The price of housing in Spain is expected to grow by about 5% in 2017. Demand for new-home housing can reach between 120,000 and 140,000 housing.
Housing will continue to gain value in Spain, which makes it especially attractive as an investment asset. The price of housing is expected to grow between 4% and 6% by 2017. In addition, the demand for new housing will be between 120,000 and 140,000 units a year. Although the recovery of the residential market in Spain is not assuming significant tensions on the price of housing at the national aggregate level, there are still spikes on new housing in some local markets with strong demand and a limited new housing offer.
Demand was previously focused on second-hand products and at present there are an estimated 64,000 new work visas. These data, apart from the numerous promotions started, especially in coastal areas, suggest that the new work is again a product taken into account, both for the national and international buyers.
There is a consolidation of the recovery and the forecasts of unemployment and job creation are leading to the creation of new homes. During 2017 the investment is estimated to have surpassed 3,375 million euros, 48% more than in 2016, and that 68% of the investments came from abroad.
Golf Sun Spanish Properties is a family owned real estate company founded in 1999. Our professional team has valuable experience and we are proud to be honest and trust people.
We are specialized in new build properties for sale in Spain with a great value for money. We offer both turnkey and flat properties. Take a look at our catalogue, and do not hesitate to contact us if you see any housing that catches your eye.