A rock-solid property investment?

The latest property trend to come out of Spain may seem more Bedrock than Benidorm. But if the advertising spiel is to be believed, caves could be the next big thing in property.

The latest property trend to come out of Spain may seem more Bedrock than Benidorm. But if the advertising spiel is to be believed, caves could be the next big thing in property. "It is amazing what you can do with a cave these days," says Zoe Dare Hall in The Mail on Sunday. They can be two or three stories high, have swimming pools and with big extensions on the front, some rooms can even enjoy a little daylight. In the Andalucian town of Galera, 40% of the 2,000 locals live in caves, along with 150 Britons. But why?

Like so many things, it comes down to money. A two-bedroom cave costs from £75,000. Thanks to their unique design, running costs are low too. "Summers here are baking and winter temperatures can drop to minus eight, so the costs of keeping ordinary houses hot and cool enough are high. A cave retains a constant temperature of 18 degrees," says Les Edwards, who runs Spanish Inland Properties, in The Mail on Sunday. And "caves are one of the most eco­friendly types of housing, requiring minimal building or materials", says Hall.

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