Coastal areas along the Mediterranean see 14.8% price rises
Property prices across Spain have risen by 11.6% on average since the market bottomed out in February 2015. Not surprisingly, prices along the coastal areas in Spain have seen the most significant price rises, with 18.9% in the Balearic and Canary Islands, followed by a 14.8% rise in Mediterranean coastal areas.According to a recent report by property valuation firm Tinsa, property prices along the Mediterranean coast have increased by up ...
Property sales transactions in Spain continue to soar in July
Spain's National Institute of Statistics reported a total of 45,900 property sales transactions in the month of July.According to the latest report by the INE, a total of 38,120 second-hand Spanish properties exchanged hands in July, and a total of 7,780 new-build properties were sold.The market for resale property in Spain dominated with around 83% of all transactions.Bringing the approximate total of property transactions to 308,000 in ...
Attractive property prices attracting increasing numbers of Foreign buyers to Costa del Sol
Foreign buyers of Spanish property now account for one in six sales throughout the nation.The Costa del Sol in particular has long held the allure of international investors and continues to grow in popularity among foreign buyers. The coastal hotspot has seen foreign purchases surge by 61 per cent year-on-year, way ahead of other popular coastal areas such as Costa Brava and Murcia at 52 and 50 per cent respectively.Investing in ...
5 Reasons to Buy Property on the Costa del Sol in 2018
Following one of the worst economic downturns in the history of the country, Spain has made a full recovery due to its ever present allure amongst foreigners, as well as a number of favourable market conditions. The uncertainties surrounding the Spanish economy have clearly reduced as the economic growth remains robust, backed by better conditions and access to credit, improvements in the labour market, a fast-growing economy and ...
Marbella region attracting younger property buyers in 2018
The Malaga province in the Spanish southern region of Andalucia saw a rise of nearly 5% in property sales, with an impressive increase of 31% of non-Spanish buyers this year. According to the National Statistics Institute, the figure is 4% higher than the year before when the number of non-Spanish investors rose by 28%.The Costa del Sol's appeal is as high as ever for property investors this year as Spain remains one of the top destinations ...
