Playa Flamenca Property for Sale

Foreign Buyers Boosts Spanish Real Estate Market

The sale of housing in Spain shows a 15% increase over the previous year and links ten consecutive quarters of growth, according to a report from Kyero real estate portal.

In spite of the weakness of the Spanish economy during 2016, the great international appeal of the Spanish real estate sector has allowed local demand still in recovery to have quite acceptable levels of purchase and sale operations.

With one of every five sales of properties is made by British, French, German, Dutch, Belgian, Italian and Swedish buyers, who continue to fill the gap left in the previous years by the patriotic investor.

Despite the Brexit, the UK real estate crisis benefits Spain.

In spite of Brexit and the consequent decline of the pound sterling, the British have continued to hoard the market for home buying and selling in Spain, as it has been for years, being the main issuing market. In the United Kingdom housing prices have been very high for years, which means that the purchase and sale operations do not increase.

However, this situation seems to benefit housing markets outside the United Kingdom, such as Spanish, as middle-aged Britons put their eyes and wealth on homes in our country, as many with their homes paid can gain advantageous conditions of credit on its properties in the United Kingdom to finance operations in Spain. This puts them in an unbeatable position to buy.

In fact, the kyero portal points out that both visits to its portal to search for housing in Spain and attendance at international fairs have increased by more than 50%.

Petra Hönig offers you in Playa Flamenca property for sale.

Petra Honig is an independent, professional firm with a positive attitude, covering all aspects of residential property sales, through a business which is built on energy, agility, professionalism and knowledge.

With more than Fifteen years' experience in the Costa Blanca property market and over 23 years property sale experience in the UK, German and Spanish property sectors, Petra Honig Inmobiliaria has a successful proven track record with a multi office network with 3 offices located on Villamartin (Orihuela Costa), in Quesada, and Guardamar.

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