Wednesday 19 December 2012

Overseas buyers help Spanish market to end year on a high

Global Edge


2012 has witnessed a perfect storm of negative news for the Spanish property market.  Prices are down year-on-year by 15.2% according to official statistics and the newly formed bad bank has led to a frenzy of price cutting by the savings banks.

The good news though is that on an annualised basis, Spanish property sales have increased for three months in a row
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