Real estate market forecast for the last quarter of 2021 | Orangestate

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Real estate market forecast for the last quarter of 2021

Recovering from Covid 19 continues to be a long road but summer 2021 has seen a renewed interest in properties on the Costa del Sol. Renewed and somewhat refreshed, and with a new view of embracing a better quality of life, buyers are keen to snap up second homes on the sun basked golden coast. Many of us have seen an improvement in savings caused by the enforced break in our lives. Buying a property at the same time as providing a bolt hole away from the everyday is now highly desirable and seen as a solid investment.

Have protection will travel

International travel is back on the agenda. As confidence grows through the post-pandemic protection measures, non-resident property enquiries for Andalucia have increased. Interestingly, demand for new builds has risen dramatically by 26.2% this year, with their greater square footage and external space thought to be a driving factor.

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Call for land

With a demand for new builds comes the obvious demand for land. The land sales market in Spain has been strong in 2021 and is predicted to do so for the second half of the year and beyond.

Keeping an eye on the money

Prices have been steady but are on the way up, making now a great time to take the plunge. Title deed data suggests an increase of 0.9% in the year to date. So, you could be dreaming of spending your days on the golf course in beautiful surroundings; or maybe the beach is your go-to; or perhaps you want to experience some traditional Spanish culture. Whatever your vision of a sun-drenched lifestyle, the Costa del Sol has it all.

Second home benefits

The benefits of the Mediterranean lifestyle are well documented. You can have a slice of this lifestyle by investing in a second home set in the stunning natural beauty of Andalucia. With remote working now commonplace, you can set up a home office and enjoy the space and quality of life the Costa del Sol offers.


The future’s bright

So far, global real estate has shown a speedy recovery with the Costa del Sol amongst the top performers. With optimism for the remainder of the year, would-be buyers and sellers should take heed and use this period of. The region has always been a magnet, thanks to its natural beauty, fabulous climate and perfect blend of the modern and traditional. Now, a pent up demand and shift in priorities has given the market another boost.

Where we can help

Orangestate are specialists in Costa-del-Sol real estate. We pride ourselves on finding just the right property for your circumstances and listen to your individual needs. Take advantage of this unusual time in our lives and look to make a wise investment that you and your family can enjoy for many years. Talk to our advisors who will guide you through the variations of property available, and the benefits of each unique region of Andalucia. Start today and settle down to enjoy a good browse of our website for a taste of what you can find in this stunning part of the Mediterranean.

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