Barcelona and Madrid: Surge in homes for sale under 200,000 Euros
Like a Phoenix rising from the ashes, homes in with asking prices of between 100,00 and 200,000 Euros are back in fashion now that Spain’s property boom has turned to bust.
Average sales time for a new flat in Barcelona: 4.5 years
It takes an average of 4.5 years to sell a new flat in Barcelona from the time off-plan sales start, reveals a new report from real estate consultants Aguirre Newman.
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 [...]
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