Property Supplement CBN 23 - 29 Jan 2025 Issue 2064

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Why Buying Property in Spain is an Excellent Investment

SPAIN’S real estate market is gearing up for a promising 2025, making it an excellent time to consider investing in this Mediterranean gem. With prices expected to rise by 5 per cent, the market is showing strong and steady growth, which is great news for both first-time buyers and seasoned investors. One of the standout regions in which to buy property is the Costa Blanca. Famous for its beautiful golden beaches,

ALICANTE is a region highly desired by expats and one of the boom areas in Spain for development and luxury properties. According to Grupo Tecnitasa, Alicante, Costa Blanca North is the region, where the value of luxury housing has increased the most significantly. It is also home to the municipality where the most expensive home in the region was sold recently in Javea for a substantial €6 million.

In Alicante, prices are exponentially rising and it isn’t only in Javea where records are being made. The market is concentrated ‘where the mountainous geography creates striking cliffs’, as in Altea, Teulada-Moraira, Benissa, or Calpe.

clear blue waters, and sunny weather, this region is a true paradise. It’s also home to lively expat communities and offers a perfect mix of modern conveniences and traditional Spanish culture. Whether you’re looking for a holiday home or a long-term investment, the Costa Blanca is an idyllic destination. But the appeal of Spain doesn’t stop there. The country’s relaxed lifestyle is unmatched. Picture yourself enjoying

tapas in a busy town square, strolling through charming villages, or simply soaking up the sunshine. Spain’s Mediterranean diet, friendly locals, and rich history add even more reasons to fall in love.

If you’ve ever dreamed of owning a slice of paradise, now is the time to act. Spain’s property market offers the perfect combination of lifestyle, investment potential, and lasting value. Whe-

Alicante’s property investment boom starts in Javea

In Alicante, the average price of luxury housing has skyrocketed by 9.6 per cent over the past year alone. The average luxury property value is now set at €4.37 million. This means that Alicante is effectively the area in Spain with the sharpest rise in luxury home prices. In comparison with long-standing top contenders Barcelona and Madrid, they have also shown an uphill price trend, but of a rather less startling 7.73 per cent and 7.48 per cent (respectively) according to Grupo

Tecnitasa.

The other two bigwigs for luxury property homes are the Balearic islands and Malaga on the Costa del Sol. The two coastal gems show less dramatic increases in high-end home prices, most probably due to their consistent demand and longer-standing popularity. The rise in value stands at around 3.62 per cent for the Balearic Island and 3.17 per cent for Malaga. This is actually below the national average of around 4.5 per cent, yet does not fall as low as Girona’s proper-

ty values, soaring by a mere 3.03 per cent on the Costa Brava. However, a slowdown in property price increases does not mean that these areas lack glam. The highest prices overall for high-end property are located in the Balearic Islands with the most expensive home to be found in Pollença, at €50.6 million.

ther you’re thinking about upgrading your current home or purchasing a new one, you can benefit from the market’s growth while enjoying a lifestyle many aspire to.

Now is the time to explore the dynamic opportunities in this enchanting country, and discover why Spain remains one of the world’s top property destinations.

Alicante is up-andcoming in terms of high-end property prices, with Altea one of the most desirable areas.

Luxury home investment continues to be big business and since 2019, there has been overhwleming interest, mainly from foreign investors, in the

Balearic Islands, Madrid, Barcelona, or Malaga. Grupo Tecnicasa described how they remain “clear references of this luxury real estate segment” with new faces joining the cohort including successful wannabe Alicante, the Canary Islands, Girona and Cadiz.

Other real estate analysts have found that there has been a change in trends, which may be affecting where investment hub spots are found. Many areas become popular to their adaptability, energy efficiency, sense of well-being and sustainable living including eco-friendly homes.

Understanding Spain’s Property Market in 2025: A guide for English-speaking expats

THE Spanish real estate market has always been a hotspot for international buyers, and 2025 is no exception.

This year’s market trends will present both opportunities and challenges for expats considering a move to Spain. Here, we’ll look at what is set to shape the Spanish property market in 2025 and show how Currencies Direct can simplify your property purchase and help you save money.

A moderate rise in prices

Spanish property prices are forecast to rise by 2.8 per cent to 4 per cent in 2025. This steady appreciation is driven by sustained demand, particularly in major cities like Madrid and Barcelona and along the coveted coastal regions. Popular areas such as the Costa del Sol and the Balearic Islands are seeing robust interest from international buyers, contributing to stronger price growth in these regions.

The ongoing supply-demand imbalance

A shortage of new housing remains

a key challenge in Spain. Bureaucratic hurdles, limited land availability, and rising construction costs have hampered the development of new properties. This imbalance is pushing up prices and making it harder for buyers to find suitable homes. Anyone planning to purchase a property should be prepared to compete and budget accordingly.

Rental costs will continue to rise

For those considering renting before buying, it’s important to note that rental prices are climbing, particularly in urban centres like Madrid, Valencia, and Barcelona. A surge in demand for rental accommodation, coupled with limited supply, has made it increasingly expensive to secure housing in prime areas. This trend might prompt more expats to explore purchasing property as a cost-effective long-term solution.

An increase in foreign investment Spain’s appeal to international investors remains strong, thanks to its sunny climate, excellent infrastruc-

ture, and stable economic outlook. High-demand areas such as Marbella, Alicante, and Mallorca continue to attract buyers looking for lucrative investment opportunities or idyllic holiday homes. Any expats seeking a move to Spain this year are likely to find themselves in good company. Simplify your Spanish property purchase with Currencies Direct

Navigating the Spanish property market doesn’t have to be costly or complex. By partnering with Currencies Direct, you can make the most of your currency transfers. Benefit from:

• Excellent exchange rates: Avoid the hefty fees and unfavourable exchange rates offered by traditional banks. With Currencies Direct, you can ensure your money goes further with competitive exchange rates and no transfer fees.

• Expert guidance: Our dedicated team understands the challenges of buying property abroad. From navigating Spanish legal requirements to timing your transfers for maximum

Sustainable soaks

AS climate change progresses, managing water efficiently becomes essential for gardeners aiming for sustainability. In spring, plants start needing more water as they grow, but not all plants have the same water requirements.

Drought-tolerant plants can handle dry conditions, while others, especially those in rich soil or pots, need regular watering during dry spells. Water is precious, especially during hot, dry summers. Modern irrigation systems, like those with soil moisture sensors, help conserve water

by stopping when the soil has enough moisture. Collecting rainwater is another eco-friendly way to store water for later use, reducing the need for additional resources.

Choosing the right materials in your garden can help with water retention. Avoid sealed surfaces like concrete, which block water from soaking into the ground. Instead, use gravel or paving stones with gaps, allowing water to reach the soil.

Adding organic mulch, like leaves or grass

savings, we provide personalised support every step of the way.

• Seamless transactions: Whether you’re transferring a deposit or completing your property purchase, our fast and secure international transfers help make the process hassle-free.

Our PropertyPay service also offers a bespoke property completion solution which can help you save time and money by eliminating the need for banker’s drafts and electronic transfers via your lawyer’s or notary’s bank account.

Ready to save on your Spanish property purchase? Open a free account or get expert guidance by contacting Currencies Direct at propertypay@currenciesdirect.com or calling +34 910 786 109.

clippings, also helps retain moisture and reduces the need for frequent watering. Over time, mulch breaks down, enriching the soil with nutrients.

Green roofs on buildings or sheds can also store rainwater and release it slowly, supporting a balanced water cycle.

As the climate changes, gardens must adapt. More plant species that need less water, like spiraea or drought-resistant trees such as the pagoda tree, are becoming available.

Trees play a vital role by providing shade, cooling the air, and absorbing CO2. Even in small spaces, compact drought-tolerant trees can offer shade and greenery while conserving water, making them a smart choice for eco-friendly gardening.

We have everything you need to dress your home

WHETHER it’s a complete transformation of your home, your rental(s) or just some finishing touches needed, there is a huge range of fabrics and textiles in a wide variety of colours and patterns to choose from. Bed linen, mattress and pillow protectors, bath and beach towels, cushions and pillows are just some of the products that we always have in stock.

Bamboo Linen and Towels

Our bamboo Belledrom range of fitted sheets, flat sheets, duvet covers and pillowcases are soft, silky and hypoallergenic. Bamboo is an eco-friendly and sustainable fibre that grows very quickly and often requires no pesticides. Naturally breathable by regulating your body temperature, bamboo linen will keep you cool in summer and warm in the winter.

Sofa Beds and Mattresses

Apart from quality mattresses and bases we also sell sofa beds which are ideal for guests and rentals thereby optimising your living space. These include an Italian opening system with five years warranty, recycled and stain-resistant fabric and two multipurpose soft, pillowy cushions for both sitting and sleeping.

Mattress Protectors

A mattress protector is a worthwhile investment for keeping your mattresses clean and in good condition. We can highly recommend our waterproof and breathable protectors. The same goes for pillow pro-

tectors, protecting pillows from stains.

We also stock mattress toppers which is a great way to transform an older bed or break in a new mattress that may be a bit too firm for now. They can also have a cooling effect for the summer depending on which brand you purchase.

Curtain Power

Curtains are very useful for all sorts of reasons and we have a huge selection of UK curtains to choose from. We also have an in-house seamstress service available to make sure your curtains hang perfectly. Black out curtains have proven to be excellent on energy saving and keeping your house cool during the warm months and warm during the winter months. We also carry blinds.

From Outdoors to Indoors

For bedrooms, kitchens, livingrooms, bathrooms, studies and terraces our prices will please all home loving bargain hunters as well as those looking for a more luxurious finish. Our knowledgeable and friendly staff in both our shops will always assist you in every way they can.

Seasonal Collections are arriving weekly. Come and get inspired!

yorkshirelinencostablanca.com

Centro Comercial Montgó Cap de la Nao Plá 68, Javea T 966 462 275 Mon to Fri 10.00 - 19.00 | Saturday 10.00 - 18.00

NEW SHOP NOW OPEN IN MORAIRA AREA!

Centro Comercial Alaire Calle Paris 2, Benitachell T 965 841 399 Mon to Fri 10.00 - 19.00 | Saturday 10.00 - 14.00

Seller’s enhancements

While Spain may face a housing shortage that does not meet market demands, selling a property should be approached with care.

BUYERS are becoming more selective, and first impressions matter significantly. In short, investing in renovations before selling can yield substantial returns.

Experts from the renovation platform Habitissimo recommend several strategies to boost your home’s appeal and speed up the selling process. These upgrades often lead to a noticeable increase in property value that can surpass the initial investment.

If your home has a small layout with adjoining rooms, consider removing some partition walls to create an open-plan kitchen and living area. Open spaces are highly desirable, and while this renovation requires some expenditure, it can significantly enhance the visual appeal and brightness of your home.

To keep costs manageable, you don’t need to remove the partition wall entirely. Leaving it at half height and transforming it into a breakfast bar can achieve a similar visual effect.

The kitchen and living area usually attract the most attention during showings, making them essential areas to focus on for renovations. The kitchen is par-

ticularly important in modern homes, and even minor updates can yield impressive results.

There are many budget-friendly options to consider, depending on the condition of your kitchen. For instance, vinyl flooring, a glass splashback, new countertops, or repainting old tiles and cabinets can provide a fresh, updated look.

Similar updates can also enhance your bathroom. Sometimes, simply replacing the mirror and taps, along with improving the lighting, can create a significant impact. If you have two bathrooms, consider swapping one bathtub for a shower, which is often more appealing to buyers.

Floors and walls are crucial in attracting potential buyers, as they typically show wear first. If they are not in pristine condition, refreshing them is essential. If your walls have popcorn ceilings, it’s advisable to remove them. Otherwise, a fresh coat of paint in light, neutral shades is always beneficial. This

choice enhances the sense of space, adds warmth, complements various styles, and helps avoid negative impressions.

For flooring, wood remains a classic choice due to its natural elegance. If you have parquet floors, refinishing them can have a remarkable effect. If not, laminate flooring is an affordable yet attractive alternative that can be installed over the existing floor. When selling, you’ll need to provide the energy certificate and pricing, as energy efficiency is increasingly important to buyers. Upgrades that enhance energy efficiency can make your home more appealing. One common upgrade is replacing an old boiler with a more efficient model. Additionally, consider upgrading your windows; although this can be a larger investment, it significantly boosts buyer interest. These improvements may also qualify for public subsidies, helping to offset costs.

NEW BUILD OR SECOND HAND

YOU will have seen the cranes on the horizon as Spanish property developers build to keep up with demand. But is it best to go down the route of new build or are you better with a resale home that has had a previous owner (or owners)?

Buying brand new has the advantage that there is no seller to change their mind or try and delay completing the transaction. You know a developer wants to conclude matters and doesn’t have any other agenda.

There can also be a considerable financial advantage to buying new, especially if you opt for an ‘off plan’ development which is yet to be completed.

Many projects are offered to the market place for reservations, months, or in some cases years before building work is due to start and prices are often reduced by between 20 and 25 per cent for reservations at this early stage so it can be a great way to buy if you are happy to wait.

That’s not the case of course for resale homes; buyers can be moved in often within just a few weeks of finding their perfect home. And then there is the ‘what you see is what you get aspect’. It is likely that the urbanisation is well established, the garden is well cared for and you know exactly what is around you in terms of buildings and services.

Image: Andrei Porzhezhinskii / Shutterstock.com

Embracing warmth and depth

HOME interiors in 2025 are set to showcase a captivating blend of rich and inviting colour palettes. Dark, earthy tones like deep greens and chocolate browns are gaining popularity for their ability to create cosy and dramatic spaces, perfect for adding a sense of intimacy.

The resurgence of red brings warmth and sophistication into living areas, with a variety of shades being used to energise rooms and create striking focal points. Reds are being paired creatively with muted accents for a balanced look.

For a more serene atmosphere, calming blues and greens are taking centre stage. These soft tones offer a fresh alternative to traditional neutrals,

promoting relaxation while adding subtle elegance to interiors.

Warm neutrals, including shades with gentle yellow undertones like creamy whites and soft beiges, are also making a statement. These colours create a welcoming ambiance for modern homes.

The trend of colour drenching - using a single hue across walls, ceilings, and trim - is transforming interiors into cohesive, immersive spaces. This approach allows bold and subtle colours alike to shine in a unified, harmonious design.

2025’s colour trends celebrate the balance between bold expression and serene comfort, offering endless possibilities for refreshing and personalising living spaces.

Experienced Estate Agents at your service

COASTLINE PROPERTIES is an established, trusted independent estate agent with over 20 years’ experience, based in Denia, covering the northern Costa Blanca.

Founder Philip Westerby says: “With our extensive knowledge of the region, combined with our property portfolio (which includes a wide range of villas, townhouses, bungalows and apartments) and our personalised service, we are confident that we will be able to find your dream property.”

We pride ourselves on our high-quality service and professional advice, which is reflected in the comprehensive recommendations of our many satisfied clients. Our expertise will help you at every step of the buying process, and we also offer a complete service for owners looking to sell their property.

The following services are included

ADVERTISING FEATURE

free of charge when buying a property with us:

• Location identification

• Property search, viewing and showing

• Negotiation of terms, price and contract

• Accompaniment and translation at the notary

• Help with money transfers

• Recommendations to qualified Spanish tax advisors and lawyers

• Help with opening a Spanish bank account

• Assistance with bank mortgages

If you need advice or a free valuation, please contact Philip Westerby. Through our website:www.coastlinepropertiesspain.com WhatsApp: +34 606 798 213 | info@coastlineproperties.es

Silver Fox Removals:

Reliable moving services from the Costa Blanca

RELOCATING to a new home or office can be one of life’s most stressful experiences. Whether it’s a local move, a national transition, or a significant international relocation, the logistics and planning can feel overwhelming. That’s where Silver Fox Removals, based in the picturesque Costa Blanca, steps in to make your moving experience seamless and hassle-free.

With a reputation built on reliability, professionalism, and customer satisfaction, Silver Fox Removals offers a wide range of services tailored to meet every client’s needs. Their expertise spans local moves within the Costa Blanca, national relocations across Spain, and international removals to destinations across Europe and beyond. Whether you’re moving your family, business, or cherished possessions, the team ensures everything arrives safely and on time.

One of the hallmarks of Silver Fox Removals is their commitment to personalised service. Understanding that every move is unique, they offer tailored packages to suit varying requirements, including packing services, secure storage solutions, and specialist care for fragile or valuable items. Their fleet of modern, well-equipped vehicles and experienced staff ensure that your belongings are handled with the utmost care.

International moves are often fraught with additional challenges, such as customs regulations and language barriers. Silver Fox Removals alleviates these headaches by managing all the necessary paperwork and logistics, providing clients with peace of mind.

Located in the heart of the Costa Blanca, the company has become a trusted partner for expa-

The home improvement dilemma

FOR homeowners tackling renovations, the choice between DIY and hiring a professional can feel daunting. Each approach offers unique benefits and challenges that depend on factors like time, cost, safety, and skill level.

DIY Advantages

DIY projects are often cost-effective and provide a sense of accomplishment. They’re ideal for smaller tasks like painting or assembling furniture, where the tools and skills required are accessible to most. However, DIY comes with risks: improper execution can lead to safety hazards or expensive mistakes. Projects like electrical work or plumbing demand expertise to ensure compliance with regulations and avoid potential dangers.

Professional Expertise

Hiring a professional guarantees quality and efficiency, particularly for complex projects like structural changes or major renovations. Contractors bring specialised tools, experience, and the assurance of completed work within a set timeline. This option is perfect for those with limited time or when tasks require technical expertise.

Making the Right Choice

Consider your experience, budget, and the scope of the project. While DIY can save money, professional services might be a safer, long-term investment for intricate tasks. Ultimately, aligning your approach with the project’s complexity ensures both satisfaction and success.

triates, locals, and businesses alike. With a focus on efficiency, affordability, and a personal touch, Silver Fox Removals is setting the standard for moving services in the region.

When it’s time to move, whether down the street or across the globe, Silver Fox Removals ensures your journey begins on the right foot.

Please visit our website or call / email. www.silverfoxremovals.com

Calle Gremis 33 Teulada 03725 Alicante. 966 495 097 636 609 555 andrew@silverfoxremovals.com

Update your home on a budget

UPDATING your home decor doesn’t have to break the bank. Here are some budget-friendly tips to refresh your living space:

• Rearrange furniture: Sometimes all it takes is a new layout to make a room feel fresh. Experiment with different arrangements to optimise space and functionality.

• DIY projects: Transform old furniture with a coat of paint or new hardware. Simple updates like reupholstering a chair or creating custom wall art can make a huge difference.

• Add throw-pillows and rugs: Small accessories like colourful throw pillows, cosy blankets, and stylish rugs can inject life into any room. They’re affordable and can be swapped out

seasonally for a quick update.

• Use plants: Greenery adds vibrancy and freshness to any space. Choose low-maintenance plants like succulents, or add hanging planters for a trendy touch.

• Shop second-hand: Explore thrift stores, car-boot sales, or online marketplaces for unique finds. You can often discover high-quality furniture or decor pieces at a fraction of the original cost.

• Update lighting: Swapping out lampshades or adding string lights can drastically change the atmosphere of a room.

With a little creativity, you can refresh your home decor without overspending.

Your new happy life starts here...

Find your happiness in Spain with us!

WELCOME to Alicante Dream Homes, your local, fully legal estate agent specialising in helping you find your dream home in Alicante and Murcia. With over 15 years of experience and three offices strategically located in the Alicante-Murcia area, we are committed to providing you with the best service possible.

Our extensive portfolio of properties showcases the diversity and charm of the local area, and as residents ourselves, we have personal knowledge of each and every property. This allows us to confidently address any questions or concerns you may have, ensuring that you are well-informed throughout the entire process.

At Alicante Dream Homes, your satisfaction is our top priority. We take the time to understand your unique needs and preferences, tailoring our services to exceed your expectations. Whether you are buying or selling a property, we are dedicated to guiding you through every step of the journey, providing expert advice and support along the way.

Don’t just take our word for it - check out our glowing reviews on Facebook and Google from satisfied clients who have experienced firsthand the exceptional service we provide. These testimonials attest to our unwavering commitment to professionalism, integrity, and customer satisfaction.

Alicante Dream Homes is more than just a business - it’s a family legacy. Founded by two British brothers, Gary and Mike, over a decade ago, our agency has since been passed down to the next generation. Today, it is proudly operated by father and son team Gary and Josh, who continue to uphold the values of honesty, reliability, and dedication instilled by their predecessors.

Whether you’re searching for your dream home in the sun-drenched landscapes of Alicante or the picturesque surroundings of Murcia, Alicante Dream Homes is here to make your real estate dreams a reality. Contact us today to discover how we can help you find the perfect property or assist you in selling your current one. With Alicante Dream Homes, your journey to homeownership begins here.

Calle Cánovas del Castillo 16 | 03650 Pinoso | Alicante | 645 746 176 | alicantedreamhomes@gmail.com | alicantedreamhomes.com

5 Interior design trends we’re leaving behind

IN 2025 interior design trends are shifting, leaving behind some styles that have dominated the past few years. Here are five key trends we’re bidding farewell to:

Fast-furniture

In an age of sustainability, the trend of buying cheap, mass-produced furniture is losing popularity. People are increasingly opting for high-quality, durable pieces that contribute to a more eco-conscious home environment.

Minimalist white interiors

While minimalist design isn’t going anywhere, the all-white, stark interiors are being replaced with warmer tones, textures, and layers. The desire for more inviting, personalised spaces means earthy hues, and soft colours are taking over.

Maximalism

Maximalist interiors, with their bold colours, patterns, and overwhelming layers of decor, are on the decline. The once-popular style that embraced excess is giving way to more balanced and curated environments that focus on simplicity and thoughtful design.

All-beige aesthetic

The all-beige or neutral monotone look is being replaced by more dynamic colour schemes that include rich tones, bold accents, and contrasting textures. People are moving away from sterile, bland spaces to ones that feel more vibrant and lived-in.

Fast, trendy decor

Short-lived decor trends, such as neon signs and overly themed rooms, are fading as individuals seek timeless, enduring styles that reflect their unique tastes and promote long-term value.

This year, expect interiors to be warmer, more sustainable, and personalised, shifting toward a deeper connection with our living spaces.

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