News: Alicante Province records increase in property sales
Written by Inmo Investments - 2 Oct 2017
Alicante Province records 12.5%
increase in property sales
2017 Q2 Spanish property market report
Figures released late last week by the Spanish Government reveal a 12.5% increase in the number of properties being sold in the Alicante Province in Spain.
The latest data for the second financial quarter of 2017 issued by the Ministry of Public Works (Ministerio de Fomento), show a total of 141,582 properties were purchased throughout Spain.
The Alicante Province saw a total of 10,905 properties snapped up by buyers, a figure bettered only by Barcelona with 16,733 property sales, and the national capital city Madrid which registered 20,453 sales for the same period.
The latest data illustrates a 12.5% increase in the total number of registered property transactions throughout the Alicante Province over the same period one year ago in 2016, when 9,688 property sales were recorded.
Total property sales for the province exceeded more than €2.5 billion for the second quarter, with an average property purchase price of €233,588.
Locally, Torrevieja recorded 1,374 registered sales during the second quarter, and Orihuela saw sales increase to 1,093 for the same period.
Across the Costa Blanca, the provincial capital Alicante city recorded a total of 1,496 sales, with both Alicante and Torrevieja cities recording more than double the number of sales in Benidorm, which registered just 500 property transactions during the second quarter.
Nationwide, only Spain´s central Extremadura community, and the northern provinces of Navarre and the Basque Country, recorded a fall in the total number of property sales.
Real estate in Spain: continued stability and growth
Earlier this year in April, first quarter data released by Tinsa, Spain's leading property valuation firm, concluded that the average price of residential housing in the Province of Alicante had risen by 11.7% over the same period in 2016.
With continued stability and sustained growth in the Costa Blanca property market, investing in real estate in Spain 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, or click here to download our latest property magazine.
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.
Villa - New build - Bigastro
Spain - Costa Blanca South - Bigastro219.500€
Modern style villa of recent construction located in Bigastro, Alicante. The villa is distributed over 2 floors and consists of 3 bedrooms, 3 bathrooms, partly equipped American kitchen and plot of 268m2. Outside there is a private pool of 7 x 2.5. The basement is optional.Bigastro is a town of Comunidad Valenciana. Located in the south of Alicante. It is perfectly connected to cities such as Alicante, Murcia and Orihuela, as well as coastal cities such as Torrevieja, Guardamar del Segura...143 268 3 3
Villa - New build - Manacor
Spain - Mallorca - Cala Murada390.000€
A select development of detached luxury villas for sale in Manacor, Mallorca . Each brand new contemporary villa is built in a selection of 2 models by a reputable developer using only the best quality materials, offering 3 spacious bedrooms, an ultra-modern open plan kitchen, and a spacious, bright and airy living room with full-height picture windows. Each villa comes complete with luxury creature comforts such as pre-installed air conditioning and underfloor heating in the bathrooms,...133 232 3 2
Town house - Resale - Lo Crispin
Spain - Costa Blanca South - Algorfa
Large townhouse located in Lo Crispin, Algorfa, just a 5 minute drive from the arches of Ciudad Quesada.The property is situated in very secure gated community with a lovely communal feature garden and pool area. The property itself has a garden area to the front with off road parking, a covered terrace, a patio/courtyard area at the back and a solarium with lovely views of the mountains.The house itself is divided into two completely separate accomodations. On the main floor there is a...160 193 5 3
Apartment - Resale - Beachside
Spain - Costa Blanca South - Cabo Roig159.950€
Traditional Spanish style, ground floor apartment for sale , located close to the Blue Flag Cabo Roig beach at Bellavista I. This ground floor apartment consists of a glazed porch area leading to lounge with working fire-place and air conditioning, a fitted kitchen, two bedrooms ( main bedroom with A/C) and bathroom . Sold fully furnished, very well presented and key ready. Outside space offers large terrace for al fresco dining and sunbathing. Set on a pretty complex with gardens,...60 45 2 1
Finca - Resale - Bigastro
Spain - Costa Blanca South - Bigastro280.000€
A beautiful traditional Spanish finca for sale in Bigastro with a 30,000m² plot (in excess of 7 full acres). The extensive property offers 3 bedrooms, 2 bathrooms, a living room with fully functional feature fireplace, and an independent kitchen diner. A garage and converted underbuild offer additional accommodation and storage space. The extensive 7.4 acre plot is surrounded on all sides by private Mediterranean countryside offering an exceptionally high level of privacy and seclusion....160 25.200 3 2
Apartment - Resale - Las Colinas
Spain - Costa Blanca South - Las Colinas189.000€
Beautiful south-facing ground floor apartment with beautiful views in the Encina Community of Las Colinas Golf & Country Club. Beautiful apartment in the prestigious complex of Las Colinas Golf & Country Club, Orihuela Costa, 95 sqm, very sunny. It consists of 2 bedrooms, 2 bathrooms, living room, kitchen, large 14 sqm terrace overlooking the pool; storage room, parking space, air conditioning, fully furnished and equipped. It is close to all services and a few meters from the golf...95 2 2
Villa - Resale - Torre de La Horadada
Spain - Costa Blanca South - Pilar de la Horadada485.000€
Simply stunning detached modern villa for sale just 100m from the nearest white sandy beach in Torre de la Horadada . Fully renovated to an exceptional standard of quality in 2013, the impeccable accommodation is set across a single floor suited equally to persons of limited mobility. The impressive living room boasts a modern feature fireplace, double aspect windows for a light and spacious feel, and sliding patio doors to the garden. The island kitchen is exceptionally generous,...200 380 4 2
Apartment - Resale - Torrevieja
Spain - Costa Blanca South - Torrevieja52.000€
Apartment for sale at Calas Blancas in Torrevieja . The ground floor property offers 45m2 of living space and comprises large double bedroom with fitted wardrobes, full family bathroom, ample lounge/dining room with 3m2 glazed terrace and open plan fully fitted kitchen. The property is sold fully furnished and key ready and offers a bargain holiday getaway. Set in the Calas Blancas area of Torrevieja, 1.5km to the local beaches and with all amenities close by. Contact Inmo Investments...45 1 1