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Real estate in Morayra
The Canary Islands, located off the northwest coast of mainland Africa, have long been a focal point for property investors and individuals looking for a dream home abroad. Morayra, a striking town located in the northeastern part of Tenerife, is becoming increasingly popular, thanks to its golden beaches, stunning landscapes, and the unique charm of its architecture. Once an old fishing village, Morayra now presents a delightful blend of quaint houses and modern villas, set against the backdrop of the Atlantic Ocean. Before jumping into the property market, it's important to get a feel for what Morayra has to offer. Take time to explore the current property listings, understand the market trends, and assess the value for money in this incredible location. Known for its pleasant year-round climate, enchanting landscapes, and traditional white houses, similar to Mijas's ‘Pueblo Blanco’ or White Village, Morayra offers a unique real estate opportunity on the Canary Islands. Whether you're in the market for a vacation home or looking to make a long-term property investment, Morayra promises a mix of charm and practicality that's hard to resist.
Morayra properties: Market trends overview
The property market in Morayra, part of the idyllic Canary Islands, has demonstrated a reliable pattern of value increase, rendering it an appealing proposition for offshore investors predominantly from the UK, Scandinavia, Germany, and the United States. With its superior coastal position, Morayra seamlessly marries the tranquility of island living with the energy of a bustling vacation hub, boasting numerous leisure centers, golf courses, and a convenient proximity to the lively city of Santa Cruz de Tenerife. Morayra, famous for its vibrant surroundings and rich cultural history, provides a supreme quality of life. Over the recent years, local authorities have devoted increased resources towards the growth of Morayra, offering an assorted range of real estate options for both domestic and overseas buyers. These include sleek and practical townhouses, apartments, modern-style villas, traditional Canary Island style homes, and penthouses. The process of locating and securing property for sale in Morayra, Spain, that suits varying budgets and lifestyle needs is straightforward, solidifying this sun-kissed paradise as one of the top destinations for international buyers.
Average price of a property for sale in Morayra
What is the typical price one might pay for a property in Morayra? Much like in any property market, there isn't a clear-cut answer due to numerous variables. These could include factors such as the type of property, its location relative to historical sites and beaches, available amenities, as well as the property's individual features such as luxury elements, size, and accessibility. Recent data reveals that the peak asking price for properties for sale in Morayra reached €2,834 per square meter. The most costly properties can be found in the Morayra Town-West Shore region. The most economical areas, with an average price per square meter of €2,053, falls within the Playa de la Ampolla-East Coast vicinity. Currently, the median asking price for a residence in Morayra sits around €609,693.
Types of properties can you find in Morayra
Moraira, Spain, in the Canary Islands, boasts a vast array of properties that cater to diverse tastes and preferences. Prospective homeowners can choose from modern apartments, luxury penthouses, extravagant villas with ocean views, and quaint Spanish bungalows. The most sought-after properties are situated within secure residential enclaves. There are 3-4 bedroom apartments complete with expansive terraces and two-story houses available. Each level of these houses boasts its private entrance, spacious terrace, and fully-equipped kitchen. For those seeking a dash of opulence, newly constructed villas situated in prime locations in Moraira, Spain offer breathtaking views of the sea. These properties are within easy walking distance to the beach, making them an idyllic place to settle down.