New Build Property for Sale in Villamartin
According to the bank BBVA in 2017 will be sold in Spain half a million homes
The upward projections of the Spanish economy have had a positive impact on the real estate sector, while this sector contributes to growth.
Home sales will reach 500,000 operations in 2017, a 10% increase over the previous year, with an upward revision of three percentage points compared to last quarter, according to the forecasts of the magazine 'Real estate situation of Spain' presented by BBVA Research.
This study anticipates that prices will increase around 3% in annual average, closing the year at 1,570 euros per square meter; Prices similar to those of the year 2004, taking as reference the prices of the Mystery of Promotion.
In this sense, the report points out that the promoters will continue to respond to the advance of demand and is expected to target some 80,000 new homes, a 20% growth to meet demand.
14.5% more sales until May 2017
Between January and May, 212,073 homes were sold, up 14.5% year-on-year. The cumulative twelve months increase the number of sales and sales to 488,000 homes. Investment in housing will be responsible for 9.4% of GDP growth in 2017.
The market is growing in all segments of demand, mainly driven by sales of 'main housing', which has grown by 20.8%; Ahead of the rise in the 'demand for foreigners', 15.3%; And 'secondary homes', 13.1% more.
Petra Honig offers you in New Build Property for Sale in Villamartin.
If we are famous in the region as one of the most reliable Real Estate 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.
Petra Honig is specialised in selling all kind or residential properties in some of the most desirable areas on the Costa Blanca such as Villamartin, La Mata, Cabo Roig, Punta Prima, Mil Palmeras among others.