Discover why Murcia is a top destination for property investors
The Region of Murcia boasts a warm Mediterranean climate, affordable properties, and a growing economy
Located in the southeast of Spain, the Region of Murcia continues to attract the attention of real estate investors from all over the world. With its crystalline beaches, warm Mediterranean climate and rich history and gastronomic culture, the area has become increasingly popular with people hoping to relocate or discover a second home in the sun.
House prices in the Region are surprisingly affordable compared to many other parts of Spain and there are properties to suit every budget.
Location, Location, Location!
Murcia enjoys a Mediterranean climate with mild winters and very hot summers that frequently stretch well into October, making it the perfect destination for those wanting to enjoy year-round sunshine. The Region also boasts the stunning Costa Cálida coast, with miles of sandy beaches and picturesque coves.
Affordability
Compared to other popular resorts like the Costa del Sol and Costa Brava, house prices in Murcia tend to be far more affordable, with everything from beachside luxury villas and penthouses to city centre boltholes on offer. This affordability and choice has continued to attract both homebuyers and real estate developers looking for investment opportunities over the years.
Infrastructure
The regional government has significantly invested in infrastructure and the area is home to several high-speed rail services with exciting new connections to Madrid and other top destinations in Spain. The region is also home to Corvera, an international airport, making it easily accessible from abroad.
Golf courses and adventure sport
Today, Murcia is internationally renowned for its huge selection of top-class golf courses and resorts, a reputation that draws thousands of enthusiasts each year. The all-year mild climate has also allowed the Region to develop its outdoor sports tourism in other areas, and this niche market continues to attract investors.
Tax breaks
The Spanish government offers numerous incentives to attract real estate investment. In Murcia, property buyers can enjoy a reduced VAT rate on new builds, as well as a flat income tax rate of just 19% for non-residents who rent out their properties. In addition, there are several other tax breaks, grants and financial deductions available in the Region, such as mortgage interest and property maintenance discounts.
Economic growth
The Region has seen steady economic growth in recent years and as the local economy thrives, this naturally attracts businesses, tourists and expats keen to enjoy a thriving community.
The overall quality of life in Murcia, including its cultural attractions, abundance of sunshine and affordable, quality housing makes its an ideal destination for those looking to make a sound investment in real estate.
