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Apartments for Sale in Andalusia
How Do I Buy an Apartment in Andalucía at the Best Price?
What if you could buy an apartment in Andalucía to enjoy your holidays under the sun while generating a rental income that meets (or exceeds) your property’s annual running costs?
Spain Homes offer holiday apartments in Andalucía for sale with the potential of rental income to cover (and in some cases, exceed) your annual property costs. You work hard for your money, so it’s only fair to make your money work hard for you – especially when you’re on holiday. Buying an apartment in Andalucía can provide you this lifestyle opportunity with an attractive investment return potential. Now that’s smart money!
So, How Does It Work?
At Spain Homes, we scour the market to identify apartments in Andalucía for sale that are located in high demand areas with high rental yields. The combination of low vacancy rates and high rental yields makes the short-list we present ideal commercial property in Andalucía, Spain.
By owning a flat in Andalucía you can enjoy the freedom to schedule your holidays at your leisure, with the remaining vacant calendar days available to generate rental revenue. Peak tourist season (May to October) generates the highest returns (especially the 3 month summer period of June-August). When booked frequently, it is not uncommon for summer rates to exceed annual operating and maintenance costs of your Spanish apartment in Andalucía.
Types of Flats for Sale in Andalucía, Spain
1. Pre-Owned Flats in Andalucía
This category of apartments in Andalucía is the most popular and dominates the current Andalucían housing stock of flats and apartments. During the Spanish housing boom, property developers discovered demand exceeded supply, unable to keep up with foreign investor appetite for a life in the sun. Consequently, many developers sold the bulk of their flats for sale in Spain (off-plan) before completion.
After the Global Financial Crisis of 2007-8 fortunes changed, as did the landscape of Spain’s real estate market and some projects where halted, other developers went bankrupt, and the remaining (financially stronger) developers continued construction, delivering completed apartments into the crisis. Today, this presents buying opportunities for the savvy investor as the apartments in Andalucía are priced as pre-owned, but relatively new given completion and handover occurred less than 10 years ago.
2. Brand New Flats in Andalucía
Recently completed apartments in Andalucía are back in fashion as investor confidence returns to the market. Previously a favourite of expat buyers for holiday Spanish homes (second to off-plan apartments), brand new apartments in Andalucía are enjoying resurgence in popularity and price since Andalucían property prices have well and truly recovered (after a consecutive 8-year decline). Buying brand new today allows you all the advantages of a new build in addition to cost savings buying direct from the developer, or at minimal premiums (on construction cost) from the secondary market.
3. Off-Plan Apartments in Andalucía
What was once the hottest category amongst foreign investors (pre-housing crisis) has returned to the Andalucían housing market with gusto as developers successfully complete bigger and better apartment projects. Confidence has returned to real estate in Andalucía since Andalucían property prices have officially recovered and residential building permit applications (a measure of construction activity) are on the rise. Buying off plan affords the astute buyer an advantage of lower-than-release price (when completed) direct from developer, cash flow ease with installment options, and greater freedom of customisations and flexibility in finishing standards.
Good To Know
Urbanizaciones: Andalucían apartments and flats with lifestyle facilities and security are commonly constructed in residential complexes called urbanisations (“Urbanizaciones” in Spanish).
Bajo: Apartments located on ground floors are called “Bajo” in Spanish and offer outdoor garden space and green areas. Bajo apartments are ideal for outdoor living spaces to entertain, for pets, and avid gardeners. Premiums are usually paid for ground floor apartments.
Áticos: Áticos is the Spanish equivalent for “Penthouse” apartments, located on the top floor. You would expect to pay a premium for Áticos as they are popular in Spain.
Easily Find the Best Andalucía Apartments
You may find apartments in Andalucía through SpainHomes.com with prices that cater to all budgets and all types of flats for sale in Andalucía. Discover off-plan apartments and newly constructed, ready to move in flats in Andalucía, from luxury real estate to pre-loved bargain apartments, our local property experts are well informed with real estate prices in Andalucía and up to date with Andalucían property sales. By choosing multi-lingual real estate agents, our local market knowledge help find great deals on flats for sale in Andalucía. We’ll arrange viewings and show you the best apartments and flats for sale in Andalucía to match your wish list criteria and lifestyle needs.
Whatever your budget, wherever the location; Spain Homes can help you buy an apartment in Andalucía as well as all property types from villas to lands for sale in Andalucía. Contact our friendly, multi-lingual real estate experts and benefit from our local knowledge and vast experience of Andalucía’s real estate market. We’ll help you find the dream flat in Andalucía that’s right for you. Call today to arrange viewings and discover the possibilities of a life in the sun!
- 3 €1.440.000
- 3 €190.000
- 4 €1.550.000
- 5 €5.450.000
- 3 €3.600.000
- 2 €181.700
- 3 €210.000
- 2 €350.000
- 1 €135.000
- 2 €190.000