Real estate market news on the Costa Blanca, Spain

Read the latest Spanish and Costa Blanca property market news.

Buying a property on the Costa Blanca: your resolution for 2021?

05/01/2021

Share in:

If buying a home on the Costa Blanca was on your list of resolutions for this new year, we provide you with 5 reasons why.

There are very good opportunities to buy new build homes on the Costa Blanca

After months of confinement, buyers like you are looking for larger homes, if possible single-family homes (detached houses, townhouses...), which have outdoor areas (terraces, solariums...), and which have services such as swimming pools, gardens, or children's areas. Newly built homes usually cover all these needs.

At ESPHOUSES we have a wide range of new build homes on the Costa Blanca.

The prices of second-hand homes will rise again

As the pandemic improves and the property market on the Costa Blanca revives, the prices of second-hand homes will rise moderately throughout 2021. According to a statistical report from the Ministry of Development, the valuation values of free housing in the province of Alicante have fallen by an average of only 1.9% over the last 12 months.

Check out our discounted homes on the Costa Blanca, and take advantage of these limited-time buying opportunities.

Digital tools help you to buy more easily

Confinement has helped you get used to using more digital tools such as video calling.

This year, because of the pandemic, at ESPHOUSES we have implemented the service of visiting properties by video call. A visit during which a real estate expert from our agency will resolve all your questions live while showing you the property, avoiding unnecessary or unauthorised trips due to health restrictions.

Mortgage interest rates will remain low this year

If you have sufficient economic solvency, you will have no problem getting a mortgage loan to buy your home on the Costa Blanca (up to 80%) with the added advantage that the mortgage rates offered by the banks will remain low as in the previous year.

We collaborate with the main banks and financial entities in Spain: Banco Santander, Banco Sabadell, La Caixa, Bankia, Bankinter, and Deutsche Bank. Our advisors will study your documentation with these collaborating entities, to offer you a mortgage with the best conditions.

Housing continues to be one of the few profitable assets to invest

Although, according to data from the Bank of Spain, the profitability of housing has declined in recent months due to the pandemic (it is around 5.6%), it remains a profitable asset for investment and profit through renting.

If you are interested in buying a home on the Costa Blanca as an investment, consult our experts, who will help you to get the right home for your investment.


Leave a Reply

(*) Required fields

Bedrooms

1
2
3
4
5
6+

Cancel

(*) Required fields

Under construction  - Modern Villa- Villajoyosa

Villa in Villajoyosa
425.000€

Newly built villa in El Albir - Key Ready

Villa in Albir
749.000€

New build apartments in Alfaz del Pi

Apartment in Alfaz del Pi
159.000€

1st line apartments at Playa de Los Locos

Apartment in Torrevieja
425.950€

1st line apartments at Playa de Los Locos

Apartment in Torrevieja
259.950€

© 2021 All rights reserved.