In an economic environment where innovation and sustainability are more important than ever, the Spanish agricultural sector is undergoing a significant transformation. Investment in rural real estate, once considered a traditional, low-growth niche, is emerging as a fertile field for potential investors.
Nature and the tranquillity of village life are becoming increasingly popular. Whereas a hundred years ago it was common to leave the village behind to seek a better future and a better life in the cities, today the situation has changed dramatically.
After the pandemic, many people have decided to return to the village - far from the stress and fast pace of the big cities - and most of them have decided to stay. As a result, investment in this type of property market is in vogue and, in recent years, has grown exponentially. In fact, during the first half of 2023 and according to the General Council of Notaries, the number of property sales of rural properties or land reached 65,845 transactions.
Investing in rural real estate has great benefits. Generally, their sale value will remain constant, but also their capacity to generate income will depend on us. Not entirely, but an important part if we know how to manage the productive capacity of the land, among other aspects.
Among the most sought-after rural properties are, for example, rural houses, but rural estates and land are also top assets. In other words, if you are thinking of giving your savings a chance or you have a new life project in mind, there is a wide range of possibilities within your reach.
And the fact is that, contrary to popular belief, you can find rural houses for sale at affordable prices. Once you have obtained this property in the middle of the countryside, you will be able to open the doors, for example, of your rural tourism accommodation. Because, for some years now, rural tourism and leisure has proved to be a very profitable business.
And, within this option, there are many variables. You can buy a rustic house and reform it to your liking or, on the contrary, rent or buy a rural house that is already in operation. This type of property is usually a safe value. That is to say that a rural accommodation is more than attractive for clients, but above all for investors who see how this property is more profitable than other types of assets and, therefore, the risk of losing money is lower.
Another alternative is to build aboutique hotel which, for example, in mountain areas has become a great tourist attraction for those who want to disconnect and rest. In short, investing in rural leisure goes hand in hand with new demands and social habits. It is sustainable, it revalues areas and thinks about improving the quality of life and the wellbeing of the population.
But, in order not to have a setback, we recommend, first of all, to make sure that the price of the property is reasonable. To do this, research and analyse the rural property market and make an estimate of the initial expenses you would need. Remember, in addition to building work or renovations, you should also take into account the real estate agent's fees, notary fees, valuations, etc.
In other words, do not take the decision to buy a property or rural asset lightly. It is important to be cautious and well advised and, for this, there is nothing better than the expertise of Brassa Homes®️ which is up to date on all aspects related to rustic properties. In addition, it has the best selection of fincas and country houses all over the Costa Blanca, so you will find the best asset to make your dream come true!
