The Spanish residential property sales figures for January this year show upward movement aiding the market’s recovery.
We have noticed that in this region clients have an interest in buying off plan as some of these deals offer attractive terms in the form of payment structures. They also provide great location with contemporary style and in many cases great views and on site facilities.
Official government data shows a total of 47,289 residential property sales were recorded during the first month of the year. This represents a rise of 23.1% on January 2017 and the highest figure recorded since May 2008.
Spain and particularly the Costa del Sol has rarely failed in attracting foreign buyers due to its fabulous climate and wonderful outdoors lifestyle.
All of Spain’s 17 autonomous regions reported increased sales activity with the most significant occurring in Asturias (55.7%), Comunidad Valenciana (40.5%) and Murcia (39%).
Residential property sales in January were 60% higher than those recorded in January 2014 which is further confirmation that the Spanish property market is continuing to thrive while long term upward trends add further momentum to the recovery.
Property prices suitable for all budgets pull in investment and people looking for second homes whether that is a luxury villa or contemporary apartment. Here on the Costa del Sol there is literally a property to suit almost every buyers needs so contact us today to find out how we can help you find your dream home.