No recovery until 2016 says extra gloomy report on Spanish property market
The annual report on the Spanish property market by real estate market analysts R.R. de Acuña & Asociados has just been released. Considered one of the most influential annual reports on the sector, it’s not hard to see why hard pressed developers, banks, and Spanish property investors might not want to read it this year. [...]
Torrevieja real estate company Torrevisa-Masa International seeks protection from creditors
The Torrevieja-based real estate developer and agency Torrevisa-Masa International, better known to overseas buyers as Masa International, is reported to have sought court administration to protect it from its creditors, according to an article today in the Spanish press.
Spanish property market collapse loses momentum, for now
The collapse in Spanish property sales appears to be running out of steam, which is good news of sorts. The latest monthly sales figures from the National Institute of Statistics (INE) show there were 33,694 home sales in July (not including social housing), the biggest monthly sales figure this year, and only 19.6% lower than [...]
Knight Frank global house price index shows Spain in 10th place for price falls
With Spanish property prices down by 8.3% over 12 months to the end of June, Spain is in 10th place for annualised price declines according to the Global House Price Index just released by international real estate consultants Knight Frank.
Market turns corner as Almanzora Group chalks up Spanish property sales of €5 million in just 3 months
Publicity Brand new properties together worth almost €5 million have been sold in the Almeria region of south-east Spain in the past three months by the Cheltenham-based Almanzora Group.
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