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Buyers trends | Who is Buying?

Despite the fall in the British demand of purchasing properties in Spain during the first quarter of 2017, there is a clear growth in the demand from other nationalities. In fact, there has been a 16% increase in sales to foreign buyers compared with the previous year.

During the first quarter of 2017, the total amount of properties sold to foreign buyers has been 14,870, of which 15% correspond to British buyers; 10% French, 8% German, followed by the Belgians, Swedish and Italians. The Italian market has shown a growth of almost 60%, followed by Romania, Morocco and France in comparison with the same period of 2016.

“…there has been a 16% increase in sales to foreign buyers compared with the previous year.”

However, since 2014 there has been a market of constant growth. This group known as “rest of the world” consists of all those countries that count less than 100 sales per year. It represents 41% of the sales registered, more than 6,000 properties sold during the first quarter of 2017. It is clear that the demand for property in Spain is diversifying… But why?

Why?

Spain is a very strong destination compared to other countries. In terms of lifestyle, cost of living and investment, it meets most of a buyer’s requirements.

  • Prices, which are still 30% lower than they were in 2007, are very attractive.
  • Properties to choose from apartments, townhouses, villas, country houses.
  • Location, large coastal areas with beautiful beaches, ski resorts, cosmopolitan cities.
  • Friendly culture; excellent climate; first class health care; infrastructure.

In addition to the aforementioned, also in the context of the current world climate, Spain must be considered a safe environment: a well-established democracy, well policed and politically stable in the Schengen area and the EU.

These above mentioned facts provide a safe worthwhile environment for property purchase.

What my clients say...

Since the first moment, Celeste was very professional!! The best ever Real Estate Agent I've met so far! The information provided was very personalized and extended to meet our requirements! The best! Joaquim Soares from Portugal

Celeste is a very professional Real Estate Agent. She knows the area extremely well and is therefore very capable of showing the right properties. She is very customer-focused, friendly and goes the extra mile to keep her clients happy. We are very happy with her help and would recommend her to all who are looking for real estate in the area! Saida & Hachim from the Netherlands

We had desires to invest in Spain, but the distance has slowed us down. For several months, we were in contact with several real estate agents. The one that gave us the most confidence is The Property Agent owned by Mrs Celeste Alonso. We met an exceptional person through the internet following our research, and I must tell you that we are delighted! This beautiful meeting was decisive; it is a person who proves the real qualities of professionalism. She took charge of us from beginning to end. Arrived in Spain in Malaga, she accompanied us for visits to different apartments, and we found a rare pearl thanks to Celeste.  Mr and Mrs Catteau from France

Celeste is the reason we bought our property. Her knowledge of the market and her ability to find gems in the residential real estate sector are second to none. Time and again, she has proven to be reliable and extremely trustworthy. She provided us with immeasurable support during the purchase of our property and, most importantly, while we were decorating and renovating our apartment. Celeste’s network of contacts has been invaluable to us and were key enablers in ensuring a smooth purchase and world-class after-sales care. If you are looking to rent or buy a property, we consider Celeste to be the best at what she does. Don’t settle for anyone else! Five stars! PS: Our dog loves her too! Marzia & Satya from Italy

We decided to work with Celeste from our first conversation by telephone. We liked her approach and very good care of customers. Celeste supported us not only before and during the purchase, but also after the purchase was successfully completed. Celeste really helped us a lot. We are happy that in Spain we have a great friend of ours! Be sure that we will recommend Celeste like the best Real Estate Agent in Spain. Dana & Andrew from Poland

Jo and I would like to thank Celeste for the very professional service that she gave us when we decided to move from France to La Alcaidesa. She was spot on in understanding our requirements and, when we found the right property,  she ensured that the whole conveyancing process went through very smoothly and quickly. But what impressed us was that, after we moved in, Celeste ensured that we discovered all the local services in the area. This was our 5th house move and we can honestly say that she helped to make this the easiest. Mike & Jo from the UK    

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