Andalucia saw more property sales in 2021 than any other Spanish region
How hot does the autonomous community of Andalucia remain as a place to buy property in Spain? The short answer is, very hot, as shown by the continuing flow of statistics sure to be of interest to many of those considering purchasing, selling, or renting out Sotogrande property.
Spanish expatriate newspaper The Olive Press recently cited the College of Registrars in stating that of all Spain’s regions, the one that saw the highest number of total property sales last year was Andalucia.
The newspaper added that the national average rate of home sales in the context of the population as a whole was 11 deals per 1,000 people. It’s another sign of brisk activity in the Spanish property market during 2021, a year marked by gradual recovery from the worst of the COVID-19 crisis.
All the right ingredients for a hugely attractive property investment destination
Some of the reasons for the enduring popularity of Sotogrande property are very well-entrenched. This highly luxurious residential development in the San Roque municipality of southern Spain offers it all as far as lifestyle is concerned, with plentiful high-class bars, eateries, and sporting and leisure amenities. It also offers all the picturesque scenery and stunning sea views one would expect from such a remarkable coastal location.
It also counts for a lot, however, that the Sotogrande property market has long remained robust in terms of prices, even in past times of crisis or uncertainty for the wider world, such as the late 2000s global economic slowdown.
And right now, the region seems to be moving out of crisis, making the present moment a potentially excellent one to acquire Sotogrande property. It was recently reported by SUR in English, for instance, that some 28 million tourists are expected in Andalucia this year, with the vice-president of the Junta de Andalucia, Juan Marín, commenting: “Bookings for 2022 are up and so are the prospects for economic recovery.”
That, in turn, underlines what a fundamentally strong investment a Sotogrande property could represent for you this year and beyond, even if you never intend to live in the area yourself.
Allow our property experts to guide you to the right solutions
Are you ready to discover how rewarding life as the owner of Sotogrande property could be for you? With property market experts having said that homes in the locality could become trickier to come by – with such supply issues perhaps helping to drive up prices – it is important to be mindful that any hesitancy now could affect how far your budget could go as a would-be buyer.
So, don’t wait any longer to get in touch with the BM Sotogrande team. You are welcome to call us, send us an email, or visit our offices in-person, so that we can begin advising you on the potential next steps to take in your Sotogrande property adventure.