Spain property booming? global property guide analysis

[kbbernadette]

Spanish housing market roars on



The Spanish housing boom continues. Residential property prices increased by 12.1% in 2005, lower than 2004’s growth of 17.2%.

Spanish house prices have increased by 120% since 1999, with strong rises in 2003 (17.6%), 2002 (18.1%), 2001 (14.8%), 2000 (14.9%), and 1999 (12.4%).

From 1999 to 2005, house prices rose by 150.5% in Andalucia, 136.4% in Madrid and 133.4 in Valenciana. The residential real estate sector is set for another strong finish in 2006 with first quarter figures showing a 12% (7.7% in real terms) y-o-y house price growth.

Foreigners can freely buy properties in Spain, and there has been much foreign investment in Spanish property."

full article:
Global Property Guide - Europe - Spain: Overview


Andalucia is certainly a hotspot for spanish property investment. What do you think of Tenerife?

kbbernadette

[neuronicone]

hi ,

I strongly agree with your points. In fact, I am an explorer of good land development to create good business, and my next target would be Spain. I am enticed by the fact that beautiful beaches and a touch of various islands surrounding the country makes the whole place like a paradise.

Areas near Canary Islands, you've got to see. I am particular eyeeing at Tenerife area. Tenerife properties are flashed everywhere with discounted price quotes.

I also find this area a good attraction for tourists and residents. There's actually some ads that features Tenerife guide or your could ask for referrals too.

Nice vacation to see.

[Kameryn]

Talking about the property in Spain? I'm thinking of moving to Spain for living and working now. I make the decision after I have traveled to Spain for several times and I recommenda all the peopel travel to Spain . I like costal del sol most and I stay there for more than two weeks. Now I'm searching the property in Spain and I have found some related site, spanish property and buy property spain . If you could give me some other suggestion or recommendation about it? Or should I find a job first? Is it difficult to do this? Any help would be much appreciated! Thanks in advance!

[andylow]

Good job, keep on posting. I work in real estate industry and hae found that Spain's property increased rapidly in the next few years, from the figures you've shown, I believe that invest in Spain is a sensitive choice. Before I've been to Spain on vacation, its beautiful scenery and pleasurable surroundings are the basic conditions for investing in Spain. palmas real estate and seville property are not bad property. In my opinion, buying, renting or investing theses properties can definitely bring much benefit to us.