The coronavirus crisis has changed our lives and habits. But we are facing a temporary crisis, very different from the one we experienced in 2008, which was caused by a crash in the banking system.
In the case of housing, house prices have been falling during these months of the pandemic. When the virus is under control, these prices will slowly recover to the pre-crisis level.
Today, all those who are thinking of buying a home on the Costa Blanca, and who have enough cash or are reliable enough to get a mortgage with minimum rates, can access good opportunities for homes for sale.
As expert analysts of the property market on the Costa Blanca, we have detected a considerable increase in the number of homes for sale. The economic consequences of the coronavirus are forcing many people to get rid of their second homes on the coast as soon as possible, which means selling at lower prices.
In response to this increase and maintaining all the security recommendations, our experts continue to visit homes to get them for sale, and to take photographs, professional videos and 360º virtual tours of these homes throughout the Costa Blanca. All of this is to provide potential buyers with all the means possible to see the properties before visiting them in person accompanied by our advisors.
On the other hand, we have also detected an increase in the demand for housing on the coast, either as a first or second home, or as an investment for rent. This demand is of both national and international scope. The requests we receive through our websites or our advertisements in national (Idealist, Fotocasa...) and international (Kyero, Green Acres...) real estate portals are increasing .
We believe that the opportunity of low prices is the main reason for this increase in demand, which is being transformed into deposits and sales.
If you own a property on the Costa Blanca that you want to sell, at ESPHOUSES we will help you to achieve this. Ask us for more information
We have two real estate agencies in the province of Alicante, in Guardamar del Segura and in Altea. We have more than 15 years experience in the Costa Blanca property market, in which we have sold more than 1,000 properties.
Our team is made up of, among other professionals, expert property consultants who speak, in total, more than 15 languages. We also have a network of external collaborators: lawyers, tax and financial advisers, architects... All with the a goal of finding the best buyer for the property you want to sell.