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(fr) FrançaisProperties for Sale in El Medano, Canary Islands, Spain
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958 sqft
Real estate in El Medano
Located off the coast of northwestern Africa, the Canary Islands offer a dream destination for home-buyers and investors, and El Medano is a unique jewel in its crown. If you're seeking a property in an idyllic setting with golden sand beaches and breathtaking ocean views, El Medano should be at the top of your list. This vibrant town in the Granadilla de Abona municipality is known for its extensive beaches and stunning natural landscape. It has earned the moniker "Playa Grande," or "Big Beach," for its vast stretch of sandy coastline and its sculptural Red Mountain ("Montaña Roja") gracing its backdrop. Before reaching out to a local real estate agent, it would be wise to familiarize yourself with El Medano's property market, the types of properties available, and the going rates for a vacation home in this extraordinary spot. El Medano's real estate scene offers a diverse range of architectural styles, from sleek, modern apartments to traditional Canarian houses, catering to different budgets and preferences. Whether you want a beachfront apartment, a charming traditional villa, or a hillside home with panoramic views of the Atlantic Ocean, El Medano has it all. This laid-back yet lively town truly presents a unique opportunity to own a piece of paradise.
El Medano properties: Market trends overview
The real estate market in El Medano, Canary Islands, Spain, has seen a consistent increase in property values, capturing the attention of investors from Europe and North America. These include investors from Scandinavian countries, the UK, Germany, and the United States, who are enticed by the tranquil yet exhilarating lifestyle offered by the area. Positioned alongside the gorgeous coastline, El Medano provides a perfect balance of a relaxed beach life and an exhilarating holiday owing to the range of outdoor activities, water sports and proximity to the buzzing Santa Cruz de Tenerife. El Medano, a vibrant and culturally rich place, is known for its exceptional quality of life. In recent years, local authorities have significantly invested in infrastructural development, resulting in a wide range of property options being available to buyers. These include modern and spacious apartments, contemporary villas, traditional Canarian houses, and stunning penthouses. Navigating through El Medano's real estate market to find properties fitting every budget and lifestyle choice is a straightforward process. This has turned this charming coastal town into a hotspot for foreign buyers looking to invest in Spanish real estate. Its welcoming atmosphere, in combination with the fantastic real estate opportunities, has solidified El Medano's reputation as a desirable location for property investment.
Average price of a property for sale in El Medano
What is the typical cost of properties in El Medano? The answer remains extensively vague due to several factors that affect the price, including the kind of property, its location relative to the historical center and beaches, the facilities it provides, and individual preferences (elaborate features, area, approachability, etc.). Latest data indicates that the peak asking price for property for sale in El Medano was €2,500 per square meter. The most high-priced property you can locate in the El Medano-Playa area. The lowest prices, with a standard price per square meter of €1,800, are seen in the La Pelada-Golf Del Sur area. The average asking price for a house in this locale is currently around €525,000.
Types of properties can you find in El Medano
El Medano, Canary Islands, Spain, hosts a variety of real estate properties that cater to different tastes and budgets. These can range from modern apartments, luxurious beachfront penthouses, stunning villas with ocean views, to quaint Canarian-style cottages. Prime properties are often situated within secured residential areas or close to the beach. You can find properties with 3-4 bedrooms, ample terraces, and multi-level homes that each have their own private entry, ample terraces and fully equipped kitchens. An exceptional choice would be a newly constructed villa in El Medano, perfectly positioned with breathtaking sea vistas, within walking distance to the beach, and boasts an ideal living environment. This coastal town, known for its exceptional weather and natural beauty, makes it a dream location for property investment.