Back home sales record In the first quarter of the year, when the highest number of operations in the last 15 years was reached, there are no couples looking only for their first flat or second home. this uncertainty in the stock markets worldwide and its consequences inflation resulted in an increase in the number of interest of many investors for brickthen for the purpose of taking the property to the market hire to make it profitable.
This is what they said from Alicante College of RealtorsIn recent weeks, there has been a significant increase in such operations in agencies across the province. by the body headed by Marife EstesoRecall that the main international stock markets have recorded significant decreases so far this year, the Spanish real estate market and especially Alicante is currently a great potential for profitability It is very difficult to find in other investment products.
In this sense, they cite the latest estimates of the Bank of Spain. cost effectiveness expected in the residential real estate market 10%. In addition, although increases are expected in the medium term, APIs, interest rates mortgage rate is currently approx. very low levelsThis helps to finance purchasing operations at an affordable cost.
raises
In this context, it should be noted that a recent study by Fotocasa confirmed Alicante. The Spanish capital with the highest rental price last year, it has a positive impact on the profitability that owners can achieve with 21.7%. Likewise, another study by Idealista in this case pointed out that rentals already exist. historic peaks in 11 of the main municipalities from the province.
Along the same lines, Marifé Esteso explains that rental housing is at levels never before seen in the Valencian Community, as they represent 25% of the total. ” instability of financial products This situation we are currently experiencing has made it more attractive to buy a house for rent, we must add to this the intense demand and rent increase in the last year.”
The increase in home sales also contributes to good times for home sales. foreign citizensOn the coast of Alicante, it has recovered remarkably since the beginning of the year. The British, Belgians, Swedes, French and Germans are the main home buyers in Alicante and with the increasing importance of Alicante since 2020.
According to the latest data of the institution Registration CollegeSold between January and March in the province 12,046 housesThis represents an increase of 52% from figures for the same period last year and more than 28% from pre-pandemic figures.
Actually, it’s about Highest number of homes sold in a single quarter since summer 2007. Yes, unlike then, nearly all homes sold now – close to 90% – are second-hand, while new work represented around 45% of the market.
Source: Informacion
Calvin Turley is an author at “Social Bites”. He is a trendsetter who writes about the latest fashion and entertainment news. With a keen eye for style and a deep understanding of the entertainment industry, Calvin provides engaging and informative articles that keep his readers up-to-date on the latest fashion trends and entertainment happenings.