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 property price rise not imminent

Date : (News Section: Spain)

Spanish property price rise not imminent
Spanish property prices won't be increasing in the near term, according to one expert.

Gerald Beck, managing director of Raiffeisen, told Property Investor Europe that across the continent a real estate recovery will not occur during 2012/2013, as was originally envisaged.

"We think that the market recovery will not come as quickly as we all had hoped," he said. "As things stand now, we will not see it happen next year."

With property prices already at rock bottom in Spain, this won't be good news for those looking to sell their homes in the near future.

However, for buyers looking for budget property, this means they will have longer to benefit from record low prices.

Mr Beck also predicts a greater number of distressed assets entering the market in central and eastern Europe.

However, he is relatively optimistic that the market will begin recovery in 2014 once the euro crisis ends.

Article by +Peter Mindenhall on behalf of

Related Articles

  1. UK Investor Appetite for Overseas Property Still Riding High
  2. The Rise and Fall and Rise of Property in Fuengirola
  3. 10 Things You Never Knew About Spain
  4. The Balearics: One of the Most Desirable Property Hotspots
  5. 20% of Spanish Property Bought by Foreigners in Q1 2014

Secure Exit Strategy

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.

Receive your free Halcyon Palms brochure
Investment Property
Distressed Property in Puerto Banus Featured Property
Puerto Banus (Malaga)
Apartment/Flat - 2-Bed, 2-Bath
€295,000 - Find out more »
Distressed Property in Estepona Featured Property
Estepona (Malaga)
Apartment/Flat - 3-Bed, 1-Bath
€98,000 - Find out more »
Distressed Property in Coin Featured Property
Coin (Malaga)
House/Villa - 5-Bed, 2-Bath
€269,950 - Find out more »

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