These Are The Best Cities For Owning Vacation Homes
These Are The Best Cities For Owning Vacation Homes

Looking for the perfect spot to buy a vacation home? A new study has ranked cities based on various factors such as property prices, quality of life, rental potential, and more to help you make the best choice.
From Malaga’s sunny beaches to the bustling city life of San Diego, we explore the top cities worldwide where owning a vacation home could be a smart investment. Read on to find out which locations offer the best overall value and why they might be your next property destination.
Malaga
Malaga earns the top spot on our list with a commendable score of 74.83. This Spanish city is not just a tourist favorite; it’s a prime spot for vacation homeowners. With property prices averaging at $3,202.34 per mยฒ and a robust influx of 14 million visitors annually, the financial viability of investing here is clear.
The city’s high quality of life score and top-notch climate conditions add to its allure, making it more than just a holiday spot. Whether you plan to rent out your property or keep it for personal use, Malaga’s low pollution and high safety scores ensure it’s a place where you would want to spend much of your time.
Valencia
Valencia comes in second with a score of 69.63, appealing particularly to those looking for a blend of affordability and high living standards. With the second-lowest average property price on our list and a top-quality life score, Valencia represents a balanced investment.
The city’s lower pollution levels compared to Malaga make it an attractive option for those prioritizing environmental quality alongside economic factors. Valenciaโs thriving cultural scene and beautiful architecture are icing on the cake, providing both aesthetic pleasure and high rental yield prospects.
Dubrovnik
Dubrovnik secures the third place with its score of 68.03. Known for its historical significance and stunning coastal views, Dubrovnik is not only a tourist hotspot but also a wise choice for property investors.
The city’s strong safety and low pollution indices make it a safe and pleasant place for vacationers and homeowners alike. Although the property prices are higher compared to Malaga and Valencia, the potential rental incomes in Dubrovnik’s dynamic market could make up for the initial investment.
Porto
Porto, with a score of 67.46, is fourth on our list. This Portuguese city draws 3.1 million visitors each year, which supports a strong rental market. Porto’s relatively low unemployment rate boosts its economic stability, enhancing its attractiveness as a vacation home destination.
The city’s rich cultural heritage, combined with favorable rental incomes and a welcoming community, makes it a compelling choice for investors looking for a blend of tradition and profit.
Gold Coast
Ranking fifth, Gold Coast in Australia is notable for its high rental income potential and quality of life. The city’s climate is among the best globally, and with 12 million visitors annually, the demand for short-term rentals is consistently strong.
The Gold Coast is also appealing due to its low unemployment rate, suggesting economic health that supports property investment. Whether for personal enjoyment or rental purposes, buying a vacation home here could be a lucrative move.
Alicante
Alicante is sixth, distinguished by having the lowest average property price on our list. This Spanish city is not just affordable but also scores low on pollution, making it an appealing environment for visitors and residents alike.
With a decent quality of life and 4 million annual visitors, Alicante presents a strong case for being an excellent vacation home market with significant rental and lifestyle benefits.
Algarve
Seventh place goes to Algarve, which offers a blend of beautiful beaches and a robust tourist infrastructure. The property prices here are reasonable considering the region’s popularity among vacationers. Algarve’s safety and climate indices are strong, enhancing its profile as a secure and enjoyable place for investment.
Lisbon
Lisbon, the capital of Portugal, stands at eighth place. With nearly 6 million visitors annually and higher rental incomes, Lisbon’s property market is vibrant and promising. The city’s high climate index further ensures that it remains a favored destination throughout the year, promising a steady stream of rental income.
San Diego
San Diego, at ninth, might have the highest property prices, but its tourist numbers and rental potential are unmatched. With an annual visitor count of nearly 32 million, the rental market here is extremely active, offering substantial income potential to property owners.
Split
Finally, Split in Croatia rounds out our list. While its property prices are above average, the city attracts a significant number of tourists. Split’s rich history and cultural offerings make it a unique destination, balancing investment with cultural enrichment.
These cities not only offer beautiful locales but also provide practical financial benefits, making them top choices for purchasing vacation homes.
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We are Mary and Eric, the founders of Be Right Back, a blog dedicated to romance around the globe and at home.
We are Mary and Eric, the founders of Be Right Back, a blog dedicated to romance around the globe and at home. With over 10 years of experience in dating and traveling to romantic places, we share our favorite date ideas and romantic destinations to help couples level up their relationships. Having lived in and traveled through the USA, we also share our favourite things to do in the States.
With 70,000 monthly readers and 16,000 followers on social media, Be Right Back is your go-to resource for romantic trip ideas and couple activities at home and abroad.