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: property in Spain
Spanish property prices are continuing to rise but at a much slower rate – so is it time for buyers to take advantage of this?
Foreign property purchases in Spain grew over 17% in the third quarter (Q3) of 2017, according to new data published by the Ministry of Development. Between July and September a total of 121,561 properties were sold in Spain, representing an increase of 16.7% compared with the same quarter last year. A total of 21,173 properties… Read more »
British buyers looking for a property abroad are still attracted to Europe, especially Spain, France and Italy, despite uncertainties shrouding Brexit, new survey shows. The report by French mortgage specialist BNP Paribas International revealed that 66% of those surveyed said they were looking for a second home in one of the top three destinations due… Read more »
Average Spanish property prices rose by 0.9% in January to €1,361 per square metre, compared with the same period last year, according to a new report by real estate valuation firm Tinsa. It is now the eleventh time in the last twelve months that national property prices have shown a year-on-year increase; a trend led… Read more »