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House prices increase 1.3% year-on-year in May

  TINSA provided last week more signs of the strength of the property market in #Spain , and especially property along the Mediterranean coast and the Balearic Islands. The general index, which reflects the evolution of the average price of finished homes (new and used) in #Spain , registered an increase of 1.3% in the interannual rate in May, after rising five tenths since April. All the groups analyzed show growth in their average values ​​compared to May 2020. The highest year-on-year increases in May correspond to the ‘Islas’, with a 4.6% rise, and the ‘Mediterranean coast’, with 3.2%. Below the national average, capitals and large cities show a stabilization of values ​​(+ 0.1% per month), which leaves growth in the last year at 0.4%. The average value in the group ‘Metropolitan areas’ registered an increase of 0.2% year-on-year in May, after growing by 1.7% last month. In short, property prices are moderately higher, with lots of demand on the coast and with travel still not ...

Saeta Calpe - Brand new development on sale

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  BRAND NEW DEVELOPMENT IN CALPE Making your needs come true Brand new 3 bedroom apartments with spacious terraces Sea views  Short walk from the beach and the Calpe center Fitted open plan kitchen Communal pool, gym and children's play area Garage parking and store room included in the price High quality finishes For more information, contact us  here  to arrange a site visit in person or virtually. Contact us here Here's a selection of new properties which have been added to our portfolio over the last few weeks. If you don't see what you are after,  contact us  and we will endeavour to locate it.  Altea 190,000 € Reformed two bedroom apartment with sea views overlooking Greenwich Marina. Click here to know more » Albir 115,000 € Cosy one bedroom apartment with communal pool in Albir, perfect lock up and leave apartment. Click here to know more » Sierra Cortina 249,000 € Beautifully reformed three bedroom townhouse with sea views in Mi...

Costa Blanca Property Prices - my take

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Idealista, the Spanish property portal, produced some interesting figure on "asking prices" of property on the Spanish coast. Of notable interest to us is the Costa Blanca where average asking prices since April 2020 last year have increased by approximately 3%. In short the COVID 19 pandemia has not had the disastrous effect on property prices in the Costa Blanca region. Of course, the number of transactions declined but that is now recovering, only last week the numbers from the from the Instituo Nacional de Estadistica (INE) confirmed that 47,322 property transactions were registered in March with the Spanish Property Registry offices, up 9,6% on the month   previous and a massive increase of 32,4% compared to 2020, and back at pre-COVID levels. The notaries also reported an increase in the number of mortgages signed in March, up 75% year on year. Such data demonstrates that the Spanish real estate sector has left behind the pandemia.

SUMA

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  If you are already a property owner in the #Valencia region, you may receive an email from SUMA (the regional tax collection agency) to notify you that we are now in the "voluntary" period to pay car tax and rubbish collection tax. If this is set up by direct debit, then the taxes due will be charged to your account on the 7th June. Make sure your taxes are paid on time, if not the fee charge can be 20% on top. I have received additional emails with details of each payment which will be charged to my bank account on the 7th June. If you need help with this matter, do not hesitate to contact us.

Essential Javea

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JUST RELEASED TODAY IN JAVEA MODERN LIVING IN THE HEART OF THE TOWN Brand new 2 and 3 bedroom apartments with terraces In the heart of Javea - Xabia 15 minutes walk from the beach and the marina Fitted open plan kitchen Communal pool and children's play area Garage parking High quality finishes Energy efficiency rate: B For more information, contact us here to arrange a site visit in person or virtually.

GOOD NEWS: UK buyers can visit Spain to buy a property from Monday!

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In case you missed the news this week, we can see a light at the end of the tunnel for prospective home buyers from Britain. Starting Monday 29th March, the UK's travel restrictions will include a list of specific "reasonable excuses to travel" outside the country, which includes travel in connection with the purchase, sale, letting or rental of residential property, according to new legislation. Permitted activities include visiting an estate agent, developer sales office, or show home, viewing residential properties to rent or to buy, and preparing a property for moving in. And the good new keeps on coming. From Tuesday 30th March, the Spanish government will be lifting restrictions on flights from the UK! Travellers will still have to show a negative PCR result from a test taken no more than 72 hours before arrival. In the meantime, we still have remote viewings (three carried out this week alone) and keep up to date with our property listings on www.ultimatehomes-spai...

Spring is in the air - Latest news and property listings from Ultimate Homes

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  The best property for sale on the Costa Blanca Camporrosso Village Our first buyer on this modern development was a family from Norway, they chose a home looking at plans and paid a reservation deposit when this was just dry scrub-land with "potential". That was just over two years ago and now the entire project is almost finished, due to be completed later this year. Last week, we visited some key ready apartments priced from 205.000 Euros (plus taxes) and this is now probably one of the most attractive new projects located only minutes from the beaches and all that Benidorm has to offer, yet in such a tranquil setting. If you would like to see for yourself, contact us to arrange a virtual video viewing? Want to see more details? Click here So who's longing for some Spanish sun? Here is a selection of new properties which are proving popular amongst online visitors and those lucky enough to be here in Spain. Murla, Alicante 105,000 € A two bedroom two bathroom upper fl...