Sales and Prices Still Increase in Some Areas of Spain
Despite the continuing gloom and bad news over the Spanish property market some areas of Spain continue to show growth both in sales and prices. This growth has often been fueled by foreigners continuing to purchase in Spain.
Resale property prices, as sought by sellers, in the some areas have shown some healthy growth when measured over the year ending in the first quarter of 2008. These are:
Huelva + 37%
Sevilla + 21%
Tarragona + 11%
Tenerife + 6.4%
Valencia + 6%
Castellon + 5%
Jaen + 5%
Cordoba + 4.5%
Other areas, such as Alicante, Almeria, Girona, Granada, Malaga, and Murcia have remained flat over the year.
So, there remains plenty of sunshine in Spain’s always exciting and interesting property market.
