New Build Villas Costa Blanca

BBVA highlights the good performance of the real estate market in Spain in 2017

BBVA Research points out that the real estate sector rose sharply in the first quarter of 2017, with a positive performance in sales that accelerated price growth. However, this bank points out that it showed a high geographical heterogeneity in the prices.

This is reflected in the latest Real Estate Observatory of Spain, prepared by BBVA Research, the financial institution's study service, which shows a positive evolution of housing sales, as according to data from the Center for Statistical Information of Notaries ( CIEN), in the month of March sold 48,695 homes.

This meant that, after adjusting for the series of seasonal variations and calendar effects, sales stagnation compared to the previous month, but in year-on-year terms residential sales increased by 19.5%. Thus, up to March, there was a 16.2% year-on-year increase in sales, above the 2016 average, thanks in large part to the fact that the main determinants of demand maintained the positive tone of the first measures of the year .

In this sense, he emphasizes that employment continues to show a positive evolution, as Social Security affiliates in April and May grew at a monthly average of 0.4%, above the monthly average of the first quarter (+0.3 %). In addition, household confidence continued to improve in May.

After a good April survey, in the second quarter of the year, households have reinforced optimism regarding the economy in the next twelve months, notes BBVA Research, adding that all this occurs in a context in which Financial conditions remain propitious for household indebtedness, as the new 12-month Euribor decline, which in May stood at -0.127%.

Heterogeneity in the rebound of prices

On the other hand, housing price growth accelerated in the first quarter of 2017. According to the Ministry of Development, the average price of housing in the first quarter was 1,525.8 euros per square meter, 0.7% More quarterly, once the seasonality of the quarter (CVEC) was corrected, 0.2 percentage points more than in the fourth quarter of 2016.

On the other hand, in the first quarter the year-on-year performance showed an acceleration of the growth rate to 2.2%, 0.7 percentage points more than in the previous quarter. In any case, BBVA Research notes that the evolution of the price of housing continues to show a high geographical heterogeneity between January and March. After correcting the seasonal series of the quarter, there were spikes in nine autonomous communities (Andalusia, Canaries, Cantabria, Catalonia, Valencia, Madrid, Murcia, Navarre and Basque Country), highlighting the promotions registered in Cantabria, Navarra and País Vasco, three of the regions that had shown less dynamism in the previous quarters.

In contrast, in the rest of autonomous communities the average price of housing fell in the first quarter compared to the previous quarter, with Aragon and La Rioja, with inter-quarterly declines of around 2%.

Construction is coming back.

Finally, the first quarter of 2017 ended with a new growth in construction activity. The practical stagnation of new housing visas for March (-1%) did not prevent the first tranche of the year from ending with a year-on-year increase of 18.7% in visas. Thus, in the first three months of the year approve the initiation of almost 20,000 homes, 3,141 more than in the same quarter of 2016.

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For many people, they could be buying abroad for the first time and so its vital that we have gained an extensive knowledge of the Spanish market place and the region of the Costa Blanca to ease any concerns.

If you are thinking about buying a property in the Costa Blanca, contact us.

Found 239 Properties
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Ref: CSPC-54625

Villa · New Build · Costa Calida · Balsicas

65.000€

MODEL RYDER 1 bedroom semi detached villa - Built and ready to move into Open plan living/dining/kitchen area Separate dressing room Garden with plots up to 250m2

64m2 Built · 1 Bedrooms · 1 Bathrooms · Pool


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Ref: CSPC-84988

Villa · New Build · Costa Calida · Balsicas

66.900€

MODEL GREEN 2 bedroom bungalow - built and ready to move into Utility room Covered terrace Private garden Separate kitchen

64m2 Built · 2 Bedrooms · 1 Bathrooms · Pool


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Ref: CSPC-91859

Villa · New Build · Costa Calida · Balsicas

85.000€

MODEL MILLENIUM - 2 bedroom semi detached villa - built and ready to move into With major re investment now taking place in this Murcian golf resort, now is the time to buy one of these fantastic value homes. The new developer is modernising the entrance avenue, improving the golf course, refurbishing the properties and also providing...

2 Bedrooms · 1 Bathrooms · Pool


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Ref: CSPC-73077

Villa · New Build · Costa Calida · Balsicas

94.995€

Located in a quite residential street close to the 9 hole golf course of Sierra golf, this spacious semi detached villa offers excellent living accommodation at a bargain price. Good size double bedrooms and a sunny living area and nice outside terrace area, this property must be viewed at this price. Room for private pool Pretty front...

2 Bedrooms · 2 Bathrooms ·


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Ref: CSPC-39630

Villa · New Build · Costa Calida · Balsicas

99.950€

Located at the end of a pretty one way street, this modern style bungalow boasts a huge garden of almost 250m2, offereing sun and shade all day long, it´s also surrounded by a high wall with double gates to the driveway to ensure maximum privacy. The large open plan living area offers plenty of light and the 2 double bedrooms both have fitted...

68m2 Built · 315m2 Plot · 2 Bedrooms · 1 Bathrooms · Pool


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Ref: CSPC-81622

Villa · New Build · Costa Calida · Balsicas

110.000€

MODEL OPEN - 2 bedroom 2 bathroom detached villa - Key ready .... LAST 2 REMAINING With major re investment now taking place in this Murcian golf resort, now is the time to buy one of these fantastic value homes. The new developer is modernising the entrance avenue, improving the golf course and also providing a pay as you go swimming...

65m2 Built · 2 Bedrooms · 2 Bathrooms · Pool


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Ref: CSPC-72686

Villa · New Build · Costa Calida · Balsicas

115.000€

MODEL ALBATROS - 2 bedroom detached villa - built and ready to move into With major re investment now taking place in this Murcian golf resort, now is the time to buy one of these fantastic value homes. The new developer is modernising the entrance avenue, improving the golf course, refurbishing the properties and also providing a pay...

87m2 Built · 2 Bedrooms · 1 Bathrooms · Pool


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Ref: CSPC-69271

Villa · New Build · Costa Calida · Balsicas

125.000€

2 Bedroom 2 bathroom detached villa -built and ready to move into Living accommodation all on one level 77.60m2 Underbuild/basement Living room with fireplace 59.12m2 roof top solarium 20.28m2 Front terrace

151m2 Built · 2 Bedrooms · 2 Bathrooms · Pool


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Ref: CSPO-55231

Villa · New Build · Costa Blanca South · Daya Vieja

156.000€

Very good value new build semi detached houses in Daya Nueva. The properties have 3 bedrooms, 2 bathrooms, living room, kitchen, terrace and a garage. Outside there is a nice garden area and private pool. Daya Nueva is located only 10 min dative away from the sandy beaches of Guardamar del Segura and La Marina, also few minutes drive to the...

100m2 Built · 160m2 Plot · 3 Bedrooms · 2 Bathrooms · Pool


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