Spanish property sales continue the upward trend with positive data for May

Spanish Property

According to Premier Marbella news sources and a recent report published by the General Council of Notaries of Spain, 33,504 properties were sold in May, which would indicate that Spanish property sales are up 8.4% year on year, while the price of properties fell 2.5% to an average of 1.226 euros. Meanwhile, mortgage lending increased by 26.4% on an inter-annual basis in May, with 14,213 new loans. Continue reading

Marbella is the motor driving the increase in new building projects

Marbella

According to Premier Marbella news sources the number of housing projects in the province of Malaga in the second quarter of 2015 has significantly increased compared to the first three months of this year, with 270 approved building projects. Furthermore, compared to the same period of 2014 it has increased by 314 percent, from 146 to 605 in April, May and June this year. Marbella is the motor driving the rise in new building projects. Continue reading