Yes, this is going to be an excellent year to acquire a new home and we will tell you why:
- Buying a home is a decision made for various reasons, from the purely speculative or business objective to creating a home to live happily. After 10 years of instability in the real estate sector, normality and calm growth both the offer and the prices have been installed throughout the country.
- Some studies, such as that of the Moody's Rating Agency, estimate that the price of housing will grow at a rate of 5,5%, this being one of the highest growth rates in the last decade, but still far from those registered in the past real estate boom.
- Despite this price increase, we will have better financing conditions from the Bank at lower interest rates, the result being a growing real estate market.
- New real estate developments are being created, generally smaller and of higher quality, and with very attractive prices in some areas.
In populations of the Mediterranean coast such as the case of Denia, demand continues to grow due to the quality of the houses, the climate and the gastronomic and cultural offer that exists, international market the one with the most weight.
Of the real estate operations carried out in the province of Alicante, 41,8% were carried out by foreign buyers, with nationalities in the first place, the British, who despite the threat of Brexit are still very interested in enjoying the excellent quality of life on the Costa BlancaFollowed by French and Germans as the second and third most active nationality in the province of Alicante.
In short, acquiring a property in the year 2020 It will be a good opportunity due to the offer of newly built homes and their value for money, the stability in prices of second-hand homes and more attractive and affordable financing conditions.
