Spanish homes in Asturias
October 19th, 2007
If you are looking for a different kind of Spain, away from the sunblasted Costas, then Asturias, tucked behind the Bay of Biscay on the northern coast, might fit the bill. The area is already a second-home favourite with the Spanish.
The coastline is awash with blue-flag beaches and fishing villages, the landscape inland covered with forests and orchards – source of the famous local cider. The mountain range of Picos de Europa is also a stunning natural park.
“This is an unspoilt part of Green Spain,” says Clive Robbins, managing director of Blakemore Walker chartered surveyors, who sell homes across the region.
“Since the arrival of low-cost flights the market has seen a steady uplift in property values. The high-speed train link from Madrid to Oviedo, the capital of Asturias, is also nearly complete, and the motorway system is good.”
Asturias has not experienced the dramatic price rises of the Costas, although as always there is a premium on the coast.
In the pretty fishing village of Cudillero prices start from £150,000 for a two-bedroom apartment but you can still get a pretty five-bedroom cottage just outside the village for £250,000.
The main town of Gijón offers the widest range of property with two-bedroom apartments from £100,000. A four-bedroom duplex flat will sell for £500,000. For those with deep pockets, the town of Lastres offers a stunning townhouse with views to the sea for £650,000.
Go half an hour inland, however, and it is a different story. “Homes can be up to 50 per cent cheaper,” says Robbins, “and in the hills the views can be stunning.”
Rafael Izquierdo of Zelanda Properties agrees. “An attractive detached villa might go for £175,000,” he says, “and plenty of properties are much less.”
Properties that attract foreign purchasers tend to fall in the £80,000-£150,000 bracket – but often require £70,000 of work. There are also renovated homes on the market: for a restored farmhouse on the coast with land and outbuildings, expect to pay around £300,000-£500,000.
The market in Asturias has showed some signs of slowing but the economy looks healthy, with a lot of European funds invested in infrastructure. Buyers can still find good value. They will also find the elusive, authentic Spain.
Story from telegraph.co.uk