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news updates |
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Work starts on Malaga Exclusive Airport Shopping Centre |
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The Costa del Sol Malaga Airport, will soon have one of the most exclusive shopping centres in Spain |
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Marbella Malaga Railway Line Under Study |
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Spanish Government study technical & financial viability of railway connecting Marbella to Malaga |
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The Government wants Russian tourists to be able to enter Spain without a Visa |
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Tourist Board is carrying promotional activities in Russia, focusing specifically on Marbella |
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2013 Holiday Season Start with New Destinations to Malaga Airport |
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Ryanair, Air Lingus, Vueling, Turkish & Delta Airlines will start new Routes to Costa del Sol |
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Spanish Real Estate News & Lifestyle |
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Decline in Spanish Property Prices Slowing
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Norwegian, Chinese and Middle East Buyers are taking advantage of the current situation...
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Spanish property prices are starting to register smaller falls, according to new figures from Tinsa IMIE General Index ( Major Property Valuation Company in Spain).
On average prices fell by 10.8 per cent in June compared to last year - a smaller decrease than the 11.1 per cent annual drop in May.
And while house prices in the major Spanish cities continued to drop, the Balearic and Canary Islands again proved the most resistant markets to the negative trends: house prices there fell by a far less severe 6.8 per cent year-on-year in June.
Property in Murcia also registered smaller price drops of 13.3 per cent, an improvement upon Mays 14.1 per cent annual decline.
Commenting on the increasing popularity of Spanish property, Estate Agency said, We have seen a great increase from investors because of the regions wonderful unspoiled beaches as well as the ongoing developments in the area.
The upgraded International Airport in Malaga has seen an increase in the number of flights and passengers, making accessibility to this area better than it has ever been before, effectively creating a new property market for investors."
Source: APITS
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