Spanish Driving License in English

November 3, 2022 (updated November 3, 2022) Published by LGC

Get Your Spanish License to Drive

There are two conceivable situations for acquiring a Spanish driver’s license for non-Spanish speakers:

Obtain the required exams (For non-EU citizens and EU citizens that do not have a driving license). In other words, obtaining a Spanish license from the beginning. The best and most hassle-free approach in this situation is to choose a nearby English driving school that will offer you with the required instruction and resources to earn your driver’s license.
To exchange your national driver’s license for a Spanish one (For EU/EEU citizens, non-EU nationals whose home country has an agreement with Spain, and those with a particular occupation).
Each of these two methods for obtaining a Spanish driver’s license will be discussed in further detail below.

Who is permitted to drive in Spain?

Anyone who is at least 18 years old and possesses a valid driver’s license from their home country is permitted to drive in Spain.

During the first six months (for non-EU nationals) or two years (for EU/EEA nationals) after acquiring an official Spanish residency permit, non-EU nationals and EU/EEA nationals are permitted to use their national driver’s license. If your driver’s license is not in Spanish, you must carry a translation or an International Driving Permit (IDP) at all times when driving in Spain.

After this first term, residents must get an official Spanish driver’s license by passing the theoretical and practical driving exams (non-EU nationals) or by exchanging their driver’s license from their home country for the Spanish one (EU citizens; citizens of countries that have an agreement with Spain and holders of special occupations).

Citizens of other EU nations may drive lawfully in Spain for two years with their national license, but they must register their information with the Traffic Department (DGT – Dirección General de Tráfico) after the first six months.

How to acquire a Spanish driver’s license whether you are a non-EU citizen with a valid national license or an EU citizen without a license.
As stated earlier, people of countries outside the (EU)European Union and (EEA)European Economic Area are only permitted to use their national driver’s license for a period of six months beginning on the day they register as residents. Note that if your driver’s license is not written in Spanish, you must always carry an official translation or an International Driving Permit (IDP).

The International Driving Permit (IDP) is a legal document that converts your national driver’s license into ten languages, including Spanish. The IDP is not valid on its own; you must always have your national driver’s license with you. IDP must be applied for outside of Spain and is valid for one year.

After six months of residency in Spain, your national license will no longer be valid, and you will be required to get a Spanish license. At this time, you can either take theory and practical driving tests to obtain your driver’s license or exchange your national driving license for a Spanish one if you are from a non-EU country having an agreement with Spain (For more details on exchanging your driving license procedure please read below).

Exams for the Spanish License to Drive

Yes, sadly, even if you have a driver’s license from your home country, you will still need to go through the entire process of obtaining a Spanish driver’s license. It is inconvenient, yet there is no other way to receive it. At least we have the option of taking the Spanish driving exam in English, so be patient and go for it. The processes involved in acquiring your driver’s license in Spain are outlined here.

The Driving Exam has two parts:

A theory examination consisting of 30 multiple-choice questions, of which you must answer 27 correctly to pass.
A practical driving exam that lasts around 30 minutes and consists of a 10-minute guided drive and a 10-minute unguided drive in any direction of the examiner’s choosing.
You have the option to take the theoretical exam in English and the practical driving test in an automated vehicle. (In this instance, your license only allows you to operate automobiles with automatic transmission.)

Where to Register for Driving Exams

The Traffic Department (Dirección General de Trafico – DGT) accepts applications for both the theory and practical driving tests.

You may complete the entire procedure on your own or with the assistance of a local driving school that will help you through each stage. In Spain, it is normal practice for driving schools to include all documentation filing and registration services in their training packages. This makes the driver’s license process less daunting and allows you to concentrate only on exam preparation.

Documents required for test registration:

Medical Certification of Your Mental and Physical Health Obtained from an Authorized Drivers’ Check Center (See the list here.)
Application Form for the Spanish Residence Permit – NIE/TIE Card and Application Fee
Two passport-size Photos
Verification of your permanent residence (Certificado de Empadronamiento, obtained in Ayuntamiento)
Self-declaration that you do not possess a comparable driver’s license
Self-declaration, under penalty of perjury, that no suspensions or legal actions restrict you from driving.
Required study materials include:

English Driving Theory Manual (Includes 16 chapters covering all the theoretical driving content)
Multiple-Choice Exams for each Chapter in the Theory Manual Exam-Style Tests (Substantially beneficial for theory test preparation, as you are exposed to several variations of possible problems in the shape of 30 multiple-choice questions; excellent practical preparation)
Driving lessons with an instructor who speaks English. (the number of lessons required is dependent on your prior driving experience and familiarity with Spanish roadways).
You may also choose to take Intensive Driving Theory Classes on-site. (Classroom-based theory classes are the most effective kind of instruction for exam preparation, particularly if you are taking a driving exam in a foreign nation. Interaction with the instructor allows you to ask questions and clarifies complex areas of the Spanish driving legislation.

Expenses to take into account:

Traffic Department Charge or Tax ( 93 euros)
Fee for Driving School lessons and study materials
Practical Driving Instruction
Fee for the Driving Exam
Medical Certificate Fee
Think about these:

Check with your local driving school, as they frequently offer package offers that cover many services at a discounted rate, so saving you money and a great deal of mental effort.

You have two concurrent tries to pass both of your tests. If you fail your first theoretical exam, you will not be allowed to take your first practical driving exam, leaving you with just one shot at both the theory and practical examinations.

After passing the theoretical exam, your license will be valid for two years. Consequently, you must complete your practical test within two years

If you fail your practical test, you must retake it no later than six months after your last try; if you fail to do so, you will be required to pay Traffic Tax again.

After passing your Driver’s Examinations

After passing both exams, you will obtain a temporary driving permit that will allow you to drive freely in Spain. Your temporary license will serve as a replacement for your original Spanish license until it comes. Original driver’s licenses often come in one month (this may vary, as we are located in Spain). You will also receive a L sign that you are required to display on the back window of your car for one year. You are not required to do so, but it is strongly advised that you do so in order to avoid potential risks when driving on Spanish roads.

How to acquire a Spanish license by swapping your home country’s license.
Who Can Swap Their Driver’s License?
EU/EEA citizens who possess national driver’s licenses
Citizens of non-EU Countries with which Spain has an agreement
How to obtain a Spanish driver’s license for nationals of the EU/EEA
As stated at the outset of the article, all EU/EEA nationals are permitted to use their national driver’s license in Spain. However, after the initial six-month term, they are required to register with the Traffic Department (DGT). After registering, individuals must undergo a medical examination at an Authorized Driver’s Check facility (Centro de Reconocimiento de Conductores Authorizado). In addition, after two years as a resident, they are required to receive a Spanish driver’s license, which they may do by exchanging their national license for a Spanish one. If you refuse to alter your license after two years of residency and are found driving, you will be fined 200 euros. If you desire, you can switch your license at any time; you are not need to wait two years, but you must not exceed this timeframe.

If you are a citizen of the European Union and wish to switch your driver’s license, there are a few things to keep in mind. First, you must comply to the same criteria as a bearer of a Spanish license.

This incorporates: undergoing essential medical examinations.

As soon as you Exchange your license, your national license will be changed into a Spanish EU license.
This license must be renewed every 10 years until age 65, and every 5 years thereafter. You may be required to acquire a new Spanish driver’s license if you have accumulated too many demerit points.
The Traffic Department also handles the driving license exchange application procedure. Here is a list of documents required for the procedure:

Passport or National ID card valid
Evidence of Spanish Residency (your NIE card or the NIE number will be necessary here)
Form for applying (Filled in and printed)
Paid Tax Form Modelo 791 (may be received at the Traffic department in person or on the official website, you must select 2.3 from the drop-down menu.
Payment evidence for the Modelo 791 Form (28.30 euros)
Two Photos (32x25mm)
Your existing license that you wish to replace (copy and original document)
If you are going to collect all the paperwork and complete all the processes on your own without the aid of a driving school, we advise you to contact your local Traffic Department for all the specifics. Whether it be a list of required papers, application forms, or taxes to be paid. It is highly encouraged to double-check the information with your local traffic department, as rules are subject to frequent modification. In many traffic departments, you must schedule an appointment beforehand.

How to Obtain a Spanish Driver’s License for Non-EU Nationals with an Agreement with Spain
Spain has an agreement with more than 20 non-European nations that permits people of other nations to exchange their national driver’s licenses for Spanish licenses without completing driving exams. It is advisable to double-check with your country’s consulate/embassy or the local Traffic Department, as the list of nations changes very frequently.

The Padrón (Certificado de Empadronamiento).

March 9, 2022 (updated January 27, 2023) Published by LGC

Padrón (Certificado de Empadronamiento).

The Empadronamiento, alternatively referred to as the Padrón Municipal de Habitantes, is a type of municipal register or census record, comparable to an electoral roll. To “empadronarse” on the Padrón is to register. By registering with the empadronamiento, a resident of a town is added to the list of local residents.

Anyone intending to remain in Spain for longer than six months each year must register with the Padrón Municipal de Habitantes. Individuals or families may register. To register, one must be ” empadronado.”

The Ayuntamiento (town hall) receives revenue for services such as policing, health centers, cleaning, and maintenance for each person registered in a municipality. The register is used to keep track of how many people (legal or otherwise) reside in a community.

Why you should consider purchasing a Padrón.

By registering on the Padrón Municipal, the registrant establishes their status as an official member of the community and certifies their presence in Spain, which is advantageous in a variety of situations.

Foreigners without valid documentation (expired visa or no passport) must also register; no penalties are imposed, and no legal residency certificates are made available. The Certificado de Empadronamiento is a completely distinct administrative process from the application for residency.

The Certificado de Empadronamiento is used differently in each administrative region. It is required in Madrid, Andalucia, and Valencia (among other places) to carry out a variety of tasks. This is not the case in all regions of Spain.

The Padrón may be necessary in order to accomplish the following:

Purchase or sell a vehicle
Enroll a child in a school
Submit an application for the NIE (Numero de Identification de Extranjeros)
Submit an application for residency (Residencia)
Marry
Cast your vote
Submit an application for a local health insurance card.

The Empadronmiento must be registered in person at the town hall or neighborhood administrative office in the majority of communities (Junta Municipal). Online registration is available in some places.

The following documents are necessary to register a Padron:

A duly filled application (available at the office where registration is being made)
Identification in the form of a passport and a photocopy; if enrolling as a family, identification is required for each member.
Address proof, such as a utility bill, rental agreement, or a copy of the property title deeds (escritura)

If the tenant is not identified on the rental contract, they must also furnish the following:

A completed Autorización de Empadronamiento (available from the town hall), which requires the individual holding the rental agreement to be registered on the Padrón Municipal as well.
A photocopy of the leaseholder’s government-issued identification.

In some places, the local police will confirm the address by paying a visit to the residence.

Normally, on the day of application, a Volante de Empadronamiento is issued. This is a temporary version of the Empadronamiento Certificado that is acceptable for official reasons. Certain localities impose a minor cost for granting the Empadronamiento Volante.

To be regarded a valid proof of address, the Certificado de Empadronamiento must have been granted within the previous three months (and is generally only required for national or foreign bureaucracy). At any time, the Ayuntamiento can issue a current Certificado de Empadronamiento (for example to buy a car or apply for the NIE).

The Empadronamiento is being renewed.

Non-EU nationals without a permanent residence visa must renew their Empadronamiento registration every two years. EU citizens residing in Spain on a permanent basis should renew their registration every five years (as must Spanish nationals who are resident in Spain). Although some regions send renewal reminders, this is not usual; it is the individual’s obligation to renew their registration on time.

Births, deaths, and address changes

A change in status (birth, marriage, relocation) must be reported to the Municipality of Padrón.

When relocating within the same community, the Padrón Municipality must be notified.
If you relocate to a different municipality, you must redo the registration process. The current community should notify the previous community of the change once it is registered.
When leaving Spain, it is necessary to notify the town hall or Junta Municipal in order for the Padrón to be updated.

Public Holidays On The Costa Blanca

January 2, 2022 (updated January 2, 2022) Published by LGC

Because there are so many of them each year, public holidays are a national treasure!! They are taken on the precise day they fall, whether it is midweek or weekend, and include a mix of religious Roman Catholic, national, and regional ones. The holiday is not moved to Monday or Friday, as is common in other nations, to create three-day weekends. This means that a significant number of individuals take days off, or ‘puentes,’ to create lengthy weekends lasting four or five days! Each municipality is allowed a maximum of 14 public holidays per year, known as’red days,’ with a maximum of 9 designated by the national government and at least 2 decided locally.

During a public holiday in Spain, everything closes down except pubs, cafes, restaurants, emergency services, and a few retailers such as gas stations. Nothing is open, so make sure you prepare ahead for national and regional holidays!

There are other local public holidays, as well as the ‘Dia de Valencia,’ which is celebrated specifically in the province of Valencia on October 9th. The following public holidays are honored across Spain:

Public Holidays in 2022

The following is the list of public holidays in the Valencian Community, Spain in 2022.

Holiday	Date	Weekday	Note
New Year’s Day	Jan 01, 2022	Saturday	Public Holiday
Epiphany	Jan 06, 2022	Thursday	Public Holiday
St. Joseph’s Day	Mar 19, 2022	Saturday	Regional Holiday
Good Friday	Apr 15, 2022	Friday	Public Holiday
Easter Monday	Apr 18, 2022	Monday	Regional Holiday
Labour Day	May 01, 2022	Sunday	Public Holiday
Day of the Valencian Community	Oct 09, 2022	Sunday	Regional Holiday
National Day	Oct 12, 2022	Wednesday	Public Holiday
All Saints’ Day	Nov 01, 2022	Tuesday	Public Holiday
Constitution Day	Dec 06, 2022	Tuesday	Public Holiday
Immaculate Conception	Dec 08, 2022	Thursday	Public Holiday
Christmas Day	Dec 25, 2022	Sunday	Public Holiday

British Visitors To The Costa Blanca

November 9, 2021 (updated November 9, 2021) Published by LGC

Visitors from the United Kingdom to the Costa Blanca

The Costa Blanca, on Spain’s eastern seaboard, boasts approximately 120 miles of soft, sandy beaches set against a backdrop of clear blue skies and a warm, inviting Mediterranean sea, which is understandable given that the British are accustomed to a small, cold, and wet climate in their home country of Scotland.

In addition to magnificent beaches close to old towns such as Denia, there is a wide variety of sites both on the coast and in the interior of the region, which contributes to the Costa Blanca’s status as one of Europe’s most popular tourist destinations.

Tours To Spain On A Budget

It appears that the typical package tours to Spain, the kind that we are all familiar with from our childhood, were first introduced around 1957 by British European Airways, which began flights to Valencia. It is also believed that the name “Costa Blanca” was coined by travel companies to help promote tourism in the area.

Additionally, this included additional Costas such as the Costa del Sol, Costa Tropical and so forth;’ Everything revolves on marketing. Moreover, who could possibly resist the alluring offers of guaranteed sun, inexpensive drinks and food, beautiful beaches, and the prospect of experiencing something new and exciting?

The beginning of the 1960s saw the introduction of regular charter flights for package deals, which included the flight, a hotel and transfers. Euravia operated out of Manchester and Luton airports, allowing many people to take their first affordable trip outside of the United Kingdom at a reasonable price.

Tourist numbers to Spain declined significantly during the 1970s, with one incident in particular resulting in a significant drop that did not recover for some time: on 15 August 1974, tour operator Court Line went bankrupt, stranding an estimated 55,000 people abroad and causing an additional 100,000 people to lose their holiday deposits.

Spain saw that one option to rebuild the country’s economy after the death of dictator General Franco was to engage in mass tourism again, but on a greater scale, and this resulted in a tremendous increase of hotel construction, which was particularly visible in resorts such as Benidorm.

Tourism From the United Kingdom in Spain.

Tourism continues to account for a significant portion of Spain’s national economy, and each year hundreds of thousands of people travel to the country for a week’s vacation in the sun, many of them from the United Kingdom, but also from Ireland, Holland, Germany, France, and Scandinavia. Many British tourists continue to visit on low-cost package tours, but they often lose out on the local culture since they tend to stay solely in resorts that cater to British tourists, in British pubs, watching British television, and eating British food. Perhaps this is why so many British people enjoy their time in Spain, but even more people are finding a Spain that is distinct from the one shown in tourism brochures.

Booking Your Costa Blanca Vacation

Nowadays, especially with the availability of such conveniences as the Internet, many individuals choose to put together their own package vacation, customizing it to meet their own needs, preferences for where they wish to travel, and financial constraints. The ordinary vacationer now frequently purchases their flights with one of the low-cost carriers, such as EasyJet or Ryanair, and then, after the flight schedules have been verified, they may book their rental car via the same company. As soon as you have completed all of this, which can often be done from the comfort of your own home, it is time to choose the area in which you wish to book your holiday accommodation. The Costa Blanca offers an abundance of options for where to stay, and Spain holidays, of course, offers an abundance of wonderful places to stay as well!

So, after all of the facts are in place, the type of accommodation you require will be determined by your individual circumstances. If you have children, for example, a beachfront apartment in a family-friendly resort such as Calpe might be ideal for you to rent. Alternatively, and if money is not a constraint, a luxury villa with a private pool might be a suitable alternative option. Let your imagination go wild as you picture the view from your balcony out over the pure blue seas of the Mediterranean sea.

Costa Blanca People

October 29, 2021 (updated January 27, 2023) Published by LGC

The Costa Blanca has long been recognized as one of Spain’s most popular tourist destinations. When mass tourism began in the 1960s and 1970s, it was one of the first “sol y playa” (sun and beach) attractions for northern Europeans looking for sun and sand. It was during this period that the charms of Benidorm, Calpe, and Jávea were discovered by the British, Germans, and Scandinavians, and that a week in Benidorm was advertised as a more affordable alternative to Blackpool or Bornholm. It was during this period that a second phase of tourism emerged, which is referred to as “residential tourism.” The answer is yes, hundreds of thousands of Europeans purchased a second house on the Costa Blanca starting in the 1980s. As a result, there are two distinct sorts of visitors on the Costa Blanca today: those who are on a brief “package tour” and those who reside on the Coast for a greater or lesser portion of the year, depending on their location. Given the increase in sophistication and “adventurousness” of visitors, a third category has emerged: those who have purchased merely airplane tickets and have made their own arrangements, including booking their lodging privately, either directly with hotels or in villas and flats. The Costa Blanca is exceptionally well-suited to accommodating all three sorts of tourists.

Costa Blanca North and South

Alicante and the surrounding area north to the border with the Costa Azahar are considered to be the Costa Blanca North, while Santa Pola, Guardamar, Rojales, and the inland Vega Baja and Torrevieja are considered to be the Costa Blanca South. The Costa Blanca is divided into two distinct regions when it comes to tourism: the Costa Blanca North and the Costa Blanca South. To put it another way, Torrevieja is a rare instance in that it receives relatively little package tourist from outside Spain, yet it is one of the most significant examples of residential tourism in the world. Torrevieja was frequently cited as an example of a “boom” town during the early 1990s, when residential tourism was booming in the region. Indeed, the city’s population has more than quadrupled in only five years, going from 50,000 to more than 100,000 people. It was north Europeans who made up the vast bulk of the new torrevejenses. Smaller towns all surrounding Torrevieja were growing at a rapid rate, such Orihuela, Rojales, Benijofár, Guardamar, Los Montesinos, and Gran Alacant near Santa Pola, to name a few. When the real estate bubble burst in 2008, the population reached a plateau and housing prices began to fall precipitously. Compared to the Torreviejas of 2003, 2009, and 2016, these communities are distinctly “different.”

As you travel north from Alicante (which is more of a working city and has been relatively unaffected by foreign residential tourism), you will pass through Villajoyosa (which is mixed), Benidorm (which is hugely popular with the British), Albir/Alfaz del P (which is Norwegian), Altea (which is mixed), Calpe (which has a strong German presence), Jávea (which is very mixed) and Dénia, among other places It is oversimplified to categorize any town as belonging to one or more nationalities, but it is just necessary to take a stroll through the towns to discover whose money the shops and bar owners are after!

The Costa Blanca and British Expats

According to the most recent statistics, there are over 300,000 British residents living in Spain, with 40 percent of them being over the age of 65 years. According to the Instituto Nacional de Estadistica (INE), Spain’s national statistics office, the two regions with the greatest number of British residents are Andalusia, where they number about 77,000, and the Valencia region, where they number 78,422. Upon further refinement, we discover that the province of Alicante, with more than 69,000 British expats, has the biggest concentration of British nationals. The continuous popularity of the Valencian area, and in particular the province of Alicante, is further evidenced by recent property sales numbers, which revealed that foreigners purchased 40 percent of all residences in Alicante in 2018.

With that being the case, Sonneil has investigated the top five expat-friendly places on the Costa Blanca, as well as the factors that have drawn them to these locations.

Benidorm has a population of 69,000 people, with 6,000 British expats (8.7 percent )

Benidorm, which is located in the Marina Baixa district of Alicante, has a long history of drawing visitors and house purchasers from the United Kingdom. Three airports serve the northern (Valencia), southern (Murcia), and central provinces of the area, providing an additional boost to the region’s economic development. There are dozens of flights every day connecting these places to the United Kingdom, making it easier to make those all-important excursions home or to receive visits from friends and family. While Benidorm city has earned a reputation as a late-night party destination, it is not necessary to go far to find much peaceful towns where the traditional Spanish way of life continues to be practiced. Despite this, it is precisely these areas that are most popular with foreigners due to the slower pace of life they provide.

There are 82,600 people living in Torrevieja and 13,000 British expats (15 percent )

Torrevieja, a former fishing hamlet, is now a cosmopolitan city that, in addition to having a big British community, also has considerable populations of German, Scandinavian, and Russian expats living in the area as well. Torrevieja, located approximately halfway between Alicante and Murcia airports (around 50 minutes drive to each), is surrounded by gorgeous scenery and has 20 kilometers of coastline. For those looking to spend time in the great outdoors, the Lagunas de la Mata and Torrevieja natural reserve, which is close by, is home to hundreds of different kinds of birds and aquatic creatures.

Orihuela has a population of 91,000 people.
The number of British expats in the country is 18,834. (20 percent )

Javea has a population of 27,225 people.
7,700 people from the United Kingdom live abroad (28 percent )

It is located 90 kilometers north of Alicante and 110 kilometers south of Valencia, on the Costa Blanca, between the capes of San Antonio and La Nao. Javea is a popular tourist destination in the region. In Javea, there are three distinct areas: the port district, the Arenal, which has beaches and a tourist center, and the old town, which is surrounded by the city’s medieval city walls and contains a maze of cobblestone alleys, squares, and charming corners. The town is located in the foothills of the Montgo Massif, which stands at 753 meters above sea level and is home to some of the most diverse flora and wildlife found anywhere in Spain.

Rojales has a population of 17,622 people.
The number of British expats in the world is 9,083 people (52 percent )

With its convenient location just 10 minutes from the lovely sandy beaches of Guardamar and 15 minutes from Torrevieja, it’s no wonder that Rojales has become such a popular destination for British expats that they now account for slightly more than half of the population. Its close proximity to Alicante and Murcia airports – both of which are around 35 minutes away by car – as well as the neighboring La Marquesa golf course all contribute to its popularity. Rojales is well-known for its stunning cave dwellings, which can be found in the hills to the south of the town and are a popular tourist attraction.

Costa Blanca Sales

October 29, 2021 (updated January 27, 2023) Published by LGC

The Alicante Housing Market is a Mixed Bag.

A description of the real estate market in the province of Alicante, which is located on Spain’s Costa Blanca and is the most popular Spanish province among international investors.

Foreign investors, both expats and second-home purchasers, have made Alicante province in the Valencian Community, one of Spain’s autonomous regions, the most popular Spanish province in the past, and the picture is likely to be fairly similar in the future.

The Real Estate Market on the Costa Blanca

Since roughly 2010, home sales in Alicante have been on the rise, but the market looks to have run out of steam in the final few quarters of 2014. In Alicante, according to data from the National Institute of Statistics, sales growth has been negative in 11 out of the previous 12 months.

Houses for Sale in Alicante

Prices of single-family homes have been progressively increasing since early 2013, although they are still approximately 20 percent below where they were in 2007. The province of Alicante was one of the first to recover following the recession, thanks to the boost it received from international demand, as foreign purchasers from stronger economies flocked to the Costa Blanca to take advantage of the region’s low housing prices at the time of the catastrophe. All of the greatest prices have already been snapped up.

A Decline in Demand

Home sales in the province of Alicante are declining in part due to a slowdown in international demand, which is contributing to the decline. After that, if you look at the change in demand from those nations, you’ll notice that they’re all declining, which may help to explain why the property market in the province of Alicante is falling. For this reason, and because local demand is also declining, the market share of foreign purchasers in the province of Alicante has remained virtually steady at roughly 40%.

Summary of the Real Estate Market in Alicante

At the moment, the overall image that emerges from this snapshot of sales, pricing, and demand depicts a market that is slowing in terms of volume but continuing to grow in terms of value. Additionally, according to the most recent Spanish market report from Survey Spain, there is an oversupply of homes, particularly new ones, in many areas, and that “the popular area inland from and north of Torrevieja, has suffered from significant repeat flooding, so that owners and potential buyers will be concerned about the prospects of what Climate Change might bring.” A report by Survey Spain also warns that “the market prices for new developments and land in the northern Costa Blanca are very inflated, with speculative aspects heavily influencing the price of both.”

Category: Costa Blanca Information