While it may be hard to believe, taking into consideration that Spain endured a crippling recession for six years and has only really begun to expand economically again since last year, investment into Spanish real estate has reached record figures.
The amount of money poured into all types of property construction this year will register in excess of 13 billion euro by the end of the month. Read more »
A renewed confidence amongst buyers, low prices and the Spanish banks’ willingness to offer competitive mortgages is attracting increasing numbers of new buyers in the country, according to a new analysis.
In Spain’s major cities, international buyers are now beginning to compete against local buyers to secure the best properties in prime locations, according to the report from one estate agency covering the first six months of 2015. Read more »
The number of international buyers back in the Spanish property market is rising with British people now representing almost 20% of foreign sales, new data shows.
In absolute terms, the number of purchases by foreigners is increasing to over 42,000 in a year with close to 11,000 transactions quarterly, and over 42,000 in a year. Read more »
WHILE recovery is expected to be slow but sure for the Spanish property market, certain areas including the Costa del Sol are likely to see significant property price increases next year, a new report has concluded.
Acuña y Asociados real estate consulting firm’s Spanish Real Estate Market Annual Report has predicted that prices will now stabilise in most parts of the country yet popular areas including the Costa del Sol, Valencia, Madrid and Barcelona are likely to see increases of between 3 and 5 per cent. Read more »
The IPE business school specializing in real estate have claimed that the property sector on the Costa del Sol will grow 10% this year!!
Jose Antonio Perez from the IPE reported to the Spanish press that the Costa del Sol in particular, is likely to show higher growth than other areas inland areas of Spain like Madrid and Barcelona. Read more »