Startling collapse in property appraisals during Q1
The Government (Fomento) has revealed there were 65,855 property valuations in Q1, 52pc down on Q4 last year, and 46pc down on Q1 last year.
House prices to fall by up to 10pc this year say various sources
Spanish house prices will continue falling this year forecasts a poll of economists and executives in the real estate sector carried out by the news company Reuters. For its part the American investment bank Morgan Stanley forecasts price declines of up to 10pc this year in its latest report on Spain.
Ministerial road-show to woo foreign property investors to Spain
José Blanco, the Minister for Public Works (and housing), kicks off an international road-show to promote Spanish property on May 4 at the Spanish embassy in London.
Spanish house prices still “stratospheric” in relation to incomes says expert
Economist and property-market expert José García Montalvo argues that Spanish house prices are still “Stratospheric” in relation to incomes.
Madrid, Mallorca and Ibiza amongst world’s 50 most expensive places to buy a home
Monaco is the most expensive, followed by London, according to research by Knight Frank and Citi Bank. As far as Spain goes, South-West Mallorca is the most expensive place, 33rd in the world ranking, followed by Madrid at 36, and Ibiza at 47.
keep looking »
|
|
