Huelva, which is located on the western tip of Andalucia offers something unique and quite impressive: a property hotspot. This area is one that is often overlooked by property buyers, often because they favour more well known locations. Yet with all the turmoil in the EU housing markets and the global credit crunch, these properties continue to offer returns on investments.
What is unique about Huelva is that it offers much of what investors are looking for, including beautiful white beaches and some of the best property prices. Those prices are about 40% below those of the more popular and neighbouring areas of Costa del Sol and the Algarve. The location is one that offers plenty of opportunity too. Some 2/3 of the country is designated national park, and much of the rest of the region offers undeveloped or underdeveloped locations.
In Spain in 2007, some 800,000 properties were built. In that time, a mere 1% of them were built in Huelva.
Additionally, a new international airport will be opening up here in 2012, giving the city even more opportunity for tourism travel and easy access from investors. New developments have been in the works over the last five years, including the implementation of several golf courses and resorts. Still, much of the area is ripe for opportunity investing.
