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Costa Blanca South 23 Feb – 1 March 2023 Issue 1964

Page 1

Issue No. 1964 23 Feb - 1 Mar 2023

COSTA BLANCA SOUTH • EUROWEEKLYNEWS.COM

BOOM TIME

ALICANTE’S housing market has become one of the hottest in the country by number of sales according to the latest report from the As­ sociation of Registrars, re­ leased on Thursday, February 16. The report found that prop­ erty sales increased by a stag­ gering 37.9 per cent in Ali­ cante Province in 2022, with a total of 49,977 homes sold. The astonishing figures mean that property sales in­

Properties in Alicante sold at a rate not seen since 2007 during 2022 as the market rebounded post-Covid.

Airport recovery IT is good news for Spain and tourism as AENA net­ work of airports has con­ firmed that it has exceeded pre­pandemic data for the first time since Covid, reaching a whopping 16,930,100 passengers in January 2023. It looks as though things are really starting to pick up as AENA (the airport man­ agement group which in­ cludes Alicante­Elche Miguel Hernandez Airport) closed the first month of the year 2.1 per cent up on the same

month of 2019 and 62.7 per cent more than in 2022. Alicante­Elche Miguel Hernandez Airport saw 795,148 passengers through its doors in January (+1.3 per cent more than the same month of 2019 and +68.1 per cent more than January 2022). Of the total number of travellers recorded in Jan­ uary, 16,858,135 were com­ mercial passengers, of which 10,724,913 travelled on international flights, a 99.2 per cent recovery from

January 2019 and 72.1 per cent more than in 2022, and 6,133,222 travelled on do­ mestic flights. This figure is 7.3 per cent more than pre­pandemic and 49.3 per cent more than last year.

creased more in Alicante last year than anywhere else in the country. In fact, Alicante’s closest competitor on the list was Las Palmas where sales increased by 32.2 per cent. The huge increase in prop­ erty sales in Alicante places the region in third place for properties sold in total during 2022 after the country’s biggest cities, Madrid and Barcelona who recorded 83,388 and 66,537 sales re­ spectively. The figures are almost un­ paralleled, representing the largest volume of property sales since the market boom of 2007 when 52,816 proper­ ties were sold. Property experts are credit­ ing Alicante’s property boom to foreign interest in the mar­ ket, particularly after the pan­ demic. However, they high­ lighted that sales slowed in the final quarter as interest rates rose.

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