Almost 36,000 new homes were completed between January and August this year, 39.7% more than the same period last year. This figure brings new-home completions back into growth territory after nine consecutive years of contraction that saw building completions fall 94% between 2007 (when 641,419 properties were completed) and the end of 2016.

Of the homes completed by August, the vast majority (97.8%) were built by private developers and just 2.2% by local councils. Compared to 2016, new-build construction by private developers went up by 38.4%. It is important if buying a new off plan property to ensure that the developer offers full bank guarantees to cover all deposits paid. This will ensure that you will get your money back if the property is not built by the developer within the agreed time period.

Reports indicate that property prices in Spain could increase by as much as 5% in 2018, thanks to rapidly increasing demand that has been buoyed by booming tourism in the nation that has become the most popular holiday destination in Europe.

Spain has now enjoyed its sixth year of record-breaking visitor numbers and its property markets in tourist hotspot areas is seeing the significant benefits.

The news comes after Solvia, the property division of Sabadell bank, forecast average increase in house prices of 7.3% across the country by 2020, whereas Bankinter predicts a 5% increase in 2018 alone...

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We have below a small selection of our best buys for this month.

2 Bed Apartment Roda Golf Resort 125000 Euros

2 Bed Apartment La Torre Golf Resort 69950 Euros

2 Bed Beach Apartments Campoamor 114000 Euros

3 Bed Beach Apartments San Juan De Los Terrenos 158000 Euros

3 Bed Semi Detached Villa Sucina 115000 Euros

3 Bed Quad Villa With Pool Los Balcones 163000 Euros

3 Bed Terraced Villa Villamartin 198000 Euros

3 Bed Villa Close To Beach At Los Alcazares 230000 Euros

4 Bed Semi Detached Beach Villa Torre De La Horadada 210000 Euros.

If you would like more information for any of the above properties do not hesitate to contact us at  [email protected]

Alternatively please forward us your property wish list and budget and we will provide you with a shortlist of suitable properties in locations that meet your requirements. Contact us NOW [email protected]

Our latest happy clients review from Fergus and Jill Byrne, Scotland.

We recently used the services of Chersun to purchase our first overseas property and I have no hesitation in recommending this highly professional and knowledgeable company. We dealt with Paul who as well as being highly personable was extremely patient in explaining all aspects of the buying process. Paul was very helpful to us, taking the time to make sure we selected the right property for us and at no time did I feel under pressure to buy. Paul was highly professional and I found him to be honest, trustworthy and someone I had confidence in to tell it as it really was. Once we had agreed a purchase price with the vendors, Paul was able to put us in touch with Spanish solicitors and currency transfer agents. The transaction went through last week and the process was much easier than house purchase in the UK.

We are extremely grateful to Paul at Chersun and if you are looking to fulfill your dream in the sun, give Chersun a shout now.

Our Client Reviews.

We are pleased to announce that our daughter Suzanne gave birth 4 weeks ago to a beautiful healthy daughter named Clara. We will have Clara trained up soon as she will be accompanying Suzanne to work most days, the benefits of a family business. 

If you are considering purchasing or selling a spanish property do not hesitate to contact us we are here to help you. Our family business will help and answer the questions that you may have. If you would like us to call you please confirm when it is convenient to call you. For more information about buying and selling spanish property go to www.chersun.com