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3.1% Increase In Spanish Property Values A Reassuring Indication Of Market Stability

BM Sotogrande - Sotograndeu00b4s Luxury Property Design Sotogrande specialists: Buying, Selling or Renting in Sotogrande, Costa del Sol Spain. For the 18 years architect and property expert Bradley Falconer has advised purchasers and sellers of the most prestigious Houses For Sale Sotograndeu2013 one of the jewels of the Andalucian coast. The prestigious property firms which Bradley Falconer has his foundations in were the original top-of-the market property developers of stylish homes in the Sotogrande area.<br>

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3.1% Increase In Spanish Property Values A Reassuring Indication Of Market Stability

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  1. 3.1% Increase In Spanish Property Values A Reassuring Indication Of Market Stability Recent figures in relation to the Spanish property market have suggested that after a sustained period of price and sales increases, the nation is now seeing more stability with regard to both of these key measures. However, it’s also arguable that we should not see this as a bad thing. The valuation firm Tinsa, for example, has just released monthly data indicating that October saw Spanish property prices go up by a relatively modest 3.1% on a year-on-year basis.

  2. What do the latest figures tell us? Other Tinsa findings also point to a Spanish property market that is stable rather than volatile – such as the fact that building licences have only gone up by 8.3% over the first eight months of 2019, while the number of mortgages granted increased by 5.8% during the same period. We have also, however, recently seen new figures released by Spanish notaries, although these largely paint the same picture as Tinsa’s figures. The provisional number of residential property sales recorded for September 2019, for instance, is exactly the same as that for September 2018, at 42,538. Reasons for Sotogrande property-hunters to be optimistic While the overall impression is certainly a more muted one for the Spanish property market than we have seen in recent months and years – including the first few months of 2019 – it should not exactly be a negative one for many of those interested in investing in Property In Sotogrande. Sotogrande, after all, is one of the most prestigious corners of Andalucía for those seeking out luxurious and desirable property, together with a rewarding lifestyle. The community is seen as something of a playground for royals, politicians and footballers, with the likes of the Duchess of York, former British Prime Minister Tony Blair and England football legend Glenn Hoddle making appearances here. For more information visit our website: www.bmsotogrande.com

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