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Spanish Property Sales Jump by 8.8%

Spanish Property Sales Jump by 8.8%

August 21, 2014 No Comments

Spain’s National Statistics Institute has released data showing that residential property sales surged 8.8% year-on-year in June of 2014. The year-on-year boost was the fourth consecutive monthly rise in an upswing that began in March this year and shows no sign of stopping – though it has slowed compared with march, which saw a 22% […]

Number of Unsold Homes in Spain Continues to Increase

Number of Unsold Homes in Spain Continues to Increase

January 22, 2013 No Comments

The Spanish real estate market was at its best in 2004, but an industry-wide collapse four years later resulted in over a million unsold houses that were newly constructed. Home prices in Spain have fallen steadily ever since, by five to ten per cent each year. Jones Lang LaSalle published a report in November last […]

Significant Discounts on Spanish Repossessed Properties

Significant Discounts on Spanish Repossessed Properties

December 28, 2012 No Comments

Fitch, one of the best ratings companies has disclosed that repossessed real estate assets in Spain are selling at amounts much lower than their initial valuations made at the start of 2012. Property values across the country are down over thirty per cent and buyers are taking advantage of discounted prices as banks are desperate […]

Spanish Property Sales Jump by 8.8%

Spain’s National Statistics Institute has released data showing that residential property sales surged 8.8% year-on-year in June of 2014....