El Campello seems to be struggling against economic change and the fall in the property market, although there are signs of difficulties. Many apartment blocks in Campello seem to have come to a standstill, banks no longer lending money for potential mortgages, not even for people who want to cash in on their liquid capital for home improvements.
Without a doubt, it is a good time to renovate flats in Campello as well, since labor costs become much more competitive due to the lack of work in the construction sector. But as I was saying here in Campello, the works continue and new projects are approved. I would say that prices for apartments in Campello look very attractive and there are some really good property investments up for grabs for apartments in El Campello.
However, the second hand property market has taken a bit of a hit recently and several well known estate agents in El Campello have closed and the rest are struggling as most locals tend to look for a private sale. All you need is a competent financial advisor to take care of all the paperwork and you can save big on real estate agent fees.
Most of the apartment blocks in Campello are 6 stories high, but only a few remain without a lift. Campello apartments usually come with 2 or 3 bedrooms, some of the older ones with 4 bedrooms and some more modern ones with 1 bedroom.
The best thing about living in a flat in Campello is that you don’t need a car. Everything is very practical and the tram can take you to Alicante or Benidorm. If you couldn’t live without a car, there is now plenty of space to park in Campello, as a large underground public car park has recently opened.
