House prices in Spain

Average property prices in Spain still falling but luxury locations doing well

Average residential property prices in Spain have fallen by 7.4% in the 12 months to the end of September, according to the latest House Price Index from Tinsa, one of Spain’s leading appraisal companies. The steepest price falls were in large cities where they declined 8.9%, followed by the Mediterranean coast where most overseas buyers

Housing Sales

Three out of four Spanish property investors believe the sector will turn around within eighteen months

The Spanish real estate sector is still in the doldrums, but investor expectations are improving, according to the latest survey by international consultants CB Richard Ellis. 73pc of real estate investors in Spain expect the sector to turn the corner in the next year and a half, reveals the latest property investment barometer from CB

Bank of Spain

Bank owned properties: expensive and unattractive.

Looking at the websites or printed guides of properties for sale that banks publish through their marketing companies, the conclusion reached is that they are still offering nothing particularly interesting. Its only attraction is the financing that the bank itself offers customers, which can sometimes reach 100% of the purchase or even cover the purchasing