Vendors reduce asking prices in record numbers
Vendors are dropping their asking prices in record numbers, according to figures from Idealista.com, one of Spain’s leading property portals
Market insiders discuss the best opportunities in 2011, including holiday lets
The Spanish property market will offer some juicy opportunities in 2011, but banks are still withholding their best properties, says market insiders. Small city-centre flats will be the best buys in 2011.
Balearic housing glut hits 45,000 properties for sale
There are 45,000 homes languishing on the Balearic property market in search of a buyer, reports a recent article in the Spanish daily El Mundo.
100pc LTVs (or even more) back on the table
Some brokers report mortgages of 100pc plus expenses, even for foreign buyers
Holiday home sales down almost 90pc since 2006
New figures from the Department of Housing reveal the true extent of the slump in holiday-home sales to foreigners
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