Stop saving and buy a house!
It is very interesting at this moment to invest in real estate, especially at the Costa Blanca. In the next common years, prediction tell there will be an annual price increase of 10%. Furthermore, there are great rental opportunities in this area.
Spain is a country which is very popular for foreigners to live, in the last 11 years the number of foreigners living in Spain has been multiplied by five. 12.5% of the total population of 47 million people in Spain is a foreigner. Particularly in the Alicante district, where more than a quarter are not hails from Spain.
Forecasts predict that the age group of 65 and older will grow tremendously in the next common years. After the Second World War a baby boom occurred in Europe. Now, 65 years later, there originates an increasing number of people retiring. Although we are recovering from the economic recession, a lot of people have seen their assets reducing in value.
Therefore are the following reasons very attractive to migrate to Spain. Firstly, one reason is to enhance quality of life while maintaining an assured standard of living. Living in Spain is half as expensive as living in the UK, the Netherlands or Germany. Therefore it is financial attractive for pensioners, with a small budget, to move and live in Spain. Secondly, the climate in Spain, especially the Alicante province, has proven to be a very healthy living condition. According to the WHO (World Health Organization) the climate of Alicante is the healthiest in the world. Mainly, when people suffering rheumatism, a health condition which occurs common among elderly, the Alicante province brings you healthy benefits. This is due to the dry climate and salt lakes.