The publication of the last International Homes Sales Report in Spain has not disappointed expectations. As it had been pointed out by various credible sources, property sales to foreigners in Spain grew during the first quarter of 2018, registering a year-on-year increase of 5.2% (with just over 22,000 completed sales). This is, without doubt, great news that also reveals important secondary trends.
Alicante, the Province Most Open to Foreign Investors
The Alicante coast continues to enjoy its popularity with the foreign market. Between January and March, sales to foreigners in this province accounted for almost half of the signed contracts (49%), with a growth of 14% over the same period of 2017. There is no doubt that the Costa Blanca resort has achieved a very solid position among the European investors, especially the British, German and Nordic buyers.