With an improving jobs market and increased demand for Spanish property, leading property valuation firm Tinsa predicts positive growth in 2019. Basing its forecast on current market trends, such as a rise in the number of residential house sales, increased mortgage figures and approved building licences, Tinsa forecasts Spanish property prices to grow between 5%… Read more »
Posts Tagged: Property Spain
The on-going recovery of Spanish property prices continued across the country in September, with average prices rising by 4.8%, according to leading property valuation firm Tinsa. Prices rose in all of the categories identified by Tinsa, led by a 7.3% rise in regional capitals and other large cities and a 4.7% in Mediterranean coastal areas.
The US buyout firm Varde will ‘focus solely on building homes and delivering high-quality developments’ in Spain. Investment firm Varde Partners LP is to expand its Spanish land portfolio by purchasing new acquisitions ready for development across the country.
The number of home sales rose 4.7% during May, accompanied by a rise in the number of mortgage loans, latest statistics show. During May, a total of 31,166 new mortgages were registered in Spain, representing a 7.3% rise on the same month last year, according to the government’s central statistics unit.
Spanish city and coastal property values led average price growth across Spain in June, report shows. Average Spanish property prices rose by 6.4% in June, compared with the same month last year, representing the highest house price increase in eleven years, according to a report by property valuation firm Tinsa.