Moraira Property Market May 2009

Moraira Property Market May 2009

Moraira Property Market May 2009

DESPITE ALL THE BAD PRESS ABOUT THE SPANISH PROPERTY market, the sea, the food, the people and the climate that make the Costa Blanca such a popular place to live are still unchanged. What's more, thanks to a growing supply of property and fewer buyers to compete with, you can buy into this appealing lifestyle for a lot less money than you could 18 months ago, as prices are becoming increasingly competitive. The area enjoys an average of 320 days of sunshine a year, and an average year-round temperature of 24C - and yet it's just two hours from most UK airports, with flights into Alicante and Murcia.

Moraira is a small but smart resort with a sandy beach, overlooked by a restored 18th Century castle; it's a far cry from the typical idea of a high-rise resort. Further south is the town of Altea, home to another lovely beach and the typical Costa Blanca smart tree-lined promenade and marina, with pretty tiled narrow streets away from the coast, and houses draped in beautiful white flowers.

Further north, the resorts of Javea, with its busy working harbour and fish market, and Denia, with its long tree-lined shopping street lined with boutiques, are both popular with holidaymakers and expats living over here.

Chris and Linda Garwood, joint partners of Costa Blanca Select, discovered the Costa Blanca in 1984. Chris says "It's a picturesque area, with majestic mountain backdrops, stunning cliffs and bays, and whitewashed coastal and mountain villages, sophisticated marinas, restaurants and great shopping. It appeals to all generations, either as a holiday base or a permanent home."

On the subject of the property market, he adds, "In terms of Costa Blanca, our own sales figures for 2008 were up for buyers seeking lower-priced property. So far this year, both our agreed sales and our viewing visit bookings are significantly up on the first quarter of last year, so either VBS is doing particularly well, or there is something drastically wrong with some of the reported figures."

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