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New Apartments for Sale Villamartin

Home buying and selling continues skyrocketing, while prices remain stable

In March, there were a total of 48,695 transactions. Prices fell 1.3%, to 1,277 euros per square meter.

The housing market continues to rise sharply in terms of sales, but remains stable in terms of price growth, according to the statistics of the General Council of Notaries for the month of March 2017. According to these data, in the third Month of the year, 48,695 home transactions were closed, representing a year-on-year increase of 19.5%.

By type of housing, the sale of flats showed a year-on-year increase of 20.5% and that of free-price flats of 21.9%. This increase in free-floor transactions was due exclusively to the expansion of second-hand floor sales (26.0%), as new floor sales fell by 11.5% year-on-year. For its part, the sale of single-family homes showed a 15.6% year-on-year increase.

In terms of average price, the square meter of homes bought in March was 1,277 euros, reflecting a 1.3% year-on-year decrease. This reduction of the square meter of the houses is due to the drop in the price of single-family houses (-6.2%), since the square meter of the floors was not altered in this period (0.0%).

For its part, the square meter of free-price flats increased slightly by 0.3%. Among these, the second-hand price of the square meter was 1,419 (0.8% year-on-year) and new floor prices were 1,711 (-0.6% year-on-year).

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If you are thinking of buying a new construction or flat in Orihuela Costa, in our real estate agent you will find a group of experts who will be able to help you in every step of the process so that you can achieve your objective. For the last 20 years, at E-Style Spain we have worked closely with the most prestigious developers and builders to provide the best service to our customers.

We are happy to invite you to start your search of housing in Spain with us. Do not hesitate to contact us if you see any property that catches your attention.

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