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Date Published: 29/03/2022

ARCHIVED - Uptick in mortgages shows the Murcia Region has lost none of its shine for buying real estate in Spain

ARCHIVED ARTICLE

Interest in purchasing property in Murcia, Spain has shot up and it’s fast becoming one of the most popular destinations for expats in the country

<span style='color:#780948'>ARCHIVED</span> - Uptick in mortgages shows the Murcia Region has lost none of its shine for buying real estate in Spain

Over a thousand mortgages were issued for people to buy homes in the Region of Murcia in January, a 36% increase on last year. With the amount of capital being loaned reaching just over 88 million euros and mortgages rising by a third year-on-year, it’s clear that Murcia continues to be a hotspot for property in Spain and is growing in popularity.

According to the latest available statistics from January 2022, a total of 1,049 mortgages were taken out on homes in the Region of Murcia, which is an increase of 28.7% compared to December 2021 and 36.6% compared to January 2021, when there were just 692 mortgages.

It’s not surprising that more and more people are looking to own property in Murcia. The Costa Cálida was recently voted the happiest region in Spain, not least because of the more than 300 days of sunshine it gets each year and the capital city of Murcia even came third in a poll of the sunniest cities in Europe.

But that’s not all – the region is becoming more widely known among expats and retirees for its selection of excellent golf courses and its miles of sandy beaches, providing a quality of life that is unmatched.

Due to the increased demand, popular places to buy property in Murcia such as urbanisations and towns near Cartagena actually experienced a surge in home construction requests at the end of 2019, when most places in the rest of Spain were shutting down because of Covid.

It’s clear that now is the best time to get in on the ground floor by buying a home in Murcia before the rush hits. Specialist real estate experts based in the area, like Micasamo Realty, offer fully organised trips to discover all the best places to buy in Murcia, including flights, hotels and transport, as well as meeting with local lawyers and professionals to answer any questions you may have about purchasing property in Spain.

You can see all the properties that Micasamo have for sale on the Costa Cálida and Costa Blanca here, or contact them today using the form below for a free, no-obligation consultation.

Image: Micasamo Realty

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Welcome to Micasamo Realty and company owners The Brown Family from the hit Channel 4 TV show, "Sun Sea and Selling Houses". We are a premier real estate agency dedicated to providing exceptional services to our clients. With a commitment to excellence and a wealth of industry experience, we are here to assist you with all your real estate needs.

Located in the heart of La Manga Club on the Costa Cálida, Micasamo Realty has established itself as a trusted name in the local real estate market. Our prime location allows us to have an in-depth understanding of the area's dynamics, market trends, and property values, enabling us to offer valuable insights and guidance to both buyers and sellers.

At Micasamo Realty, we offer a comprehensive range of services to cater to various real estate requirements. For buyers, our expert team of agents is dedicated to helping you find the perfect property that aligns with your needs, preferences, and budget. We listen attentively to your criteria and utilise our extensive network and resources to locate suitable options, arrange property viewings, and guide you through the entire buying process.

For sellers, we employ innovative marketing strategies and utilise the latest technology to showcase your property in the best possible light. Our team of skilled professionals will handle every aspect of the selling process, from pricing your property competitively to negotiating offers and ensuring a smooth transaction from start to finish.

Additionally, we provide specialised services such as property management, property rentals, investment consultation, and relocation assistance. Whether you are a first-time buyer, a seasoned investor, or looking to relocate, our dedicated team is here to provide personalized solutions tailored to your unique circumstances.

Micasamo Realty takes pride in delivering exceptional customer service, fostering long-term relationships, and exceeding expectations. We are committed to transparency, integrity, and professionalism in every transaction, ensuring that your real estate journey is a seamless and rewarding experience.

Contact Micasamo Realty today and let us guide you through the exciting world of real estate with our expertise, passion, and unwavering commitment to your success.