Best to invest

The website reveals that the profitability of housing has gone through different scenarios over the last 15 years and, in 2023, Spain’s coastal towns and cities have experienced a change that makes the idea of investing in housing increasingly attractive.

country as a whole - a fact that is reportedly not new as the trend has continued for some time.

Among the reasons suggested for Gandia’s leadership as the most profitable coastal municipality in Spain are having one of the best known and attractive beaches in the coun- try, being well communicated with Valencia City, offering first-class services and, of course, a pleasant all-yearround climate.

Gandia is followed by Laredo in Cantabria (11.1 per cent) and La Manga del Mar Menor and Aguilas in Murcia (both with 10 per cent).

The growing demand for holidaying in coastal areas has caused profitability of housing to soar two or three times over the last 15 years, the portal confirms. Whereas in May 2008 only nine coastal towns and cities exceeded the average profitability in Spain - then set at 4.2 per cent - in 2023 there are 26 municipalities with a profitability equal to or higher than the national average.