All posts tagged Spanish Property
Is the rejuvenated Spanish property market about to go in to overdrive? As we enter the last month of 2015, there are plenty of sound bites suggesting that it may just do that.
Demand from British buyers was up by 53% in the 3rd quarter of this year against the first quarter of 2015. As the year has progressed Spanish homes are being snapped by the Brits and guess what… the prices are rising.
The year round Spanish sun & endless beaches attract visitors from all over the world
As Spanish property registrars have documented, property prices have increased overall by around 6.6% since March 2014. Mortgage acceptances have also increased by some 17% against September 2014. Property is in high demand, & it is written that there are currently in excess of a million properties for sale across Spain.
Some pessimists may question the credibility of the data, and some will say so they should. However we can only report about our experience in the locations that we work in here at Your Place in Spain Ltd – The North and South of the Costa Blanca, Murcia & Costa Calida and the Costa Almeria too.
Beautiful property in high demand
In our experience on the ground we have had fantastic levels of interest from the platforms used to show our portfolio of properties. We have had clients queuing for appointments, and even property selling within hours of being put on the market.
We’ve also seen customers place offers for the asking price and be refused as the sellers, quickly realising the high demand of the market, believing that they can achieve more money than first thought! Can we really blame them?
Anyone for Tapas?
As the exchange rate is currently sitting at circa 1.42 euro to the pound, for buyers, it is back to the Boom years of 2002 to 2006 when it comes to purchasing property.
The ‘double whammy’ on offer this time though is that current property prices are anywhere between 25% and 65% lower than they were in those boom years, & this is a major contributor to the buoyancy of the market in the hot spots.
A Mediterranean lifestyle. The Spanish culture, food & drink.
To cap it all, the new developments currently being undertaken across the Costa Blanca (which we understand to be in excess of 50) are being built, and some of to the very highest standards, to help deal with the demand.
So whilst some data will be heavily debated, we perhaps should take on board, and remind ourselves of the reasons for this possible or probable resurgence in the Spanish property market.
Dreaming of owning a property in Spain? Now is a fantastic time to make it a reality…
If you’re thinking about buying property in Spain, now is a fantastic time to take advantage of the exchange rate and low property prices. Don’t hang around or leave it too late.
Take a look at our website here, and see our selection of property. Let us help you, get in touch today here.
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Hello blue skies and sunshine! There’s a heatwave on it’s way, and I think it’s safe to say that we’re all just about ready for some sunshine and warmth to brighten up our days. Whilst Manchester is beautiful in the sunshine, here at Your Place in Spain we can’t help but dream of Spain and it’s beautiful beaches whenever the sun is out.
Thinking about Spain too? Well take a look at today’s top property selection, and see some of the latest opportunities from across our portfolio…
All sterling prices are calculated at today’s rate (14/4/15) of 1.38. Click on the images to view the properties on our website. Enjoy, property hunters!
The Southern Costa Blanca has so many fantastic opportunities available right now, and at great prices too –
1. First floor apartment in Playa Flamenca
1. This immaculate 2 bedroom, 2 bathroom first floor apartment is situated on the very attractive La Calma development in Playa Flamenca, close to an excellent selection of amenities and a short walk to the beach.
€105,000 / approx £76,100
2. Townhouse for sale in Los Altos
2. This spacious 3 bedroom, 2 bathroom property is ideally situated close to a great selection of local amenities and a short drive to the coast.
€118,000 / approx £85,500
3. Bungalow, in Villamartin
3. This immaculate 2 bedroom, 2 bathroom “Lola” style bungalow is situated in the popular area of Pau 8, Villamartin. The property is within walking distance to the famous Villamartin Plaza with its fine selection of restaurants, shops and bars and the beautiful Golf course.
€129,995 / approx £94,200
4. Townhouse, Villamartin
4. This outstanding 2 bedroom, 1 bathroom property is situated on the sought after development of Valencia II, with beautiful landscaped garden, established palm trees and 24hr security.
€139,995 / approx £ 101,500
5. Apartment, Cabo Roig
5. This spacious 3 bedroom, 2 bathroom top floor beach side apartment is situated in an excellent location, with walking distance to the beautiful Cabo Roig beach and a fantastic selection of local amenities.
€165,000 / approx £119,600
The Costa Almeria has so much to offer, with fabulous country and coastal properties
at great prices –
6. Apartment, Vera Playa
6. This beautiful first floor apartment is located on a very quiet and tranquil urbanisation. The community has two communal swimming pools, a children’s playground and beautiful gardens.
€85,000 / approx £61,600
7. Villa, Zuergena
7. This is an inland 3 bedroom, 2 bathroom villa that is within 3 minutes walking distance of the local village of La Alfoquia, Almeria which has a friendly little community and which has many amenities.
€155,000 / approx £112,400
8. Villa, Arboleas
8. Luxury villa for sale in Almería. This stunning villa is located just outside the traditional Spanish village of Arboleas where you can find all amenities such as banks, bars, shops and supermarkets etc.
€179,750 / approx £130,300
Costa Calida / Murcia properties are selling FAST right now, and it is no wonder. Take a look at some of the great value opportunities on offer –
9. Balsicas, Townhouse
9. This 3 bedroom town house for sale, constructed by renowned local developers ‘Taray’ at Torre Alcantara in Balsicas, is located close to all amenities.
€99,950 / approx £72,500
10. Front line apartment, Los Urrutias
10. A very nicely presented totally refurbished two bedroom first floor apartment for sale in the highly desirable village of Los Urrutias on the Mar Menor.
€160,000 / approx £115,950
11. Villa, La Torre Golf Resort
11. A two bedroom, two bathroom fully furnished SOUTH facing villa Sabina situated close to the facilities on La Torre Golf Resort.
€169,000 / approx £122,500
12. Mar Menor Golf Resort, Apartment
12. A second floor two bedroom, two bathroom apartment with incredible views across the golf course and lake on the popular Polaris World Mar Menor Golf Resort.
€189,000 / approx £136,960
