Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?


Spanish house prices 'continue downward spiral'

Date : (News Section: Spain)

Spanish house prices 'continue downward spiral'
The value of residential property in Spain has fallen further in the second quarter of this year.

According to the latest Global House Price Index from Knight Frank, the cost of purchasing a home in the south European nation declined by 2.5 per cent between the first and second quarters of this year, while they are also down by 8.3 per cent on an annual basis.

This made Spain the fourth worst performing housing market surveyed by the organisation, with Ireland, Hungary and Greece the only countries to see more shaved off the value of real estate.

Many of the eurozone countries have struggled to see an improvement in their property sectors, with Kate Everett-Allen, from the company's international residential research team, pointing out that 13 of the 17 eurozone members are in the bottom half of the table.

These findings are similar to those reported by Global Property Guide last month, with the publication recording house price falls in 15 of the 22 European markets it surveys.

Among the worst affected were Ireland, Spain, Greece, Portugal and the Netherlands, all of which saw values drop by more than ten per cent year-on-year in the three months from April to June, according to the news provider's data.

Article by +Steve Binge on behalf of

Read More

  1. 26 August 2014 - Bumper Year for Tourism Boosts Hotel Investment Sector
  2. 14 August 2014 - Spanish Property Sales Up 8.8% in June
  3. 08 August 2014 - 2014: Property Investment Trends in 5 European Cities
  4. 17 July 2014 - UK Investor Appetite for Overseas Property Still Riding High
  5. 16 July 2014 - The Rise and Fall and Rise of Property in Fuengirola

Let us search for you Let Us find Property in Spain for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Spain.

SubscribeGet Email Updates!


* We value your privacy and will never share your email address with anyone else.

USA Income Properties Fully Managed From $22,000

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Spain
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo