New Build Property for Sale in Orihuela Costa

Housing purchase grows 1.2% in February 2017

Last February, the largest number of housing sales per 100,000 inhabitants occurred in the Valencian Community.

The purchase and sale of housing increased 1.2% last February in relation to the same month of 2016, adding up to 35,610 operations, according to data from the National Institute of Statistics (INE).

This increase, with 13 consecutive months of year-on-year increases, is much lower than in January, when these operations increased by 18.1% year-on-year to reach their highest level in four years.

More operations in resales than in new build properties.

Transactions on used homes increased by 6.1% in February compared to the same month in 2016, amounting to 29,171 transactions, while the purchase and sale of new homes fell by 16.3% year-on-year to 6,439 transactions.

89.3% of the homes transmitted by purchase and sale in the second month of the year were free houses and 10.7% protected. Free housing sales rose 1.5% in February year-on-year, to 31,807 transactions, while operations on sheltered housing decreased 0.7%, with 3,803 transactions.

In monthly terms (February to January), housing sales fell by 7.4%, in contrast to the monthly increase of 8% experienced a year earlier.

The Valencian Community, the third region of Spain with the highest number of housing sales in February.

Last February, the largest number of housing sales per 100,000 inhabitants occurred in Comunidad Valenciana (139), Baleares (118) and Catalonia and Madrid (105 in both cases).

Andalusia was the region with the highest number of housing operations in the second month of the year, with 6,605 sales, followed by Catalonia (6,062), Comunidad Valenciana (5,426) and Madrid (5,316).

Golf Sun help you find a wide range of new build property for sale in Orihuela Costa.

The Golf Sun Spanish Properties´ Estate Agents are specialized in the market of Alicante and the Costa Blanca and will guide and provide you the best advice to give to best properties for sale in Alicante Costa Blanca or the Costa Calida Murcia and hit fully with the decision.

Besides having all kinds of new build properties throughout the Costa Blanca and Costa Calida, we offer our customers what they need to make the experience of finding and buying a newly built home in Orihuela Costa as pleasant possible. We are proud to offer all our customers, whether their nationality, the more useful and personalized advice to determining in each case their most appropriate property.