Spain has enjoyed several years of rising home sales, with some of the highest figures since before the financial crisis of 2008. This past October, Murcia accounted for 23 percent of Spanish home sales – making it one of the most popular provinces to buy a property in Spain.
Now that we’re entering the busiest time in Spanish real estate, the six months leading up to summer, we expect to see the trend continue. We’re not alone; Property Wire confirmed Spanish home sales are anticipated to continue recovery in 2018.
Prices are also expected to continue their upward climb. In November 2017, home prices were up 4 percent, with the biggest trend focusing on “moderate price growth.”
Why and Where to Buy in Murcia
If you want to buy a property in Spain, then it’s a great time to look at Murcia. While home prices may increase this year, … Read More
Spain is a major powerhouse throughout the world when it comes to Sports. Football is most likely the first sport that comes to mind when you think of sport in Spain, as two of them most dominant teams in the world, FC Barcelona and Real Madrid FC are of course Spanish. Other sports where the Spanish excel include basketball, golf, motorcycling, cycling, tennis, and Formula One.
However, you don’t have to be as accomplished as Rafa Nadal or Marc Márquez to enjoy the sporty lifestyle Spain has to offer. One of the most compelling reasons why the British move to Spain is unsurprisingly for the weather, and this naturally leads to spending much more time outdoors than most people are accustomed to in rainy and dreary Britain. As a result, even those who have never partaken in any type of sporting activity find themselves becoming more active when they move … Read More
Residential property in Spain is about 10% more expensive than a year ago, but that’s not stopping buyers from snapping up homes.
In fact, sales are expected to increase by 7% in 2017, according to BBVA.
What’s creating the demand for Spain real estate, and is now the right time for you to make an investment?
As Economy Improves, So Does Spain’s Real Estate Market
Even though prices are predicted to show a 5% increase this year, the interest rates are at an all-time low, making it an attractive time to buy property in Spain. Foreign buyers from the UK, Germany, Belgium, France and other northern European countries are taking advantage of the circumstances while they can, creating demand and driving prices up even further.
In addition, unemployment in Spain is down and households have more disposable income available to buy a home. BBVA expects the number of … Read More