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The city of Granada and the Costa Tropical have many attractions to offer. The subtropical climate and wonderful beaches as well as the stunningly beautiful architecture of the historic towns and villages in the Sierra Nevada Mountains offer something for everybody’s taste.
Granada province is just an hour and half drive away from the famous Costa del Sol, but has a very different atmosphere and real estate market. Here town houses, villas and apartments are considerably more affordable, yet offer the same level of luxury and high-spec finish than one can expect in Marbella or Nerja.
Village life in Almunñécar, La Herradura, Motril or Salobreña at the Costa Tropical is far more tranquil than life at the busy Costa del Sol would be, but has similar attractions for an outdoor lifestyle.
Motril is the largest town at the Costa Tropical. Its 50,000 residents benefit from the flower and tropical fruit producers who are settled in the area. While most tourists pass by on their way to either Almeria or Malaga, Motril does have some attractions to offer that should lure the occasional holidaymaker to the town. The beautiful baroque town hall dates back to 1631 and Casa de las Palmas is an authentic 16th century sugar mill worth seeing. Two beaches, Playa Granada and Playa Poniente, are practically reserved for locals, since the facilities and services are not in the league of other resorts and so do not lure international tourism to these shores.
Salobreña is considered the jewel in the crown of the Costa Tropical. A town overflowing with white-washed houses and typical Granada charm, Salobreña also has a 10th century Moorish Castle, lush sugar cane plantations and 40 minute drive proximity to the Alpujarra to attract permanent and semi permanent residents to its rocky township. Between October and April residents can go skiing during the day and upon their return home lie in the sun at Salobreña’s lovely beaches.
Buying property in the Granada province, be it as a holiday residence, second or permanent home, is a safe bet as far as a long-term investment is concerned. With beach life and skiing holiday options available, Granada and the Costa Tropical offer the best of both world’s to holidaymakers and residents. Holiday rentals can provide a year-round income, unlike some parts of the Costa del Sol or Costa Blanca, where holiday rentals are restricted to the summer months only.
Rich in culture and heritage the Granada province attracts a large number of tourists every year who are looking for the type of Spain that once existed before the hotel chains, night clubs and high rise buildings took over parts of the Costas. For around EUR 100,000 it is possible to purchase an already fully renovated resale home in a Granada suburb. In the villages surround the city of Granada villas, fincas and town houses that need some refurbishment are often an amazing bargain, as EUR 100,000 buys a lot of house and garden.
Historic three and four bedroom village properties that still require some work can often be snapped up for around EUR 40,000. Modern resales typically cost from EUR 110,000 upwards, depending on their proximity to the city of Granada and their size including any land that might come with the property.
At the Costa Tropical a 4-bed, 2-bathroom apartment with terrace located in Almunecar overlooking the sea might cost as much as EUR 319,000 for a resale, while in Lanjarón a 3-bed, 2-bathroom key-ready apartment might set a potential buyer back by just EUR177,000.
Repossessions are currently available across Spain and are not just an evil that blights the Costa Blanca or Costa del Sol. A distressed seafront 3-bed-, 1-bathroom apartment in Los Yesos might cost as little as EUR 51,000.
Life in the province of Granada in general and in the city in particular is never dull. The UNESCO World Heritage site that is the city of Granada may be full of tourists for a substantial part of the year, but the city is large and sprawling with many quiet and tranquil quarters where permanent residence can enjoy a relaxed lifestyle away from the hustle and bustle of the Costas.