Spain’s on-going property market recovery continued to have a positive effect on house prices throughout the month of March, new data published by leading valuation firm Tinsa shows. Average house prices rose by 3.6% during the month, compared with March 2017, and are pretty much rising in line with previous monthly increases as well as… Read more »
Posts By: Crystal Shore Properties
The Costa del sol has caught the attention of many international hotel investors and developers of late due to its favourable location and booming tourist industry. The latest company looking to get in on the act is Greek group Ikos Resorts, who are investing €150 million in creating a luxury all-inclusive hotel in Estepona.
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.
The Euribor rate continues to fall, albeit at a slower pace over the past few months, meaning lower mortgage interest repayments for property owners and buyers. The 12 month Euribor, the base rate in which most Spanish mortgage interest rates are calculated, settled at 0.191 in March, representing a 76% fall from the same month… Read more »
The UK, Germany and Spain have been named as the favourite countries for hotel investments, according to new report. More than two thirds (69%) of investors have identified Spain as one of the top three countries in Europe with the most attractive hotel investment opportunities, in CBRE’s European Hotel Investor Intentions Survey 2018.
The Spanish property market is 61% more active than it was four years ago, new data shows. There were a total of 41,480 property transactions in February, representing a rise of 16.2% on the same month the year before and the second highest figure recorded since 2011, according to official government figures.
Spain’s commercial property market grows €7.4bn in five years and shows no signs of slowing down. The Spanish economy is thriving and investor confidence has returned sparking significant growth in commercial property investments; in 2017, a total of €8.9bn was invested in commercial property in Spain, compared to the €1.5bn invested in 2012.
The Spanish property market continues to bounce back as property prices maintain upward trend. Property prices across Spain grew by an average 3.8% in the first quarter (Q1) of 2018, compared with the same quarter last year, according to leading property valuation firm, Tinsa.