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Spanish Property market update for Villamartin and Cabo Roig


We regularly watch for trends in the Spanish property market general but more particularly in our own areas of Villamartin and Cabo Roig in particular. We think this is particularly important for the way we take our business forward but also vital for our clients looking to buy property in Villamartin or Cabo Roig


We have found information released by Kyero on seasonal property activity across the whole of Spain both interesting and helpful. The report up to September revealed a substantial increase in property enquiries. Spanish property enquiries were up 61% on this time last year.


Having said that the prices purchasers were looking to pay seemed to be reducing. Properties valued at over €250,000 found enquiries reducing. Around 62% of enquiries were for properties under €150,000. We wonder if the fall in Sterling post Brexit is responsible for this.

British buyers made up 21% of foreign house sales Spain during 2015.

The report indicated that average property asking process for Villamartin was €142,000.


The average property sale price for Cabo Roig was €155,000

 

We have a fantastic range of apartments and small villas for sale in Villamartin. Find yours here! >

 

Posted 13/10/2016

Javea Property for sale Moraira Property Cabo Roig Property Villamartin Property