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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 […]

Spanish Property Market Seeing Increasing Demand

Spanish Property Market Seeing Increasing Demand

July 9, 2012 No Comments

The Spanish property market has seen an increase in demand from investors all over the world, especially Sweden. According to a report from the Real Estate Agency, requests about property in Spain increased by 58% in 2012 Q1, compared to 2011 Q1. Daniel Nilsson’s regional manager stated that a lot of interest for Spanish real […]

Bailout of $125 Billion to Revive Spanish Real Estate

Bailout of $125 Billion to Revive Spanish Real Estate

June 21, 2012 No Comments

Spain, one of the top destinations in the world for home owners, is in the process of receiving a bailout of over $100 billion that may pull its real estate market out of the slump. Although there are conflicting opinions of the bailout leading to a destabilization of the country’s economy, most financial advisors believe […]

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....