Resale Property Prices Cheaper

Resale Property Prices Cheaper

According to Premier Marbella news sources, resale property prices or second-hand homes are 39% cheaper now. It is six years since the price of second-hand property in Spain reached its maximum values. In April 2007 it stood at € 2,952 / m² and since then has not...
BBVA Estimates Decrease

BBVA Estimates Decrease

According to Premier Marbella news sources, BBVA estimates housing oversupply will decrease modestly in 2013. BBVA ‘Research’ believes that the huge stock of homes for sale in Spain will be reduced “modestly” this year, in the wake of 2012....
Spanish Housing Stock

Spanish Housing Stock

According to Premier Marbella news sources, the Spanish housing stock has depreciated 1.1 billion euros in the last four years, from 5,713 billion euros to 4,600.9 billion euros, or 19.5% less, and, according to a study by the appraiser Euroval, in this period the net...
Spanish Housing Prices

Spanish Housing Prices

According to Premier Marbella news sources, Spanish housing prices correct the overvaluation of the past decade. The evolution of housing prices in the last ten years has been very similar to the cost of living, around 30%. Thus, between 2002 and 2007 the average...
TINSA Forecast Fall in Prices

TINSA Forecast Fall in Prices

According to Premier Marbella news sources, TINSA forecast a fall in Spanish property prices of 11.3% in 2012. Homes are now worth 11.3% less than a year ago and are overall 25% lower than in 2009. The property appraisals produced by Tinsa are testimony to this. The...