Every third foreign investor buys a house on the Costa Blanca

Every third foreign investor buys a house on the Costa Blanca

Costa Blanca in Spain is still the most attractive and popular region for foreign investors. According Kyero.com, from July to December 2012, the number of real estate’s transactions on the Costa Blanca (Alicanteregion) accounted for 33% of the total. Malaga province attracts 15% of all foreign buyers in Spain, followed by Murcia (6%) and Tarragona(5%).

The most popular types of property on the Costa Blanca for foreigners are apartments (37%), houses (29%) and country houses (17%). As for the apartments, the most interesting are the three-bedroom (33%) and 2-bedroom (31%).

In Alicante foreigners are interested in apartments in the price range 50,000-150,000 euros (46% of all requests) and less than 50,000 euros (22%).