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Costa del Sol to benefit from new 125m euro property development in La Cala

Costa del Sol to benefit from new 125m euro property development in La Cala

A 600-property development in La Cala de Mijas backed by British developer Taylor Wimpey PLC and La Cala Golf is due to be completed over the next few months. Development on the project began in 2014 when the hotel chain began working in collaboration with Taylor Wimpey Plc, delivering the first set of 60 residential properties last summer.The existing golf course will be the largest new housing development in Andalucia over the next ... [Read More]

Spanish Property Market Report - August 2017

Spanish Property Market Report - August 2017

According to the latest market reports, the property market in Spain continues to show signs of steady and gradual growth. The Spanish property market has now expanded in every quarter over the last four consecutive years, and not only continues to show signs of steady and gradual growth, but evidence that it is also gaining momentum at a sustainable rate.Aided by significant international demand, affordable prices, a rise in support from ... [Read More]

Rise in Spanish property transactions with strong foreign demand in Q1

Rise in Spanish property transactions with strong foreign demand in Q1

The Spanish property market has seen positive results across the board during the first quarter of 2017, according to statistics released in the latest report by the Spanish Land Registrars Association.Aided by strong local and international demand and greater access to funding from Spanish lending institutions, the property market has seen an annual price rise of 7.74% (the highest since 2007) and a rise in transactions, with a total of ... [Read More]

Spanish property sales reach pre-crisis levels in first quarter of 2017

Spanish property sales reach pre-crisis levels in first quarter of 2017

The Spanish property market continues to gain momentum as new government statistics show sales figures rose by nearly 30 per cent in March.A total of 40,461 homes were sold in March, the highest monthly figure reported since February 2011. The figure marks a return to pre-crash levels from 2008, showing year-on-year increases in all of Spain's 17 regions, with rises of over 40% in the northern regions of La Rioja, Cantabria, Asurias and ... [Read More]

BBVA forecast a further 2.5% rise in Spanish property prices in 2017

BBVA forecast a further 2.5% rise in Spanish property prices in 2017

According to a new property market analysis conducted by leading bank BBVA, 2017 is forecasted to be a positive year for the real estate sector in Spain. With a projected 2.5% rise in Spanish property prices in 2017, BBVA expect conditions to see further improvement and stability within the real estate sector over the coming year.The analysis attributes an improving economy and a reducing stock of unsold homes as the main characteristics ... [Read More]

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