Posts Tagged ‘ Holiday Home Spain ’

Non resident property sales sluggish in first quarter

Monday, June 14th, 2010

Non-Spaniards purchased just 513 coastal properties in the first three months of 2010, according to official figures released by Spain’s Ministry of Housing, which is a slight increase (6% to be exact) on the same period last year, when a mere 484 holiday homes were purchased by non-domiciled buyers.
This rate of sale, which is less [...]

Spanish holiday home oversupply rises again

Monday, May 17th, 2010

Unsold holiday homes in Spain’s most popular coastal regions account for 61% of the one million empty properties in the country, according to figures released this week by Spain’s Ministry of Housing.
In 2009 there was a 12% increase in the number of newly-built homes that remained in search of a buyer, totalling 688,044. When you [...]