Costa Blanca's property market bounces back for Belgian and Dutch buyers
Are you a Dutchman or a Belgian, intent on buying your dream Costa Blanca property in 2018? If so, whether you've got your heart set on a small apartment or a marvellous villa, you will be interested to hear what's the state of the Costa Blanca property market at present, and what's in store for the future!
Costa Blanca property market revives for international buyers
To start with, it may interest you to learn that Costa Blanca's property market has firmly recovered from the 2008/13 crash. This is because, according to Spain's land registry, sales of Spanish property have shot up compared to a year ago. This is the 4th consecutive year of growth in Spanish property sales, and the biggest yet.
Costa Blanca property still cheaper than boom years
That said, it's still an incredible time to buy a Costa Blanca property for Dutch and Belgian buyers like yourself. This is because Costa Blanca property remains significantly cheaper than during the property boom.
An apartment, country house, villa or house at the Costa Blanca is still on average -9.5% cheaper than in 2005 but remains great value!
2018 shines bright for Costa Blanca’s international buyers
Meanwhile, looking to this year, 2018 looks to be another excellent year for Costa Blanca's property market. First of all, property sales in Spain will rise significantly this year, according to credit rating agency Standard & Poor's.
In addition, sales to international buyers like Belgians and the Dutch are expected to make up almost a fifth of total sales. So the outlook for Costa Blanca's property market is bright, with even more international buyers!
By Peter Lavelle at Pure FX