Tinsa Index – July

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This topic contains 10 replies, has 7 voices, and was last updated by Profile photo of Anonymous Anonymous 4 years, 3 months ago.

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  • #56999
    Profile photo of Anonymous
    Anonymous
    Participant

    Published today:
    http://www.tinsa.es/n-pages/np-files/1/down/IMIE/2012/07_Ficha_Imie_Julio_2012.pdf

    General -11.2% (June -10.8%)
    Costas -11.0% (June -13.3%)

    Peak (Dec 2007) to present

    General -31.0%
    Costas -37.2%

    Interesting to note that the biggest falls this month (14%) have been in the Balearic islands which have up till now avoided the worst of the slump. As it is only one months figures it may just be a glitch but I’ll keep my eye on it.

    Otherwise same old, same old. No sign of a bottom in sight yet.

  • #111508
    Profile photo of Chopera
    Chopera
    Participant

    @brianc_li wrote:

    Published today:
    http://www.tinsa.es/n-pages/np-files/1/down/IMIE/2012/07_Ficha_Imie_Julio_2012.pdf

    General -11.2% (June -10.8%)
    Costas -11.0% (June -13.3%)

    Peak (Dec 2007) to present

    General -31.0%
    Costas -37.2%

    Interesting to note that the biggest falls this month (14%) have been in the Balearic islands which have up till now avoided the worst of the slump. As it is only one months figures it may just be a glitch but I’ll keep my eye on it.

    Otherwise same old, same old. No sign of a bottom in sight yet.

    Someone was asking about Ibiza on here recently. I’m expecting the Balearics to hold up much more than mainland Spain, so it’ll be interesting to see if those falls continue.

  • #111511
    Profile photo of Anonymous
    Anonymous
    Participant

    I am expecting some big falls in the Canary islands, particularly apartments in Teneriffe. Remember, the property sales tax when buying property in the Canary Islands is 5% compared to 10% in the rest of Spain and the weather is great all year round in the Canaries and the rental market there is not as seasonal as on the rest of the mediterranean which means that in theory you can rent out your property all year round and is not just restricted to the traditional holiday months of May to August.

  • #111512
    Profile photo of Anonymous
    Anonymous
    Participant

    Yup the balearic has sort of been a “safe” haven so far disregarding that not many transfers has taken place.

  • #111526
    Profile photo of Anonymous
    Anonymous
    Participant

    @brianc_li wrote:

    Otherwise same old, same old. No sign of a bottom in sight yet.

    Can we all agree that we would love to see a bottom?

  • #111528
    Profile photo of DBMarcos99
    DBMarcos99
    Participant

    I believe the forced sales by the banks will snuff out any recovery in prices this year. The question is though, will the numbers actually sold start to increase?

  • #111530
    Profile photo of Anonymous
    Anonymous
    Participant

    @mark wrote:

    @brianc_li wrote:
    Otherwise same old, same old. No sign of a bottom in sight yet.

    Can we all agree that we would love to see a bottom?

    Yesbox.

  • #111531
    Profile photo of Anonymous
    Anonymous
    Participant

    But not any old bottom – one with a nice curve 😉

  • #111532
    Profile photo of Anonymous
    Anonymous
    Participant

    Mark, have you been on oysters, again !!!!!!!!

  • #111533
    Profile photo of Chopera
    Chopera
    Participant

    @mark wrote:

    But not any old bottom – one with a nice curve 😉

    Would you like me to post a picture?

  • #111534
    Profile photo of Anonymous
    Anonymous
    Participant

    According to TV4 in Sweden. Swedes buying in Spain has gone up 140% in four years time.

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