News: Spanish property sales up by 23.7%
Sales of property in Spain continue to increase, according to official sources. As the data released by the Association of Registrars confirm, the average price of housing rose 7.5% in the second quarter of the year compared to the same period of 2015, while sales grew 23.7% to 107,838 property transactions registered. When compared to the first quarter of the year, sales of property in Spain have increased by 8.5%.
As far as sales of second-hand property in Spain are concerned, the total number of transactions amounted to 80,042, that is to say 11,380 more than in the previous quarter. This is actually the best data in the last eight years. With nearly 14,000 purchases, foreigners accounted for 13.4% of transactions, compared with 12.9% in the first quarter.
By nationality, British purchasers (19.73%) top the list, followed by Germany (7.38%), France (7.5%), Sweden (6.95%), Italy (5.99%) and Belgium (5.63%).
If you too are looking to buy property on the Costa Blanca, let us show you what we have available here.
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Spain - Alicante / Costa Blanca South - Playa Flamenca
Ref.: 1753 84m2 2 2 - Sea viewClose to sea
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Ref.: 1532 66m2 2 1 - Sea viewClose to sea
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Ref.: 1629 95m2 2 2 - Sea viewClose to sea
425.000€398.000€Semi Detached House - Resale
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Ref.: 1634 65m2 2 1 - Sea viewEXCLUSIVEClose to sea
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Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: D1707 74m2 2 2 - Close to sea
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Ref.: 2308 195m2 3 3 - Sea viewClose to sea
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165.000€160.000€Town House - Resale
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Ref.: E2363 72m2 3 2 - Sea viewClose to sea
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Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1359 76m2 2 2 - Sea viewEXCLUSIVEClose to sea
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Ref.: D1730 80m2 3 2 - Close to sea
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Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1733 2 2 - Sea viewEXCLUSIVEClose to sea
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Ref.: E2360 70m2 1 1 - Close to sea
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Spain - Alicante / Costa Blanca South - Torrevieja
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109.900€90.000€Apartment - Resale
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Villa - New build
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