September Newsletter - Murcia property recovery gathering pace

In this month's edition, we start off with more news on the ever-improving health of the Murcia region's property market, with new statistics suggesting that our area is still bucking national trends. 

Elsewhere, we've some welcome news if you've been struggling with the heat and we're announcing our new Marena Murray Open House days, where you can get a feel for what it's like to live in La Manga Club's communities. 

Top Murcia temperatures finally set to dip below 30 degrees

It's been another hot summer in the Murcia region, but reports suggest that temperatures are finally set to drop below the 30 degree threshold. 

Click here to read Top Murcia temperatures finally set to dip below 30 degrees.

Murcia property recovery gathering pace

 

It was only a few weeks ago that we shared reports that the Murcia region was bucking a trend of market stabilisation seen across Spain this year. Further data released by the Government last week and reported by Murcia Today has delved a little deeper into recent results, with some startling news on just how well the region is performing…

Overall, the country saw a year-on-year increase in property prices of 5.3% for the second quarter of 2019, which certainly sounds positive but represents the lowest rise since the final quarter of 2016. This strengthens the notion that the growth of the country’s market is slowing down, but it’s important to note the play that Spain’s region play in this due to the fact that the property bounce didn’t start in all regions simultaneously.

Madrid and Barcelona are two examples of this, with the former’s average property price rise registered as 6.5% (down from 9.7% in the previous quarter) and the latter’s 5.2% (down from 7.6% the previous month).

Murcia, however, has performed differently once again. The region’s 5.5% rise is biggest recorded since 2008, a start contrast from the numbers of 2012 and 2013 in which prices were dropping at a rate of 16%.

This is adding further support to the notion that Murcia is bucking the national trend of stability and is in rude health, which is certainly excellent news for the region and anyone looking to sell.

If you’ve a property to sell, then you’ll need someone with excellent experience of the area and expertise of what makes this region so unique. Click here to learn more about selling with Marena Murray and find out why we’re the right agent to choose.

The next Marena Murray Open House Day is coming

 

After successful Open House Days at Atalays and El Rancho, Marena Murray is proud to continue showcasing a community of La Manga Club each month!

 

Details of October's Open House event have yet to be confirmed, but each time, you'll find members of staff on hand to show you around our open properties and give you a feel for what living in these stunning communities is like.

 

To be kept up to speed with what we're up to and the details of our next Open House, why not click here to like our Facebook page?