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 prices down

Date : (News Section: Spain)

Share
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.
 

Share

Article by +James Roberts on behalf of Propertyshowrooms.com

Read More

  1. 11 September 2014 - French Buyers Swamp Spain in Property Bargain Hunt
  2. 09 September 2014 - Rising Like a Phoenix from the Ashes
  3. 03 September 2014 - Visitors Flock to Spain in Bumper Year for Tourism
  4. 26 August 2014 - Bumper Year for Tourism Boosts Hotel Investment Sector
  5. 14 August 2014 - Spanish Property Sales Up 8.8% in June






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
Distressed Property in Denia Featured Property
Denia (Alicante)
House/Villa - 2-Bed, 2-Bath
€398,000 - 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