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Location Feature - Alcala La Real, Jaen, Spain

Set against the backdrop of sparse properties here a week. Property prices
mountains and the region's distinctive range from 17,000 Euros to 300,000 Euros,
red earth, Alcala la Real offers a unique and on average, 100,000 Euros will secure
opportunity to enjoy traditional Spanish you a townhouse with four bedrooms, a
life and cultureAlcala la Real and its garden and a garage.Typical propertiesThe
surrounding villages are located in the hilltop towns have steep streets flanked
province of Jaen, a sweeping landscape of by whitewashed houses, offering a mixture
green vines that stretch as far as the of historic architecture and small
eye can see. Part of the Andalucia apartment blocks. Generally, you'll be
region, Jaen borders the provinces of looking at resale homes to renovate in
Granada, Cordoba and Ciudad Real. It has this area, with very few newly built
a blend of Moorish and Renaissance properties cropping up. Property tends to
culture, with many historical sights, fall into two distinct groups, terraced
such as the baths in Jaen city and the village houses, which boast a patio or
palaces of Baeza and Ubeda.Jaen produces roof terrace, or country properties,
ten per cent of the world's olive oil, which are sold with land. There are also
and it is said that there are over 150 a number of apartments available in
million olive trees here, scattered Alcala la Real and the nearby
around a number of whitewashed villages villages.The rentals marketAndalucia
and traditional townhouses. For those attracts Spain's largest number of
seeking striking scenery, a traditional tourists, receiving 14 per cent of the
lifestyle and bargain prices, this is the country's 50 million foreign visitors
place to be.Why buy there?Alcala la Real every year. Jaen itself isn't recognised
is the province's main property hotspot. as a popular rentals market, especially
Boasting a population of just over as it borders the region of Granada,
21,000, there are plenty of amenities, where there are a number of popular
such as schools, restaurants, bars, resorts.However, the area's rural tourism
doctors and swimming pools. The scenery market is up and coming, and Andalucia
is striking, with La Mote castle accounts for 7 per cent of this market,
overlooking the cobbled streets, and with 14,080 visitors every year, an
views stretching away over the olive increase of 7.2 per cent on 2004. Combine
groves to the Sierra Nevada. The locals this with increased flights into Granada
are extremely friendly and life here is from Liverpool, Stansted and Gatwick, and
as traditionally Spanish as it gets. with more flights planned, tourist
There's also a significant cultural numbers are guaranteed to rise.People's
presence. The El Llanillo district, which perceptions are also changing. Many no
surrounds the town hall, is noted for its longer want to be crammed onto a beach
historic buildings, such as the convent, with thousands of other Brits, especially
which dates back to 1639.Given the since Jaen offers easy access to ski
relatively isolated location of Alcala la resorts and outdoor pursuits such as
Real, which is situated 25 minutes drive walking, cycling and birdwatching.The
away from Granada, the cost of living is Sierra Nevada is only a 90 minute drive
much lower. Crime rates are low, there is away, and the low investment outlay for
a good education system with small class purchasing in the area makes setting up a
sizes and an excellent healthcare tourist based industry here a shrewd
service. The lifestyle is healthy and move. There is also a significant
generally al fresco and the province is increase in people holidaying in the
dotted with cherry groves, natural parks region of Jaen and in Alcala la Real.
and mountains.Only 90 minutes from Malaga Many are locals or city dwellers from
and 40 minutes from Granada airport, it Madrid seeking a rural holiday.Living
is possible to travel here for a long hereAgents in the area say they are
weekend in the sun. There are also a mostly selling to permanent relocators,
number of areas of interest close at the majority being couples in their 30s
hand: Granada, Alhambra Palace, the ski and retirees. However, there has been a
slopes in Sierra Nevada, Cordoba and trend for families seeking a home in
Jaen, as well as the natural parks, such Jaen, with parents seeking to bring their
as Parque Natural de Cazorla, with its children up in a safer and healthier
woodlands and lakes. Distant from the environment.As mentioned, this is
lager louts and Costa del Fish and Chips traditionally a Spanish destination, and
phenomenon, this is a peaceful and rural Jaen has Andalucia's lowest number of
region, untouched by foreign British residents, with approximatley 200
cultures.Where to buyIt's not just the times more foreign residents in the
town of Alcala la Real that offers nearby Malaga province. However, there
fantastic prices. Many agents are also has been an increasing number of British
recommending villages within a 30 buyers interested in the Alcala la Real
kilometre radius. Some of these have area.As with many places, there are
experienced price appreciation of up to downsides to living here. Many properties
60 per cent in recent months, and demand will need some work to bring them up to
has recently intensified.The town of date, which is an important consideration
Alcaudete is built on a series of if you're seeking to let your property
springs, situated on a hill around the out. There are also very few English
13th century castle. Surrounded by two speakers in the region, so it's important
natural reservoirs, the village offers you get a grip on basic Spanish and make
bargain prices, with a four bedroom an effort to integrate. It's also
townhouse going for as little as 40,000 impossible to find English products in
Euros.The village of Frailes, only ten the shops, so you need to be prepared to
minutes from Alcala la Real, is built adopt a Spanish diet and learn how to
around the church of Santa Lucia and has cook Spanish style! Of course, locals
been the site for a number of important claim that you can buy anything at the
archaeological finds. Home to only 1,800 weekly market.Some of the villages can
people, property here can cost from as also feel remote, especially during the
little as 26,000 Euros for a ruined two winter months when the weather is very
bedroom townhouse.Castillo de Locubin is cold. Finally, you're 90 minutes from the
a pretty whitewashed village, located in coast, which can be a drawback for those
the foothills of the Sierra Sur. With a who are keen on Spain's beach culture.Of
Moorish castle and 16th century church, course, there are many positives to
the village is famed for its locally living here. The region offers a
produced pottery and cherry fair. With traditional lifestyle, coupled with low
only 5,000 inhabitants, three restaurants property prices and low cost of living.
and a few bars, a one bedroom apartment There's also an excellent infrastructure
can be purchased from 90,000 Euros.Other and daily budget flights, making it
areas include Moclin in neighbouring easily accessible. It's easy to see why
Granada, famous for its castle, where a an increasing number of British buyers
country house can be purchased for are being seduced by the traditional
160,000 Euros; Puerto Lopez, where you appeal of inland Spain.Valerie and George
can buy a townhouse with two bedrooms and Whincup retired to Alcaudete from
a garden for somewhere between 100,000 Liverpool, paying 54,000 Euros for a five
Euros and 160,000 Euros; and Bobadillo, bedroom family house in June of this
where a townhouse can cost under 100,000 year. They decided to buy in Alcaudete as
Euros.The property marketThe Jaen region they had spent over a year looking to buy
offers property prices 65 per cent below on the coast of the Granada region, but
the national average, at 123,981 Euros, they had problems finding anything within
and is the only Spanish region to offer their budget, prices having inflated
consistently low prices. Compared with rapidly over the last couple of years.
much of Spain, which has experienced They're now busy getting a swimming pool
price hikes of up to 17 per cent, Jaen fitted in their spacious garden. Valerie
property prices have stayed remarkably says: "I'm totally happy with the house
stable.In relation to prices on the and the locals have been fantastic."
coast, this area sees property retailing Valerie and George are quickly adapting
at a mere 30 per cent of the average to village life and both feel very
selling price on the Northern coast and settled in the area.Jaen statistics
the Costas. Around the Alcala la Real Unemployment rate 19%
area, some villages have experienced Population 654,458
price hikes of up to 56 per cent over the Population density 48.01/km2
last eight months; in Alcala la Real the Area 13,484 km2
average has been 12 per cent.With an GDP per capital 12,892 Euros 14.2%
increasing number of budget flights into Number of foreigners 602 (registered)
Granada, this trend is set to continue as Average house price 123,981 EurosMartin
the area is discovered. Agents report Dell is Managing Director of Kyero Media
that they are selling an average of two S.L.




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