Property Abroad
News
Why does Playa de Aro attract Russian real estate buyers?

Why does Playa de Aro attract Russian real estate buyers?

Why does Playa de Aro attract Russian real estate buyers?
  • Why is Playa de Aro the perfect place for vacation and shopping in Spain?
  • How is the real estate market in Playa de Aro changing and who are its buyers?

Castell-Playa de Aro

Castell-Playa de Aro is a municipality located in the picturesque Spanish region of Costa Brava. It includes three localities: Playa de Aro, S'Agaro, and Castell de Aro.

Shopping and Attractive Attractions

Playa de Aro is known for its enjoyable experiences.shoppingEven on weekends, when many other Spanish cities have their shops closed, S'Agaro attracts visitors with its stunning architecture and beautiful promenade, while Castell-Platja d'Aro impresses with historical landmarks such as the ancient castle and medieval fortress.

Unforgettable experiences

The city of Playa de Aro leaves unforgettable impressions. This is not only due to its location on the coast.Mediterranean Sea...but also that the prices for clothing and footwear here are significantly lower than in major cities in Russia, such as St. Petersburg or Moscow.

  • For example, moccasins that can cost 6,000 to 7,000 rubles in St. Petersburg can be purchased in Playa de Aro for just 100 euros.
  • Clean streets, well-maintained parks and neatly trimmed hedges create a special atmosphere.
  • Local residents, although they don't always speak English, sometimes surprise tourists by speaking Russian.

The economic situation in Spain

Despite the economic instability reported by the media about Spain, Playa de Aro is not experiencing such difficulties. Some analysts predict the country's bankruptcy, while others report a risk of default. Housing prices in several regions of Spain have nearly halved, and the unemployment rate exceeds 20%.

Life in Playa de Aro

Nevertheless, the economic difficulties do not affect life in Playa de Aro. It is a tourist and shopping town, so locals are not short of money.

  • In the high season, when tourists and property owners come here, there will be work for everyone.

Off-season visit

I managed to visit Playa de Aro in the off-season, which allowed me to experience the atmosphere of an almost deserted town. Undoubtedly, the central shopping street was lively with both locals and tourists — even on weekdays.

Unique atmosphere

But as soon as you turn into the side streets, a feeling of emptiness washes over you, and it seems that there are almost no people in the city, except for cleaning staff and hotel personnel. This is because many residential areas in Playa de Aro belong to people from other regions who only use them in the summer.

The rest of the time they remain empty or are rented out, which gives the city a special atmosphere of coziness and silence. This environment creates a unique feeling that you want to return to again and again.

Most likely, the feeling of loneliness I experienced became one of those moments that brought me satisfaction, as I don't like being in large crowds, whether they are tourists or locals. The locals claim that during the summer months, there are indeed many vacationers here. Therefore, spring and autumn seem to me the most favorable seasons to visit Playa de Aro.

The situation in the real estate market

Speaking about the situation in the real estate market, there are rumors that it hasn't been significantly affected by the recent economic crises. According to expert Alexander Vlasenko, who is a partner at the a2partners fund, although prices for housing in the form of apartments and houses have slightly decreased, this decline is not as noticeable as in other regions of Spain. The specialist attributes this tolimited land offerprovided by the local administration for new developments, as well as withhigh standard of livingin Playa de Aro. In addition, there is a clear shortage of offers in this market, which also affects the situation.

Changes in the customer audience

If previously the main buyers here were the English and the French, in recent years there has been a growing interest from citizens of Russia and Ukraine. Our compatriots often choose housing in the range of500,000 to several million euros.

Recommended real estate
Rent in Spain for 2357£

Rent flat in Lisbon 3 030,00 $

3 Bedrooms

2 Bathrooms

110 м²

Buy in Spain for 320000€

Sale house in Barcelona 342 857,00 $

3 Bedrooms

183 м²

Buy in Spain for 85000€

Sale house in Orihuela 91 071,00 $

1 Bedroom

1 Bathroom

49 м²

Buy in Turkey for 447000$

Sale flat in Istanbul with city view 447 000,00 $

1 Bedroom

62 м²

Rent in Spain for 20000€

Rent villa in Oeirash 21 428,00 $

6 Bedrooms

6 Bathrooms

840 м²

Buy in Turkey for 570114£

Sale house in Desemealti 733 003,00 $

4 Bedrooms

3 Bathrooms

300 м²

As Mr. Vlasenko notes, "here people buy not only square meters, but, above all, emotions," which is hard to disagree with.

The share of Russians in the market

According to information from expert Andrey Maslak, who is also a partner at a2partners, the share of Russians among property owners in Playa de Aro is approximately5 to 7%all foreigners who have housing here. In the banks of this resort town, there are about2,500 bills.For our compatriots. What specific types of real estate attract Russian buyers? What can they purchase for their money, and how feasible will it be to rent it out?

Examples of interesting objects

  • Apartment in a residential complex:The apartment in a residential complex with an inner courtyard and a pool, purchased for400,000 euros. At the moment, her owner is renting this place for a fee1,200 euros per monthApartments located in close proximity to the sea and in residential complexes equipped with swimming pools always have good potential for future rentals.
  • Unique house:Another attractive option is a unique house, one of a kind in the port, with its own covered pool. Many apartment owners have private docks and yachts, with the distance to the sea being just50-100 meters.This complex is shaped like a yacht and is surrounded by greenery. There is a two-room apartment for sale with a modern design, which has an area of approximately75-80 square metersand a well-maintained terrace with an area of18-20 square meters. The cost of this housing is .650 thousand eurosAdditionally, the tenant can rent a dock (the costs will not exceed5 thousand euros a year).
  • Apartment on the second line:There is also an option of an apartment located in the second line from the coast, the price of which is420 thousand euros, and the area is about75 square meters. This property could also be an interesting proposition for both tenants and buyers.
Why does Playa de Aro attract Russian real estate buyers?

Conclusion

In conclusion to the article about Playa de Aro, I want to emphasize that this municipality, despite the current economic situation in Spain, wonderfully maintains its appeal for both tourists and residents. I was pleasantly surprised by how seamlessly modern aspects of life blend with the historical part, reflecting the region's rich cultural heritage.

Playa de Aro is not just a summer vacation spot; it's a corner where one can live year-round, away from noisy cities, enjoying picturesque beaches, cozy streets, and unique architecture. Every local here seems like a guardian of their piece of land, which gives this place a special atmosphere of comfort and tranquility. There is something magical about how, on spring or autumn days, the town comes alive with warmth while still maintaining a unique, somewhat secluded vibe.

Real estate market

While exploring the real estate market, I noticed that interest from foreign buyers is only increasing. Recent data confirms that Russians are increasingly actively purchasing property here, which is not only related to good prices but also to the desire to create a little piece of paradise away from home. It is quite symbolic that buying real estate here is associated withemotionsandwith joythat makes the process even more appealing.

Why Playa de Aro is attractive:
  • Picturesque beaches
  • Cozy streets
  • Unique architecture
  • Quality of life
Economic stability

Playa de Aro also shows that even in times of crisis and instability, it is possible to find flourishing places where the economy continues to thrive thanks to tourism and quality of life. I hope that this little Spanish corner will continue to attract both locals and foreign investors, offering all of us unique opportunities for recreation and living.

Choice for relaxation

If you are looking for a place filled with magic, a warm atmosphere, and at the same time with good real estate investment opportunities,Playa de Aro– it's your choice.

Comment

Popular Offers

Subscribe to the newsletter from Hatamatata.ru!

I agree to the processing of personal data and confidentiality rules of Hatamatata