Tuesday, 21 July 2009

 

5 Month figures show Spanish market at bottom

We looked at the Tina House Price Index some months ago and saw that it had suggested the Spanish Property market was bottoming out.

Now five months later the figures certainly seem to confirm this. The steep decline in Spanish house prices seems to have abated and instead we are seeing prices declining by approximately 10% year on year. This means that those Spanish Property buyers who have been sitting back and waiting for the lowest prices can now consider moving into the market. There are some good discounts to be found on Costa Calida property but as the index suggests property prices are now remaining static. If you would like to take advantage of these discounts while they are at their best, contact us now.

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