Property market outlook for 2018 strong
The time has never been more ripe to invest in a property on the Costa del Sol.Following a devastating financial crash that sent property prices plummeting by up to 30 per cent between 2008 and 2013, the Spanish economy has taken a remarkable turn and emerged as one of the fastest growing economies in the EU. Prices have risen by an average of 21 per cent since 2013 and the general consensus amongst government officials and reputable ...
Further data confirms Spanish property market reached new heights in 2017
The Spanish notary association is the latest to release further positive data regarding the property market in 2017.Data from the third quarter of last year revealed that average prices rose by 6.6 per cent compared to the same quarter the year before. Sales transactions also increased across all of Spain's 17 regions by an average of 13.5 per cent to 118,951. Both sales transactions and prices have now increased in each of the last ...
Spanish Property Market Report: January 2018
With the start of the new year, foreign buyers and investors alike are keen to know what 2018 will hold for the Spanish Property Market. In that respect, the official government statistics over the past year shows great promise for increased investment, with a massive rise in sales transactions by foreign buyers. With the remnants of the Financial Crash starting to seem more and more like a distant memory, confidence in the Spanish ...
Further Data Confirms Forecast for 2018 Spanish Property Market Positive
Demand for Spanish property has not reached today's levels since before the financial crisis hit in the third quarter of 2008. Just over 510,000 Spanish homes were sold between September 2016 and September 2017, 121,000 of which were bought during 2017's third quarter, according to new figures released by Spain's Development Ministry.The surge in property sales across the nation since the beginning of October marks a 16 per cent increase on ...
Notaries register 13.4 per cent rise in property sales to foreign buyers
The number of property sales to foreign resident and non-resident buyers increased by 13.4% from January to June of this year, according to recent data from the General Council of Notaries.Foreign buyers purchased a total of 50,087 properties across the country in the first six months of 2017, accounting for 19.4% of the total number of transactions. Of those, 46.6% were non-resident foreigners, an increase of 5.1% year-on-year and the ...
