New Build in El Mar Menor Murcia
The price of housing in Spain is expected to grow by around 5% in 2017
It is foreseen that the demand for new housing will be in the range of 120,000 to 140,000 units.
Housing will continue to gain value in Spain, which makes it especially attractive as an investment asset. The price of housing is expected to grow between 4% and 6% by 2017. In addition, the demand for new housing will be between 120,000 and 140,000 units a year. Although the recovery of the residential market in Spain is not assuming significant tensions over the price of housing at the national aggregate level, there are still some ups and downs on new housing in some local markets with strong demand and a limited new housing offer.
Housing construction returns after years of absence.
The promoter activity has returned. Demand was previously focused on second-hand products and at present there are an estimated 64,000 new work visas. These data, apart from the numerous promotions started, especially in coastal areas, suggest that the new work is again a product taken into account, both for the national and international buyers.
Better expectations for the Spanish real estate market.
There is a consolidation of the recovery and the forecasts of unemployment and job creation are leading to the creation of new homes. During 2017 the investment is estimated to have surpassed 3,375 million euros, 48% more than in 2016, and that 68% of the investments came from abroad.
ES Property for Sale in Spain helps you find your new build in El Mar Menor, Murcia.
With a UK office, Spanish based team and bilingual consultants we meet the needs of all of our clients who are looking for quality and affordable property for sale on the Costa Calida (Murcia) with unrivalled client support and services.
Our team of estate agents are approachable, knowledgeable and importantly passionate about Spain and we know that you will feel at ease with us. Our mission statement to all of our clients is “what is important to you is important to us”.
The Mar Menor, located on the Costa Calida coastline within the region of Murcia is Europe’s largest saltwater lagoon, separated from the Mediterranean by a natural breakwater known as La Manga Strip, there are many fantastic properties for sale on the Mar Menor both new and re-sale and many new property developments for sale on the La Manga Strip and surrounding areas.
Take a look at our catalogue of properties in this area and contact us if you see something that catch your attention. We offer a tailored solution to your property search.