Spanish Housing Market increased 7 per cent in property inquiries from international buyers
Property Wire Investors publishes an interesting article on the Spanish Housing Market:
"Infrastructure revitalization and a generous government tax incentive is stoking prices and sales in Spain’s property market according to research provided by real estate portal Kyero.com and Spanish development firm Taylor Wimpey España.
The national average house price in Spain rose to €266,100, and analysts from one large overseas mortgage broker have noted a 7 per cent rise in property inquiries from international buyers. Areas that have seen significant price increases include Alicante, Murcia, Costa Calida and Costa Blanca.
Spanish property prices are rising with interest from second home owners likely to increase as the country experiences record tourist numbers, it is claimed".