Figures from Spain’s central statistics unit continue to show increasing numbers of properties being sold in Spain. Residential property sales in the country rose by an impressive 13.2% between September 2015 and September 2016, with 34,931 sales recorded during the latter month.
This improvement upon last year’s figures shows a continuing trend in the popularity of Spanish property. Indeed, year-on-year increases have been observed in 28 of the last 30 months. This resurgence of the Spanish property market has been ongoing for two and half years, and represents a healthy recovery from the long-lasting slump that began in 2007.
The highest sales figures since 2011
With 395,000 agreed property sales in Spain between the two Septembers – the highest such figure since July 2011 – it seems that now is firmly the time for those who have long dreamed of owning Spanish property to investigate the full range of property for sale in the Costa del Sol and other in-demand areas of the country.
Nor are such strong sales rises only evident in isolated areas of Spain, as increases of more than 20% have been observed in Madrid, Catalunya, Cantabria and the Balearic Islands.
Once again, the Comunidad Valenciana was the busiest regional market when measured by sales per 100,000 inhabitants, at 133, beating the Balearics (125) into second place. By comparison, Madrid, Andalusia and Catalunya all recorded more than 100 sales by this measure.
Discover the latest property for sale in the Costa del Sol
It’s easy to see why Spain is enjoying such a boom in property acquisition. Spain is a gorgeous location in which to own property. Whether you wish to retire to the sun and sand or are attracted to any of a wide range of other aspects of Spain, the Costa del Sol, Sotogrande and many other fantastic locations have a vast selection of beautiful properties available.
Here at Winkworth, we have a longstanding passion for Spain and can offer luxurious properties to buy and rent in some of its most desirable locations. For more information about property for sale in Costa del Sol and various other Spanish locations, simply make use of our convenient online property search feature or give us a call on our UK or Spain landline number.