Costa Blanca sees increase in domestic property buyers

Costa Blanca sees increase in domestic property buyers

The Spanish coast is experiencing a notable increase in demand for properties from national buyers. A significant change in a market dominated, in recent times, by international interest. This phenomenon has become especially evident at the beginning of this year, as demonstrated by the data recorded by the promoter Taylor Wimpey Spain in several of its beachfront promotions.

In Dénia, with the Bella Beach apartments, Taylor Wimpey Spain has witnessed this change in trend, with 50% of its buyers coming from the national market. This data is indicative of a growing desire on the part of Spaniards for coastal properties. In this one, specifically, 40% of the units have already been sold and delivery of the first phase is expected in June of this year. The show apartment is now available, both for in-person and virtual visits.

n the case of Bella Beach, an investment of 15 million euro is planned for the development of a residential complex located a few meters from Almadraba beach. This urbanization, made up of 62 four-story homes, offers 2 and 3-bedroom apartments, all of them with sea views and built with high quality materials.

Sales and Marketing Director of Taylor Wimpey Spain, has shared his optimism regarding the beginning of the year, confirming that “the pace of sales and construction of our developments on the Spanish coast is going according to plan. We are witnessing “robust demand.” In addition, Pritchard has also announced that the company will soon announce “the launch of new developments that will continue to enrich our offer in privileged locations.”

Continuing with this notable interest in the coastal real estate market, the Breeze development, with apartments and townhouses located in Finestrat, also reflects the national and international preference for living near the sea. So far, almost 30% of the first phase has been sold and the second phase is expected to go on sale in early March of this year.

The delivery of the first phase of Breeze is scheduled for March 2025, with an estimated investment of 27 million euro for both phases. The project has stood out mainly among Dutch and Belgian buyers, in addition to local interest.

On the other hand, on the island of Mallorca, the Es Balcó apartments, located in the charming town of Ses Salines, have already sold 40% of their units. The main nationality of the buyers has been German. The delivery of the first phase is also scheduled for June of this year, with a projected investment of 9 million euro.

https://theleader.info/2024/02/07/costa-blanca-sees-increase-in-domestic-property-buyers/