Petra Hönig
Petra Hönig

Your professional estate agent on the Costa Blanca

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Property for Sale in Quesada Costa Blanca

Property for Sale in Quesada Costa Blanca

Foreign buyer buys housing in Spain at record levels in 2017

The purchase of housing by foreigners in Spain between April and June 2017 accounted for 13% of total operations, with about 15,600 houses.

The number of homes sold in Spain in the second quarter of 2017 amounted to 141,582, 14.7% more than in the same period of 2016. Of all these transactions, transactions by foreign residents in Spain grew by 13.1% %, to 23,007, adding up to 24 quarters upwards. In total, foreigners (residents and non-residents) bought 24,009 homes, 17% of the total.

In spite of the percentage maintenance of the foreign demand, the fact that it takes place in a growing market in terms of number of operations makes foreign demand truly increasing significantly, maintaining itself as one of the great strengths of the real estate market Spanish

The British continue to lead the buying of housing in Spain.

In a quarter that was not seen since 2011, British citizens are still the most interested in Spanish residential, with 14.9% of the total of homes acquired by foreigners, and break with the negative trend that was taking place in recent years, and reached record lows at the beginning of the year marked by the results of the referendum to leave the EU.

The Mediterranean region, one of the regions that attracts more interest among foreigners.

As in the first quarter of 2017, the Canary Islands (37.22%), the Balearic Islands (28.37%) and the Valencian Community (25.52%) concentrate the greater weight of the operations carried out by outsiders, something that has been repeated during the last five years. In this period, the progress of the region of Murcia in terms of sales and purchases to foreigners is significant.

Petra Hönig, property for sale in Quesada, Costa Blanca.

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

11 Oct 2017
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