Despite the decline in operations, home selling remains a lucrative business that only took off until last September. 3.989 million euros In the province, as deduced from the latest notary statistics. On average, Foreign buyers invest almost 60% more It goes up to 187,941 euros per operation when locals take over a property, while it goes up to 119,904 euros for domestic ones. But a hidden truth Significant differences by nationalityBecause neither their motivation for buying a house in Alicante nor their budget are the same.
Logically, citizens who came to Costa Blanca in search of second house Those who are willing to spend more – a fact that already indicates a certain purchasing power – and immigrants who settled in the region to look for work for economic reasons are those who prefer the cheapest properties.
In this way, based on the data provided Valencian Community Notary College, Dutch Foreign buyers who invest the most when buying a house in the region are on average 293,077 euros in the third quarter. a fact closely related to the fact that they tend to prefer Districts with very high square meters -their favorite destination is Xàbia- and usually chalets. The Dutch are already the third most numerous international clients of estate agents in the region, with 1,999 sales and purchases by September, with numbers rising rapidly after the pandemic.
The second nationality with the largest budget after these is Switzerlandleaves an average value 231,600 euros With every house they bought in Alicante trading volume is quite modestor only 249 in the first nine months of the year. Behind Germanswith 226,388 euros on average. In this case, the number of sales is much more relevant (1,631) because high prices in traditionally destined destinations like the Balearic Islands have diverted some of that country’s luxury demand to the Costa Blanca.
If in fourth place BelgiansThose who invested very similar amounts to the previous one, 223,434 euros; In fifth place, dialectspent 196.987 euros; and sixth EnglishEven if at other times they looked at a relatively affordable type of product, today they are already paying 196.987 euros According to the same sources, for every property they acquire in the region, it is 24% more than it was two years ago.
On the opposite side, Morocco Those who settle in Alicante are the ones who prefer the cheapest houses; just average 44,140 euros. A low figure even compared to what their neighbors spend Algeriansthe rest 60,875 Euro. The statistics do not detail those from other nationalities, such as South American countries.
populations
In addition to knowing how much they spend and where they come from, notarial procedures allow us to know in which districts foreigners buy real estate the most and who is the undisputed leader at the moment. Torrevieja. The salt city concentrated 4,618 operations by September, which means: one in five international buyers He chose this district as the destination of the province. Moreover, with a very significant change in the profile of the new owners, dialect They overthrew the largest nationality, the Swedes.
Next comes the neighbor OrihuelaWith 3,056 formalized transactions, this in this case represents a much more significant drop, a 10% drop compared to last year’s figures. There are no surprises in this situation, and the British remain the main customers of the municipal real estate agencies.
City AlicanteIt was observed that the international demand represented 2,123 operations, among which the most were Algerians and Ukrainians. Behind, there is CalpeWith sales to 805 foreigners; Santa Polawith 779; Benidormwith 711; Guardamarwith 682; And Deniawith 597. Council ElcheIt remained at 487.
Overall, the province represents 20.36% of all real estate transactions carried out in Spain by citizens of other countries. While 7,461, or 33%, of the total houses purchased until September were detached houses, there were 15,127 flats and apartments.