Where to live in a cheap house by the sea abroad?
Spain is now one of Europe's most attractive destinations for property investment, even though prices per square metre continue to rise every year. Thanks to its sunny climate, art of living, modern infrastructure and still-affordable market, more and more foreigners are choosing to buy a primary or secondary residence or a rental property on the Spanish coast.
Comparison of coastal towns: France vs Spain
| Criterion | Nice (France) | Biarritz (France) | Alicante (Spain) | Valencia (Spain) |
|---|---|---|---|---|
| Average price per m² | 5 130 € | 6 200 € | 2 100 € | 2 217 € |
| Annual sunshine | 2 724 h | 1 835 h | 3 000 h | 2 660 h |
| Average temperature | 17 °C | 14 °C | 18,5 °C | 18 °C |
| Number of beaches | 15 | 6 | 10 | 19 |
| Tourist appeal | Very strong | Strong | Very strong | Average |
| Airport accessibility | International airport (Nice Côte d'Azur) | Biarritz Basque Country | Alicante international airport | Valencia airport |
Why invest on the Spanish coast?
The Spanish coast offers an exceptional quality of life, combining idyllic landscapes, fine sandy beaches, Mediterranean cuisine and a reasonable cost of living. What's more, property prices, although on the rise, are still well below those in France, Germany or the UK.
Comparative cost of living in Europe (2019-2024)
| Year | France (base 100) | Spain | Germany |
|---|---|---|---|
| 2019 | 100 | 82 | 97 |
| 2020 | 102 | 83 | 98 |
| 2021 | 104 | 85 | 100 |
| 2022 | 108 | 88 | 104 |
| 2023 | 110 | 91 | 106 |
| 2024 | 113 | 93 | 109 |
| Note: Index based on the average cost of accommodation, food, transport, care and leisure. Base 100 = France in 2019. | |||
Coastal regions attract retirees, young families and investors looking for rental yields. With a gross rate of return that sometimes exceeds 6% in certain seaside towns, Spain remains a safe bet.
The Costa Blanca: the pearl of the east
Located in the province of Alicante, the Costa Blanca is one of the most popular destinations for property purchases. Towns such as Alicante, Torrevieja, Guardamar del Segura and Jávea offer easy access, a relaxed lifestyle and affordable property.
In Guardamar, for example, a modern flat for sale 500 metres from the beach can cost between €150,000 and €250,000, a very competitive price compared with other European markets. What's more, Alicante's proximity to the airport makes it ideal for seasonal rentals and regular stays.
The Costa del Sol: luxury and Andalusian tradition
The Costa del Sol, in the south of Spain, is home to emblematic towns such as Marbella, Málaga, Estepona and Benalmádena. This region is synonymous with sun, golf and luxury real estate.
Prices are higher here, but there is a wide range of properties on offer, from renovated studios with sea views to luxury villas and gated communities with swimming pools and gardens. This segment attracts a high-end international clientele, with properties often purchased for resale or premium tourist rentals.
The Costa Brava: Mediterranean charm just a stone's throw from France
Located in the north-east of Spain, the Costa Brava is particularly sought-after for its wild coves, typical villages such as Cadaqués and L'Escala, and its proximity to the French border.
Properties here are a little more expensive than elsewhere, but the locations are often exceptional. Ideal for second homes or for those who want to live all year round in a peaceful setting, close to nature and the main roads.
The Costa Cálida and Murcia: the best property deals
Still little known, the Costa Cálida in the Murcia region offers excellent value for money. The town of Cartagena, the seaside resort of La Manga del Mar Menor and the San Pedro del Pinatar area are home to new developments starting at €100,000.
Less touristy than other coasts, the region attracts customers looking for peace and quiet, huge beaches and good deals. It's also an ideal area for seasonal rental investment, with tax benefits for foreign residents.
Tax benefits for foreigners
Spain has introduced a number of incentives to attract foreign investors. As a non-resident, you are free to buy a property, rent it out and benefit from stable taxation. The Spanish tax system provides for :
- Taxation of rental income at 19% (EU residents),
- No council tax,
- Reduced notary and registration fees compared with France,
- The possibility of obtaining a Golden Visa for any purchase over €500,000.
Advice before buying a property on the coast
Before going ahead with your property purchase in Spain, here are a few recommendations:
- Use the services of an estate agent specialising in assisting foreigners,
- Check the legal status of the property (charges, town planning, co-ownership),
- Obtain an NIE (foreigner's identification number), which is compulsory for all purchases,
- Allow for between 10% and 13% in additional costs (notary, tax, translation),
- Visit the property in situ if possible, or request a full virtual visit.
Conclusion: Spain, a destination with a future for coastal real estate
Whether you're looking to live, invest or rent, property on the Spanish coast remains a strategic choice. From the Costa Blanca to the Costa Brava, via the Costa del Sol and the Costa Cálida, each region offers different opportunities to suit your needs and budget.
With the right support, a study of the local market and a long-term vision, investing in property in Spain means you can build up your assets in a stable, attractive and sunny country. Don't wait any longer to discover the best property offers in Spain and make your plans for a life by the sea a reality!