Wednesday, January 09, 2013

Signs of improvement

House sales are rising in the Vega Baja in spite of a decrease last year for the country as a whole. Unfortunately for the builders it is the resale market that is benefitting most. The demand for houses by the beach is being led by the British with the Russians a close second followed by Norwegians, Belgians and the French. 

The fastest growing market for houses on the Costa Blanca is in Russia where the cold winters are driving people to wanting somewhere warmer in the sun. This will not help those desperate to sell on our estate though because the Russians demand houses in the 200,000 euro plus bracket located near to a beach. Although some residents will have paid more than that for their houses, the current values are far lower and Bigastro is a good twenty minutes from the nearest beach.

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