According to the latest analysis from Kyero.com, foreign buyers are increasingly looking for bargain properties and are focusing their property searches in Spain’s best-known provinces. Published on July 1st 2009, the latest Kyero.com enquiry report analyses over 100,000 enquiries made by email through the site during the first half of 2009. A four page overview of the latest report comparing 2008 and 2009 is available as a free download. Alicante Most Popular Alicante province has steadily increased in popularity over the years - now attracting almost 30% of attention from foreign buyers visiting Kyero.com. Malaga province has remained stable with a little under 15% of visitor attention, while Granada seems to be losing to both Malaga and Alicante. In all likelihood, this trend of popularity is a reflection of buyers finding property bargains in the provinces where there are the most properties available. Those kinds of markets - Alicante and Malaga in particular - are likely to offer buyers the biggest discounts, and better bargains. Top-5 share of enquiries by Spanish province Rank 2009 2008 2007 1. Alicante 28.7% Alicante 24.3% Alicante 17.4% 2. Malaga 14.4% Malaga 13.2% Granada 16.4% 3. Granada 8.8% Granada 11.5% Malaga 14.4% 4. Almeria 5.7% Tarragona 7.6% Almeria 9.0% 5. Tarragona 5.75% Valencia 6.1% Valencia 8.5% Price Sensitivity This bargain-hunting mindset is dramatically demonstrated with properties priced under €150K attracting 65% of visitor attention - up from 58% in 2008. At the top end, properties priced over €350K have remained relatively stable at 10% of the market, with interest in properties in the €150K to €350K slipping. Share of enquiries by property price range Price range (€000’s) 2009 2008 2007 Under 50K 21% 18% 21% 50-150K 45% 40% 42% 150-250K 21% 23% 21% 250-350K 9% 10% 8% 350-500K 5% 5% 5% Over 500K 5% 5% 3% About the Kyero.com Enquiry Report The Kyero.com enquiry report is published bi-annually to analyse the trends in buyer behaviour and interest regarding Spanish property for sale. It excludes enquiries made about leasehold, fractional-ownership and rental properties.

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Buyers Gravitate to Bargain Spanish Property

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