Spanish Property Prices Rise Faster than EU & Eurozone Averages

Spanish Property Prices Rise Faster than EU & Eurozone Averages

Spanish Property Prices Rise Faster than EU & Eurozone Averages
In 2017, Spanish property prices rose faster than EU and Eurozone averages, says the EU statistics bureau Eurostat.
 
Housing price data, published last week, shows average property prices in Spain rose by 7.2% last year, compared with 4.5% in the EU and 4.2% in the Eurozone.
 
Elsewhere in Europe, the highest increases in residential property prices in the last quarter (Q4) of 2017 occurred in Ireland (11.8%), Portugal (10.5%) and Slovenia (10.0%).
 
In contrast, Italy reported the biggest decrease when prices fell by 0.3%.
 
In Q4, property prices grew the most in Slovenia (3.7%), Croatia (3.2%) and Cyprus (2.7%), compared with Q3 data. Meanwhile, the biggest quarter-on-quarter decreases were reported in Sweden (2.8%), Denmark (1.7%), Belgium (0.4%) and Finland (0.3%).
 
The Spanish property market recovery had a strong start to the year, with prices growing by 3.8% year-on-year in the first quarter of 2018. Madrid reported the most significant rise (17%), followed by Palma de Mallorca (14.7%), according to property valuation firm Tinsa.
 
Spain’s housing market returned to growth in Q1 2016 after 31 consecutive quarters of year-on-year declines. House prices are forecast to grow across the country by an average figure of 6.1% this year, according to the Instituto de Práctica Empresarial (IPE).

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“We came over to Spain with a view to purchasing a holiday home. Jackie at Crystal Shore Properties, couldn´t have been more helpful, to the various emails prior to arriving, to the many many viewings she arranged. And very happy to say, we complete on our property on Wednesday. Jackie was professional, knowledgeable and listened to our list of requirements. Would definitely recommend Jackie to any potential home buyer. Thanks again Jackie!”
Amanda & David
“During a holiday to Spain last year we made contact with Bella and Jackie at Crystal Shores properties. At very short notice they were able to put together an afternoon of viewings for us. This wet our appetite and with the visit in the forefront of our minds we returned home. Over the next 6 weeks we exchanged daily emails with Jackie going over homes, areas and options. Jackie’s responses were always prompt and on point allowing us to narrow down our requirements before heading back to Spain in November for two days of viewings. Jackie took the time to review and adapt the search scope based on our feedback. This time spent ensured that the time on the road wasn’t wasted and every property we visited had a clear reason for us seeing it. Over the two days Jackie was a perfect guide, her knowledge of the areas was fantastic, in this short space of time Jackie managed to arrange 15 viewings down the coastline from Cala de Mijas all the way down to Casares on the boarder with Gibraltar. At no time in the buying process did we feel pressured into making a decision this, along with the after sales care from Jackie has been nothing but perfect. If your looking for a friendly, knowledgable and attentive company to take care of your needs when buying in Spain look no further than Crystal Shores, a truly 5 star service.”
Danielle and Duncan
“Just a note to thank you and the team for selecting the perfect property in the perfect location. Everything has gone well from the start. Please pass on our thanks to everyone in the Marbella office too. Kind Regards,After initially researching estate agents on the Costa del Sol, I found Crystal Shore! Probably the best thing I ever did. It's rare in today's world to receive such high service levels but my wife and I were in total agreement it was an excellent experience. We spoke to many members of your team and they all provided such a high level of service that we would recommend anyone looking for a property on the Costa del Sol to use your services. You were friendly, informative and very patient – we looked at loads before we made our decision and you were always there to help. Especially Sarah she was great! Kind regards,”
Dale & Cheryl
“Hi Diane, We are sat in the sunshine thanking our lucky stars…. Thinking of you and your fabulous hard work in helping us realise our dream….

We have absolutely no regrets whatsoever and owe you an amazing debt in gratitude….. Happy New Year and hopefully we will catch up with you and Bella next year!”
David & Sarah
“I purchased my new property through Crystal Shore properties and would highly recommend using them. From start to finish the service was outstanding. My initial conversation was with Bella in the office who was very helpful and proactive in organising the ideal properties to view and then we spent the day with Jackie viewing the properties, Jackie was extremely knowledgeable and helpful not only with the properties and areas we were viewing but also regarding setting up a new life in Spain.”
Tom Gamble
“I would highly recommend Crystalshore properties for your property search. As a busy executive Kim took the time to truly understand our search requirements , narrow down a short list of Suitable properties and ultimately find us our dream home in Marbella in record time ! This was a truly VIP service and experience and one I would highly recommend!”
Jason
“We loved the service crystal shore gave us regarding the house hunting.....

Kim especially was very patient and helpful listening to our needs and eventually we found an amazing place to buy and we’re very excited and happy about it. I will definitely recommend the company and the contacts and knowledge they have regarding properties in and around Marbella.”
Steven and Awa Pienaar
“Unlike many other estate agents Kim was punctual, attentive and totally focussed on our needs. Kim quickly ascertained our requirements and only showed us relevant properties, rather than bombarding us with everything in stock which has been our experience in the past. There was no hard sell or trying to pull wool over our eyes, Kim led us round properties objectively analysing the pros and cons as if she was part of the family. The Villa in Guadalmina that we ended up buying was just divine and thank you to Kim and Crystalshore Properties for your patience, understanding and professionalism.”
Tony & Sarah Moss
“Hi all, Just a little note to say a huge thanks for all the work done which lead to a successful sale (which I must say went very smoothly). Both Pete and I are very happy on how professional you all handled this sale throughout. We will definetely recommend you to anyone. Many thanks again. Best wishes,”
Pete and Deirdre
“After initially researching estate agents on the Costa del Sol, I found Crystal Shore! Probably the best thing I ever did. It's rare in today's world to receive such high service levels but my wife and I were in total agreement it was an excellent experience. We spoke to many members of your team and they all provided such a high level of service that we would recommend anyone looking for a property on the Costa del Sol to use your services. You were friendly, informative and very patient – we looked at loads before we made our decision and you were always there to help. Especially Sarah she was great! Kind regards,”
Carl
“I would just like to thank you for your time & patience in showing me round the various properties. Also for taking the time to organize the meetings with the bank & lawyer, it was very much appreciated. Your help, advice & knowledge made the purchasing of a property so much easier & I am very happy with the purchase that I made. Once again many thanks for all your help & for putting up with me, it made a difficult decision a very easy & enjoyable one. Many Thanks,”
Andrew Wannan
“Hi Tony, Thank you for your help over the past few weeks, we did not think we would find exactly what we wanted on our first trip, but we are grateful for that and you are very grateful to Jose. Jose was very helpful and did what could have been very stressful days that were very enjoyable. Sincere friendships,”
Lorna & Simon
“I was fortunate enough to contact Crystal Shores Properties and secure the expert knowledge of Sasha. Her professionalism was outstanding and she was both well informed and supportive without being pushy. I have already recommended her to a colleague within a few days of returning home as I feel 100% confident that she would provide the same high level of service. Sasha is very well organized and listened to my aims and objectives of the purchase. The whole procedure from initial contact to securing the property filled me with confidence which I know was due to the hard work put in by Sasha. Kind regards,”
Louise
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