Playa Del Ingles knocks Torrevieja off the top spot
- More second home buyers searching in Playa Del Ingles than Torrevieja (Kyero.com)
- Average property value sought in Gran Canaria hotspot, Playa Del Ingles, is €165k
- Torrevieja remains firm favourite with buyers on a budget
Figures from the past month show that more buyers are searching for properties in the stunning Gran Canaria location than in the traditional favourite within Alicante province.
Richard Speigal, Head of Research at Kyero.com, comments,
“Torrevieja is such a renowned hotspot and so popular with buyers of overseas property that we were surprised to see it had lost its crown to Playa Del Ingles. While both destinations are incredibly popular with those seeking sun, sand and good value homes, it’s the first time that our monthly search data has shown Playa Del Ingles to be the favourite.”
Buyers are searching for properties with an average value of €165,000 in Playa Del Ingles, which is sufficient for a two-bedroom apartment in a good location, with either sea views or a pool.
However, those still opting for Torrevieja are on something of a tighter budget, with the Kyero.com figures revealing an average search price of €116,000. That’s enough for a two to three-bedroom apartment with sea views, or even a three-bedroom villa with pool for those happy to live on the outskirts of town.
So, has Playa Del Ingles knocked Torrevieja off the top spot for good?
Unlikely, believes Kyero.com’s Richard Speigal. “Torrevieja has all the elements that make up the perfect Spanish holiday home destination,” he explains. “Playa Del Ingles does too, with both destinations boasting stunning coastline, fantastic food, a welcoming community and great weather. However, Torrevieja has the added advantage that buyers can get more for their money. Ultimately I believe that’s what will push Torrevieja back to the top spot before long.”
For further details, visit www.kyero.com.