Investing real estate in Spain:
On the Costa Blanca, it is very attractive for an individual to invest in real estate. This is the one by the annual price increases of 10% and by the letting opportunities we offer. But for investors, there are particularly attractive options. Prices for land to be build are doubled since 1994 and in popular tourist areas even more than doubled. Spain is the only EU country, which over the past 10 years -adjusted for inflation- has realized a value on your property. 

                            International sales:
In recent years, there have been an average of 100,000 homes per year sold to foreigners. To nationality, the British the largest group of buyers, followed by Germans, Dutch, Scandinavians, Belgians and French.

Due to economic difficulties in 2002 the German demand for Spanish real estate significantly decreased. Because of the strong British pound and the Norwegian krone is the English and Norwegian demand for Spanish property is still high.

                             Future prospects:
Because of the Baby Boom effect in North-West Europe, the first generation after the war, within 5 and 10 years will be retiring, the demand for Spanish real estate just had to rise. The OECD predicts that the next 10 years are still 5 million and retired Northern Europeans in Spain will settle.

The ICEX, the Spanish Export Organisation, has calculated that in the next 20 years alone on the Costa Blanca 600,000 new houses for Northern Europeans have to be built to meet the demand.

The NBBL, the Norwegian Building Federation, with 600,000 members has been studied, that half of their retired members in Spain to buy a house for whether or not permanently verblijf.Omdat many popular coastal volgebouwd are already sees a shift from construction activities to places where still room to build (provinces of Murcia and Almeria).

It is expected that the coming years will be realized price increases averaging 10% per year. The level of price increases will increasingly be determined by the location. But also for Spanish property, which results from the past offer no guarantee for the future.

Perhaps we can advise you further about the possibilities of investing in real estate in Spain.