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Moraira Costa Blanca propertymarket report 2008

This area located in the north of the Costa Blanca has registered a decrease in prices of approximately 10-15%. However, good quality property is still selling at all levels.

Here the buyer can purchase a two bedroom apartment for €180,000 – €300,000 and villas in the region of €400,000 – €700,000. Land is still a good buy particularly bearing in mind that the availability of good plots in now scarce.

Villas and apartments are still the most popular properties with more buyers demanding contemporary design. The British dominate the market in this area followed by the Spanish. Many clients retire here and fulfil their dream of living by the sea enjoying the excellent climate, beautiful countryside, golf courses, sophisticated infrastructure and excellent services.

The local office highlights three areas for the prospective buyer – Moraira, Benissa and Benitachell where a new apartment with sea views to Ibiza, can now be purchased for between €150,000 – €180,000.

Moraira Costa Blanca Property Prices

TYPE AV. PRICE € PRICE INCREASE 2006 VS. 2007 AV SALE PERIOD IN MONTHS
Villa with views, 4 bed, 350m2 800.000 € – 15 % 30
Villa no views, 4 bed, 350m2 700.000 € – 15 % 30
Apartment with views, 2 bed, 100m2 320.000 € – 15 % 18
Apartment no views, 2 bed, 100m2 300.000 € – 15 % 24
Country house, 3 bed, 350m2 600.000 € – 15 % 24
Townhouse, 3 bed, 180m2 280.000 € – 15 % 18
Plot m2 150 – 220 € – 10 % 18

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