find someone affordable housing in Alicante harder each time. The trading boom recorded since the middle of last year, maximizing the number of operations since the time before the real estate bubble burst, has exhausted a large portion of the current offering, reducing sales opportunities. buyers. Moreover, at the same time, this increase in operations has translated into a significant increase in prices across the province, already exceeding 8% per annum.
The result of all of the above is that buyers tight budget Finding an apartment suitable for your facilities will be more complicated. Specifically, during the month of May, according to data from Idealista only 23.2% of the homes offered was located in the city of Alicante under 100,000 eurosthe threshold that the portal created to consider it an “affordable” home.
about 3.1 points less Compared to the same month last year when 26.3% of the supply was below this range, and everything shows that this ratio will continue to decrease in the coming months, given the development of prices.
In addition, it should be noted that the study is based on the sales prices announced by the sellers and a minimum of 11% should be added to the sales price. bills (VAT, notary, etc.)
This reduction in the volume of flats at affordable prices is not exclusive to Alicante and has occurred in Istanbul. most state capitals from the country. Specifically, on the 35th according to the portal. The biggest decrease in affordable housing took place in Turkey. ToledoIt increases from 25.1% to 18.3% of the existing park in May 2022. Castellon de la Plana (from 37.3% to 31.8%), Grenade (from 15.3% to 11.5%), Tarragona (from 30.1% to 26.7%) and soria (from 36.7% to 33.2%).
Absolute minimum capital under 100,000 euros, where houses can be found, Palma de Mallorca, only 1.1% of the total park is for sale. follow him Victorywith 1.2%; Barcelonawith 1.7%; Cadizwith only 2.4%; Bilbaowith 3.1%; pamplona, with 3.5%; Y Madridwith 3.9%.
On the other hand, cities increasing volume of affordable housing has huelva, with 47.5%; followed by leidawith 46.9%; avilla, with 46.6%; Y Zamorawith 42%.
If the range is extended up to 200.000 EuroThe percentage of homes that can be found below this price also fell. In the case of Alicante, 60.3% of the supply was maintained at a lower price a year ago, while now only 56.7%, according to the same sources.
They were sold in the province in the first quarter of the year 12,046 houses, According to the College of Registrars, this represents an increase of 52% from figures for the same period last year and more than 28% from what occurred before the pandemic. This is the highest trading volume in a single quarter since summer 2007.