| Foreign Buyers Favour Alicante |
According to the latest analysis from Kyero.com, foreign buyers are increasingly looking for bargain properties and are focusing their property searches in Spain's best-known provinces. Published on July 1st 2009, the latest Kyero.com enquiry report analyses over 100,000 enquiries made by email through the site during the first half of 2009. Alicante Most Popular Alicante province has steadily increased in popularity over the years - now attracting almost 30% of attention from foreign buyers visiting Kyero.com. Málaga province has remained stable with a little under 15% of visitor attention, while Granada sits in third place. In all likelihood, this trend of popularity is a reflection of buyers finding property bargains in the provinces where there are the most properties available. Those kinds of markets - Alicante and Malaga in particular - are likely to offer buyers the biggest discounts, and better bargains. Top-5 share of enquiries by Spanish province
Price Sensitivity This bargain-hunting mindset is dramatically demonstrated with properties priced under €150K attracting 65% of visitor attention - up from 58% in 2008. At the top end, properties priced over €350K have remained relatively stable at 10% of the market, as indeed have the mid ranges of €150K-€250K remaining at 21%. |
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