Here's the local property market update in Ciudad Quesada & surrounding neighbourhoods! With the financial problems the world is facing, it’s always good to keep an eye on your investments. Here’s a look at how the local property market held up during the first quarter of 2023.
The average house sales price in the Ciudad Quesada and surrounding areas during the 1st quarter of 2023 rose to €140,450. This is a 9% increase compared to the 1st quarter of 2022. However, it shows a 4% drop compared to the last quarter of 2022.
This proves that we are still in a bit of a rollercoaster of a market. With the lack of properties for sale, prices are trying to increase, but financial uncertainty is holding them back.
With that being said, given the current state of the global banking system, it’s evident that properties represent a sound investment option. Unlike government backed investments and speculative ventures, properties are tangible assets that provide long term wealth. You own the bricks and mortar. You own the title!
Selling in the Ciudad Quesada or surrounding urbanisations? We have buyers! Contact me today on 966 718 392.