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The report "Housing in Costa 2017", prepared by Tinsa, reflects the recovery of the real estate market in the beach areas.
From Tinsa they underline that the activity of purchase and sale has undergone a radical change in the last year. In 84.5% of the zones, technicians have the perception that there has been an increase in transactions in the holiday housing market, when the previous year this assertion barely occurred in 23% of the coastlines analysed .
In all of the coastal municipalities included in the report, wind turbines increased in 2016 by 14.6% compared to the previous year, according to Fomento data, to 158,635 units.
The coastal areas where the holiday housing market shows clear signs of recovery are located in the Canary Islands, Mallorca and Ibiza, Costa Dorada, southern Alicante, the east coast of Malaga and the Cadiz coast between Tarifa and Conil.
The Mediterranean is generally more advanced in recovery than the Atlantic and Cantabrian coasts. In all provinces of the Mediterranean region, locations are detected where the holiday housing market evolves positively.
As far as the promoter activity is concentrated in specific areas and in most of the areas analysed (63.8%) no new activity of construction of holiday housing has been started. The outbreaks are concentrated in Costa del Sol, Alicante, Almeria, western coast of Cadiz, south of Valencia, Costa Dorada, Maresme, Murcia, Tenerife and Mallorca.
The appearance of the new work on the Costa Blanca is easy to verify, bearing in mind that in 2016, Orihuela, Torrevieja, Elche and Benidorm led the granting of new work visas in municipalities with 10,000 inhabitants, along with Barcelona, Malaga, Almería and Valencia.
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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.
