Spanish Sales Continue to Strengthen
There has never been a better time to buy a property in Spain. Recent research from international property portfolio Kyero, has highlighted that property sales in Spain are continuously improving year-on-year, and they’re not showing any signs of slowing down.
It’s great to see that Kyero are reporting trends which we’re seeing ourselves here at Sequre, as their reports demonstrate that both Alicante and Malaga are in the top 5 performing provinces across the country.
Comparing year-on-year figures, in Q1 of this year Alicante saw a 14% increase in property sales compared to 2017, with Malaga close behind with a 12% increase. Further research from the Spanish Land Registrar Association showed that at the beginning of the year, property prices increased by an attractive 9.39% across the first quarter. With a promising outcome already, it can only be expected that 2018 will continue to see the Spanish property market thrive.
COMMENTS FROM SEQURE INTERNATIONAL
Managing Director of Sequre International, Graham Davidson, comments on the prosperity of the Spanish property market:
“Buyers seem more determined than ever to secure their dream home in Spain. We’re receiving a phenomenal number of requests for viewing trips and appointments, and our teams across Costa Blanca and the Costa del Sol are incredibly busy.”
“Compared to last year, our sales are up by 31% and the value of property sold has increased by 38%*. The quality and aesthetic of the properties in Spain are far more sophisticated than buyers perhaps realise. We’ve had clients looking for traditional Spanish-style homes who have walked away reserving ultra-modern villas with all the mod-cons. Times have really changed and considering how much property you can get for your money, it’s not difficult to see why sales figures are up.”
If you’re looking for a new home in the sun, contact Sequre International today. Our multi-lingual team have an unrivalled knowledge of Spain and are well placed to help you find your dream property. For more information, call us on 0800 011 2639.
*Figures based on time frame of January 2018 – June 2018.