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 - Resale - Rioja
Spain - Costa Blanca South - Villamartin475.000€
Super sunny and well maintained detached villa for sale situated in the Rioja area of Villamartin .The 120m2 living space is distributed over two floors, with the ground floor composed of a beautiful large living-dining area with access to the outdoor terrace, a very practical semi-open kitchen, a spacious bedroom with adjoining bathroom and a separate guest toilet.The internal staircase connects the lower level with the upper level, where two further bedrooms, another bathroom and an...120 500 3 2
Villa - Resale - La Florida
Spain - Costa Blanca South - La Florida169.995€
We are pleased to present this fantastic 2 bedroom 1 bathroom detached villa for sale in a quiet area of La Florida . This property has had a lot of improvement, natural gas and fibre optics have been installed, the front garden has been raised to the same level as the house with a lot of storage underneath. A storage shed has been built onto the side of the house and another storage cupboard with utility room next to it. We then have the roof solarium with conservatory and retractable...2 1
Villa - New build - Finestrat
Spain - Costa Blanca North - Finestrat375.000€
Luxury new build detached villas with private swimming pools in Finestrat. Each property offers 3 bedrooms, 2 bathrooms. spacious lounge/dining room, modern open plan kitchen. Properties offer from 91.5 m² of build size dependent on model and plots of 452 m² which boast a private saltwater swimming pool, solarium, garden and onsite parking. Built to an exceptional standard with extras including white goods, underfloor heating in the bathrooms, built-in wardrobes, plot completely finished...92 452 3 2
Apartment - Resale - Playa Flamenca
Spain - Costa Blanca South - Playa Flamenca89.995€
A lovely corner ground floor apartment for sale in the award winning Olympian style. Two bedrooms 1 bathroom, west facing front garden with off street parking. Glazed sun terrace to the front and a galleria garden to the rear which has been covered to enclose the area for storage. The living room is open plan to the dining area and archway separating the modern fitted kitchen. It has a family bathroom and two bedrooms the master having a rear door to the galleria garden. The communal...2 1
Villa - New build - Beach
Spain - Costa Blanca South - Mil Palmeras429.000€
A select development of just 3 detached luxury villas for sale in Mil Palmeras beach. Each brand new contemporary villa is built by a reputable developer using only the best quality materials, offering 3 spacious bedrooms with built-in wardrobes and en-suite shower facilities, downstairs WC, an ultra-modern open plan kitchen with utility room, and a spacious, bright and airy living room with full-height picture windows and patio doors to the garden. Outside boasts a generous...135 300 3 4
Town house - Resale - Doña Pepa
Spain - Costa Blanca South - Ciudad Quesada228.000€
This beautiful corner town house for sale is located in Doña Pepa and is maintained to a very high standard. Inside the property is spread over two levels with a very good sized living / dining area and separate kitchen. Four Bedrooms and two bathrooms with three terraces, south oriented and a garage.The town house benefits from air conditioning and comes fully furnished. A short drive into Ciudad Quesada and the La Marquesa golf course and 10 minutes to the sandy beaches of...160 246 4 2
Quad House - Resale - El Galan
Spain - Costa Blanca South - Villamartin169.995€
Fantastic south facing property located in a quiet area within walking distance to amenities.Comprises off road parking,sunny garden with room for a private pool,terrace area,good size lounge with fireplace,separate kitchen,1 double bedroom and bathroom on the ground floor,upstairs 2 double bedrooms and family bathroom,terrace area,full private solarium with storage and sea views.The property is in excellent condition and sold furnished.130 3 2
Bungalow - New build - Los Balcones
Spain - Costa Blanca South - Los Balcones182.000€
Modern new build complex of top and ground floor bungalows in Los Balcones finished to a high standard. Ground floor bungalows have a spacious garden area and the top floor bungalows offer a sunny solarium. Each bungalow comprises either 2 or 3 bedrooms and 2 bathrooms, spacious lounge/dining area and fully fitted kitchen. The charming complex boasts a spacious communal pool for adults and children, stunning gardens with views of the salt lakes and close to local amenities. The...72 55 2 2