Spanish Property Market Tipped To Maintain Its Heady Momentum Into 2017
by Liz Seyi Digital marketing managerHere at Sotogrande’s only property
portal, we’re sure it will interest many of those contemplating the current Property For Sale In Sotogrande to know more about the state of the
wider Spanish market. The short answer we can give is that it is in fine
fettle, having expanded by 14% over the course of last year, according to one
set of figures.
That data – from the National
Institute of Statistics – represented the greatest rise in the number of homes
sold in the country since the period leading up to the last Spanish real estate
boom. In all, there were 362,182 home sales recorded on the country’s property
register last year, while the average price of Spanish property per square
metre also went up during 2016, by 5.67%.
It’s no surprise, then, that the
market has already been tipped to continue such remarkable momentum well into
2017 and beyond.
Now Really Is The Time To Secure Your Dream Sotogrande Abode
Such favourable statistics point to
a Spanish property market firmly on the up once more, having now expanded for
three consecutive years after bottoming out in 2013. Even better news is that
the level of annual growth for the last two of those years was in the double
digits.
Nor has the recovery been restricted
to only the most exclusive and desirable parts of the country, as 14 of Spain’s
17 regions saw heightened sales in the final quarter of 2016, as confirmed by
the latest property registrars’ bulletin.
Nonetheless, if there is one part of
Spain above all others that certainly is exclusive
and desirable, it is Sotogrande. Beloved of such famous residents and visitors
as former Chief Minister of Gibraltar Sir Peter Caruana, ex-British Prime
Minister Tony Blair and Louis Alphonse, Duke of Anjou, Sotogrande has long been
a paradise for the rich, famous and well-heeled.
Secure Yourself A Slice Of The Exclusive Sotogrande Lifestyle
There are almost too many fine
reasons to enquire about property for sale in Sotogrande that have little even
to do with the supremely well-appointed flats, apartments and villas of this
sought-after locality. For you, it may be the challenging nearby golf courses,
the visually stunning marina or simply the Mediterranean climate that says in
no uncertain terms: ‘holiday idyll’.
Nor is the most impeccable Houses For Sale in
Sotogrande
necessarily beyond your financial reach when you allow our team to aid your
search. We are Sotogrande’s only property portal for good reason, so don’t hesitate to contact our team of skilled
and seasoned property professionals now.
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Created on Jan 1st 2018 22:40. Viewed 313 times.