PropHero’s market report covering 13 municipalities in the Castelló area and the Plana Baixa Sur (over 407,000 inhabitants) positions the province as one of the best-performing real estate markets in Spain in terms of yield and liquidity. The analysis includes towns such as Almassora, Vila-real, Onda, Nules, Burriana and Vall d’Uixó.
The article notes that the investor profile in the area is evolving: from small buyers looking to renovate and rent, towards specialised operators developing residential product where they detect supply scarcity and strong absorption capacity. PropHero embodies this new profile with its choice of Almassora for its new-build development.
“As large cities price out investors, capital is moving towards mid-sized cities where there is still room for growth.”