Estate Agents Orihuela Costa
The price of the house increases as well as the property purchases in Spain
The value of housing is up 7.7% at the start of the year in year-on-year rate and 4.4% compared to the last leg of last year 2016.
Housing is becoming more and more expensive. The price of houses rose to 7.7% during the first quarter of 2017 year-on-year, according to the real estate statistics of the Association of Property Registrars. In relation to the last tranche of 2016 - in quarter-on-quarter rate -, the increase stood at 4.1%. With these new appreciations, the adjustment accumulated since the highs of 2007 continues to fall and stands at 22.8%.
On the other hand, between January and March, 113,738 housing sales were registered, assuming the highest quarterly result since the first tranche of 2011. Compared to the previous quarter, the increase was 21.8%. In interannual data, the positive trend continues: in relation to the same quarter of 2016 there has been an increase of 14.4%.
The purchase of new housing is beginning to notice
New housing on this occasion, contrary to the trend of recent years, has accompanied general growth, accounting for 18% of the total registered, with a significant quarter-on-quarter growth of 27.5%, when 20,490 sales were registered, while resale properties increased 20.6% over the previous quarter, reaching 93,248 operations.
The foreign buyer, more active than ever despite Brexit
The weight of home purchase by foreign demand remained fairly stable in the first quarter in relative terms, presenting a rate of 13.1% of total purchases and sales. This has resulted in figures around 15,000 quarterly sales. Cumulative year-on-year terms reached 13.3% of purchases by foreigners, at record highs, resulting in more than 55,000 annual home purchases made by outsiders.
By nationality, the British continue to lead the ranking with 14.5% of purchases made, although their continued decline in recent quarters (in the previous quarter represented 16.4% of foreign operations) leads them to their lowest share Historical over total foreign sales. The French rise to second place with 9.6%, followed by Germans with 7.7%, with 6.9%, Swedes with 6.3%, and Italians with 6.1%. These six first nationalities account for more than half of the total purchases of housing by foreigners.
Estate Agents Orihuela Costa
If you are looking for estate agents Orihuela Costa, we will advise you on how to settle in a place that combines the best of the Mediterranean coast, natural wealth and a deep historical legacy.
Located in the province of Alicante, in the Valencian Community, this Mediterranean gem offers much more than just golden sandy beaches and crystal-clear waters. Here, nature and history intertwine to create a unique environment, perfect for those who wish to enjoy a relaxed lifestyle yet full of possibilities.
Orihuela Costa is known for its stunning beaches, such as Playa Flamenca , Cabo Roig or La Zenia , where the sun shines more than 300 days a year. However, what really sets this area apart is its natural wealth .
Just a few kilometres from the coast lies the Sierra Helada Natural Park , a protected area that offers hiking trails, spectacular panoramic views of the coast and the opportunity to connect with nature. Whether you enjoy hiking, cycling or simply enjoying a picnic overlooking the sea, this park is a haven for outdoor lovers.
In addition, the area has other natural spaces such as the Lagunas de La Mata and Torrevieja , a natural park where you can observe migratory birds and enjoy unique landscapes. For this reason, Orihuela Costa is, without a doubt, a place where nature and the sea come together to offer an unforgettable experience.
Estate agents Orihuela Costa: Our advisors help you manage the legal requirements in Spain
If you are looking for estate agents Orihuela Costa, at Vincent Real Estate we offer you fabulous housing options to invest in Spain.
Buying a property in Spain involves meeting certain legal and administrative requirements, such as obtaining a NIE (Foreigner Identification Number), managing deeds and understanding tax implications .
In this sense, our agents not only help you find the ideal property , but also accompany you in every step of the process, ensuring that you understand every detail and make informed decisions.
Additionally, we can connect you with real estate attorneys, local banks, and moving services, ensuring that the entire process is smooth and hassle-free. Our goal is to make you feel secure and supported at every stage of your investment.
Whether you want modern villas with private pools or spacious apartments with panoramic views , our properties are carefully selected to suit a wide variety of tastes and budgets. Whether you are an investor, a retiree or a family looking for a permanent home, our agents will guide you to the best options available.
Estate agents Orihuela Costa: Vincent Real Estate is the perfect choice for a simple, fast and successful home buying process
At Vincent Real Estate, as estate agents Orihuela Costa, we understand that every business is unique, which is why we offer a personalized service to help you identify the property that best suits your objectives.
Our team will be with you every step of the way , from initial search to final signing, ensuring you make the best decision possible.
Contact us now:
Offices in Benijofar
- Phones: +34 966 712 440 | +44 208 0998997
- Address: C/ Av. Federico García Lorca, 37, 03178 Benijófar, Alicante
Offices in Orihuela Costa
- Phones: +34 965 326 606 | +44 (0)203 0048990
- Visit the physical offices at the address: C/ Niagara Ed. Miraflores III, Local 6,7 Playa Flamenca 03189, Orihuela Costa
Email : info@vincent-realestates.com
