Where on the Costa Blanca to buy for max €50k?

Hi Reni10

I’ve just tried Kyero. Maximum €50000, near beach, near transport, pool

There are 21 properties match you brief, with as many in Almeria as Costa Blanca 🤪🥂

Hi Reni10,

Does your €50k budget include the 10% property transfer tax payable in C. Valenciana and a further 3/4% for fees, i.e. lawyer, notary and land registry?  

Realistically, the cheaper the property  the less likely you'll be able to negotiate much of a discount, so if tax and fees need to be included in your €50k budget, you probably need to be looking at properties on the market at no more than €45k.

The two largest property portals in Spain are:

https://www.idealista.com/en

and

https://www.kyero.com/en

Kind regards, 

Kim

Camping site  if you are lucky 

I’m selling my 3 bed flat in monforte del cid 20 mins from alica

Thanks, I need to get to €50k including all fees.

The first issue I have is I don't know where is decent to even look for anything in that price range.

Also has there been any fall in prices in the area with brexit and covid?

£50k GBP will at the moment give you about €50k to spend on the house with enough left over for fees. It won't cover any additional, like furniture or making the house right for you.

On the coast, as in a few km's from the water, €50k won't really buy you anything. Maybe a static caravan, but then that'll mean €300+ a month fees. Inland, say 5-15km, you'll start to see houses and apartments in "not great" areas. Or, houses and apartments in reasonable areas that on the face of it seem great, but when you look a bit closer issues with the paperwork and/or construction will soon be found. 

Head inland 30km and you will get more choice, but of course, the trade-off is the distance to the beach, which is the benchmark by which many price a property. Saying that even that far inland you still won't get much, with most likely needing a good bit of work done to make it suitable as a "lock-up-and-leave". You might get a bit of outside space, but not much; the cat will surely end up with concussion ;-)

I'd say 45km inland, which if you choose regions carefully (Good road connections) is about forty-five mins to an hour real-world drive to the beach, you will start to get a reasonable choice for your money; either small but ready to live it, or bigger and still in need of a bit of work. You will most likely get some outside space, but it's unlikely it'll be a garden.

At the cheaper end of the market you need to be super careful of houses with paperwork issues, houses with construction issues and apartments with paper for walls. In short, if it looks really cheap compared to the other houses around it, it's got problems.

I suppose also a bit about the areas. 

South of Alicante is mostly Britsville (term not used in a derogatory way). There are some huge urbs with property at all prices, cheap too in many cases. Some of the urb's are a bit tired but most have a great sense of community. Inland there are some lovely villages and small towns which are very reasonable priced.

Northern of Alicante is a bit more Spanish, so less urbs more houses and flats in "regular" street locations. Inland it's mostly Spanish working towns. Nice, but not really for the tourists.

Then of course there is benidorm, which defies description (and logic) :-) Inland you have some lovely Spanish villages with large Brit populations. Not cheap.

North of Benidorm is Denia (pricy) Oliva (bit cheaper) and Ghandia (really cheap), then inland from there is Pego, which is reasonably priced.

I'm massively generalizing here, but it'll give you a start for ten. 

Hey out and see the place before committing and you need at least 15% on top of your top budget for a property 

lots of hidden costs if your lucky to get somewhere I’ve been studying prices here in torrevieja for 2 years and there certainly is not the fall that people have predicted quite the opposite 

life has changed and demand is high life’s too short for 50k all in fees etc you’ll be lucky to get a studio apt 

good luck 😉 any issues dm me.... 

If you buy in cheap area you will have trouble selling it if ever you want to.