News: Spain records sharp rise in residential property sales
Written by Inmo Investments - 17 Apr 2017
Residential property prices rise by
11.7% in Alicante Province
2017 Q1 Spanish property market report
The latest data released by Tinsa, Spain's leading property valuation firm, concludes that the average price of residential housing nationwide in Spain showed an annual 1.8% increase in value for the first quarter of 2017 compared to the same period last year.
Regionally however the figures tell a different story, and locally the Province of Alicante registered prices 11.7% higher than the first quarter of 2016. Only Barcelona marked a higher increase in value at an annual 12.1% increase in property prices.
Property Investor Today also report that Spain is experiencing a sharp rise in residential property sales, and the most recent data from the Association of Spanish Notaries highlight that in January the number of properties sold increased by 16.8% compared to the same period last year.
Meanwhile, reported annual house price growth in the UK appears to continue an upward trend. Behind the headlines however, the UK property market is beginning a downturn.
Property experts Zoopla reported earlier this month that whilst property prices were higher now than last year, the first quarter of 2017 saw the real value of property slide for the first time in nearly two years, losing some £29 billion nationwide in just three months.
Wales was the only nation to buck the trend with a nominal 0.4 per cent rise, while England saw the worst performance.
With the continued robust stability in the Spanish property market particularly across the Costa Blanca, and an uncertain outlook for UK bricks and mortar, investing in property in Spain during 2017 looks to be a better choice than ever before.
Start your search for your perfect
investment property and holiday home now, click here to browse through our portfolio of high quality property for sale in Spain.
Please note: Inmo Investments is a registered Real Estate agency in Spain. We are not legally qualified solicitors, nor are we qualified to provide legal or financial advice, and this editorial publication is provided for information only based on existing publicly available information. We have taken every reasonable precaution to ensure the accuracy of the information, and the authority of the sources of information at the date of publication.
Penthouse - Resale - Torrevieja Centre
Spain - Costa Blanca South - Torrevieja
Well located top floor apartment for sale, centrally located in the heart of Torrevieja. The apartment comprises 2 double bedrooms, master with fitted wardrobes, full bathroom, spacious lounge/dining room and semi independent fully fitted kitchen. Outside space offers balcony terrace overlooking the pool and community gardens. Wheelchair adapted and sold fully furnished with extras including white goods and air conditioning. Set on a closed community with lift access, communal gardens,...52 2 1
Town house - Resale - La Florida
Spain - Costa Blanca South - La Florida
Well located corner position, end town house for sale in the heart of La Florida. The property offers a sunny South facing aspect overlooking the communal pool and comprises 2 bedrooms, master bedroom with Juliette balcony ,bathrooms, WC, independent living room, open plan kitchen/dining room and an extension in the back garden currently being used as a 3rd bedroom/storage. Outside space offers low maintenance garden and sun terrace and large roof solarium with distant sea views and...2 2
Town house - Resale - La Mata
Spain - Costa Blanca South - Torrevieja175.000€
Charming townhouse in La Mata - Torrevieja is located at only 200m from La Mata beach. The house is sold fully furnished and has a cozy living room with separate kitchen and guest bathroom on the ground floor, and 2 spacious bedrooms & bathroom on the first floor. This property comes with about 54m2 of terraces on each floor, nearly all with views to the Mediterranean Sea and on the roof terrace there is a phenomenal sea & beach view that reaches all the way to Santa Pola. Situated...66 2 2
Villa - New build - Doña Pepa
Spain - Costa Blanca South - Ciudad Quesada1.055.000€
Luxury villa in Doña Pepa, Ciudad Quesada. This property is composed of 5 bedrooms, 5 bathrooms, kitchenette, large living room, large terraces, basement, large private garden, private pool and parking. The house is built with modern style and fine finishes which you will be able to appreciate in every detail. Ciudad Quesada is an exclusive residential, consisting mainly of individual villas, along with Doña Pepa, Lo Pepín and Pueblo Bravo. Here we will find restaurants of the highest...476 592 5 5
Penthouse - Resale - Las Filipinas
Spain - Costa Blanca South - Villamartin74.995€
Penthouse apartment for sale at Las Filipinas, Villamartin . The spacious property offers 75m² of living space, with 8m² east facing balcony terrace and impressive 30m² rooftop solarium with pool views. The property comprises 2 double bedrooms, full bathroom, open plan lounge/dining room, kitchen, storage and balcony sun terrace. Complex offers communal pool and grounds for residents. Sold as seen, part furnished and in need of some reform (new kitchen) which is reflected in the price....75 30 2 1
Villa - Resale - Altea Hills
Spain - Costa Blanca North - Altea995.000€
Oustanding l uxury home in Altea Hills. The fantastic property for sale offers 349m2 of living space and was completely renovated in 2017 . The main living area consists of a spacious lounge, dining room, kitchen, porch, two bedrooms and two bathrooms. From the living room, the dining room, the kitchen and the porch you can enjoy the fantastic sea views. On the ground floor, there are two independent apartments, both with living room and open kitchen, a large bedroom and a bathroom. The...349 1.524 4 4
Villa - Resale - La Zenia
Spain - Costa Blanca South - La Zenia
Well located link-detached villa for sale situated in La Zenia and also close to the Cabo Roig strip and beach. The bungalow style villa offers over 1 single level, 2 sizeable bedrooms with fitted wardobes, bathroom with modrn walk in shower, living/dining room with separate fully fitted kitchen . The property offers a sizeable private garden with enough space for a small private swimming pool to front and off street parking. Stairs to the solarium fron the front door offers the...75 170 2 1
Villa - New build - Sa Ràpita
Spain - Mallorca - Campos481.000€
A new promotion of stunning detached villas for sale in a contemporary minimalist style, offering space and light for modern living. Designed to offer spacious bright rooms, with full height windows maximising space and comfort. Each villa has 3 double bedrooms, 3 bathrooms, an ultra-modern fitted open plan kitchen with utility room, and an impressive living and dining room with patio doors to the terraces. A generous plot size allows for plenty of outside space, with garden,...140 571 3 3