• Spain Ranked Third Best EU Country for Property Investment

    According to a study carried out by property consultants, CB Richard Ellis, Spain ranks as the third most attractive country in Europe for investment in real estate, just behind the United Kingdom and Germany. Almost a fifth (19%) of European …

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  • Spain’s Housing Stock Depreciated 1.1 Billion Euros in 4 Years

    The Spanish housing stock has depreciated 1.1 billion euros in the last four years, from 5,713 billion euros to 4,600.9 billion euros, or 19.5% less, and, according to a study by the appraiser Euroval, in this period the net balance …

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  • More Nationalities in Search of Spanish Bargain Properties

    In 2013 Spain will see an increase in foreign investors interested in snapping up bargains in their struggling real estate market. The British agency, Inmoaction, who specialise in attracting investors from the UK, estimate that in 2013, foreign interest in …

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  • House Prices Fell by 11.3% in 2012

    The average price of housing in Spain reduced by 11.3% in 2012 over the previous year, a more moderate adjustment than that experienced in previous months, due to a spike in the number of transactions generated to beat the 31st …

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  • Foreign Spending on Spanish Property Up 27%

    Foreigners invested 4,748 million euros in real estate in Spain in 2011, which is up 27% from the previous year and represents the largest expenditure made by this group since 2008, while Spanish investment abroad fell 23.4%. According to the …

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  • Spanish Banks Prefer ‘No Sale’ Above Paper Loss

    A compelling tale of how Spanish banks refuse to acknowledge the true value of the repossessed properties on their books in an attempt to maintain the paper value of their business. It is always reassuring for a writer when first …

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