Costa Blanca popular with Belgians for second stay in Spain
2021-05-02 - Back to overview

Costa Blanca popular with Belgians for second stay in Spain

Belgians like to go on holiday to Spain. Many have a soft spot for the Costa Blanca, in the province of Alicante. In 2020, 2,105 Belgians bought a second home there. This is an increase of no less than 425% since 2010.

Large foreign interest in real estate on the Costa Blanca

Belgians are responsible for 14% of the real estate purchases by foreigners on the Costa Blanca. Only the British are doing 'better', although there has been a decrease of more than 30% due to the Brexit. During the corona pandemic, the number of purchases by Belgians only decreased by 13%, which is the smallest decrease of all nationalities.

Belgians spend an average of 220,163 euros on their second stay on the Costa Blanca. This makes them the biggest spenders after the Dutch. They spend on average 273,336 euros on Spanish property.

Rising real estate prices

Due to the corona crisis, real estate prices remained stable. Now that there is a greater demand for homes again and construction prices are rising, it is expected that prices for a second home will rise in the coming years. A slight increase is already noticeable. So now is the ideal time to buy property on the Costa Blanca with an excellent price-quality ratio.

Costa Blanca very popular region

Many Belgians rent out their second home to get extra returns from it. This is a smart move, since the Costa Blanca is very popular with tourists. From Belgium alone, 33 flights depart weekly for this beautiful region with a mild climate and 2,700 hours of sunshine per year. The Costa Blanca is popular all year round, both as a summer and winter destination.

The Costa Blanc is also popular with Belgians because of the wide choice of properties. In addition to existing houses and renovation projects, there are many sustainable new construction projects. These comply with strict rules, so as an owner you can rest assured for the future and enjoy your second stay in Spain even more.