Property for Sale in Costa Blanca South

Property for Sale in Costa Blanca South

The Spanish real estate market is consolidating and will continue to grow at least until 2020

The demand will continue in a clear upward trend, prices project generalized increases, and new housing will be strengthened again.

The Spanish real estate market consolidates its recovery and it is expected, as long as the expectations of economic growth are maintained, that the progress of real estate activity will continue to grow until the end of the decade.

Since all the indicators of the demand for housing are positive, it grows 13% year-on-year, expectations on the potential of demand indicate that the trend will continue to increase in the medium term.

In 2017 the building will be strengthened and the supply stock will be reduced, even though a large part of it, 40%, is "delocalized in demand". Forecasts predict that demand will not be met in the next decade, although tourism and metropolitan areas, with 17% and 43% respectively, will be exhausted in less than four years.

Housing in large cities and coastal areas is gaining value.

As for the prices, they grow for the second consecutive year for the national aggregate, although not of generalized form. In the middle of the provinces prices continue to adjust downward, with large differences between regions.

They are in the main areas of tourist and metropolitan coast where prices are growing strongly and where most of the country's transactions are concentrated. Expectations in the medium term project generalized price increases in almost the entire territory by the end of 2019: 3.5% this year, 4.4% in 2018 and 4.6% in 2019.