24 Billion Euros Spent on Spanish Property in first 6 months of 2015.

















€24 billion was spent on Spanish residential property in the first half of 2015, being 8% more than the same period last year, reveals the Ministry of Development for Spain.

There has been 181,071 property transactions in Spain in the first half of 2015, an increase of 10%. Second-hand properties accounted for just over €20 million, 11.6% more than the same time last year. New build sales fell by 10.2% with a turnover of just over €3.3milion, according to the report.

Property sales increased in nearly all of Spain’s seventeen regions; La Rioja recorded the most significant upward movement with a 30% increase, the Balearics with 25% and Cantabria 15.8% .

The popular regions of Andalucia and Comunidad Valencia saw rises of 12.8% and 11.6% retrospectively.


New figures show that this is the second six-monthly period in a row showing positive movements in the property market sector after a three year downward trend.

Comments

Post a Comment

Popular posts from this blog

Antonio Banderas attends performing arts school in Malaga

Image
The actor was back in Malaga to support local talent at the Performing Arts School but ruled out rethinking his decision to withdraw from the project Antonio Banderas returned to Malaga for the first time since he withdrew his involvement from the project to convert the old Astoria and Victoria cinemas in the city’s Plaza de la Merced into a major cultural centre. The actor and director was back home on Tuesday evening to collect an award from Malaga’s Performing Arts School (ESAEM), as well as to show his support for theatre in Malaga and the young talent on show in the local area. Before the gala, the 56-year-old confirmed his stance on the Astoria project and ruled out getting involved in future public sector projects, although he stated his commitment to give Malaga a cultural legacy from the private sector. That way, he said, would be “much less toxic” as he didn’t wish to “get tangled up in such things”. “We are going to stop, think,
Read more

Luxury 7 bedroom Villa for summer rental in La Quinta, Marbella.

Image
Modern family villa located in a front-line golf position in Lomas de La Quinta, a gated and secure community in the heart of the Golf Valley. Built on three levels and south facing with panoramic sea, mountain and golf views. Finished to the highest  standards, this villa is tiled in a combination of Travertine marble and wooden parquet floors and is equipped with central oil underfloor heating, alarm system, hot & cold air conditioning, satellite television, Lutron lighting system, central vacuum system and a water tank.   This magnificent villa offers an entrance hall, reception room with fireplace, dining room with fireplace, summer dining on the covered porch, six bedrooms with en-suite bathrooms, fully fitted kitchen with fireplace and breakfast area, home cinema room, wine cellar and heated indoor swimming pool with sauna and shower in the main house.  The master suite includes a dressing room, fireplace, kitchenette and complete bathroom with jacuzzi bath
Read more

Bargain of the week luxury villa located within an exclusive gated community - Property for sale Marbella

Image
Luxury villa, with bright rooms and high ceilings with quality fittings through out, the villa is located within an exclusive gated community considsting of only 18 villas. The original sales prices of € 2.150.000, has been cut to  € 1.200.000,- This is a price reduction of 45%. !! The ground floor offers an entrance hall, kitchen with breakfast corner, guest cloak room, bedroom with en suite bathroom, large living room with dining area and nice terrace. The first floor comprises the master bedroom with its own private terrace and dressing room and two further bedrooms with en suite. Moreover, there are two further bedrooms en suite and a living room in the basement. Although the villa has no private pool, there is a marvelous heated swimming pool with a sun deck and pergola in the communal garden. All villas in this luxurious development are accessed through an underground access, which leads you directly into you garage - hence there is no traffic within the community,
Read more