1 REAL ESTATE OFFERS HOLIDAY HOMES IN GALICIA, SPAIN
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Land & Build for sale in Vilarmaior
£165,447
Vilarmaior, Galicia, Spain
Listed By: Creative Property Marketing on 08.04.2024Browse all listings of second homes for sale from agents and owners in Galicia, Spain from 165 447 💷 GBP on TheMoveChannel.com.
Northwest Spain is not as well known as the Spanish Costas, but Galicia’s hilly landscape has a charm of its own. The rainy climate and rocky cliff coasts have led to it becoming an area most suited to 🐟 fishing and farmland investment, but the pretty parks of Rías Baixas and the cultural importance of Santiago de Compostela have boosted demand from tourists and overseas visitors in recent years. Rent yields across Spain are generally on the rise, with the worst of the economic downturn having passed and signs of strength once again beginning to show. However, while things may be heading in the right direction, there's still a way to go in areas like Galicia in particular where rent yields averaging less than 4 per cent make less than ideal prospects for investors. At the same time however, comparatively low property prices and a solid future outlook add up to genuinely appealing opportunities for lifestyle buyers and those banking on long-term capital growth. Galicia is something of a mixed bag on the whole, though if nothing else isn't nearly as gloomy as it may have been one or two years ago.
Northwest Spain is not as well known as the Spanish Costas, but Galicia’s hilly landscape has a charm of its own. The rainy climate and rocky cliff coasts have led to it becoming an area most suited to 🐟 fishing and farmland investment, but the pretty parks of Rías Baixas and the cultural importance of Santiago de Compostela have boosted demand from tourists and overseas visitors in recent years. Rent yields across Spain are generally on the rise, with the worst of the economic downturn having passed and signs of strength once again beginning to show. However, while things may be heading in the right direction, there's still a way to go in areas like Galicia in particular where rent yields averaging less than 4 per cent make less than ideal prospects for investors. At the same time however, comparatively low property prices and a solid future outlook add up to genuinely appealing opportunities for lifestyle buyers and those banking on long-term capital growth. Galicia is something of a mixed bag on the whole, though if nothing else isn't nearly as gloomy as it may have been one or two years ago.