News: Spanish resale property prices fell by 2% in 2015
According to recent reports, the downward adjustment in the price of second hand property in Spain last year was 2%, while prices fell by 0.7% in the last quarter of 2015, bringing the average price per square metre at 1,563 euros.
Even though the number of new mortgages still does not balance out the number of cancellations, mortgage lending has somewhat returned to normal and this has been an important factor in the process. Spanish banks are now offering mortgage loans with better conditions than a few months ago.
While the decline in prices may still be considered insufficient in some markets, prices have started to rise very gently in others. Therefore these increases should only be seen as a normalisation of the real estate sector.
At present, it is possible to find more modest properties with an average price of less than half those at the top of the league, while many investors are buying real estate at much lower prices than a few years ago, even in the popular areas around the Costa Blanca, including Torrevieja, Orihuela Costa and Pilar de la Horadada.
Featured Properties
- Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 1706 48m2 1 1 - Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 1380 68m2 2 1 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1536 85m2 3 2 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1359 76m2 2 2 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Campoamor
Ref.: 1372 54m2 2 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1634 65m2 2 1 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Mil Palmerales - Mil Palmeras
Ref.: 1379 80m2 2 2 - Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Playa Flamenca
Ref.: 1753 84m2 2 2 - Sea viewClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1534 54m2 2 1 - Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1361 68m2 2 1 - Sea viewEXCLUSIVEClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: D1730 80m2 3 2 - Sea viewClose to sea
Town House - Resale
Spain - Alicante / Costa Blanca South - Cabo Roig
Ref.: 1624 95m2 4 2 -
155.000€145.000€Town House - Resale
Spain - Alicante / Costa Blanca South - Los Altos
Ref.: 1378 2 1 - Close to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 2302 63m2 2 2 - EXCLUSIVEClose to sea
Apartment - Resale
Spain - Alicante / Costa Blanca South - Pilar de La Horadada
Ref.: E3771 65m2 2 2
Latest properties
-
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 2302 63m2 2 2 -
Villa - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 2301 111m2 3 2 -
Villa - New build
Spain - Murcia - Cartagena - Mar de Cristal
Ref.: ON1824 128m2 3 3 -
Quad House - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 6175 72m2 2 2 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Punta Prima
Ref.: 1650 89m2 2 1 -
Villa - Resale
Spain - Alicante / Costa Blanca South - Playa Flamenca
Ref.: 6174 114m2 3 3 -
Villa - New build
Spain - Alicante / Costa Blanca South - Lo Romero
Ref.: ON1823 122m2 3 3 -
Apartment - Resale
Spain - Alicante / Costa Blanca South - Torrevieja
Ref.: 1651 61m2 2 1 -
Town House - Resale
Spain - Alicante / Costa Blanca South - Los Altos
Ref.: 1652 85m2 3 2