The Spanish and Portuguese real estate cycle will be much longer than the traditional 12-years and despite a generalised slowdown, Spanish property markets will keep on rising, predicts Ignacio de la Torre, Chief Economist at Spanish investment bank Arcano.
Posts Tagged: Marbella
There has been a 10% increase in the cost of renting a holiday property in coastal parts of Spain, according to property valuation firm TecniTasa, giving rise to the number of investment opportunities in both the long and short term holiday rentals market. The average weekly cost of renting a holiday property near to the… Read more »
International property buyers are taking advantage of Spain’s recovering economy and low interest rates, triggering a rise in the number of property sales and a hike in property prices. In the first quarter (Q1) of the year 273,151 unique visitors searched on one of Spain’s largest property portals for properties in Malaga region. With such… Read more »
The price of resale properties in Spain fell in total by 5% in 2014, with the housing market in some areas near to bottoming out. In December 2014 the price of housing in Spain decreased by 3% compared with the same period last year; a figure which is lower than the overall decrease in… Read more »
Residential property prices in Spain rose by 1.15% in the third quarter of 2014 compared to last year’s figures for the same period, according to the Property Registrars. In the third quarter, the registered number of properties sold in Spain was up by 1.4% to 79,561 sales, compared to sales in the second… Read more »