Zariko – Asunto Espanjasta – Property from Spain

Asunto Espanjasta – Property from Spain

04 Aug

Government of the Spain is trying to entice foreign investors

Government of the Spain is trying to entice foreign investors

Permanent Secretary of Spain, Beatriz Corredor, has been visiting several countries informing about oppurtunities to invest on real estates in Spain. According to Corredor, the housing market of Spain is now excellent for making investments.

In the first quarter of 2008 the prices dropped down 15% in Spanish housing market. The fall in prices has been most brutal in the coast, for example the prices drop by 40% in Malaga.

Good public transport, low crime and good weather are the arguments that Beatriz Corredor used when persuading swedish to invest in Spain on her visit to Sweden. Beatriz Corredor’s visit to Sweden was not a coincidence, because last year, more than a million Swedes went to Spain and in 2010, the the number of the Swedish housebuyers doubled from the previous year.

Corredor also present some statistics to support the positive price trends of the housing market forecasts and highlights the decline of number of the uninhabited houses and the  the 6% growth in the sales figures. Last year was the first year when the sales prices were increasing after the crisis.

Increasing of the prices in the housing market of Spain

- In the first quarter of 2008 the prices dropped down 15% in Spanish housing market.

- The price decline has been greates in the coastal cities. For example, in Marbella, prices have fallen by 40% and in Torrevieja by 31%

-In 2010, the housing market grew by 6% from the year before. The number of foreign housebyuers increased by 21% (the number of swedish housebuyers increased by 105%).

 

Read the origal article in Swedish:

http://di.se/Templates/Public/Pages/ArticlePrint.aspx?pl=238027__ArticlePageProvider

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