Irina Velkova
Founder
Maria Kapchinsky
Head of Business Development
Natalia Bayuk
Real Estate Manager
Welcome to Cost Invest, where our commitment goes beyond real estate – we're your trusted partners in the strategic pursuit of homeownership and smart investments in the vibrant Costa Blanca. Picture affordable properties designed for both intelligent investment and the creation of a true home. Our mission is to assist you through every step, providing expert guidance for your dream home acquisition and ensuring that your investment is not only prudent but also gratifying. Let us navigate the path to homeownership and intelligent investments together.
Take a moment to browse through the topics below and reach out to our dedicated customer support team.
There are still apartments available in so-called residential not popular neighborhoods at a low price. Currently, the status of these areas is gradually changing as the rental prices are now high, and the lower-income population is moving away. The infrastructure in these areas is at a high level, with schools, shops, educational institutions, and sports facilities. We see the prospect of transforming these areas into prosperous ones in the near future. However, property prices are rising quite rapidly due to these changes. Our client bought an apartment for 60,000 euros, whereas just three years ago, it was worth 35,000 euros.
Yes, purchasing real estate at a minimum cost of 500,000 euros qualifies for a residence permit. However, you also have the option to buy a more affordable apartment and, separately, utilize our services for residency, which would be a more cost-effective solution for you if you not ready to invest 500,000 euros right now.
Apartments in Greece or any other country of similar quality start from 100,000 euros, with rental rates comparable to Spain but lower profitability. According to Numbeo, Greece ranks 37th and Spain 38th in the cost of living among 120 countries. Spain excels in environmental conditions, ranking 6th, while Greece is at 21st place. Spain also ranks 6th for the healthiest population, with an average life expectancy of 82.2 years. In summary, Spain offers a balanced mix of optimal climate, environmental quality, and affordability, while Greece may involve higher expenses and a less developed social sector.
We recommend a minimum investment of €60,000 to €65,000 for an apartment. With this amount, you can acquire a property in a good area, complete with essential infrastructure, making it appealing for long-term rentals.
The average Return on Investment for long-term rentals is between 7%-10% but can vary across different areas in the region. In Alicante, Valencia, Benidorm, and Althea, ROI is influenced by factors such as location, property type, and local market conditions. Generally, these areas can offer competitive ROIs. For more precise information tailored to your investment interests, it's recommended to consult with us directly.
