Over 30% of New Spanish Properties Snapped Up by International Buyers

by | 6/03/24 | Golf News, News & Views

Thirty per cent of new Spanish properties purchased by foreigners

A recent survey by Aedas Homes has highlighted a notable trend: more than a third of new dwellings are now being acquired by international investors. The 2023 edition of ‘The New Construction Home Buyer Profile’ by Aedas Homes unveiled that foreign investors are increasingly eyeing Spain as a prime location for property investment.

In fact, they now represent nearly 37 per cent of the customer base for newly constructed homes, marking an 8 per cent increase from the previous year, with over 600 of the 4,000 new properties sold being transferred to international purchasers.

Escalating international interest

“This international clientele brings added value to the Spanish housing sector,” asserts Pablo Rodriguez Losada, the Commercial and Marketing Director of Aedas Homes.

The main sources of these international buyers include Central and Western Europe, accounting for 42 per cent of the purchases, followed by Eastern Europe at 29 per cent, America at 13 per cent, British buyers at 7 per cent, Asia at 4 per cent, and the Nordic countries at 3 per cent.

Poland, the Netherlands, and Belgium top the list of countries of origin, with the United Kingdom and Germany following closely, underscoring a varied European interest in Spanish property.

 

 

 

The price of used housing for sale rises in February.

by | 4/03/24 | Golf News, News & Views

The price of used housing for sale rises in February.

The price of used housing for sale rises in February.

The price of used housing in Spain has registered an increase of 0.4% during the month of February, standing at 2,056 euros/m2, according to the latest Idelaista real estate price index . This figure is 7.2% higher than that of the same month last year while it is 2.8% below the historical maximum price of housing in Spain, recorded in June 2007.

The supply of homes for sale has decreased by 8%

The supply of homes for sale on the market has decreased by 8% year-on-year during the fourth quarter of 2023, according to the latest Idealist study. This loss of stock has been accentuated in the final stretch of the year, with a four-point drop compared to September. Most capitals now have fewer homes for sale than there were a year ago, with Barcelona (-14%), Palma and Valencia (both with -17%) exceeding the national average, while in Malaga (-8%) , Madrid (-4%) or Seville (-2%) decreased somewhat less.

 

 

Enhancing Property Value with Golf Course Locations in Spain

by | 29/02/24 | Golf News, News & Views

Alenda Golf Property Golf view over golf course

 

Owning a property in Spain that is situated on or adjacent to a golf course can markedly influence its market value in a variety of ways:

Premium Locations: Properties on or near golf courses are typically regarded as high-end due to their select locations, offering panoramic views and direct access to golfing facilities. This exclusivity often leads to a higher price tag compared to similar properties situated in less sought-after areas.

Scenic Views and Serene Environment: Residences on golf courses are known for their stunning landscapes and peaceful surroundings, a stark contrast to the busy city life. The aesthetic appeal and calmness are significant factors that can boost the value of these properties.

Community Amenities: Living in a golf course property usually comes with added benefits, such as access to clubhouses, swimming pools, tennis courts, and other leisure facilities. These amenities not only provide a better living experience but also contribute to the overall value of the property.

Target Market: Golf course properties cater to a specific demographic, typically appealing to those with higher incomes or retirees who are avid golf fans. While this exclusivity might narrow the pool of potential buyers, it also means that properties can fetch a higher price from the right purchaser.

Market Conditions: The value of properties on golf courses, like any real estate, is influenced by the wider market conditions in Spain, including the balance of supply and demand, economic factors, and local property market trends.

It’s essential to remember that while several factors can enhance the value of a golf course property, personal preferences, the golf course’s condition, and the exact location of the property (for instance, its proximity to the clubhouse or specific features of the golf course) can also play a crucial role in determining the price.

By understanding these aspects, potential buyers and investors can make informed decisions when considering the purchase of a property on a golf course in Spain, ensuring that they invest in a property that not only meets their lifestyle but also holds potential for increased value.

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