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Resident foreigners increase their investment in housing in Spain by 15.5%

Spain has a special color. Its coasts, beaches and mountains, its people and customs, gastronomy and unsurpassed climatology make of our country the perfect place to reside or spend our summer holidays.

Foreigners resident in Spain carried out home purchase and sale transactions for an amount of 11,500.6 million euros in 2016, 15.5% more than the previous year. Of the total amount disbursed for this demand profile for flats and houses, the bulk is concentrated in second-hand housing, which mobilized 10,281.7 million, compared to 1,218.8 million of the flats and new homes. With respect to 2015, the amount of resale properties operations grew by 16.3% and that of new building properties by 9.7%.

The Valencian Community, the region where foreigners buy the most.

As for regional distribution, the autonomy in which more resources were mobilized by resident foreigners to buy a home was the Valencian Community, with 2,578.6 million, followed by Andalusia (2,393 million) and Catalonia (2,135). By provinces, are placed at the head Alicante and Malaga, with 2.187 and 1.95 billion euros, respectively, were the epicenters of these purchases.

ES Properties for sale in Spain helps you purchase New Build Houses for Sale in Villamartin

In ES Property For Sale in Spain our team of estate agents has over 10 years' experience and an in depth knowledge of the Spanish property market. We don’t just sell property; we pride ourselves in matching the right people with the right property. We work to be your estate agents in the Costa Blanca, Orihuela Costa and Costa Calida.

Specialising in property for sale in the Mediterranean Coast of Spain means that we can channel our knowledge and resources to ensure we offer a personalised, tailored solution to your property search. As our client you will have access to a vast number of properties for sale in Spain that grows daily. Use our property finder service to find your perfect property for sale.

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