Property sales in Spain recover to pre-crisis levels

Category: Economics
Property sales in Spain recover to pre-crisis levels

Property sales in Spain are steadily continuing to grow and are very close to catching up with the pre-crisis levels.

In 2018, there were 480 thousand properties sold which is considerably more than in 2017. Over 80% of deals were made in the existing housing markets. This number can be compared with the figures during the peak period in the real estate market.

Meantime, new housing sales are not that impressive, though they are also steadily growing. For example, in November 2018 the growth rate of new housing sales amounted to 8% and there were 90 thousand property deals made.

Read also
  • Trinitario Casanova, the president of Baraka Properties, the construction company which is the member of Grupo Baraka, will invest €60 million in construction of the two 26-storey skyscrapers in Torrevieja. These two buildings will offer over... Read more
  • According to the research, Madrid is going to be the fourth most investment attractive European city in 2019. The rating of the Spanish capital has grown comparing with the previous month. The top list of the most investment attractive cities in... Read more
  • Corvere Airport Murcia has made the Costa Blanca and Costa Calida closer and more affordable with expected low-cost flights to Murcia and Cartagena. It took over 10 years to build the new international Murcia airport. It has started operating very... Read more

Subscribe to our newsletter
Enter your email
Request callback