A new year is underway and with it a host of new resolutions for 2022. Going to the gym, eating more healthily, learning a new language…. or what about finding the house of your dreams. There are many people who, after two years of enforced confinement due to coronavirus —either for long periods or in specific situations —want to enjoy more outdoor space where they can relax and chill.
Then there are others who are thinking of buying their first home in Spain and they have decided that 2022 is the ideal year to do it. If you come under one of these categories, we can assure you that the Costa Blanca is the place for you. However, it is important and a good idea to examine expected trends in the property sector for 2022.
The property sector, dependent on COVID-19
The ravages of coronavirus over the last two years continue to influence our lives. The property sector is just one more area affected, as this crisis has impacted every aspect of the economy.
Nevertheless, the DBK Sector Watchdog is optimistic. The fact is that, in the short and midterm, the property market is set to improve its economic situation. Furthermore, the Euribor is currently showing negative values and will continue this downward trend, which is good news for requesting finance when you are buying a property.
In turn, the Asociación Española de Personal Shopper Inmobiliario ( the Spanish Association of Property Personal Shoppers known as AEPSI) estimates that from 2022 to 2025, 550,000 homes will be sold annually.
Other purchaser requirements
Another reason behind the growth in house buying in Spain according to the AEPSI is the increase in remote working from home. This factor has had a considerable influence on property sales in coastal areas such as the Costa Blanca. And the fact is, the sea is a necessary part of daily life! They confirm that autonomous regions such as Andalusia, Catalonia and the Comunidad Valenciana, not to mention our own province of Alicante, are the areas where most people will be buying.
And VAPF’s villas and apartments are the ideal choice for getting away from the hustle and bustle of cities, and seeking a more peaceful atmosphere. They are also great if you want to gain more space, both indoors and outdoors, in your home.
New build homes will account for a considerable portion of sales, as clients are increasingly demanding more in terms of relatively current criteria such as energy efficiency. At VAPF this is something we keep in mind and that is why we are working to ensure that our villas and apartments have a high energy efficiency certification.
As you can see, the trend in 2022 in the property buying sector is on the rise and with buyers requiring high standards. At VAPF we are working to exceed our clients’ expectations. And how about you? Have you thought of buying a property in 2022? You are welcome to contact us if you have any queries which you can do just by completing our form, and you can also follow us on Facebook and Instagram. 2022 is going to be a great year for property!