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Villas for Sale Torrevieja


The price of finished housing (new and second-hand) increased by 4.7% in the month of August

Even so, housing in Spain is 39.4% cheaper than in the highs of 2007, during the real estate bubble.

The real estate market continues its escalation in Spain. The price of finished housing (new and used) increased by 4.7% in August compared to the same month last year, according to the latest data from the appraiser Tinsa.

However, since the bursting of the real estate bubble, the hardest adjustment has been on the Mediterranean coast, with a fall of 46.4% since 2007, followed by metropolitan areas, with a cumulative decline of 42.9%. large cities, where the average price is 41.7% lower than a decade ago. The islands and smaller populations are the areas where the average value of housing has been reduced: 28.7% and 36.5%, respectively.

In addition to this striking price, there are other data to highlight that demonstrate the good shape of the real estate sector in Spain and the Spanish economy in general:

  • Sale of housing: increased by 19.7% in June.
  • New work visas: increased by 7.9% in May.
  • Net offer in the portals: 0.03% in the second quarter of the year.
  • Mortgages: the mortgage firm rose 16.8% in June.
  • CPI: inflation rose by 1.6% in August.
  • Euríbor: closed August at -0.156%.
  • Doubt rate: 4.7% in the first quarter of the year.
  • Affiliates to Social Security: affiliation grew by 3.45% in August.
  • Registered unemployment: fell by 8.52% in August.
  • Barceló Real Estate helps you to find villas for sale in Torrevieja.

    Buying a villa or other type of property on the Costa Blanca or Orihuela Costa is something very easy with Barceló Real Estate. We are specialists in foreign clients because we know exactly what your wishes and needs are.

    Whether you are looking for a resale, new build, off plan or key ready property, Barceló Real Estate we offer you a catalogue with a wide range of properties, in which we are sure you will find the one you are looking for.


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