Spain

Dehesa De Campoamor

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Real estate insights for Dehesa De Campoamor

AspectSummary
PopulationApprox. 2,500 residents
Average Property Price€175,000
Rental Yield4.5%
Average Rent€700/month
Occupancy Rate70%
Capital Growth Rate3% annually
Property Tax0.4% of property value
Transaction CostsApprox. 10% (including taxes)
Expected ROI5% annually
Economic Growth ImpactModerate, driven by tourism

Dehesa De Campoamor FAQ

  • What factors influence real estate prices in Dehesa De Campoamor?

    Real estate prices in Dehesa De Campoamor are influenced by several key factors, including location, amenities, and market demand. Properties situated closer to the beach tend to command higher prices, with beachfront apartments averaging around €200,000 to €300,000, while those located a bit further inland may range from €150,000 to €250,000. The quality and condition of the property also play a significant role; modern villas with pools and terraces can exceed €500,000, while older properties may sell for less. Seasonal fluctuations affect demand, with summer months seeing a noticeable increase in interest from international buyers, often driving up prices by 10% to 15%. Additionally, local amenities, such as proximity to schools, restaurants, and golf courses, can further enhance property values; for instance, homes near the popular Las Ramblas Golf Club may see a premium of around 5% to 10%. Local economic conditions and overall sentiment in the Spanish real estate market also indirectly influence prices, particularly in a resort area that attracts both year-round residents and vacationers.

  • How do property prices in Dehesa De Campoamor compare to nearby areas?

    Property prices in Dehesa De Campoamor tend to be slightly higher than in some nearby areas, reflecting its coastal appeal and amenities. As of 2023, the average price per square meter in Dehesa De Campoamor is around €1,750, while in the neighboring town of Cabo Roig, it is approximately €1,650. In contrast, areas like La Zenia show an average of €1,500 per square meter. Furthermore, more prominent residential developments within Dehesa De Campoamor can reach up to €2,200 per square meter, particularly those with sea views or proximity to the beach. For example, a three-bedroom apartment can cost around €250,000, while similar properties in Torrevieja might be listed closer to €200,000. In summary, Dehesa De Campoamor positions itself as a premium option compared to its immediate surroundings.

  • What is the average price per square meter for properties in Dehesa De Campoamor?

    The average price per square meter for properties in Dehesa De Campoamor typically ranges between €1,500 and €2,500, depending on the property type and location within the area. For instance, modern apartments near the beach can command prices upwards of €2,200 per square meter, while older properties or those located further from the coastline may be available for around €1,400 to €1,600 per square meter. Luxury villas with sea views can reach up to €3,000 per square meter, particularly in prime locations. As of late 2023, the real estate market has shown signs of stability, with prices remaining relatively consistent compared to previous years, though some individual listings may deviate from these averages based on specific features or proximity to amenities.

  • Are property prices in Dehesa De Campoamor increasing or decreasing?

    Property prices in Dehesa de Campoamor have shown a notable upward trend over the past couple of years, with recent data indicating an increase of approximately 7% since 2022. The average price per square meter now hovers around €1,800, which is a jump from about €1,670 previously. This increase can be attributed to several factors, including the area's growing popularity among expatriates and its appealing coastal location. For instance, a two-bedroom apartment that once sold for €150,000 is now listed at around €160,000, illustrating the rising market demand. Additionally, luxury villas in the region have seen significant price inflation, with some properties exceeding €500,000, compared to similar homes that were priced around €450,000 just a year ago. This escalation in property values reflects the broader trends in Spain's coastal real estate, where regions like Dehesa de Campoamor continue to attract attention from both local and international buyers.

  • What types of properties are most common in Dehesa De Campoamor and how do their prices differ?

    In Dehesa De Campoamor, the most common types of properties are apartments and detached villas, catering primarily to both permanent residents and holidaymakers. Apartments typically range from one to three bedrooms, with prices averaging around €100,000 to €250,000 depending on proximity to the beach and the amenities offered. For example, a two-bedroom apartment within walking distance to the coast can be listed for approximately €150,000, while more luxurious options may exceed €200,000. On the other hand, detached villas, often featuring private gardens and swimming pools, command higher prices. Villa prices generally start at around €250,000 for a basic three-bedroom model and can go up to €600,000 or more for newer builds or those with ocean views. For instance, a modern four-bedroom villa with sea views might be priced around €450,000, reflecting the premium location and amenities available.

  • What are the typical closing costs associated with purchasing real estate in Dehesa De Campoamor?

    When purchasing real estate in Dehesa De Campoamor, buyers should expect to incur several closing costs that typically range between 10% to 15% of the property's purchase price. These costs generally include property transfer tax, which is around 8% to 10% depending on the property price, along with a notary fee that can vary from €600 to €1,200 based on the complexity of the transaction. Additionally, registration fees to have the property inscribed in the land registry usually amount to approximately €400 to €800. Buyers should also budget for legal fees, which can be around 1% of the purchase price, in addition to any administrative charges that might arise, such as document translation or obtaining energy performance certificates, costing approximately €100 to €300 each. Lastly, mortgage-related costs, if applicable, may add another 1% for arrangement fees.

  • How do seasonal trends affect real estate prices in Dehesa De Campoamor?

    Seasonal trends significantly influence real estate prices in Dehesa De Campoamor, which is located on Spain's Costa Blanca. During the summer months, particularly from June to September, property demand peaks as tourists flock to the area, leading to a spike in prices. For instance, average property prices might rise from approximately €150,000 in the off-season to around €180,000 in peak summer months due to increased competition among buyers looking for holiday rentals. Conversely, the winter months, particularly from December to February, often see a dip in both demand and prices, with averages potentially falling to €140,000 as seasonal rentals decrease and locals are less inclined to sell. Additionally, the spring months, especially around Easter, can also see a price increase, with a rise of about 5-10% as buyers capitalize on the improving weather and longer days, reflecting the area's desirability for both investment and leisurely vacations.