Petra Hönig
Petra Hönig

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Townhouse for Sale Quesada

townhouse for sale quesada

The appraisals of works of second residence grew 168% from January to September of 2016

During the first nine months of 2016, 745,000 valuations were made, 20% more than in 2015, for an amount of 248,000 million, 14% more.

The number of mortgage appraisals is a clear indicator of the development of the real estate market in Spain. With the data from the third quarter of 2016 provided by the Spanish Association of Value Analysis (AEV), it confirms not only the increase in the purchase of housing, but also the clear recovery of the second home market and the return of the interest of the Banking for financing real estate operations.

And from January to September last year, 20% more real estate appraisals were carried out than in the same period of the previous year. The 745,000 valuations managed in the first three quarters by AEV's 23 rating companies (representing 90% of turnover in the sector) represent an increase in value of 14%, with 248,000 million euros in amount. Mortgage appraisals grew by 13% in number and by 7% in amount, accounting for 51% of the total valuations.

Increase the appraisal for the work of first and second housing.

The entities are again interested in financing new or rehabilitated buildings, since the valuations have doubled in number and have grown by 40% both in amount and in area.

There are also appraisals of works under construction of first and second homes: 168% increase in second homes, compared to 34% in first-time homes. The significant increase in second-home buildings is in line with the demand for older, non-retired and formerly-owned households, both domestic and foreign.

Petra Hönig helps you find your townhouse for sale in Quesada

Take a few moments to browse through our unique catalogue of properties in Costa Blanca, where you will find the latest and finest selection of properties in and around Cabo Roig, Quesada, Villamartin, Torrevieja and Guardamar.

Our experienced multi-lingual staff based in our Quesada head office and Villamartin offices on the Costa Blanca will be able to help you with every aspect of your Spanish property purchase.

In Petra Honig, from your first contact with us we will endeavour to identify your requirements and provide you with relevant options that fall within your budget and will help you find the best value for your money that is currently available when buying a Spanish property. We specialise in both Resale and Brand new homes, to suit all budgets, both on the coast of the Costa Blanca and further in land.

6 Feb 2017
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