Having waved goodbye to what was a relatively tough year for the global property market, Kyero.com’s latest analysis of the popular Spanish property market highlights some interesting findings, identifying that foreign buyers will continue to look for bargain properties focusing in Spain’s best known areas.
Kyero.com’s enquiry report analysed almost 130,000 enquiries made by email during the second half of 2011 showing that between July 2011 and December 2011 47.3% of enquiries for properties in Spain sat within the £50k to £100k price range.
Further statistics show that across Spain 31.6% of enquiries made wanted an apartment while 32% desired a 3 bedroom property. Meanwhile, unsurprisingly over half of enquiries (55%) requested a pool.
“The Kyero.com report provides an interesting insight into what buyers want from Spanish property. In 2012, it is important to look at trends in buyer behaviour and the interest generated regarding Spanish property to identify how to grab the attention of this year’s property buyers," notes Mr. Marc Pritchard, Sales and Marketing Manager at Taylor Wimpey España.
The findings show that by province, Alicante and the Costa Blanca remain the favourite locations for foreign property hunters accounting for nearly 35% of enquiries, while Malaga in the Costa del Sol followed behind with 14.4%.
Taylor Wimpey España is one of the property developers in Spain.