It is no coincidence that most of the real estate agents and entrepreneurs in Alicante are looking abroad to sell their properties. this international buyers Those who come to the Costa Blanca often much more generous budgets more than the local customer, so they are much more profitable for the industry. The average price paid by foreigners who buy a house in the province, especially in the first half of the year an average of 174,741 eurosAccording to the data of the Valencian Notaries Union representing almost 50% more -Exactly 47.7% – that Spaniards invest both for local residents and for those coming from other regions.
An even more significant difference, given that this average includes operations carried out by economic migrants, such as Moroccans or Algerians, who lower the figure because of their lower purchasing power.
According to the data obtained from the notaries in this way, Dutch Top spenders when buying a house in Alicante, on average €281.301. It’s also an amount that represents a significant increase over the budget that buyers from this nation paid 239,436 euros a year ago. To this we should add: One of the fastest growing markets after the pandemicthus, the number of current operations has almost tripled from those recorded at the beginning of 2019.
Second, there Switzerlandwho paid 279,393 € For every house they buy on the Costa Blanca, but in this case the reality is that the total purchase volume is much more modest: just 178 between January and June compared to 1,412 for the Dutch.
Something similar happens with the third in classification, Estonianspaying an average of 234,187 euros, but adding only 38 purchases.
With an average budget of more than 200,000 Euros, Belgianpaying an average of 232,853 Euros; most Norwegian, with 212,683 euros; most Frenchwith 208,343; and germanswith 202.156.
In more modest figures, although still higher than investment by national buyers, the province has two major traditional markets abroad: British and Swedes. They pay 176,741 for each home they buy in the first period, but as they are the top traders in the first half – 2,372 in the first period – together they represent the largest volume of business for Alicante real estate companies: 415 million June between January and June, which drives this activity. 15% of 2.778 million.
Swedes allocate 174,288 euros per house, despite buying half as many properties as before.
Logically, European buyers with a larger budget monopolize the most expensive market segments. So even strangers 55% of new construction home buyers they have a much higher weight in the state and above all in single-family transactions. Specifically, according to data from the Notary College, two of the three chalets Items sold in Alicante (66%) end up in the hands of a buyer from another country.
In view of these large sums handled by Europeans, the foreigners who spend the least when purchasing property in the state are the Moors, although there are notable differences. Like this Algerians on average they invest 99,051 € for each flat or house they bought in the province, more than double the amount they bought. Moroccowho signed the deed for some amount 41,262 € per operation. In this sense, it should be noted that Moroccans are generally economic migrants who come to work, and there are many middle and upper class buyers among Algerians who are looking for a second home abroad.
Brits prefer Orihuela and Swedes prefer Torrevieja
The data obtained from the notary deeds also allows the preferences of different nationalities to be known when buying a house in the province. So, for example, British most numerous orihuela, where they monopolized 535 of the 2,317 international operations accounted for in the first semester, and also pioneered the classification in Xàbia. On your own behalf Swedes still prefer Torreviejathey bought 542 houses in the first six months of the year.
On your own behalf Belgian lead the market Guardamar, calpe anyone benissa; while your neighbors Dutch already the main buyers of houses in El Campello, in teula anyone Altea. Denia Y i shot they zone Germanwhile RussiansDespite the restrictions, it was the foreigners who bought the most in the first semester in Turkey. Benidorm Y Bay. The foreigners who carry out the most operations in Alicante are Algerians, while Moroccans in Elche, Villena or Alcoy. For its part, the Romanian group concentrates the largest transaction volume of clients from other countries in Elda, but the reality is that the number of operations is very low, only 13.