Follow on Google News News By Tag * Spanish Property * Real Estate * Homes * For Sale * Economy * Business * Investing * Finance * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | Spanish property sales continue to growThe latest figures released by the Spanish property registry have revealed that residential sales in Spain increased by thirteen percent in the third quarter of this year compared with the same period in 2009.
By: Rebecca Smith - Ocean Villas Group Pte. Ltd. The number of residential property transactions in Spain for Q3 was 124,593. Resale and new build property sales also increased year on year, registering nine and seventeen percent rises respectively. "On a rolling 12-month basis, there were 454,283 sales over 12 months to the end of Q3, up an annualised four per cent and a quarterly three per cent. Even if a percentage of these sales were banks swapping debt for property, I think the market has found its floor at around 400,000 transactions per year," said Mark Stucklin, author of the Spanish Property Doctor column in the Sunday Times. Rebecca Smith, sales director at Ocean Villas Group (http://www.oceanvillasgroup.com) "Savvy investors who buy now, at the bottom of the market, should see excellent capital gains over the next few years." she added. Visit article source here: http://www.oceanvillasgroup.com/ Author: Trevor Morley Website: http://www.oceanvillasgroup.com News, blog: http://blog.oceanvillasgroup.com # # # Ocean Villas Group are specialists in lifestyle and investment property worldwide and are committed to supporting investors in both the emerging and established property markets across the globe. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|