Taylor Wimpey increase sales as Spain’s flagship resort Marbella recovers
The Spanish property slump appears over for Taylor Wimpey de España, the Spanish arm of one of the UK’s leading developers. Javier Ballester, Managing Director, is thrilled with the consistent up-turn that 2010 has delivered: “After implementing a correction to reflect current pricing levels, demand for properties in Spain by foreign purchasers has increased.”
Fears about Spanish economy driving up commercial property risk premium
As fears grow about Spain’s creditworthiness, so does the risk-premium investors demand on Spanish assets like government bonds and real estate.
Lack of transparency an extra burden for Spanish property market says Wall Street Journal
The lack of reliable statistics for the Spanish property market unnerves investors and hinders a recovery, explains an article in today’s WSJ.
Developers in The Balearics, upbeat or manic?
More conflicting news from the Spanish property sector, this time from Palma de Mallorca, the capital of The Balearics. Developers are reported to be both pleased with new home sales levels this year, yet more pessimistic than ever.
Average Spanish household can only afford home of 45m2
3 years after the Spanish property bubble burst, a decent-sized home is still beyond the reach of the average Spanish family with one wage-earner.
keep looking »
|
|
