Luxury apartments, penthouses and villas in Estepona | Click image for details
Steady growth in European consumer confidence gives way to raised expectations of property price hikes.
More than half of European consumers believe that European property prices will rise over the next 12 months, according to ING International Homes and Mortgages 2017 survey.
The annual survey, questioning 15,000 people across 15 countries, asked respondents about their views on the European housing market and found that 59% believed prices were on the up. Read more »
Exceptional villa in La Alqueria, Benahavis | €3,200,000 | Click image for details
Over the next three years, Spanish residential property prices will continue to rise across the country, according to a report by Solvia – the property division of Banco Sabadell.
The Spanish property market recovery has started to consolidate and property sales and prices are continuing to maintain an upward trend. Read more »
Exceptional Apartments for Sale in La Cala de Mijas | from €369,000 | Click image for details
The number of homes sold across Spain in June rose by 19%, according to data released by the National Institute of Statistics (INE).
In June, a total of 39,625 residential property transactions took place, representing a healthy increase on the same month the year before. Read more »
Modern Villa in Mijas, Costa del Sol | from €495,000 | Click image for details
Post holiday blues could be behind a surge in the number of Brits looking for properties to buy on the Costa del Sol.
In the last five weeks, as many return from their holidays, Spain has been the most searched for destination for a new home, according to property portal Zoopla. In the same period, property searches for the Costa del Sol increased by 44%, and searches in Ibiza and Menorca grew by 41% and 19%, respectively. Read more »
Luxury homes for sale in Benahavis | €1,900,000 | Click image for details
Growth in demand for new luxury properties has revived Spain’s new build and off-plan property market and more and more buyers are seeing Spanish new build properties as an attractive investment option.
As new build property sales rose by 10.8% in June and average property prices grew by 3.7%, the Spanish new build and off-plan property market is becoming an attractive investment option for would be buyers.
Buying a new build property or an off-plan property in Spain can pay dividends in the long run, especially if demand continues to rise. Buying into a new development or off-plan project early can put you ahead of other buyers; developers often offer discounts to early buyers and give them the chance of picking the best plots/units available. Once the development is complete, prices have usually already risen in value and demand is often high, meaning attractive returns for property owners. Read more »