New Townhouses for Sale Villamartin
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Are you looking for a house in the Mediterranean coast of Spain? This is the market.
Housing on the Mediterranean coast, which is already increasing by 6.4% year-on-year, costs 45.5% less than in 2007.
The residential showcase of the coastline was, undoubtedly, one of the great victims of the puncture of the bubble. Prices fell in many areas above 50%, or even 60%, and the bulk of the stock hurt this sector during the post-boom years.
Today the beach housing market has turned around and the coast, along with the big cities, is the great standard of recovery. Especially, the islands, where prices rise at a rate of 9.4%, according to Tinsa. This percentage stands at 6.4% in the Mediterranean arc.
The resurgence of the market on the coast is based, according to experts, in the incipient economic recovery and the return of the national buyer. But, above all, in the foreign plaintiff, which stars in a high number of purchases. This burgeoning demand usually shies away from the stock of the bubble and seeks a new product, still scarce, which stresses prices. The quality promotions are not so many after the cranes have been parked years and the visa increase has not yet materialized on the ground.
However, the sharp rise in prices does not (yet) translate into an unaffordable market. Quite the opposite. The current situation responds to the typical rebound after a deep adjustment and prices are still well below those of a decade ago. Houses on the Mediterranean coast cost 45.5% less than in 2007.
Find New Townhouses for Sale Villamartin with E-Style Spain
A powerful reason to buy new home in Orihuela Costa is the powerful return on investment you have from the first year, while you use it as housing to spend your vacation.
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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