This is a website for buyers, owners, and sellers of property in Spain, offering reliable information and resources to help you get things done with confidence. It is run by Mark Stücklin, author of the Spanish Property Doctor Column in The Sunday Times (2005-2008), and the book ‘Need to Know: Buying Property in Spain’ published by Collins.
Asking prices are down 6.1pc over 12 months to the end of Q3 according to idealista, one of Spain’s leading property portals.
On a quarterly basis, asking price barely budged, down just 0.5pc between June and September.
“Although there was a reduction in price falls during the third quarter, there are no signs to suggest a possible recovery in the market,” said Fernando Encinar, head of research at Idealista. “The medium and long term trend will continue down.”
By region, aking prices rose the most on a quarterly basis in The Canaries (+1.1pc), followed by Valencia (+1pc) and Asturias (+0.9pc). Prices fell the most in Aragon (-3pc), La Rioja (-2.5pc), and Andalucia (-1.6pc).
