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Spain is Still Hot

Article Date : Wednesday, August 09, 2006       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

If you thought Spain's property market was cooling off, then think again.  While in certain already developed locations property sales are certainly slowing down, new trends are growing for fresh investments in promising new emerging markets within Spain. 

Figures still remain very encouraging:  News in today shows that after last year's expansion of 3.4%, Spain’s GDP is tipped to continue to be the best in Europe through this year and beyond. 

Investment in Spanish property construction has grown by 7.4 % so far this year, beating the 6 % rise in 2005.   Indeed, figures in from Banco Bilbao Vizcaya Argentaria show that over the past five years cement consumption levels have increased by more than 15 % each year.
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