The year 2016 is being a turning point in the real estate sector. The housing market has consolidated its reactivation, having recovered part of the activity lost in recent years. Especially striking is this trend in some areas, especially the Mediterranean coastal area, where this year has begun to see constructions of new construction.
The dwelling on flat seems to have returned with force, although there is still little. To this trend, it must be added that the improvement of employment is bringing again a young applicant, which had not happened in recent years. Despite the Brexit, foreign buyers continue to focus on the Spanish real estate market, not without success have been achieved record sales figures by foreign investors.
According to the study that regularly publishes BBVA Research, there are two factors that point to a progress in the real estate sector towards its normalization: moderate economic growth and improved expectations in the sector. The forecasts point to a growth of the Spanish economy for the year 2017 with a GDP increase of 2.3% that will create employment and will allow to continue reducing the unemployment rate.
Check out the new developments in Torre de la Horadada, a few meters from the beach. In this municipality you will find all kinds of services like bars, restaurants, shops, supermarkets and much more. Great variety of houses with finishes of last generation within urbanizations with all kinds of amenities like swimming pool, parking, garden areas and for children.
At Barceló Real Estate we have been working for more than 10 years to provide our clients with the best properties in Orihuela Costa, Costa Blanca and Costa Cálida. 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.