Price of property for sale in Spain up by 2.7% in March
According to the latest report released by Tinsa, a Spanish company working in real estate valuation, the price of property for sale in the country rose by 2.7% in March over the same month of the previous year and a 3.2% increase in the first three months of the year.
As Tinsa has pointed out, the increase recorded in March was mainly caused by the behaviour of prices in the islands and in capital cities. Specifically, prices have risen the most in the Balearic and Canary Islands, with an increase of 7%, and in "capitals and large cities", with a 5.5% increase.
Tinsa also highlighted the good results obtained in March by the Mediterranean coast, Costa Blanca, where home prices rose 1.8% above the figure recorded in the third month of 2016.
The cumulative decline since the highest figures recorded in 2007 has fallen by 40% for the first time since June 2014 and has stood at 39.4%. In particular, the greatest fall in prices has been recorded in the Mediterranean coast, with a decrease of 45.5%.
If you have decided to go for the house of your dreams, we at E-Style have a wide selection to choose from. Here are some examples:
Property for sale in La Zenia, Costa Blanca, Spain
Property for sale in Punta Prima, Costa Blanca, Spain
Property for sale in Villamartín, Costa Blanca, Spain
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