New build house prices down 4.7pc

New build house prices have fallen 4.7pc over 12 months to the end of June (and 2.3pc over 6 months), according to the latest report from ST-Sociedad de Tasación, one of Spain’s leading appraisal companies. The average price/m2 for a new home in provincial capitals and larger municipalities now stands at 2,419€/m2, or 217,710 for a typical new home of 90m2.

The following tables show new home price changes in coastal regions, where most holiday-homes are located.

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About Mark Stücklin

Mark Stücklin is a Barcelona-based Spanish property market analyst, and author of the 'Spanish Property Doctor' column in the Sunday Times (2005 - 2008). He can be reached by email on ms@spanishpropertyinsight.com. All articles published in good faith as a general guide but no substitute for professional advice. Please read the SPI disclaimer

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