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Guardamar De La Safor

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Real estate insights for Guardamar De La Safor

AspectSummary
Gross YieldAverage gross yield around 6-8%.
Rental DemandHigh demand due to proximity to beach tourism.
Average Rent PriceApproximately €700-€1,200 per month for apartments.
Vacancy RatesLow vacancy rates, typically around 5-7%.
Tenant Turnover RateModerate turnover rate, about 30% annually.
Operating ExpensesEstimated at 20-30% of rental income.
Regulation and Rent ControlLimited rent control, market-driven prices.
Furnishing/Unfurnishing RateCommon to offer furnished properties; 70% furnished.
Short-Term vs. Long-Term Rental MixMix favors long-term rentals, with 60% long-term.
Local Economic IndicatorsStable economy with growth in tourism and services.
Rental Price TrendsPrices have increased steadily by 3-5% annually.
Lease TermsTypical lease terms are 11-12 months.
Deposit RequirementsUsually one month's rent as a security deposit.
Utilities and Other CostsUtilities average €100-€150 monthly depending on usage.
Safety and SecurityGenerally safe, with low crime rates reported.

Guardamar De La Safor FAQ

  • What is the average rental price for a one-bedroom apartment in Guardamar De La Safor?

    The average rental price for a one-bedroom apartment in Guardamar De La Safor typically ranges from €400 to €600 per month, depending on the location and amenities. For instance, apartments closer to the beach tend to command higher prices, often reaching around €600, while those further inland might be available for €400 or slightly less. Properties in newer developments or those with features like a pool or sea views are more expensive. Additionally, seasonal fluctuations can impact prices, with summer months seeing a rise due to increased demand from tourists. For example, a modern one-bedroom flat located near the waterfront may be listed at €650 during peak season but could drop to around €500 in the off-peak months.

  • How do rental prices in Guardamar De La Safor compare to nearby towns?

    Rental prices in Guardamar De La Safor are generally competitive compared to nearby towns like Gandia and Oliva. In Guardamar, a two-bedroom apartment can range from €500 to €700 per month, which is slightly lower than Gandia, where similar properties often reach €600 to €800 due to higher demand, especially during the tourist season. On the other hand, Oliva tends to have similar pricing to Guardamar, with two-bedroom rentals averaging €450 to €650, making it an attractive option for those seeking affordability. Additionally, amenities such as proximity to the beach and local services can influence these prices, with Guardamar's coastal position appealing to renters looking for a balance of cost and lifestyle. Overall, while Guardamar maintains a mid-range rental market, its prices reflect local demand dynamics and amenities compared to adjacent towns.

  • What factors influence rental prices in Guardamar De La Safor?

    Rental prices in Guardamar De La Safor are influenced by several key factors. First, proximity to the beach significantly impacts rates; properties with ocean views or those within walking distance to the shoreline typically command higher rents. Seasonal demand also plays a crucial role; during the summer months, an influx of tourists drives up prices as short-term rentals become more sought after. Additionally, the type and condition of the property matter—modern, well-furnished apartments can fetch higher rents compared to older or less maintained units. Local amenities, such as restaurants, shops, and public transport options, further affect pricing, as residents often prefer the convenience of nearby services. Lastly, economic conditions in Spain, including employment rates and general consumer confidence, can influence the overall rental market in Guardamar De La Safor.

  • Are rental prices in Guardamar De La Safor higher during peak season?

    Rental prices in Guardamar De La Safor do experience a noticeable increase during the peak season, typically from June to September. This is primarily due to the influx of tourists seeking to enjoy the Mediterranean beaches and local festivities. For instance, a two-bedroom apartment that might rent for around €600 per month in the off-peak season can rise to €1,200 or more per month during July and August, reflecting demand. Furthermore, properties closer to the beach or with additional amenities, like a pool, can see even steeper price hikes, often reaching €1,500 or higher. Additionally, holiday rentals often implement minimum stay requirements during this period, further influencing market dynamics.

  • What is the price range for a three-bedroom house in Guardamar De La Safor?

    The price range for a three-bedroom house in Guardamar De La Safor typically varies depending on the location and condition of the property. As of recent market trends, you can expect to find houses priced between €150,000 and €300,000. For example, a well-maintained property near the beach might be listed around €250,000, while a more modest home further from the coastline could be available for around €175,000. Factors such as amenities, square footage, and outdoor space also play a significant role in pricing; homes with private pools or modern renovations generally command higher prices. Properties in more desirable neighborhoods may also exceed this range, reflecting their popularity among buyers.

  • Are utilities typically included in the rental price in Guardamar De La Safor?

    In Guardamar De La Safor, whether utilities are included in the rental price can vary significantly depending on the type of accommodation and the landlord's preferences. In some cases, particularly with fully furnished apartments or tourist rentals, utilities such as water, electricity, and internet may be included in the monthly rent. For instance, short-term rentals catering to holidaymakers often bundle these costs to simplify the staying experience. However, long-term rentals, especially those in the private market, may require tenants to pay for utilities separately, making it crucial to clarify these details before signing a lease. Additionally, properties offered through real estate agencies may list utilities separately in the rental contract, emphasizing the importance of reviewing agreements carefully to avoid unexpected expenses.

  • Do rental prices in Guardamar De La Safor vary based on property type?

    Rental prices in Guardamar de la Safor can vary significantly based on property type. For instance, a one-bedroom apartment in the town center typically ranges from €450 to €700 per month, while a three-bedroom family home might command between €800 and €1,200, especially if it includes amenities like a garden or pool. Villas and larger properties on the outskirts can reach upwards of €1,500, particularly those that offer sea views or are situated near the beach. Additionally, furnished rentals generally have a higher price tag compared to unfurnished options, reflecting the added convenience for tenants. Overall, the atmosphere of the neighborhood and proximity to local amenities like shops and restaurants also contribute to the rental price variations seen across different property types.

Other property types in Guardamar De La Safor