Estate Agents & Advertisers: 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?

Secure Exit Strategy

Spanish property prices down

Date : (News Section: Spain)

Spanish property prices down

Spain is one of the nations to see the biggest annual fall in residential property values around the world, new research has revealed.

In the Knight Frank Global House Price Index, the European country was ranked 45th out of 51, experiencing a year-on-year drop of 5.5 per cent between the third quarter of 2010 and the same period in 2011.

However, the firm commented that the latest set of data indicates that Spain - as well as the other nations in the PIIGS (Portugal, Ireland, Italy, Greece and Spain) group - may be "over the worst".

The report stated: "Although prices in all five housing markets continued to fall, the pace of decline slowed in all but Portugal."

According to the findings, the Spanish property sector saw values slip by 1.3 per cent between the second and third quarters of 2011.

Figures published last month by Global Property Guide painted a more optimistic picture of the health of the real estate industry in the country, recording a lower quarterly price drop of 0.83 per cent.


Article created on behalf of News Desk ()

Related Articles

  1. Tourists Spend Record 6.08 Billion in Spain
  2. Property Market Revival Gathers Pace in Spain
  3. Strong Overseas Demand Boosting Spanish Property Market
  4. Property Price Falls Decline in Spain in 2013
  5. Spain Now Commands 3rd-Most Tourists Worldwide

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.

Min. 35% Net Return over 5 Years from 82,000GBP
Distressed Sales in Spain
Distressed Property in Sax Featured Property
Sax (Alicante)
House/Villa - 5-Bed, 3-Bath
€575,000 - Find out more »
Distressed Property in Pinar de Campoverde Featured Property
Pinar de Campoverde (Murcia)
House/Villa - 3-Bed, 2-Bath
€370,000 - Find out more »
Distressed Property in Benahavis Featured Property
Benahavis (Malaga)
Apartment/Flat - 2-Bed, 2-Bath
€235,000 - 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