New Build Properties for Sale in Villamartin Alicante

The purchase of housing in Spain grew by 17.3% in November 2016

This increase allows to add 10 consecutive months with positive percentages and chains in the accumulated of 2016 an increase of 15.1%.

The purchase of housing in November 2016 grew 17.3% year-on-year, to 33,806 operations, signing the best data for a month in November since 2009, according to data from the National Statistics Institute of Spain (INE).

The sales were sustained for a month, and more than two years ago, for operations on second-hand homes, which accounted for 82.8% of transactions, to 27,996 sales. Its cumulative growth over the year reaches 18.5%.

New Housing also grows, but at a lower rate

While new homes barely grew 6.8% year-on-year in November, to close with 5,810 sales, its second worst figure of 2016, and so far this year shows a decrease of -1.4%. However, the price of new housing grew by 3.3% in 2016, after closing the second half of the year with a rise of 1.9%, to reach an average value of 2,120 euros per square meter. This is the first increase in nine years.

With the current data, sales accumulated until November reached 374,284 transactions. In the absence of December data, it appears that 400,000 operations will be surpassed by the end of 2016, according to the data of the registrars.

Golf Sun Spanish properties offers you new build properties for sale in Villamartin, Alicante.

If you are looking for new build properties on the Costa Blanca and Costa Calida, you are in the right place. Golf Sun Spanish Properties works with the best developers to offer you the best villas, apartments, townhouses and bungalows in the region. Contact us today, tell us what you are looking for and we will be able to work to find the house that best suits your needs.