The Region of Murcia registers positive data on the sale of housing, since thanks to the growth of the economy and the generation of employment residential demand has increased by 38.5% since 2013. In 2016, the sale of flats in Murcia increased 6.8%, consolidating the recovery that began in 2014.
Of the 460,000 real estate transactions that closed in 2016 in Spain, almost 14,000 occurred in the Region of Murcia and 53.7% of them were homes acquired by foreigners.
In the third quarter of 2016 3,138 homes were sold in Murcia, according to data managed by the Ministry of Public Works. The number of foreign owners included in purchases has risen by around 16% compared to 2010, the period with the lowest number of houses bought by owners from other countries. Among them the English, which represent about 70% of the sale, and the Belgians, who represent 10%, in addition to Norwegians and Germans.
By areas, the municipalities that represented the largest purchases were Murcia, Cartagena and San Javier, Mazarrón, while Murcia, San Javier and Molina de Segura highlighted Murcia. Mortgages also improve favorably, reaching almost 34% in concessions in 2016.
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