New Developments in Los Alcazares Murcia

Who is the foreign buyer of property in Spain?

According to the most updated data, 20% of the total purchase of housing in Spain is made by foreign citizens. In this article we explain where they come from.

The Mediterranean coast of Spain enjoys a special attraction for citizens of other countries because of its warm climate, its Mediterranean lifestyle, and its cheap cost of living. To all these factors must be added for years a real estate market that fits perfectly to their needs, both for the wide variety of prices and for the varied types of housing.

According to data from the General Council of Notaries from the second half of 2014 until the end of 2016, there have been more home purchase transactions by foreigners than in 2007, in the midst of a housing bubble. But who are these buyers?. Lets take a look

British

The demand for housing in Spain by the British is usually made up of retired citizens, middle-aged retirees, married, some with children and grandchildren, a high level of professionalism and average annual income of 36,000 euros. They demand pleasant climates, good services, quality of life, and excellent air connections that give them a sense of closeness to their loved ones and friends.

Scandinavian

Scandinavian buyers are often couples, made up mostly of middle-aged people (50 to 55 years) with higher education and average income that usually exceed 90,000 euros per year. More than any other nationality, they value the sun and the quality of the beaches.

Benelux countries.

Of similar characteristics to the Scandinavian, they are usually constituted mainly by couples, with children, in the age bracket of fifty years, high professionalization and income of not less than 60,000 euros to the year. They look for mainly for the sun and beaches; and are very interested in golf courses, so the Costa Calida satisfies their tastes and preferences with its traditional and excellent facilities.

French

This segment is made up of people aged between 45 and 55 years old: retired people, families with a high level of education and income of around 40,000 euros per year. Likewise, they are attracted by the climate, socio-political stability, they look for amenities and proximity and good connection with their country.

Golf Sun Spanish Properties offers you new developments in Los Alcazares, Murcia.

If you are looking for new build properties on the Costa Calida and Costa Blanca, you are in the right place. Golf Sun Spanish Properties works with the best developers to offer you the best chalets, 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.