News: Spanish property market continues to surge
Written by Inmo Investments - 7 Jul 2016
Spanish property market report: Q2 July 2016
It has been a busy last few months with strong sales in all areas of the Costa Blanca. We have experienced a growing demand across all price bands with value-driven buyers looking to maximise on their investment, with an increased interest in properties which might suit use as a holiday or second home.
The sustained and continuous improvement in economic conditions in Spain, and the ongoing problems in Eastern Mediterranean European countries, continue to make Spain an attractive place for second home owners and property investors alike.
Fresh figures from
Spanish independent property valuation firm Tinsa, reveal that the average price of a home in Spain rose by 0.8% year-on-year during the second fiscal quarter of 2016, thanks in part to a rise in the number of foreign buyers acquiring property in Spain.
This is the third quarter in a row to show annual growth in Spanish property prices. But despite improving market conditions, Spanish property prices remain significantly below pre-crash levels continuing to offer great value, with the average price of a property in Spain 41% below the market high of 2007.
Global research and credit rating specialist Moody´s echo the positive outlook, reporting that they expect Spanish property prices to increase nationwide by 5.0% over the course of 2016, as a result of the continuing recovery of the Spanish real estate sector, driven by better economic conditions and the lowest mortgage rates since 2011.
And just a few days ago, Property Wire reported on the influx of non-EU buyers from Latin America and the Middle Eastern countries, keen to snap-up prime Spanish investment property nationwide, with some North European property markets traditionally favoured by big investors dogged by financial insecurity.
With Spain´s economy predicted to grow by 2.6% this year (more than Germany and the United Kingdom), and with a record-breaking year for the tourist industry in Spain already underway, we expect a sustained increase in demand for
Spanish property throughout the year.
Semi detached villa - Resale - Los Dolses
Spain - Costa Blanca South - Los Dolses169.000€
Super semi-detached villa for sale situated in a sought after community in Los Dolses close amenities such as public school, shops, gym, and many restaurants. The property offers 109m2 of living space and is distributed over 2 levels all with great sized room, including 3 large double bedrooms with fitted wardrobes, master bedroom with balcony terrace, 2 family bathrooms, very sizeable living room with separate kitchen and utility room plus conservatory for taking advantage of the winter...109 202 3 2
Commercial - Resale - Los Dolses
Spain - Costa Blanca South - Los Dolses118.000€
Well located, first floor commerical unit at popular Los Dolses. Currently serving as a successful restaurant, the unit offers 61,6m2 and an impressive 30m2 terrace for al fresco dining, and comprises fully fitted kitchen, bar and dining area , 2 WC´s (one with disabled access) and storage area. Sold part furnished including fitted kitchen and utilities, bar, awnings and sun blinds. Excellent rental potential on a busy commercial complex. Contact us today for a viewing or more information.62 0 2
Apartment - New build - Pimienta
Spain - Costa Blanca South - Los Dolses169.900€
New promotion of ultra-modern luxury apartments for sale in Los Dolses. Each home provides a 3 bedrooms and 2 bathrooms, open plan living/dining area and a contemporary fitted kitchen. All apartments offer terraces, with ground floor models boasting a private garden and top floor models offering a spacious solarium with stunning views. Located within a private residential community with manicured gardens, children's play area, wellness area with exercise equipment, underground parking,...98 23 3 2
Penthouse - Resale - Los Dolses
Spain - Costa Blanca South - Los Dolses
Well located and well presented top floor apartment for sale in the heart of Los Dolses on the Orihuela Costa . The property offers 2 double bedrooms with fitted wardrobes, full bahrtoom, lounge/dining room wth fireplace and fully fitted open plan kitchen. Outside space offers sun terrace for al fresco dining and impressive solarium with views over the gardens and partial sea views in the distance. The property is well maintained and sold part furnished with many extras plus garage and...2 1
Commercial - Resale - Los Dolses
Spain - Costa Blanca South - Los Dolses65.000€
For sale commercial unit , offering an end positon and situated on the first floor of the popular Los Dolses Commercial Centre. A popular location for full time residents and holiday makers alike. The property served originally as a restaurant and is equipped with fully fitted kitchen, storage area, serving area and bar, both seating inside and on the ample outside dining terrace. 2 WC´s. Sold as seen with full fixtures and fittings and ready to trade. Popular area with ample scope for...0 2
Town house - Resale - Los Dolses
Spain - Costa Blanca South - Los Dolses165.000€
A rare opportunity to own a traditional town house at Los Dolses , a highly sought after area of the Orihuela Costa . The impressive family home offers a sunny South facing aspect and is sold in great condition. Offering over 2 levels a living space of 90m² and comprising on the ground floor, 2 bedrooms with fitted wardrobes, spacious lounge/dining area and open plan kitchen with breakfast bar. The second floor with further living space comprising third bedroom, bathroom and storage room...90 3 2
Town house - New build - Los Dolses
Spain - Costa Blanca South - Los Dolses250.000€
Simply stunning promotion of new build triplex Towns houses villas for sale in Los Dolses with 3 bedrooms and 2 bathrooms built to an exceptionally high standard. A light and airy open plan living/dining area connects to a fully equipped kitchen and all finished to a stylish, modern design. Outside space boasts a porch terrace area of 12 m², a 19 m² garden and upstairs a 37 m² solarium, perfect for all year round sun. Situated in a private complex with a large communal swimming pool....97 3 2
Town house - Resale - Pimienta
Spain - Costa Blanca South - Los Dolses150.000€
This townhouse is located in La Pimienta , adjacent to Playa Flamenca and Villamartin. The property was built in 2010 and offers a modern high quality build. Well maintained and offered in excellent condition throughout, the townhouse features a spacious living room, an independent galley style kitchen, utility/laundry space, 3 bedrooms with built in wardrobes, and 2 modern bathrooms. An internal staircase leads to an impressive rooftop solarium with panoramic views, and a low maintanence...97 83 3 2