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Spain Real Estate News

What's really happening in the real estate world in Spain? The EOS Team are going to be keeping you up to date with everything that's happening from a market perspective.

Spanish Property Values Fall
25 October 2011 @ 11:26

Real estate prices in Spain continue to trend downward, although luxury properties are retaining their value and more foreigners are purchasing homes in the region. Tinsa, a Spanish appraisal firm, reports prices are down 7.4% in the last 12 months, and are declining to an ever greater degree in the country’s largest cities, with values declining as much as 31.9% from their historical peak.

High-end real estate, however, is doing well in the country. Places like Mallorca along the Mediterranean coast enjoy a strong market with plenty of demand, according to Sotheby’s International Realty.

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