Property Supplement CBS 23 – 29 May 2024 Issue 2029

“Investing

in Costa Blanca” financial stability

INVESTING in Costa Blanca presents a multifaceted opportunity blending financial stability, lifestyle enhancement, and promising returns. The region’s allure is rooted in its stunning Mediterranean coastline, rich cultural heritage, and favourable climate, making it a magnet for tourists and expatriates alike.

Costa Blanca’s real estate market thrives on this popularity, with a steady demand for rental properties, hotels, and residential developments. The consistent influx of visitors ensures a stable foundation for investment, bolstered by Spain’s resilient economy, which has demonstrated

gradual growth over recent years. Property value appreciation is a significant draw for investors in Costa Blanca. Real estate prices have steadily climbed, offering the potential for substantial capital gains. This upward trend is fuelled by domestic and international interest, driven by the region’s scenic beauty, relaxed lifestyle, and cultural vibrancy.

Beyond financial returns, investing in Costa Blanca enhances quality of life. Its laid-back atmosphere, delectable cuisine, and diverse recreational activities create an idyllic setting for residents and visitors. From exploring historic towns to enjoying water sports along the coastline, Costa Blanca offers a

plethora of experiences catering to various interests. Accessibility further bolsters Costa Blanca’s appeal, with several international airports nearby and efficient transportation networks facilitating easy travel. This connectivity enhances the region’s popularity and contributes to its status as a top destination for both leisure and investment.

In conclusion, investing in Costa Blanca provides a compelling opportunity to capitalise on a thriving real estate market while enjoying an unmatched lifestyle. With its blend of financial stability, property value appreciation, and quality of life benefits, Costa Blanca stands out as a prime investment destination.

Housing investment returns

BEING the second generation, we are a dynamic and professional company.

We will help you find the right home on the Costa Blanca for your family with professionalism and honesty.

Our extensive portfolio of homes allows us to offer you the sale and rental of homes in Campoamor, La Zenia, Playa Flamenca, Cabo Roig, Villamartín, Torrevieja, La Mata.

New construction homes, second-hand homes such as apartments with sea views, luxury chalets, bungalows, duplexes with a plot.

For rent we can offer you long-term rentals such as holiday rentals in Orihuela Costa, whether it is a villa, apartments or townhouses.

Real estate investment products such as hotels, lots, petrol stations, being able to help you manage them.

If you plan to sell a home in Orihuela Costa or Torrevieja, Ibero Homes is your real estate agency in the south of the Costa Blanca.

THE Valencian Community has witnessed a significant surge in housing investment returns, reaching 7.9 per cent in the first quarter of 2024.

Over the past five years, there has been a significant 1.5-point increase in investment returns, as revealed by data from real estate platform Fotocasa. This upward trend, emphasised in their recent report ‘The Profitability of Housing in Spain in 2024’, speaks volumes about the resilience of the property market, with both rental and purchase prices witnessing growth.

Maria Matos, Fotocasa’s Director of Studies, highlights a notable surge in individual investors turning to real estate as a reliable and stable option, particularly amid economic uncertainties.

Regional variances highlight the diverse landscape of Spain’s housing market, with the Valencian Community spearheading the surge at 7.9 per cent. Eleven regions have experienced a notable increase in profitability, with nine surpassing or matching the national average of 6.6 per cent. Following Valencia’s lead, regions such as Murcia, Cantabria, and Catalonia demonstrate similar patterns, indicating a widespread trend of growth and stability in the real estate sector.

City highlights showcase the thriving real estate landscape in Valencia’s urban areas. Moncofa leads the pack with an impressive 8.2 per cent return, cementing its status as the most lucrative city in the first quarter of 2024. Ontinyent, Oliva, and Castellón de la Plana follow closely, boasting strong profitability figures that underscore the overall positive trend across Valencia’s diverse urban landscape.

We will carry out a totally free appraisal of your home and we will propose a professional business plan to sell your home in the shortest possible time.

Through our commercial network of agents both nationally and internationally in France, Norway, Belgium and Russia.

We have clients looking to buy their home on the Costa Blanca.

We have our after-sales service through which we will help you in any incident that occurs after the purchase as well as the changes, modifications or reforms that you want to undertake.

In the south of the Costa Blanca, Orihuela Costa and Torrevieja we have a microclimate that gives us more than 335 days of sunshine a year and enviable temperatures throughout the year.

You will find beaches of fine sand that have the highest international award, the Blue Flag.

A good number of 18-hole golf courses and very well connected by road, rail and two international airports from which to fly anywhere.

Streamlining your transition to Spain: A

Comprehensive Guide to Legal and Financial Services

ARE you planning on starting a new life in Spain? Will you be retiring? Do you just want to live in Spain without having to work? If so, we can help you on your journey and make this move as simple as possible for you.

If this is the case, if you have a British or any non EU passport, first of all you must have a Non Lucrative Visa (NLV) in place.

Before making any application, the main thing to consider is taxes. Bear in mind that if you apply for the NLV you will become tax resident in Spain and will therefore need to present your tax return in Spain. You will pay your taxes based on ALL your worldwide income. For this reason, BEFORE making the NLV application, we believe it is a MUST to organise the TAX PLAN with our chartered accountant’s team in order to avoid any surprise claims from the tax authorities in Spain.

Continuous Growth

Bob Marquess

IN the dynamic Spanish real estate market, the Costa Blanca shines as a region experiencing continuous growth

Taylor Wimpey España, a British developer, reports a remarkable 40 per cent increase in housing reservations in the area compared to 2023.

This surge is fuelled by clients from 17 different nationalities, underscoring the rising popularity of the Costa Blanca for both residency and investment purposes. The Costa Blanca’s upward trajectory mirrors the positive trends seen in the national real estate market.

In order to obtain the Non Lucrative Visa you will need to meet certain critera. You will need to show that you have no criminal record and also that you do not suffer from any diseases that can have serious health consequences. You will need to take out prívate health insurance or, if you are a UK pensioner, you can provide the S1. You must also be able to show that you have sufficient financial means to support both yourself and your family once you are in Spain.

We will prepare all the paperwork ready for you to present your application for the NLV at an appointment at the Consulate office nearest to where you live in the UK. There are three offices based in London, Manchester and Edinburgh.

Once your visa has been approved, it will be stamped in your Passport and you will then be able to enter Spain. You must do this within a maximum of three months. When you arrive in Spain you will need to register your address in the municipality where you’ll be living and you will receive a certifícate known as a Padron.

Within one month of arriving in Spain you must have an appointment to go to either a specified Police Station or Foreigner’s Office in the región where you live in order to register your fingerprint and to obtain your TIE card (foreigner’s identity card). Don’t worry about not being able to speak enough Spanish to book the appointment - we organise everything for

you. We will guide you through all the steps of the application process making it as simple and stress free as possible. Contact us to organise your FREE Zoom call to discuss any queries regarding the NLV application process.

According to data from the General Council of Notaries, February 2024 witnessed 53,142 home purchase and sale transactions, marking a 9.7 per cent year-on-year increase.

Specifically, new home transactions surged by 20.83 per cent, accompanied by a 4.24 per cent rise in median home prices compared to the previous year.

These statistics align with Taylor Wimpey Spain’s findings, as the company continues its expansion in its primary areas of influence: Costa del Sol, Costa Blanca, and Mallorca.

On the Costa Blanca, Spanish buyers now account for 15 per cent of reservations, signalling a notable uptick in domestic demand within the region.

Bob Marquess

THE Alicante Province’s real estate market is experiencing a surge in foreign interest, particularly from luxury property buyers.

Data from the Institute of Economic Studies of Alicante (INECA) and real estate agency Engel & Völkers reveal a significant increase in purchases of properties priced over €1 million by foreign buyers.

Foreign buyers, predominantly from Belgium, the Netherlands, Switzerland, and Germany, dominate the luxury property market accounting for up to 80 per cent of transactions.

Notably, a substantial portion of these buyers prefer cash transactions, comprising 80-90 per cent of transactions in areas like Moraira and Altea.

Home Staging

Luxury properties

This trend extends to coastal tourist areas like Orihuela and Torrevieja, where high demand from foreign buyers, especially from Belgium and the Netherlands, is observed.

Staging your home for sale is a crucial step in ensuring a swift and profitable transaction

In Alicante City and adjacent areas, Belgians and Dutch buyers lead the market, representing three out of every 10 luxury homes priced over €2m.

Image: Lucia.Pinto/Shutterstock.com

The influx of foreign buyers has significantly impacted the Alicante real estate market, resulting in rising prices across the board. In 2023, more than 60 per cent of properties sold exceeded €1 million, with 31 per cent surpassing the €2 million mark. Belgians and Dutch buyers, followed by Swiss, Germans, Scandinavians, and Ukrainians, constitute the majority of international clients.

THE process begins with decluttering, which involves removing personal items, excess furniture, and any unnecessary objects that could distract potential buyers. This creates a clean, open space that allows buyers to envision their own belongings in the home. Thorough cleaning is essential, as a spotless home suggests it has been well-maintained.

Strategic furniture arrangement can also make a significant impact. Position furniture to highlight the home’s best features, such as a fireplace or a beautiful view. Ensure that each room has a clear purpose to avoid any confusion about the space’s functionality. Adding small touches like fresh flowers, tasteful artwork, and new, coordinating linens can create a welcoming ambiance.

The solution that best fits your needs

TOTAL ACCESS offers expert solutions for individuals facing accessibility challenges at home. This rapidly expanding Alicante-based company specialises in addressing the needs of individuals with conditions like arthritis, wheelchair users, or those who struggle with stairs.

They source their high-quality products from top manufacturers in the Netherlands, Germany, and the UK, and have a dedicated team of skilled installers to ensure efficient and professional installation of your new equipment.

The company’s portfolio includes stairlifts, home lifts, platforms, and even swimming pool

lifts, all designed to enhance the quality of life for those finding daily tasks increasingly difficult. A recent client, Mr Timms, engaged Total Access to make his home fully accessible for his wheelchair-bound grandson, enhancing their family gatherings.

From installing a heavy-duty horizontal platform at the entrance to a portable pool hoist and a small ramp in the living room, Total Access provided tailored solutions to eliminate the barriers in Mr Timms’ home. The company stands by its reliability, often completing installations in just one day, and offers insured work to alleviate any concerns.

Outshining competitors

Photo: VAlekStudio

THE luxury real estate market in Spain outshines its neighbouring competitors, showcasing steady growth across all 50 provinces of the country.

While the Balearic Islands, Madrid, Barcelona, and Malaga collectively represent 70 per cent of prime properties, Alicante’s luxury real estate sector has seen remarkable growth,

averaging a 25 per cent annual increase over the past three years.

Consequently, Costa Blanca has emerged as a preferred destination for million-dollar investments.

Property prices in Alicante are relatively lower compared to Madrid or Barcelona, with the average luxury home costing above €2 million.

In terms of market values, property prices vary based on segment and location.

Premium homes typically range between €1.5 and €3 million, while luxury homes command prices between €3 and €10 million, with super-luxury properties exceeding this range.

The average cost per square metre stands at €3,900, with Alicante boasting the highest market value at approximately €5,085 per square metre.

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Clients can expect a home visit from Total Access to assess their needs and receive an immediate, personalised proposal, with consideration for financial constraints and potential financing options. With a unique confidence in their service, Total Access allows customers to retain 10 per cent of the cost for two weeks post-installation to ensure complete satisfaction.

Visit their showroom in Callosa d’en Sarrià, Alicante, or contact them on 900 525 920 or via email at info@total-access.es. For a comprehensive overview of their services and the latest equipment, explore their bilingual website at total-access.es.

Price pizzazz

THE price of used housing in Spain saw a 1 per cent increase during April, reaching €2,098 per square metre. According to the latest Idealista real estate price index, the Costa Blanca is leading the way with this trend.

This figure represents a 6.9 per cent rise compared to the same month last year, while it remains 0.8 per cent

below the historical peak recorded in June 2007.

Among the Spanish Autonomous Communities, 12 regions saw prices rise compared to the previous month.

Comunitat Valenciana led the increases with a rise of 1.7 per cent.

In terms of provinces, 38 provinces recorded higher prices compared to the previous month.

The largest increases were seen in Almería, closely followed by Alicante with a 1.6 per cent increase.

During April, 38 capital cities also experienced increases in housing prices. Valencia saw the most significant increase, with seller expectations growing by 3.6 per cent, followed by Alicante with a 3.1 per cent increase.

Ever Expanding Horizons with 5 Real Estate

IN the property industry evolution is key and 5 Real Estate stands at the forefront of transformation and growth. Our unwavering commitment to excellence and innovation has paved the way for the continued exciting expansion of our network.

We are thrilled to announce the opening of three new offices in Pinar de Campoverde, Pilar de la Horadada, and Rojales, marking our continued commitment to serving our clients across the Costa Blanca and Murcia Region, with unparalleled professionalism and expertise.

Why Choose 5Real Estate?

At 5 Real Estate, we pride ourselves on the principle of a Fixed Fee from only €999, with no added commission, ensuring

our clients enjoy the most cost-effective real estate transactions in Spain. The strength of our brand and value proposition set us apart from the norm when buying and selling your home, offering a straightforward, transparent process with no upfront fees or hidden costs.

We are very optimistic about the outlook for 2024 and beyond. We’re not just growing; we’re setting new standards in real estate service excellence.

The Ideal Time to Act

With spring upon us and summer not far behind, there’s never been a better time to enter the market. Whether buying or selling, leverage our expertise and market insight to make informed decisions. Last year alone, we saved our

Property splendour

SITUATED along the Mediterranean coast, Alicante boasts a diverse real estate scene. The city presents ample investment opportunities with prices averaging at €1,949 per square metre, which is €200 above the regional average.

Alicante’s neighbourhoods cater to a wide range of budgets. In Virgen del Remedio-Juan XXIII, for instance, apartments start at an inviting €821 per square metre. For those with a taste for luxury, Alicante offers prestigious streets and neighbourhoods renowned for opulence. The city centre and coastal areas are particularly sought after, boasting elegant residences with panoramic sea views.

clients over €2.7 million in added commissions, compared to traditional estate agency charges of 5 per cent.

Join the ranks of satisfied clients, who have registered hundreds of 5-star reviews with Google, and chose 5 Real Estate for a seamless, cost-effective real estate experience.

Embark on Your Real Estate Journey with 5Real Estate

At 5 Real Estate, your property dreams are our mission. With innovative solutions, a fixed fee structure, and an expanding network of offices, we are your go-to real estate partner on the Costa Blanca and Murcia Region. Don’t wait - discover how we can help you,

Discover

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Pinar de Campoverde:

Located at the foot of the Sierra de Escalona mountain range, just 10kms from the coast, this charming village offers a diverse selection of properties. If you are interested in selling or buying here then visit our new office at Avenida Reina Sofia, 8 where a warm welcome awaits you.

Pilar de la Horadada:

This southern gem in Alicante is a hotspot for expatriates and property seekers alike. With a range of affordable properties, your perfect match is waiting. Alternatively, if you are seeking to sell then find out more by visiting us at Calle Mayor 17 we’re here to help!

Rojales:

Experience the heart of traditional Spain in Rojales, a vibrant community with a mix of nationalities and a wide selection of properties to fit every budget. Explore our listings starting at around €60,000 for apartments up to villas from €150,000. If you are in the market to sell, then the best place to start is our office at Calle Francisco Serrano, 7.

These properties, spanning 200 to 300 square metres and featuring three to six bedrooms, typically range from €1.4 million to €1.9 million. Certain streets in Alicante are synonymous with prestige.

Avenida Doctor Gadea in Ensanche-Diputación and Camino del Faro in Playa de San Juan-Cabo de Huertas are prime examples, Calle de la Dorada, nestled in Playa de San Juan-Cabo de Huertas, is renowned for its exclusive residences offering great views and luxurious amenities. Avenida de Juan Bautista Lafora in the Historic Centre-Santa Cruz district showcases Alicante’s rich heritage and contemporary elegance. Meanwhile, the iconic Paseo de la Esplanada d’Espanya epitomises the city’s coastal culture, with palm-lined streets always bustling with activity

Specialists in all Gate Automation Systems

THE Gate and Garage Door Company are based in the Costa Blanca South and have been working with automatic security roller shutter doors and gates including gate automations for over 30 years, they can supply and install or supply only a wide range of remote-controlled gates or roller doors as well as bespoke aluminium car ports in the Costa Blanca and Costa Calida.

Their popular Insulated Aluminium Security Automated roller shutter door is fully remote controlled with emergency access override and Anti-lift security feature built-in including a Safety obstacle detection sensor.

This Roller Shutter door can be used as a new replacement garage door,

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Electric Gate Automation Systems for residential sliding gates and double opening gates and garage doors.

We only use the best systems that are available including the full safety anti crush obstacle detection built in as standard with options for Wi-Fi mobile phone remote controls and battery backup for emergency.

Five-year warranty as standard with all our installations .

To book a free no obligation fixed price quotation please email sales@tggdc. es or Call/WhatsApp +34 608 208 170 or 644 585 312.

Sails

FABRIC structures, such as shade sails, combine traditional building materials, metal, wood, stone, and glass - with a fabric membrane, typically designed under very high tension. The most common application is the traditional awning, however shade sails, tension membranes, and retractable fabric roofs are becoming increasingly popular as people discover their cost and environmental benefits.

Shade sails are pieces of fabric designed to create large shaded spaces. The concept of creating spaces with large pieces of material is not new.

The existence of shade sails can be traced back to the ancient Egyptians and later the Greeks and Romans, where they were used to shade the crowds in the Coliseum of Rome.

The Roman armies were shaded from the draining effects of the sun with shade sails during wartime. It

is a concept recently rediscovered in Australia in the early 1970s and spreading around the world. When incorporated within existing architecture, large spaces can be repurposed. Fabric structures have massive advantages over structures made from traditional materials.

They are lightweight and incorporate a lot less material, they can be efficiently engineered and installed, and structures such as shade sails can involve complex 3D geometrical patterns that enable unlimited scope in architectural creativity.

security glass curtain protection shutter, replacement entrance gates, outside pool kitchen/bar shutters.

ARE you dreaming of sunny skies and siestas, contemplating a fresh start in the vibrant landscapes of Spain?

Whether it’s the bustling streets of Valencia or the serene beaches of the Costa del Sol, making the leap to living in Spain is as thrilling as it is significant.

One of the most crucial steps in this journey? Ensuring your legal affairs are in order, particularly when it comes to purchasing your new home in Spain.

At My Lawyer in Spain, we understand that moving countries can be daunting, especially when faced with navigating unfamiliar legal systems.

That’s why our team of seasoned legal professionals is dedicated to smoothing out the process, making your transition as seamless and stress-free as possible.

Property and Divorce

Choose My Lawyer in Spain

Why choose My Lawyer in Spain? Here are just a few ways we stand by your side:

Communication is key, and our multilingual team is here to converse in your language, ensuring you fully understand every step and detail of the legal processes involved.

From obtaining your NIE (Foreigner’s Identity Number) and residency, to comprehensive tax advice and property purchase processes, we’ve got you covered.

Looking to rent before you buy? We’ll walk you through understanding rental contracts. Thinking about the future? Let’s discuss Wills and long-term life planning in Spain.

With 15 offices strategically located throughout mainland Spain and the Islands, our experts are readily available, no matter where you choose

division is one of the most common disputes amongst separated couples in Spain. Every divorce case is different and understanding Spanish property laws is essential to reaching a just outcome.

The initial question that you should ask is what kind of property you’re dealing with.

In Spain, there are two types of property; community property and division of property.

to call home. This extensive network allows us to offer insights and advice tailored to the specific region you’re moving to.

At My Lawyer in Spain, you’re not just another case number. We pride ourselves on building personal relationships with our clients, providing personalised support that considers your unique circumstances and needs.

Embarking on your Spanish adventure should be exciting, not overwhelming. With My Lawyer in Spain, you gain more than just legal assistanceyou gain a partner who is as invested in your dream as you are.

Don’t let the complexities of legal procedures dampen your spirits.

Reach out to us at enquiries@ mylawyerinspain.com and mention Euro Weekly News for a consultation.

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Let us help you pave the way to a joyful and secure life in Spain. We’re more than just your lawyers; we are your partners in making your dream a reality.

Welcome to your new life in Spain with My Lawyer in Spain at your side.

Costa Blanca Office: La Marquesa Commercial Centre Office 4C Calle Miguel Ángel Jimenez, Ciudad Quesada, Rojales 03170 Alicante

Javea Office: Centro Comercial Arenal, Avenida del Pla 126, Office 2.17, Javea 03730

Costa Blanca Office & Javea offices: 966 943 219 Find out more at www.mylawyerinspain.com

Community property is acquired by both of the parties after the marriage, where as division of property is the case in which an asset is owned individually pre and post-marriage.

In the cases of common property, the Spanish Civil Code states in Article 400: “No co-owner will be obliged to remain in the common property. Each of them may request at any time that the common property be divided,” allowing a fair distribution of the property.

In these cases, especially if the property has several floors or is a plot of land, an equal distribution is available.

In the cases where the property is indivisible or the separated couple fails to make concessions, article 404 states: “It will be sold and the price will be distributed.”

This is the most common case in Spain and makes it easier to reach an agreement.

Trevor Colt PROPERTY

WHETHER you are searching for a sun-kissed villa or a quaint Mediterranean apartment, navigating the vibrant real estate market in Spain, can be equally thrilling and daunting.

While the search for your dream Spanish property can be a lot of fun, the actual purchasing process can be a nightmare of admin and additional costs.

Property transactions in Spain often entail cumbersome processes, including the use of bankers’ drafts, which can lead to delays and hefty fees, in addition to multiple in-person

Simplify your property journey with PropertyPay

trips to the bank.

Currencies Direct understands the challenges that come with purchasing a property overseas, especially in a market as dynamic as Spain’s. That’s why we’ve introduced our game-changing new PropertyPay service, tailored to make the process smoother and more efficient for anyone buying or selling property in Spain.

With PropertyPay there is now a way to streamline the end-to-end payments process, eliminating the need for traditional methods and their associated hassles.

At its core, PropertyPay is a free, secure, and 100 per cent digital service that offers instant fund guarantees and disbursements between buyers and sellers. Unlike conventional methods that can take days to process, PropertyPay ensures that transactions are executed swiftly and efficiently, saving both time and money for all parties involved.

Imagine being able to bid adieu to the days of waiting anxiously for funds

to clear or worrying about fluctuating exchange rates. With PropertyPay, buyers and sellers can rest easy, knowing that their transactions are in safe hands.

Plus, with instant fund transfers* and disbursements, there’s no need to endure the usual wait times - your property dreams can become a reality faster than you ever imagined.

But it’s not just about speed and efficiency - it’s also about saving money. Property transactions can be costly affairs, with hidden fees and unfavourable exchange rates eating into your budget.

Whether you’re purchasing a picturesque villa in Marbella or selling a charming apartment in Barcelona, with PropertyPay, you can say goodbye to those unnecessary expenses and keep more money in your pocket where it belongs.

After all, every euro saved is a step closer to turning your Spanish property dreams into a reality.

Pop into your local Currencies Direct branch or contact propertypay@

currenciesdirect.com to find out more about PropertyPay and how it could help save make significant savings whether buying or selling a property in Spain.

*The transfer of funds between buyer and seller can be instant if both have an account with Currencies Direct Spain, E.D.E., S.L

Visit us at our Spanish offices in Costa del Sol, Costa Almeria North Costa Blanca and South Costa Blanca.

Telephone UK +44 (0) 207 847 9400 Spain +34 950 478 914 euroweekly@currenciesdirect.com www.currenciesdirect.com

CREATING a zen space on your terrace in Costa Blanca involves blending the natural beauty of the region with elements that promote relaxation and tranquility. Start by envisioning a minimalist design, emphasising simplicity and calm. Begin with the flooring. Consider using natural materials like wooden decking or stone tiles, which harmonise with the surrounding environment. Incorporate a few strategically placed outdoor rugs in neutral tones to define different areas and add a touch of softness.

Furniture selection is crucial. Opt for low-profile, comfortable seating such as cushioned rattan chairs or a wooden bench with plush, weatherresistant cushions. A small, low table made from natural materials like bamboo or teak can serve as a focal point and practical space for tea or a book Integrate greenery to enhance the serene ambiance. Use a variety of potted plants, including bamboo, bonsai trees, and succulents, which thrive in Costa Blanca’s climate. Arrange them thoughtfully to create a natural, layered look.

Vertical gardens or trellises with climbing plants can also add a sense of enclosure and privacy.

Creating terrace zen

Prime Real Estate

ALICANTE’S

prime real estate market continues its upward trajectory following a busy 2023.

ACCORDING to a report from Lucas Fox International Properties, this segment is experiencing remarkable dynamism, with luxury properties fetching prices exceeding €4 million.

The surge in international demand is a key driver, leading to faster transactions and heightened interest in new construction projects.

Lucas Fox’s study reveals that the Valencian Community led home sales per population in 2023, boasting a rate of 18.08 per thousand inhabitants, surpassing regions like Murcia. Alicante and its renowned tourist destination, Costa Blanca, emerge as leaders in relative real estate activity, with 24.35 sales transactions per thousand inhabitants.

This solidifies its position as one of Spain’s most attractive destinations for real estate investment. The report highlights that international buyers are primarily seeking renovated traditional properties with ample space and views of the sea or mountains. There’s also demand for spacious modern villas, Provençalstyle houses, and beachfront apartments, particularly in sought-after areas like Playa San Juan, Cabo de las Huertas, Alicante Golf, and other select locations in Alicante.

Hot Market Alert!

IF you’ve been thinking about selling your property, there’s really never been a better time. Every potential property seller dreams of a sellers’ market, and right now, that’s what we are seeing here on the Costa Blanca. We are experiencing unprecedented demand from buyers from all around the world, together with a limited supply of properties for sale. And with more buyers competing for fewer properties, this really is the right time for you to achieve the best price for your property in the shortest time possible. In this current sellers’ market, the opportunity to achieve a swift and profitable sale has never been better. With demand far exceeding supply, today’s property sellers have a unique window of opportunity to maximise their returns. By selling your property NOW, you too can take full advantage of the high demand. And with Vistacasas by your side, you can be assured of enjoying a great selling experience.

Choosing to list your property with Vistacasas means you are partnering with a team of dedicated professionals committed to achieving the best possible outcome for you. Our extensive market knowledge, innovative marketing techniques, and personalised service ensure that your property will stand out and attract serious buyers.

Don’t just take our word for it. Here’s what some of our clients have to say…

“A team of professionals. You can see that they have been in the region for a long time and they know themselves. After a few days the house was sold.”

“We were recommended to Vistacasas by friends who sold their property through them. We found them very professional and friendly. Our property sold in 12 days!”

“We recently had to sell my parents property in Villamartin. Vistacasas were recommended to us, and we found them to be very professional, and helpful throughout the very emotional process, our property was sold

Crowdfunding

With just €50 you can take part in crowdfunding that can reach a global level in real estate.

CROWDFUNDING in real estate uses the system of microloans in property investment; a group of people contribute any amount of money to a real estate project in exchange for profitability. Both investors and developers can benefit by receiving returns from investment and financing outside the bank.

With a large number of crowdfunding platforms, including Urbanitae, Houseres, Privalone and Inveslar, investors can commit to a project by investing in property and renting it out or reselling.

Any number of people can contribute, assembling a larger investment value in a group than they could individually; non-accredited investors can contribute a maximum of €3,000 per project by crowdfunding. With this strategy, people can access the real estate

for full asking price within two days. The video and photos of the property were so professional and absolutely stunning. I was allowed to download the video to keep as a memory of the good times spent with my parents and family, we send our best wishes to the new owners. Thank you to all the team and Vistacasas.”

Don’t miss out on this golden opportunity. Act now and you too can sell your property in a red-hot market. Opportunities like this don’t happen often. The current real estate market is buzzing with activity, with high demand and limited inventory driving up prices. This sellers’ market presents a unique opportunity for homeowners to secure top dollar for their properties.

Selling with Vistacasas means you are bringing a wealth of experience and local market knowledge to the table. Our team of seasoned professionals understands the nuances of the current market and we employ data-driven strategies to position your property for maximum visibility and appeal. We will give a precise valuation together with a strategic marketing plan that ensures your

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home stands out to serious buyers. The time to act is now. This is an unparalleled opportunity to achieve outstanding returns on your property. Don’t miss out on this moment - list with Vistacasas and let us help you navigate this exceptional market to secure the best possible price for your home.

If you only do one great thing this spring… make sure that it’s selling your property with Vistacasas!

DON’T WAIT! Seize the moment and list your property with Vistacasas today. The market is ready, and so are we. ARE YOU?

Avenida de las Brisas Urb Villagolf Commercial 27.2 Villamartin Plaza · 03189 · Orihuela Costa · Alicante 966 764 114 | 603 310 605 info@vistacasas.com vistacasas.com

sector without large investments, with competitive profit margins, sometimes exceeding 10 per cent. However, the higher the expected return on an investment, the higher the risk associated with it.

To minimise the chances of losing money, use an established crowdfunding platform, analyse the data that the platform offers you and develop your investment portfolio by taking part in numerous projects with people from across the globe.

Anna Akopyan

‘Your One-Stop Shop for International TV & Security Systems’

MISSING the TV shows, sports, films, and soaps you know and love? It’s a familiar feeling for expats living abroad. But, with over 18 years of experience and based on the Costa Blanca, Sky Engineer Pete Molloy is here to make sure you have all the entertainment you need, setting you up with access to TV channels from any country you like!

Whether you are a business needing multi-screen installations or you simply want to be able to catch up on your favourite shows, English TV in Spain offers reliable installations as well as ongoing support for all of your needs.

The experienced team specialise in repairing and upgrading community systems, installing all of the English, Spanish, German, French, Russian, Dutch and Nordic channels, including premium television. Say goodbye to loss of signal and grainy pictures for a fraction of the price of other providers.

Need your Android system updated? IPTV - the

Fifth Spot

George Cunningham

ALICANTE holds the fifth position in Spain’s luxury real estate market, showcasing significant growth alongside the sector’s nationwide momentum, which boasts approximately 41,000 properties.

Notably, Alicante experiences particularly robust growth compared to other provinces.

In terms of market share, the Balearic Islands lead the ranking with 24 per cent, followed by

future of TV viewing. Access thousands of channels and keep up-to-date on the latest box sets, movies and sports with an easy-to-use system from the comfort of your home. Forget about costly monthly payments with their free-to-air one-off payment systems. Never miss your favourite TV shows again! Get a quote from English TV in Spain, offering the best prices for international television.

SECURE YOUR HOME FROM YOUR PHONEWHEREVER YOU ARE

Ensuring our homes, possessions, pets and loved ones are safe can be time consuming. With Safe and Simple Alarms, Pete and the experienced team offer you peace of mind wherever you are with no monthly costs and tailored exactly to your needs.

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Take your security up a notch with additional window and door sensors, bolstering the defence of your property and possessions, as well as video doorbells and external 100-decibel flashing siren for an extra layer of security. Based in Torrevieja, Pete and the team are your one-stop shop for your television and security needs, offering reliable and cost-effective solutions.

Pete & Steve www.pete@englishtvinspain.com www.safeandsimplealarms.com

Malaga (22.5 per cent), Madrid (12 per cent), and Barcelona (11 per cent). Alicante secures 10 per cent of the total market share, indicating a notable influx of real estate investment into regions that previously held marginal market shares.

The luxury real estate market in Alicante attracts substantial capital from abroad, although Spanish buyers remain prominent.

European citizens, particularly from Germany, Great Britain, Sweden, Russia, and Switzerland,

contribute significantly to this market. Additionally, there’s a growing trend of purchases by US citizens and, to a lesser extent, Mexican buyers. Single-family homes, situated on the beachfront or in mountainous areas, are the most sought-after luxury properties. Buyers typically fall within the 40 to 50-year-old demographic, often holding executive positions in large corporations, seeking either a secondary residence or a holiday home.