So says the report in ‘the Lanzarotte Gazette’ ??????
‘fears of a crash are unfounded’ ?????? Has he checked the Costa del Sol and Costa Blanca lately?
Funny that most independent reports say the opposite, talk about ‘bubbles bursting’, crashes, oversupply of apartments (650,000 p.annum) not enough buyers, US, (and now UK) housing woes affecting most markets inc. Spain’s, 30% overvalued Costa properties, loads of illegal builds, continuing scams, Land Grab still operating etc etc
There is a huge vested interest in Spain talking their market up, their economy depends to a large extent on their huge property taxes.
Time will tell I suppose!