Real Estate in Costa Dorada: 7 Reasons to Invest Today

Real Estate in Costa Dorada: 7 Reasons to Invest Today

Costa Dorada is a picturesque region stretching along the coast of Tarragona in the Spanish province of Catalonia. Thousands of tourists visit Costa Dorada every year. There are many exciting entertainment spots for the whole family, wonderful beaches, and architectural delights. Experienced investors have long recognized that buying an apartment or a house in the Costa Dorada is a profitable investment. In our article, we will discuss why it is worth investing in real estate on the "golden coast" of the Spanish shore.

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№ 1. Outdoor Activities

Tourists who enjoy an active vacation, full of fun, and those who want to relax in comfort, will be satisfied by the many interesting places in the Costa Dorada. For example, there are several large theme parks and water parks. And those who prefer sports and a healthy lifestyle can visit the Salou Sports Center, among many other entertainment venues in the area.

PortAventura is recognized as one of the largest theme parks in Europe. There are more than 40 attractions here. The park is divided into six themed zones, representing various regions of the world. Represented are, China, the Mediterranean, the Wild West, Mexico, Polynesia, and the fabulous world of Sesame Street. Kids can visit specially equipped play areas. In PortAventura, there is the Caribe Aquatic Park, with a large number of water attractions.

The waterpark Aquopoli is located in La Pineda. It offers guests the chance to visit attractions of varying designs. You will find water slides and pipes, swimming pools, artificial rivers, safe play areas for children, a large beach, as well as a dolphinarium in Aquapolis.

Another water park, Aqualeon, is located in the province of Tarragona. Aqualeon is the third most popular water park in the Costa Dorada and is a great place to spend quality time with the whole family. Aqualeon has three play areas for children and about five extreme rides for adults.

The Salou Sports Center includes the Lumine Golf Club with three golf courses, several soccer fields, swimming pools, and tennis courts. All this is perfect for sports and healthy lifestyle enthusiasts. This developed entertainment infrastructure positively affects the investment attractiveness of Costa Dorada properties. Apartments and houses in this region will always be in demand among tourists and potential buyers if you decide to resell. The richer the entertainment environment is, the higher the values of nearby residential properties.

Real Estate in Costa Dorada: 7 Reasons to Invest Today

№ 2. Sights in the Costa Dorada

Spain is famous for its ancient buildings. Out of season, many art lovers who want to witness these architectural masterpieces visit the country. This is another reason why housing in the Costa Dorada region is worth investing in. The historically significant areas of the country are always sought after by renters.

In the Costa Dorada, you can see the Tarragona Amphitheater, where gladiator fights and death-defying matches with lions and tigers took place. Presently, the main gate, the arena, and some stands remain intact.

Tourists also appreciate the Roman aqueduct (the so-called Devil's Bridge). This building was used to supply water to the ancient city of Tarroco, now called Tarragona. The aqueduct is included in the List of UNESCO World Heritage Sites.

Close to Tarragona, in the Roda de Bera municipality, there is a 12-meter high triumphal arch, built by the order of Lucius Licinius Sura, the General of Emperor Trajan.

Among religious architectural monuments, it is worth noting the Cathedral in Tarragona. Its construction began at the end of the 7th century on a hill where the temple of the Roman emperor Augustus had previously been located.

№ 3: Beaches

The "Golden Coast" is known for its beautiful beaches, most of which have been awarded the Blue Flag. It exhibits cleanliness, well-maintained grounds, and quality service. The most popular beaches are El Vendrell, Playa Ponent, Playa Larga, and Playa de Calafell. Local beaches are equipped with all the necessary amenities, such as showers, changing cabins, toilets, and children's playgrounds. Sunbeds and beach umbrellas are available for rent.

The shore of the Costa Dorada has a smooth entry into the sea, ideal for families with children. Here, the beach season lasts from June to October, which causes home rentals to be in demand over these months, as hotels are often fully booked.

№ 4. Climate

The Mediterranean climate is one of the main reasons why tourists choose the "Golden Coast" of Spain. Here, the summer season lasts from May to October. The average daily air temperature is about 30°C, and the water temperature is +25°C in the summer. The hottest period is from June to August. Air temperature increases up to +35 ºС during this period.

In the Costa Dorada, the velvet season lasts from September to the end of October. At this time, the flow of tourists decreases, but the weather is still warm and sunny, and the sea has not yet cooled down. In winter, the air temperature ranges from +10 to +15 ºС. The "Golden Coast" is surrounded by the Catalan Mediterranean System and the Pyrenees, so there are practically no winds and storms here.

Short-term rentals are in high demand during the months of the beach season, and, due to the mild climate of the Costa Dorada, long-term rentals are also popular here. Residents of countries with a cold climate often come to the Costa Dorada for the winter and rent a home here.

№ 5: Costa Dorada Real Estate

The proximity to Barcelona, the Catalan capital, creates a demand for properties in the Costa Dorada. The real estate market offers various options, from cozy apartments and townhouses to luxurious, spacious villas and chalets on the coastline.

Prices depend on different criteria, such as housing size, number of rooms and bathrooms, finishes, services in the residential complex, proximity to the sea, and the construction year. Here are the current prices:

  • A two-bedroom apartment (pre-owned) of 70 m², with a living room, a bathroom, and a terrace is on sale for €87,550.
  • An apartment with the same parameters, but in a new building, will cost €160,000 on average.
  • A large three-bedroom apartment in a modern residential complex near the sea, 100 m², with two bathrooms, a living/dining room, a separate kitchen, and a terrace is for sale for €223,000.
  • A spacious premium five-bedroom villa with five bathrooms, a large living room with a kitchenette, a dining area, a terrace, a private pool, and a garden will be a good option for wealthy investors at €1,100,000.

It is clear that the Costa Dorada provides a wide range of prices and allows you to buy affordable housing.

№ 6. Return on Real Estate Investments

Real estate on the Costa Dorada is an excellent buy-to-invest option due to the beautiful seashore, lively beach resorts, and convenient location close to Barcelona airport. That is why local properties are well-known among tourists who are interested in vacation rentals. In Costa Dorada, the average return on rental business is 5% a year, but you can achieve 6 to 7% a year with proper management.

Real Estate in Costa Dorada: 7 Reasons to Invest Today

№ 7. Residence Permit for Property Purchases in Spain

In Spain, there is a program that allows foreign investors to obtain a “Golden Visa”. This type of visa is also called a residence permit. The Golden Investor Visa is for a foreigner who has bought real estate worth €500,000. This visa is valid for 1 year, but the holder has the right to extend this period in the future. Close relatives of a golden visa holder can also obtain a residence permit in Spain.

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