Coastal Property Values Rise in March

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The price of Spanish properties located in ‘Mediterranean Coastal Areas’ rose faster than the national average during March, new figures show. Nationwide property prices rose by 3.9% during the month, compared to the same month last year, with coastal property prices growing by 4.1%, according to leading property valuation firm Tinsa.

Spanish Property Sales Grow over 5%

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Following slightly disappointing sales figures during January, property sales once again entered positive territory in February – growing by 5.3% to reach a total of 43,695 transactions, according to the government’s central statistics unit.

Mortgage Loans Reach 8 Year High

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The number of Spanish mortgages constituted in January rose to the highest level achieved in eight years, while figures in Madrid was double that of a year ago. The number of residential mortgage loans taken out across Spain during the first month of the year rose by 22.5% to 36,832, compared with the same month… Read more »