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Author: danexem

Holiday Home Segment Now 13pc of Local Housing Market

Economy News Holiday Home Segment Now 13pc of Local Housing Market Holiday-home demand is back on the increase amongst local buyers, reveals new research. 13% of homes sold in Spain to local buyers are intended to be used as holiday-homes, according to a new report by the Spanish property portal Fotocasa titled ‘The Profile of Second Home Buyers in Spain’. Local demand for second homes is increasing as the economy improves after years in crisis. The report provides details on the profile of second home buyers in Spain, based on searches carried out by house-hunters at the portal and...

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Favourable Wind for Spanish House Prices

Property News Favourable Wind for Spanish House Prices The following article is an abridged translation of an article by Felix Lores – an economist working for the BBVA Real Estate research division – first published in the Spanish daily El Mundo on the 8th June 2017, arguing that Spanish house prices have the wind in their sales. “After six and a half years of contraction, Spanish house prices have risen for eight consecutive quarters,” explains Lores, with prices recovering 4.6% since Q2 2014, “after an adjustment of almost 38% in real terms.” “With this one can say that the...

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