Real Estate

/Real Estate

Significant increase of housing purchases by foreigners in málaga province

2018-10-15T17:26:06+00:00

Learn to think smart. Residential tourism on the Costa del Sol is recovering from the crisis which hit after the real estate bubble burst in 2008. The increase in sales of properties to foreign buyers is now a fact. Figures for the first six months of this year show that the number of transactions carried out by non residents has exceeded those in 2007, the year before the property market went into depression. The president of theCosta del Sol Tourist Board, Elías Bendodo, and José Prado of the Association of Constructors and Developers of Malaga, report that between January and [...]

Significant increase of housing purchases by foreigners in málaga province2018-10-15T17:26:06+00:00

BBVA: increasing house prices a “typical bounce back” as market turns corner

2018-10-15T17:26:12+00:00

BBVA: increasing house prices a “typical bounce back” as market turns corner. BBVA – Spain’s second biggest bank – describes the 4% increase in house prices announced by the National Institute of Statistics (INE) as a “typical bounce back” after house prices fell too far in the crisis. Recent figures from the INE reveal that average Spanish house prices rose 4.02% over 12 months to the end of June, by far the biggest price increase since the Spanish property bubble burst in 2007. However, other sources of house price data suggest that Spanish property prices fell in the same period, [...]

BBVA: increasing house prices a “typical bounce back” as market turns corner2018-10-15T17:26:12+00:00

Six years on: Spain starts building again

2018-10-15T17:26:26+00:00

Six years on: Spain starts building again. After six tough years, Spain’s ailing building sector is finally coming back to life, with public sector projects fuelling a lot of the new growth. When Spain’s property bubble burst in 2008, the country was plunged into an economic crisis that threw millions of people out of work. Now after six hard years, and even though hundreds of thousands of properties stand empty, building has restarted in the country. The decade before the crash saw an all-out building frenzy in the eurozone’s fourth-largest economy. Around 700,000 houses were built each year during the 2000s [...]

Six years on: Spain starts building again2018-10-15T17:26:26+00:00