How are the property prices in Moraira evolving?

If you are considering buying a property in this beautiful town on the Costa Blanca, it is important that you know the current state of the property market and how property prices have evolved in recent years. In this article, we provide you with all the information you need about the evolution of property prices in Moraira and the factors that influence the local property market.

The property market in Moraira

Moraira is a popular resort town on the Costa Blanca, known for its beautiful scenery, sandy beaches and warm, sunny climate all year round. This Spanish coastal town is an attractive location for those looking to invest in a property on the Costa Blanca. The property market in Moraira has experienced steady growth in recent years, which has increased the price of housing in the area.

The price of property in Moraira has increased significantly in recent years. In 2022, the average price of a property in Moraira was approximately 450,000 euros. This average price includes both villas and flats, and the price can vary depending on the location, size and characteristics of the property.

Over the last five years, the price of property in Moraira has experienced a steady increase. In 2016, the average price of a property in Moraira was around 350,000 euros, which means that there has been an increase of 28% in the last five years.

This is caused by the also increased standard of living of the society, and by globalisation making more and more people get to know the attractiveness of Moraira and the Costa Blanca in general.

Factors influencing the evolution of property prices in Moraira

There are several factors that influence the price of villas in Moraira. Some of the most important factors include:

Location: Properties that are located close to the beach, in a quiet area and close to shops and restaurants command a higher price.

Size: The size of the property is also an important factor in the price. Larger properties, such as luxury villas, are priced higher than smaller flats.

Features: Additional features, such as private pools, sea views, gardens and garages, also influence the price of the property.

Market demand: Local and global market demand also influences the price of the property. When demand is high, the price of the property increases.

What is the average price of a villa in Moraira?

We are talking about villas, not flats or bungalows, and you can even find cheaper and much more expensive villas and properties, but the average price of villas in Moraira is approximately 750.000 euros. However, the price can vary significantly depending on the location, size and features of the property.

And without a doubt, buying a property in Moraira can be a great investment. The town is very popular with holidaymakers and property buyers, and market demand is high. In addition, the town offers a wide variety of high quality properties in a prime location on the Costa Blanca, making it an excellent choice for those looking to invest in property in Spain.

If you are considering buying property in Moraira, it is important that you work with an estate agent in Moraira, a trusted local estate agent who is experienced in the Costa Blanca property market. A reputable estate agent can help you find the perfect property for you and make sure you get a good price for your investment.