Ciudad Quesada Townhouses for Sale
Main Trends in the Spanish Real Estate Market in 2016
Are you looking for a house in Spain? Then you'll be interested to know what the market trends for this year are. In this article we give you general keys.
After the credit crisis and the real estate boom of years ago, both the Spanish economy and the industry are beginning to see the light after the tunnel. Low prices have attracted many people from all over Europe, which in recent years have set their sights on the Spanish property market, especially on the Mediterranean coast. If you are thinking of buying a property, it is not a bad time. But should you hurry. All market data begin to point to imminent changes.
In Petra Hönig We summarize the main trends in Spanish real estate market in 2016:
Housing prices upward.
There is unanimity on the performance of the housing: will go higher. Experts differ, though, considering the increase. And in 2015 he began to loom rising house prices in some regions and types of property. It's time to buy, because you probably price increases this year are much more pronounced than they have been in 2015.
If you have clear ideas and enough capital, you should not think too much: the price of housing has rebounded 4.5% in the third quarter of 2015, according to the National Statistical Institute of Spain (INE).
Return on Sales of newly built properties.
Improving market also strengthens the supply side of new buildings. Experts assume that the projects will come to the forefront in response to increased demand and using that credit flows again. Not surprisingly, 2015 was a year of record on visa applications for new housing, as well as the purchase of land for development in big cities.
According to analysts, access to a mortgage will continue being relaxed in 2016. We currently live better financial circumstances interest rate for the purchase of a house. It is likely, however, that this situation will not continue beyond 2016, when the rates in the US have begun to rise.
More foreign investment in the Spanish coast.
In 2015, a total of 17,668 foreigners bought homes in the province of Alicante, 6.2% more than the previous year. This is the fifth consecutive annual increase, in fact since 2010 operations have doubled. Britain country remains the largest foreign market in the province, if anything has surprised was the presence of Sweden in second with a sharp increase. In 2016, it is expected that foreign investment in the region continues to increase.
Petra Hönig offers you in Ciudad Quesada townhouses for sale.
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.
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