New Build Properties for Sale in Torre de la Horadada
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The sale of properties in Spain will grow 12.5% in 2017
The buying and selling of housing will grow 12.5% this year, reaching 450,000 units. In 2016, new housing has been revalued by 3.7%.
The recovery cycle, of the Spanish residential market is consolidating and will intensify throughout 2017. The evolution of the price of housing will continue with a gradual increase in average prices but with uneven progress in the different cities and coastal areas of Spain .
The new build properties for sale are reappearing in Spain
The silhouette of the cranes is again shaped in many cities in Spain, especially in many areas of the Mediterranean coast, although the data is still very far from the statistics recorded during the boom of the mid-2000s. Experts agree in pointing out it is positive for a sustained recovery of the sector.
During 2016, with data available up to October, the number of visas for construction of new housing in Spain increased to 53,131 units, up 33.23% over the same period in 2015, according to information provided by the Ministry of Promotion from the visas granted by the colleges of technical architects. This figure is already 6.91% higher than at the close of 2015 (49,695) and is the highest of the data for each year of the last five years.
New housing developments are more secure.
The construction of new promotions is mainly explained by the improvement of credit promoters, although under much stricter criteria than those of previous years. The bank limits this financing formula to those companies that already have their final land and is a project financially backed by the future owners, if not totally, at least for the most part.
Golf Sun Spanish Properties, new build properties for sale in Torre de la Horadada
Do not hesitate to contact Golf Sun Spanish Properties if you are looking for new build properties in the area of Orihuela Costa, Costa Blanca or Costa Calida. In the catalogue of our website you can find all types of apartments, bungalows, houses, villas, luxury villas, land, fincas, etc ... both off plan and key ready.
Contact us today and we will make an appointment to start fulfilling your dream of living near the Mediterranean.
Our telephone number is 0034 965 322 863