While the British market remains in pole position, other nationalities have more than made up for its weakening demand. The dramatic and sustained upturn in Spain’s economic fortunes and improving job market, for example, mean that Spanish buyers accounted for 17% of yourVIVA’s sales in 2016 – putting Spain in second place – followed by Swedish buyers (12%), Belgian buyers (7%), while German and French purchasers were in joint 5th place with 5% each.

So where the British were once the dominant force, the Costa del Sol property market is now becoming much more balanced with Danish, Norwegian, Dutch, American, Russian, Finnish and Irish buyers also forming part of the increasingly cosmopolitan mix.

So far as price brackets are concerned, while we have properties for sale with price tags ranging from €100,000 to several million euros, last year our clients were enquiring about properties costing an average of €350,000, and while all locations – both along the Coast as well as inland – continue to attract a great deal of interest, the Marbella, Mijas, Estepona, Benahavís and Manilva areas are among the most popular.

Source: Spanishpropertyinsight.com

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