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Alicante’s Property Boom

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Figures that have been released this week have shown that in 2015, the Alicante province are pumping an average of €2.25 billion a year into the provincial economy just on foreign property buyers.

This makes it eclipse the total export sales of industries (by around 8%) such as:

•    Shoes
•    Toy
•    Marble

Data complied shows that the total spend of foreign buys was €2,248 million, a massive 13.4% more than in 2014, when the figure was €1,983 million. The 2015 figure is also 70% higher than in 2010, when it was €1,339 million.

 

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