Buy an apartment in Elche

Buy an apartment in Elche

Investing in an apartment in Elche: what should you pay attention to?

• Location: The location of the apartment is an important factor. The location can affect the value of the apartment and the rental income. Are there any developments in the area that could affect the value of the apartment?
• Costs & Returns: It is important to look at the costs and returns. Do not only look at the purchase price of the apartment, but also at the costs for maintenance, repairs and taxes. This will give you a good idea of the rental income and profit . The return on investment (ROI) is very important in real estate investments. This indicates how much profit you can expect on your investment.
• Risks: There are also risks associated with investing in an apartment. The property can decrease in value, there can be problems with tenants or unexpected costs can occur. It is important to know these risks. Are you prepared to take these risks?
• Financing: What are your financing options? Some choose to finance the property entirely with their own funds, while others use loans. It is important to consider and assess the pros and cons of different financing options. Which option best suits your financial situation and goals?
• Property management: If you choose to buy an apartment, it is important to have the property managed properly. Think about finding tenants, collecting the rental income, maintaining the apartment and how to deal with any problems. You can choose to do the management yourself, but you can also choose to hire CasaLasDunas as your property manager .

Why buy an apartment in Elche

Elche has it all! The city is a great choice for investors, whether you are looking for a place of your own or a return on your investment.

• Tourism: Elche attracts thousands of tourists every year, creating a constant demand for holiday rentals and residential properties.
• Property Value Increase: The property market has grown significantly in recent years. Investing in property in this area can yield significant long-term value increases.
• Rental Income : Demand for both long and short term rental properties remains high, providing investors with a stable source of income.
• Quality of life: Spain is known for its high quality of life, with excellent healthcare, good infrastructure, delicious cuisine and a relaxed lifestyle. This makes the country attractive to investors, second home seekers and retirees alike.
• Tax benefits: Spain offers several tax benefits for property investors, including deductions for mortgage interest and maintenance costs on rental properties.

The location & history of Elche

Elche offers a unique blend of Spanish history and modern amenities. Known for its vast palm groves and lively centre, the city is close to beaches and Alicante airport. Elche is the third largest city in the Valencia region.

Around the ^10th century, the Arabs established the city on its current site and surrounded it with palm trees. The Moors planted an orchard with date palms and an irrigation system. Today, more than 300,000 palm trees give Elche an exotic atmosphere. Palmeral Elche has been declared a World Heritage Site , so no palm tree may be removed.

The climate and environment of Elche

Elche has a Mediterranean climate with over 300 sunny days per year. The city has a dynamic economy, excellent educational facilities and modern amenities , while at the same time maintaining its historic character.

CasaLasDunas – Your Dutch real estate agent

We are happy to help you buy an apartment in Elche. From viewing to legal processing, we ensure a carefree purchase! Do not wait any longer and contact us quickly, so that we can help and support you to make your big dream come true! Fill in the contact form on our website, mail to info@casalasdunas.com or call tel. +34 965724489 .