Real Estate Market Report 1H 2023 - LF

Lucas Fox Spanish Real Estate Market Report / First half 2023 / Valencia & The Costa Blanca

BUYER PROFILE

H1 2023, Source: Lucas Fox data

AGREED PRICE

PURCHASE REASON AND PROPERTY TYPE

Av. price 723,548

Av. discount

Av. price Y-O-Y

Valencia city Alicante city Costa Blanca

Valencia city

-4.%

63%

46% 25% 18% 11% 82% 18%

PRIMARY RESIDENCE SECOND HOME

625,000

-8%

41%

INVESTMENT GOLDEN VISA

829,862

-4%

13%

Created sales contracts, average agreed price, average difference between asking and closing price, and annualised change in average agred price.

APARTMENT/PENTHOUSE HOUSE/VILLA

Alicante city

BUYER PROVENANCE

50% 50% 50% 50%

PRIMARY RESIDENCE INVESTMENT

APARTMENT/PENTHOUSE HOUSE/VILLA

Costa Blanca

69% 17% 10% 3% 62% 31%

SECOND HOME PRIMARY RESIDENCE INVESTMENT UNKNOWN HOUSE/VILLA APARTMENT/PENTHOUSE COUNTRY HOUSE PLOT

EU EUROPE (NON EU) NORTH AMERICA OCEANIA ASIA

52.5% 27.1% 11.9% 3.4% 1.7%

3% 3%

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