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Hormicasa Real Estate will market a new housing development in Costa Teguise:

Posted by KHADI on December 11, 2018
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The progressive recovery in the holiday home market in Spain is reflected in an acceleration of prices in enclaves of Costa del Sol, Balearic and Canary Islands, and the beginning of a positive trend change in locations where national demand is predominant.

Different studies carried out, locate the coasts where the holiday home market shows clear signs of recovery mainly in the Canary Islands, Mallorca and Ibiza, Costa del Sol, north and south of the province of Alicante, the coast of Cadiz between Tarifa and Conil, as well as like El Maresme and around Barcelona.

The prices of the holiday home have evolved upwards in the last year.

The areas where the most intense growths have been registered in the last year are Mallorca, Ibiza, Lanzarote, Fuerteventura and certain municipalities of Pontevedra, Huelva, Alicante and Malaga.

According to the Tinsa appraiser, among the locations where the stock is practically non-existent (19% of the areas), Ibiza stands out; Coasts of Conil and Tarifa (Cádiz); Fuerteventura, Lanzarote and south of Gran Canaria, as well as the Basque coast. Therefore, the new housing development in Lanzarote of the Hormiconsa construction company, which will be managed by Hormicasa Real Estate, is a very good investment, either as a holiday home or as a first home for Canarian residents.

The new homes are located in the area of ​​Costa Teguise, where Hormicasa has recently sold another development of semi-detached and semi-detached houses of the same construction company at the entrance of Costa Teguise, but these new homes for sale are 28 independent chalets, in two floors, and are located at the corner of Las Piteras street and Golf Avenue.

According to Ana Fernández, its commercial director: ‘The sale price, at the moment we can not provide it because we are with the studio, but you can consult all the information on our website

hormicasa.es or by calling: 928 800 543.

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