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New Build Property for Sale Las Ramblas Orihuela Costa

BBVA Bank puts good note on the Spanish real estate market in 2017

The research service of this prestigious Spanish bank highlights a positive evolution in home sales and an acceleration in price growth.

This is the latest Real Estate Observatory in Spain, prepared by BBVA Research, the financial institution's study service, which shows a positive evolution of housing sales, as according to data from the Center for Statistical Information of Notaries ( CIEN), in the month of March sold 48,695 homes.

On the one hand, housing price growth accelerated in the first quarter of 2017. According to the Ministry of Development, the average price of housing in the first quarter was 1,525.8 euros per square meter, 0.7% (CVEC), 0.2 percentage points more than in the fourth quarter of 2016. On the other hand, in the first quarter the year-on-year evolution showed an acceleration of the growth rate until the 2.2%, 0.7 percentage points more than in the previous quarter.

Housing construction consolidates its recovery.

In addition, the first quarter of 2017 ended with a new growth in construction activity. The practical stagnation of new housing visas for March (-1%) did not prevent the first tranche of the year from ending with a year-on-year increase of 18.7% in visas. Thus, the first three months of the year approved the initiation of almost 20,000 homes, 3,141 more than in the same quarter of 2016.

Golf Sun Spanish Properties helps you find a wide range of new build property for sale in Las Ramblas, Orihuela Costa.

The Golf Sun Spanish Properties´ Estate Agents are specialized in the market of Alicante and the Costa Blanca and will guide and provide you the best advice to give to best properties for sale in Alicante Costa Blanca  or the Costa Calida Murcia and hit fully with the decision.

Besides having all kinds of new build properties throughout the Costa Blanca and Costa Calida, we offer our customers what they need to make the experience of finding and buying a newly built home in Orihuela Costa as pleasant possible. We are proud to offer all our customers, whether their nationality, the more useful and personalized advice to determining in each case their most appropriate property.

 

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