Buy Property in El Raso Guardamar

The price of housing in Spain fell by 0.86% in the first quarter of 2017

The average price of second-hand housing in Spain in March 2017 was 1,532 euros per square meter.

This figure meant a fall of -0.86% compared to December 2016. Interannually, the decline reached -1.21%. The decline compared to February 2017 was -0.49%, as the average price last month was 1,540 euros per square meter.

Real estate market in full recovery.

Despite the falls registered at the national level, it has been shown that housing market recovery continues to lay the foundations of its consolidation process, so it is normal that there are ups and downs contained in the evolution of the price. As we go down, we see that the percentage of rise in the more consolidated areas are more reasonable, while cities where the crisis was felt more strongly, abandon the great declines.

Housing is demonstrating its ability to be profitable in the long term, revalued after a very difficult period. More and more buyers are looking for fixed rate security when they go to the bank to apply for financing. This is a very smart decision, given that the monetary policy stimulus of the European Central Bank may change over the course of this year.

The Valencian Community, one of the areas where prices rose.

In the first quarter of the year, the only increases were those of the Balearic Islands (1.90%) and Comunidad Valenciana (0.18%). As for the falls, the most intense were in Aragon (-3.84%), Castilla-La Mancha (-2.77%) and Navarre (-2.09%). Interannually, the rebounds came from the Balearic Islands (6.89%), the Canary Islands (3.89%) and the Community of Valencia (2.54%). The largest fall rates were in the Basque Country (-9.11%), Cantabria (-7.40%) and Castile-Leon (-7.30%). The most expensive region in March 2017 was Basque Country (€ 2,592 / m²) and the cheapest, Castilla-La Mancha (€ 897 / m²).

Petra Hönig helps you buy property in El Raso, Guardamar.

If we are famous in the region as one of the most reliable Real Estates in the region is because we treat our clients in the same way we would like to be treated ourselves. Our values are energy, agility, professionalism and expert advice always. Once we are at your service you can be sure that we will work in your best interest, never our own.

Petra Honig is specialised in selling all kind or residential properties in some of the most desirable areas on the Costa Blanca such as Ciudad Quesada, La Mata, Torrevieja, Cabo Roig, Punta Prima, Mil Palmeras among others.

Take a look at our catalogue of properties. Do not hesitate to contact us if you fall in love with any.