Spanish property market still in the mire
Demand keeps shrinking whilst the glut of Spanish homes for sale keeps growing
The Santander property disinvestment story
When it comes to local real estate, Spain’s biggest bank (Santander, run by Emilio Botin, pictured above) and foreign property investors are still way apart on price
Tinsa House Price Index -6.9pc in October
Average Spanish house prices fell 6.9pc over 12 months to October, according to the latest House Price Index published by Tinsa – one of Spain’s leading appraisal companies.
Three out of four Spanish property investors believe the sector will turn around within eighteen months
The Spanish real estate sector is still in the doldrums, but investor expectations are improving, according to the latest survey by international consultants CB Richard Ellis.
House-hunters in Spain make offers 22pc below asking asking prices
In September, the average offer made online through the Spanish property portal idealista.com was 21.7pc below the asking price. Idealista offer a tool to research the difference between offers and asking prices by area.
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