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Costa Blanca helping to drive property sales and tourism in Spain in 2016

Posted on 07 October 2016

The numbers of property sales and tourists in the Costa Blanca have both risen this summer compared to last year, cementing the region as one of the popular places in Spain to visit and buy property.

According to new figures from Spain’s School of Property Registrars, a total of 7,901 homes were purchased in the Alicante province in Q2 2016, representing an increase of 20.7 per cent compared to the same period last year. Most of these purchases were concentrated on the province’s coastal region, which comprises the southern and northern Costa Blanca, and an estimated 50 per cent of sales were to foreigners.

Meanwhile, Alicante Airport has surpassed its own records this summer. The number of passengers handled by the airport on international flights rose by 16.1 per cent during the first half of 2016, reaching a record high.

Known as the gateway to the Costa Blanca and a hub for all those travelling to the east and south east of Spain, the airport’s increase in passenger numbers is no surprise, given 2016 has been a bumper year for tourism in Spain.

The country welcomed 10.1 million foreign visitors during August, according to figures released by Spain’s National Statistics Institute (INE), marking a monthly record and an increase of 5.8 per cent from the same month last year. During the first eight months of the year, more than 52.5 million tourists visited Spain, a rise of 10 per cent from the same period in 2015. The figure puts 2016 on track to surpass last year’s record 68.1 million arrivals for the full 12 months.

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