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Spanish property sales 'on the rise'

Property Showroom 29.10.2012
Spain plans residency rights for non-EU overseas property buyers

Spain is gearing up to offer automatic residency rights to property investors from outside the European Union who pay more than £130,000 for a house.

Spanish property sales 'on the rise'

The strong tourism industry in Spain is helping support the country's property market, with sales volumes increasing in September.

Swedish buyers focus of new Spanish property campaign

Real estate firms operating in the Spanish property market are targeting Swedish buyers in a new campaign.

Spanish property prices have fallen by over 50%

A survey conducted by the University of Pompeu Fabra in Barcelona and property firm Tecnocasa has revealed that the average price of a property in Spain has fallen by 53% since 2006.

Foreigners Buy More Real Estate in Spain

Property Magazine 20.09.2012

Spanish property sales decline

Property Showroom 13.09.2012
Foreigners Buy More Real Estate in Spain

Foreigners are purchasing real estate in Spain for the purpose of living there. There were 9,502 transactions made in the second quarter of 2012. That reflects a 12 percent growth over the same time period in 2011. It has been four years since such a high number of transactions took place. In 2007 there were 11,130 transactions made by foreigners.

Spanish property sales decline

The number of real estate transactions carried out in Spain in July dropped by 2.5 per cent, compared to the same month a year earlier.

Spanish 'Bad Bank' to Absorb its Worst Property Assets and Defaulted Loans

Spain's government has approved the creation of a so-called "bad bank" that will take over most of the nation's worst property assets and defaulted loans, reported Reuters over the weekend, in an effort to secure some much-needed eurozone bailout money for the nation's loss-making banks and to reform a banking industry devastated by a property crash.

Proportion of bad property loans in Spain increases

The proportion of non-performing loans on the books of Spanish banks hit its highest recorded level in June.

Spanish commercial property market deteriorates

The performance of the Spanish commercial real estate market has declined significantly this year.

Distressed property 'to outstrip demand' in Spain

The number of distressed real estate assets coming on to the market in Spain during the third quarter of this year is expected to exceed demand.


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