# Almeria crowned as Spain’s post-Brexit vote hotspot, as British families seek value in the sunshine
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2016-11-25
Category: LIFESTYLE
Category URL: https://financedigest.com/category/lifestyle
Meta Title: Almeria Property Sales Surge 93%
Meta Description: Discover why Almeria is Spain's new hotspot for property sales, offering exceptional value for money following Brexit vote. Younger buyers are
URL: https://financedigest.com/almeria-crowned-as-spains-post-brexit-vote-hotspot-as-british-families-seek-value-in-the-sunshinehtml

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- **Property sales in Almeria up 93% (Spanish registrars)**
- **Value for money is buyers’ key focus, following Brexit vote (** [**com)**](http://r20.rs6.net/tn.jsp?f=001mheK2A5VkC1iL7jtKu3dt8pScEzx56LxWxQk183G6qcNX_YpqXsMcjiwG3_DnkiaNE4ZLGewIzxZBr-IVJPolWniaYKEpX4iRdl_FyEx9yA9xIKM5vHvH1n6AO0lyiEJvvo16zxPfUq_A7Y2RSKNqIeUB1XV48N14_wnRooxRQI=&c=5xKvucGHZ6BdiN27sItCNYusL9rpdur5caqiJcu-AIc7la5T41LLBQ==&ch=r86VWsDEQQzMXAMHBB42hVRcpfAZsMWJmSFj9iOWIHT3zMDW8Pa9Ag==)
- **Younger buyers increasingly attracted by Almeria’s charms (Spanish Property Choice)**

![Almeria crowned as Spain's post-Brexit vote hotspot, as British families seek value in the sunshine](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/article-image-1-1736844361013-compressed.jpg)

New data from the Spanish registrars has shown that Almeria is Spain’s new hotspot, racing ahead of other regions when it comes to property sales.

**Richard Speigal, Head of Research** and data guru at leading Spanish property portal [Kyero.com](http://r20.rs6.net/tn.jsp?f=001mheK2A5VkC1iL7jtKu3dt8pScEzx56LxWxQk183G6qcNX_YpqXsMcjiwG3_DnkiaNE4ZLGewIzxZBr-IVJPolWniaYKEpX4iRdl_FyEx9yA9xIKM5vHvH1n6AO0lyiEJvvo16zxPfUq_A7Y2RSKNqIeUB1XV48N14_wnRooxRQI=&c=5xKvucGHZ6BdiN27sItCNYusL9rpdur5caqiJcu-AIc7la5T41LLBQ==&ch=r86VWsDEQQzMXAMHBB42hVRcpfAZsMWJmSFj9iOWIHT3zMDW8Pa9Ag==), explains,

We’ve been [studying the latest](https://www.financedigest.com/why-is-demand-for-fertilizer-fillers-high-in-asia-pacific-region-check-latest-study.html "Why Is Demand For Fertilizer Fillers High In Asia Pacific Region : Check Latest Study") sales data from the registrars, looking for patterns across the Spanish provinces in the wake of the Brexit vote. Our own [data has already revealed that British buyers are increasingly focused](https://www.financedigest.com/sterling-falls-vs-dollar-as-focus-turns-to-uk-data.html "Sterling falls vs dollar as focus turns to UK data") on value for money since the referendum. Now we’re seeing [Almeria](http://r20.rs6.net/tn.jsp?f=001mheK2A5VkC1iL7jtKu3dt8pScEzx56LxWxQk183G6qcNX_YpqXsMckHcP7zJU1vYlxeayHG6cLr4caI5RXZgq3a-sYoIHT0lrqBLws1uiuxtYnoDbpLGQCYlM3swzuAYYwPyJGk9BaJVy09B6PdgjeKatt-WQKdAUp5BMiKW63iqps0Q4AXJxMTYqGa-SYuUpdkwqqiy_-XgUtdpFxJF33JMQNq-FscX&c=5xKvucGHZ6BdiN27sItCNYusL9rpdur5caqiJcu-AIc7la5T41LLBQ==&ch=r86VWsDEQQzMXAMHBB42hVRcpfAZsMWJmSFj9iOWIHT3zMDW8Pa9Ag==) emerge as the clear choice for those looking for good value Spanish property.”

On a quarterly basis, [property sales](https://www.financedigest.com/frances-axa-q1-sales-rise-2-as-property-policy-demand-grows.html "France’s AXA Q1 sales rise 2% as property policy demand grows") in Almeria are up by 93% when compared with Q3 2015, according to the registrars’ figures. With the rest of Spain growing modestly, Almeria stands out as enjoying a significant boom.

Almeria is in Andalusia, on Spain’s southern, Mediterranean coastline. While other Costas were busy erecting high [rise developments](https://www.financedigest.com/most-recent-development-report-on-centrifugal-chiller-market-to-witness-exponential-rise-in-revenue-share-during-the-forecast-period-2021-2031.html "Most Recent Development Report On Centrifugal Chiller Market To Witness Exponential Rise In Revenue Share During The Forecast Period (2021-2031)") in the late 1960s, to cram in as many tourists as possible, Costa Almeria remained largely untouched. Today, the coastal towns of Almeria effuse a sun-kissed charm that their more developed neighbours have lost for good.

**Sharon Garner,** Sales Director for Almeria-based **Spanish Property Choice**, comments,

![Costa Almeria](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/1-6-1736844360971-compressed.jpg)

“Costa Almeria offers exceptional value for money. [Property here costs](https://www.financedigest.com/the-hidden-costs-of-property-investment.html "The Hidden Costs of Property Investment") a fraction of what it does in the neighbouring Costas. Our coastal towns remain [full of charm and character and just a 15-minute drive](https://www.financedigest.com/tesla-is-sued-by-drivers-over-alleged-false-autopilot-full-self-driving-claims.html "Tesla is sued by drivers over alleged false Autopilot, Full Self-Driving claims") away, you can find yourself in wonderful countryside. This lifestyle is sought by a new influx of foreign buyers including French, Dutch and Germans.

Of course, there is still as [steady flow](https://www.financedigest.com/the-lateral-flow-assays-market-to-show-innovation-based-steadiness.html "The Lateral Flow Assays Market to show innovation-based steadiness") of Brits still searching for their little slice of the Spanish lifestyle. We’ve been shocked at the response to the [Brexit vote by British buyers](https://www.financedigest.com/what-brexit-mean-for-british-buyers-in-spain.html "WHAT BREXIT MEAN FOR BRITISH BUYERS IN SPAIN"). We’ve seen a sharp [rise in sales](https://www.financedigest.com/uk-new-car-sales-rise-in-november-fail-to-zoom-past-2019-levels-smmt.html "UK new car sales rise in November, fail to zoom past 2019 levels- SMMT") and long term lets, both of which have superseded our expectations for the year.

Spanish Property Choice has had to [expand its staff team twice already during 2016 to cope with increased buyer demand](https://www.financedigest.com/demand-for-potassium-formate-market-to-expand-at-a-cagr-of-5-1-through-2028.html "Demand for Potassium Formate Market to Expand at a CAGR of 5.1% Through 2028"). The company’s data also reveals a shifting clientele in the past couple of years. When the [company opened](https://www.financedigest.com/three-must-do-think-about-before-opening-a-company-in-hong-kong.html "Three Must-Do Think about Before Opening a Company in Hong Kong") in 2007, overseas buyers in Almeria were largely between 55 and 65 years old. Now, it is 45 to 60 year olds who are looking for a second home in the sunshine, with early retirees joined by those looking to bring up their family in a safe, healthy environment.

Kyero.com’s Richard Speigal echoes the findings,

There used to be a fairly well established pattern of British buyers working until their retirement date and they spending their [savings on a home](https://www.financedigest.com/home-insurance-what-to-look-for-and-how-to-save.html "Home Insurance: What to Look for and How to Save") in the sunshine. Modern ways of working and shifting values among the [younger generation](https://www.financedigest.com/british-monarchys-fashion-mantle-passes-to-younger-generation.html "British monarchy’s fashion mantle passes to younger generation") are having a significant impact on that approach. Many people struggle to [buy UK property](https://www.financedigest.com/looking-to-buy-a-rental-property-heres-why-you-need-a-property-manager.html "Looking to Buy a Rental Property? Here’s Why You Need a Property Manager") well into their 30s, if not their 40s these days. With [remote working](https://www.financedigest.com/remote-and-hybrid-work-are-here-to-stay-as-cyberattacks-escalate.html "Remote and Hybrid Work are Here to Stay as Cyberattacks Escalate") an option and property prices in Spain so reasonable – and particularly so in Almeria, where the average property costs just €129,000 – the appeal of moving overseas to raise a family has never been stronger.

By way of comparison, the average property in Alicante costs €210,000, while the average home in Malaga costs €295,000.


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