Holiday-home glut is one of Spain’s biggest problems

The glut of coastal holiday-homes is the biggest problem bedeviling Spain’s property market, new figures from the Government (Fomento) confirm.

Glut of new homes barely dented in 2010

New figures from the Government (Fomento) show that sales in 2010 hardly made a dent in Spain’s worrisome glut of new homes.

Leading Spanish home-builder Taylor Wimpey de España enjoys 86pc customer satisfaction rate

Outstanding quality, and decades of experience building homes in Spain ensure that Taylor Wimpey de España enjoy some of the highest customer satisfaction rates in the business. Their summer promotion offers irresistible prices for gorgeous homes in Mallorca, the Costa Blanca, and the Costa del Sol.

80pc of private homes for sale have unrealistic prices says expert

The vast majority of private vendors still haven’t come to terms with the drop in the value of their properties, argues José Luis Jimeno, MD of Noteges – a real estate and executive education portal.

Holiday home prices down 9pc annually – Tinsa House Price Index

Average house prices have declined 6.6pc over 12 months to the end of June,according to the house price index published by Tinsa – one of Spain’s leading appraisal companies.

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