Spanish new build prices fall for first time in 15 years
The average price of newly built property in the regional capitals of Spain fell by 1.2% in the first 6 months of the year, the first time this has happened in 15 years, according to the latest report from La Sociedad de Tasación, Spain’s largest appraisal company.
Spanish developers offering discounts to attract buyers
A new study by the consultancy Real Estate Marketing (REM) reveals that 6 out of 10 Spanish developers are now offering discounts to buyers in an effort to make sales. When indirect discounts are included 71% of developers are offering buyers improved terms.
One third of coastal new developments still on market after 3 years
A third of all new developments on the Spanish coast have been on the market for more than 3 years, according to a new study from the consultancy DBK.
Housing starts in Spain slow dramatically
The number of new homes being built in Spain has slowed dramatically this year in response to falling demand, and a glut of new properties on the market.
Spanish construction crisis to last 3 years says Euroconstruct
Spain’s property sector troubles will last at least 3 more years, according to a new report from Euroconstruct, a construction sector forecast group comprised of 19 European research institutes.
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