Spain

Caldes De Malavella

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Real estate insights for Caldes De Malavella

AspectSummary
PopulationApproximately 3,200 residents.
Average Property PriceAbout €200,000.
Rental YieldApproximately 5-7%.
Average RentAround €800 per month.
Occupancy RateEstimated at 70%.
Capital Growth RateAround 3-5% annually.
Property TaxApproximately 0.5-1% of property value.
Transaction CostsRoughly 10% of purchase price.
Expected ROIEstimated 7-10% including capital growth.
Economic Growth ImpactStable economy with tourism growth.

Caldes De Malavella FAQ

  • What factors influence real estate prices in Caldes De Malavella?

    Real estate prices in Caldes de Malavella are influenced by a variety of factors, including location, amenities, and market trends. The town’s proximity to significant tourist attractions, such as the PGA Catalunya Resort, which boasts two golf courses ranked among the best in Europe, drives demand for properties. Prices for residential homes in desirable areas typically range from €200,000 for smaller apartments to over €600,000 for larger villas with extensive gardens. Moreover, the effect of local amenities cannot be overstated, as access to services like schools, healthcare, and recreational facilities directly impacts property values; for example, homes near the Caldes de Malavella thermal spa, known for its health benefits, often see price premiums. Seasonal fluctuations also play a role—during peak tourist seasons, demand for short-term rentals can inflate prices, pushing average rental yields from around 5% to as high as 10% for properties in prime locations. Additionally, economic conditions, including interest rates and employment opportunities in nearby urban centers like Girona, further shape the local real estate market dynamics.

  • How has the real estate market in Caldes De Malavella changed over the last few years?

    Over the last few years, the real estate market in Caldes de Malavella has experienced noticeable changes, particularly driven by a growing demand for second homes and investments in the region. Between 2020 and 2023, property prices have increased by approximately 15%, with the average price per square meter rising from around €1,500 to €1,725. The development of new residential projects, such as luxury villas and eco-friendly apartments, has attracted buyers seeking both vacation homes and permanent residences. Additionally, the town's proximity to Girona and its natural hot springs have made it increasingly appealing; reports indicate that properties near the thermal baths have seen price appreciation of up to 20%. In 2022 alone, there were over 300 property transactions recorded, reflecting a robust market activity compared to previous years, where numbers hovered around 200 annually.

  • What are the average property prices in Caldes De Malavella?

    In Caldes de Malavella, the average property prices vary significantly based on the type of property and its location within the town. As of late 2023, the price per square meter for residential properties typically ranges from €1,400 to €2,200. For example, a two-bedroom apartment in the town center can be found for around €150,000, while villas or larger homes, particularly those with views or proximity to golf courses, can easily exceed €400,000. New developments are priced at the higher end of the spectrum, sometimes reaching up to €3,000 per square meter, especially in sought-after areas. Additionally, properties needing renovation may start at approximately €100,000, offering potential for value increase post-renovation.

  • Are there specific neighborhoods in Caldes De Malavella that are more expensive?

    In Caldes de Malavella, certain neighborhoods stand out for their higher property values. For example, properties in the vicinity of the PGA Catalunya Resort can reach prices upwards of €500,000, particularly for newer estates or luxury villas that offer golf course views and high-end amenities. On the other hand, the older areas surrounding the town center, like Carrer Llarg, typically feature homes priced around €250,000 to €350,000, making them relatively more affordable. Additionally, the proximity to local amenities and transport links can drive prices higher; neighborhoods near the train station, such as Avinguda de les Escoles, can exhibit values in the €300,000 to €400,000 range, depending on the condition and size of the property. Overall, the disparity in prices reflects both the desirability of location and the type of real estate available in Caldes de Malavella.

  • How important is the location in determining property prices in Caldes De Malavella?

    The location of properties in Caldes De Malavella significantly influences their prices, primarily due to its proximity to key amenities and attractive features. For instance, properties within a 1-kilometer radius of the town center typically see prices ranging from €2,500 to €3,500 per square meter, largely because they are close to shops, restaurants, and schools. In contrast, homes situated further away, in areas less accessible to public transport and amenities, can drop to around €1,500 to €2,000 per square meter. Additionally, proximity to the famous Caldes de Malavella thermal baths, a major draw for tourists, can elevate property prices by as much as 20% due to demand from buyers seeking investment opportunities or vacation homes. The surrounding natural landscape, including golf courses and parks, also enhances property values, with properties near these features commanding premiums of around 10-15% more than those located inland.

  • What amenities can impact real estate prices in Caldes De Malavella?

    The impact of amenities on real estate prices in Caldes de Malavella can be significant, reflecting broader trends in property valuations across Spain. Proximity to key facilities like the prestigious PGA Catalunya Resort can raise property values by as much as 20% due to its reputation as a top golf destination, attracting affluent buyers. Access to thermal baths and spa facilities, a hallmark of Caldes de Malavella, can add a further 10-15% to property prices as these amenities appeal to both residents and investors seeking leisure-oriented living. Additionally, the town's transportation connectivity, such as the regular train services to Barcelona, can boost real estate prices by 5-10%, making it convenient for commuters. Schools, particularly international schools, also play a role; homes within a two-kilometer radius of quality educational institutions often command a premium of 7-12%. The presence of local parks and green spaces enhances the appeal of residential areas, potentially driving up property values by an additional 3-5%.

  • Is it a good time to invest in real estate in Caldes De Malavella?

    Caldes de Malavella, known for its thermal springs and close proximity to Girona and Barcelona, has shown a gradual increase in real estate prices over the past few years. As of late 2023, properties in the area have seen an average price rise of approximately 5% per year, with current listings hovering around €1,500 to €2,500 per square meter, depending on the location and amenities. The town’s appeal lies in its mix of urban and rural settings, attracting both local buyers and international investors, particularly from Northern Europe. Additionally, the local rental market has been buoyant, with average monthly rents for apartments reaching €700 to €1,200, reflecting a rental yield of around 5-6% in some areas. The ongoing development of infrastructure, including improved transport links and amenities, further enhances the attractiveness of Caldes de Malavella for potential real estate investment.