Where to buy real estate in France, Spain and Italy right now
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Monday, October 23, 2023
Whether it's the Costa or Cannes, here's our guide to where to buy a second home on the coast.
Cala Figuera, Mallorca
From the very beginning, when Thomas Cook started organizing package trips to Europe in the 1950s, the Mediterranean coast has been a firm favourite for holidays and second home purchases, attracted by its sunshine, good value for money, local culture and proximity to the beach. After 70 years, that appeal has not diminished.
"The Mediterranean remains the first choice of UK second home buyers because of its proximity and affordability, strong infrastructure and familiarity," says Robert Green, founder of Sphere Estates. "Historic towns and natural beauty have a special romantic appeal, while new branded residences and excellent entertainment amenities help keep the best places active. "
Golden places remain the same, but real estate preferences are changing.
26 October
Today's buyers are also showing more interest in environmental aspects and sustainability. "Many buyers want to purchase a property that will combine comfort with the environment and respect for nature," says Green. "They are looking for places where they can enjoy beautiful scenery while being close to infrastructure and amenities. "
The Mediterranean coast continues to be one of the most attractive places to buy a second home, and this trend is likely to continue in the future.
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