Why invest in Huelva

Why invest in Huelva?

Bordered by Portugal and washed by the Atlantic Ocean, Huelva is the Andalusian province where the number of mortgage signings rose the most in 2019, a 94% increase on the previous year according to the digital newspaper Huelva Información. In fact, it is the area of Andalusia where the largest number of mortgages were registered in 2020. And this is no coincidence: although Huelva is the cheapest city in Andalusia for renting, many people prefer to buy because of the very competitive prices in this small Andalusian city. Its property market is not only increasingly dynamic but also extremely attractive given the prices in the region. If you are tempted to take the plunge yourself, you are in the right place. In this article you will find information on the best neighbourhoods to live in Huelva depending on your needs, and the good reasons to invest in property in this charming small Andalusian city!

Among the cheapest cities in Andalusia

According to a recent study by Sociedad de Tasación, Huelva is one of the Andalusian municipalities with the most affordable property prices: only 1,357 euros per square metre on average. That is half the overall Andalusian average of around 2,600 euros per square metre. Buying a house in Huelva is therefore almost half as expensive as in other cities of the Andalusian region, which makes it one of the most affordable cities on the Spanish coast.

Huelva, stronger than Covid

Beyond this comparison, it is also worth noting that house prices in Huelva have so far withstood the health and economic crisis caused by Covid-19, proof that the city's appeal has remained intact. While in 2020 property values fell slightly overall across Spain, as we explained in our latest special report, prices in this small Andalusian city rose by 0.8% over the year. The market did not collapse in Huelva as some property portals had predicted, and this trend clearly shows that the city is growing.

An attractive and promising market

As you will have gathered, buying property in Huelva could prove a particularly wise investment in a few years: prices are low while Andalusia is very popular, so the capital you invest today will probably gain a lot of value in the future! The Costa del Sol is indeed a place to favour for strong rental returns all year round, thanks to its strong appeal to tourists. In short, the small city of Huelva offers particularly affordable properties in a much sought-after region where some cities have seen prices soar in recent years.

Neighbourhoods to invest in

Here is a selection of the neighbourhoods that attract the most investors:

La Isla Chica

This is currently the most populous neighbourhood in Huelva. Unsurprisingly, it has a density of 410.5 inhabitants per hectare. It is crossed by Avenida de Federico Molina Orta, a main road connected to the centre. The avenue is full of shops, close to the centre and has a very lively neighbourhood life.

Avenida de Andalucía

The Avenida de Andalucía area is one of the parts of town starting to attract the most investors, thanks to its excellent location and its many shops. This road is also becoming one of the most important in the city, as it connects directly with Huelva's historic centre. On top of that, the area is well developed and has schools, including the IES Fuentepiña, as well as the El Carmen university campus. For this reason, it is an excellent choice for buy-to-let investment.

Barrio La Florida-Vistalegre

A residential neighbourhood that lacks nothing: shops, supermarkets, schools, pharmacies, bars, public transport and more. It is also very close to Avenida de Andalucía, and new construction is booming there. Its strong property appeal is undeniable.

Barrio de la Reina Victoria (also called Barrio Obrero)

This impressive neighbourhood is made up of English-style houses. The Riotinto Company Limited built it at the time to house the workers from its mines. Today it is worth a visit for its undeniable charm, and living in this beautiful neighbourhood or nearby is increasingly sought after.

Barrio Pérez Cubillas

In 2018, the Andalusian Parliament declared this neighbourhood an area in strong need of transformation. As a result, it is set to become a very attractive part of Huelva. For now, it is true that it is not one of the most sought-after neighbourhoods. But a word of advice: keep an eye on it!

What about moving to Huelva?

A pleasant setting

Besides its very rich culture, Andalusia has an ideal climate all year round, with annual averages of around 20 degrees. Located between two rivers and close to the sea, Huelva feels a little like an island and offers surprising natural landscapes as well as a Mediterranean setting. Finally, Huelva has a long history, which gives it character and charm, as its many monuments and remains show.

Spacious properties

With the Covid-19 health crisis and the many lockdowns, buyers have been increasingly looking for spacious properties with outdoor space, which became essential to make confinement more bearable. The low price per square metre in Huelva is clearly an argument in favour of buying houses or apartments with plenty of space. To convince you, here are some photos of properties recently bought in Huelva.

To conclude, Huelva is an Andalusian city that stands out for property, and more and more buyers and investors are looking for a home there. The neighbourhoods above are all excellent options for taking the plunge and starting a new life or an investment project in the beautiful region of Andalusia. To buy a house or an apartment in Spain: contact us!