4 bedrooms, 2 bathrooms, Area Lot 15,000m2, Built area 300m2, Swimming-pool, Seaside Resort, In Rural Area, Campos (Mallorca,Balearic Islands)
Beautiful and light-filled one-storey house that features: terraces, swimming pool, large kitchen with fireplace and living with fireplace too, high ceilings, central heating, garage, storeroom, solar panels, garden and panoramic views of the countryside.
The property sector in Spain will recover, but at a different rate across the country.
Looking towards the country’s bigger cities will give an indication of the forthcoming tendency. For example, in Madrid, prices have readjusted by around 40% and the market has started to move. This means that investors have begun to take action, realising that prices are not going to drop any further.
A similar occurrence is taking place in Barcelona and in a number of the Basque capitals.
However, the major surprise is that economists and real-estate professionals believe that house prices in popular tourist coastal zones, have also bottomed out and are on their way to recovery. This is true for areas such as the Costa del Sol, where prices fell before and have recovered before others in the Levante region.
According to a report by global consultancy firm Deloitte, there are now 20 provinces that are well on their way to recovery and are returning to normality with regards to property. ...continue reading "Property recovery in Spain"
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