The Spanish property market continues to suffer acutely according to the latest reports. Some 600,000 homes are currently languishing on the market unable to find a buyer, and a further 200,000 part-completed properties are in the same boat. Most of these are in the popular holiday areas.
Posts Tagged ‘spanish property market’
More Pain Befalls the Spanish Property Market
by Overseas Property Mall on Monday, May 9th, 2011 in Spanish Property
Spain Seeing Some Bright News but Long Windy Road Ahead
by Overseas Property Mall on Thursday, January 28th, 2010 in Spanish Property
Hopes have emerged that the battered Spanish property market could be hitting something that feels like a floor. Pardon the vague language, but with 1 million homes still on the market to say the future is torrid for Spanish property is an understatement despite the latest positive data.
The most positive aspect of the latest data to be released shows that home sales transactions rose 5.3% between October and November last year, leaving them down just 2.6% year on year, compared to 21% in October and 17% in September.
Spanish Homes Escape Demolition
by OP-Mall on Thursday, June 11th, 2009 in Spanish Property
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There were first talks of plans to demolish thousands of illegal Spanish properties by the Spanish government, that scared off home owners all across the Costa Del Sol; but now,it appears the government is reversing its decision. The Spanish government is hoping to boost its dismal property market by holding off the demolition of the properties.
What Is Going On In Spain?
by OP-Mall on Wednesday, November 5th, 2008 in Spanish Property
The Spanish property market seems to have gone from bad to worse. According to the latest news, more than 900,000 new homes are still unsold this year. This is a very large figure, too worrying to ignore and even Spain’s prime minister Zapatero warned that the nation’s banks will not escape this situation unscathed.
Property Grand Prix – Spain
by OP-Mall on Monday, April 28th, 2008 in Spanish Property
Formula 1 fans were able to tab into another great race the weekend just gone with the Spanish Grand Prix seeing another strong Ferrari win. This time the boys with toys were trading podium places from the last race in Bahrain with Kimi Raikonnen bringing home another win for the red team.




