La Vega remains the Baja region more attractive to foreigners Those looking for a second residence in the province and especially in its two most populous municipalities, Torrevieja Y orihuelaBroadly leads this segment of the real estate market, which moves billions of euros every year on the Costa Blanca. So much so that only these two settlements have a monopoly. more than a third of all transactions The number of international clients formalized at the border, according to the latest data provided by the Valencian Notaries Union.
Thus, 23 thousand 920 real estates acquired by foreigners between January and September in the province 4,854 was located in the municipality of Torrevieja. A figure that represents an increase of 96% compared to the same period last year and up to 57% compared to the pre-pandemic period. The growth, which was 69% and 46%, respectively, in the same periods was well above the provincial average.
In this way, the salt producing city makes itself the main international market of the Costa Blanca, and it does so in two ways. On the one hand, thanks to loyalty Swedish touristsFor sixty years – when Nils Gäbel, considered the first residential tourist of this nationality in the region – arrived – their main colony in Alicante was in this town. They bought 787 homes in Torrevieja in the first nine months of last year, positioning themselves as the largest number of foreign buyers in the municipality.
On the other hand, the city has also been one of the biggest beneficiaries of the enormous growth. German customers Up to the point of having the second highest transaction volume in the municipality with a total of 484 occurring across the Costa Blanca.
on his behalf orihuela ranks second in this classification. 3,396 residential sales Between January and September, it is up to 85% more than in 2021 and up to 43% more than before the pandemic. But in this case, according to data compiled by notaries, the largest number of customers and quite far was the British, who carried out up to 823 operations. As with the Swedes in Torrevieja, British They are a very loyal customer for real estate agents in the area, with a large number of specialist agents. behind them are BelgiansWith 504 acquisitions in the Oriolan region.
Just outside Vega Baja Alicante Although the capital’s most crowded foreign buyer profile is very different, it manages to overshadow the previous two in terms of market volume. Thus, they were notarized in the capital of the province until September. 2,231 residential sales to nationals of other countries, only in this case Algerians Leading statistics with 308 operations. Figures reflecting the purchases of both those who migrate to work from a North African country and citizens who have a certain purchasing power and want to own a second home outside their country. They are followed by Russianswith 182 transactions and Ukrainianswith 177.
Outside the podium, populations like calfwith 804 transactions (74% more than in 2021); Santa Polawith 766 (+92%); Xabiawith 748 (+59%); Deniawith 719 (+40%); Y Benidorm88% more, with 585 sales in the analyzed period.
Grouped by nationality
Again, notary deeds reflect the tendency of different nations to focus on certain points. For example, Dutch are the most in El Campello, La Vila Joiosa, l’Alfà s del Pi, Xà bia, Teulada, Benissa or Altea. on their side, SwedesIn addition to Torrevieja, it also Santa Pola; while Belgians have a choice for calf; and the Germans take first place in Dénia and Pego.
The information received from the notaries also clearly reveals the star distance that exists between the two parties. inside and this is one of the reasons why the real estate recovery in the province has always been at double speed since the brink of this business and the bubble burst. Thus, compared to the nearly 5,000 homes foreigners bought in Torrevieja, in hand however, 127 international customer transactions are notarized and alcohol, about 113, to give examples of similarly sized populations. In addition, in this case, the most nationalities are Romania and Morocco, which indicates that they are economic migrants who have nothing to do with residential tourism.
Source: Informacion

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