprise the next largest group. As for home styles, Spanish buyers generally opt for apartments in high rise buildings, while foreign customers prefer low rise units, such as duplex apartments or bungalows.