Supply of properties under 200,000 Euros explodes in Barcelona and Madrid
Flat for sale for 127,000 Euros in Barcelona Gothic Quarter, asking price reduced by 24% (see details at Idealista.com) The supply in Barcelona and Madrid of properties for sale under 200,000 Euros has exploded in the last year as vendors drop their prices, reveals new research from Spanish property portal Idealista.com.
Barcelona rental prices fall more than 20pc
Rental prices in Barcelona have fallen around 20% over 12 months to the end of June, the biggest annualised fall since 2002, according to figures from Barcelona city hall.
Barcelona rental prices fall 2pc in Q1
Rental prices in Barcelona have started to go the way of property prices, falling an average of 2% in the first quarter of the year, from 1,081 Euros/m2 at the end of 2008 to 1,060 Euros/m2 at the end of March, according to a report from Barcelona’s Chamber of Residential Property (Cambra de la Propietat [...]
Rental prices falling in Barcelona
Good news for some people looking to rent a home in Barcelona, and bad news for landlords already nursing capital losses. Rental prices are falling sharply in Barcelona, reveals a new study by local real estate consultants Forcadell. Average monthly rental costs for a typical 75m2 flat has fallen below 1,000 Euros/month, for the first [...]
Price falls reach Spain’s best addresses
The price of property in Spain’s best addresses is falling along with the rest of the market, at least according to a new report from TecniTasa, one of Spain’s official appraisal companies.
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