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New Build Property for Sale in Algorfa Costa Blanca

Property Sales will exceed half a million units in 2017

The price of residential real estate will grow 4.3% and the construction of new homes will grow 20%, to 74,000 units.

According to a recent report on the Spanish residential sector by Servihabitat Trends, the sale of housing will reach half a million units in 2017 for the first time since the crisis began in 2008, which will also mean a 12% increase over the 445,000 dwellings to be commercialized in 2016. The real estate market will thus chain three consecutive years of growth.

Thus, according to the data released by this report, real estate construction will grow 20% next year 2017, to 74,000 units, after shooting up 31% this year 2016, when they began to raise 62,000 units. It is expected that the construction of new residences will also increase in all regions during 2016, the current year that it is ending-

The Spanish real estate sector culminates in its recovery.

By reaching this peak, and according to this report, the real estate sector in 2017 will already be fully stabilized around the levels considered normal for the Spanish market which, according to its data, involves the purchase and sale of between 550,000 and 600,000 houses a year, With annual price increases of between 3% and 4%.

The report, like many experts, points to the current situation of economic improvement, as well as the opening of the mortgage loan as the main pillars of housing demand. If we add to this the increasing profitability that today has the investment in housing with respect to other formulas, we can explain that at this moment the sector is already recovered.

Take a look at our selection of new build property for sale in Algorfa and other points of the Costa Blanca.

Are you interested in buying new building property in Algorfa? La Finca Golf is a complex located in this beautiful municipality of Alicante that houses a five star hotel and a first level golf course. In addition, there are new developments with apartments and chalets that will allow you to enjoy all the attractions of the area.

At Barceló Real Estate we have been working for more than 10 years to offer our clients the best properties on the Costa Blanca and the Costa Cálida.

We work tirelessly to offer the best selection of new build and resale homes for sale. Our desire is that through us you can find the ideal property in which to get the most out of the sun and the Mediterranean Sea. Get in touch with us today.