News: Property prices stop falling
Written by Inmo Investments - 31 Jan 2016
According to recent researches from the Property market report in 2015
carried out by one of the mayor property portals of Spain – Fotocasa,
the average price of second hand homes in Spain fell by -0.8% in 2015,
placing its value at 1,619 €/m2 compared with the figure of 1,632 €/m2
from the year at the end of 2014.
This yearly decline of -0.8% registered in 2015 is nearly five points lower than the decline from 2014 (-5.7%) and is the smallest decline recorded since 2007.
According to the head of research for the portal, this is clear signs of the prices in Spain stabilising. They said that in 2015 the double digit declines registered in recent years were left behind, and that prices begun to climb in certain areas “because after falling up to 45.2% of its original value, the falling cost of housing has coincided with a re-opening of mortgage credit, which was crucial in order for the sector to recover again. As a result, we ended 2015 with more positive forecasts for the real estate sector".
The property market values has actually seend a decline of -45.2%, on average, since it reached its historical peak in 2007 with a value of 2500 €/m2. The regions which have registered even greater accumulated declines since then are: La Rioja (-55.1%); Castilla-La Mancha (-52%); Navarra (-52%); Aragón (-52%); Murcia (-49%) and Valencia (-48%). Regisions which recorded the lowest accumulated declines in their housing prices are: Galicia (-31.5%); the Balearic Islands (-33.1%); Castilla y León (-36.3%) and the Basque Country (-37.3%).
5 regions recorded price increases at the end of 2015, the greatest being the increase registered for the Balearic Islands (+3.3%), followed by La Rioja (+2.4%), Madrid (+1.4%), Andalucía and Galicia (+0.7%).
Signs of recovery are also evident in our specific coastal areas (Costa Blanca south) where prices are growing in prime locations near to the beach such as Campoamor, Cabo Roig, Playa Flamenca, La Zenia and Punta Prima.
Detached Villa - Resale - Ciudad Quesada
Spain - Costa Blanca South - Ciudad Quesada
This superb detached villa is presented for sale in excellent condition and has been maintained to a very high standard. The property offers a spacious family accommodation with 5 bedrooms and 2 bathrooms distributed over two levels. The property is situated on a 250m2 plot within a small community of half a dozen or so similar detached villas and a beautiful communal pool area.Entrance to the property is from a classic, arched covered terrace at the front. Inside there is a nice open,...250 5 2
Bungalow - Resale - Los Balcones
Spain - Costa Blanca South - Los Balcones124.900€
Impressive corner ground floor bungalow style apartment. in Los Balcones . The property is modern and light throughout and comprises 2 double bedrooms with fitted wardrobes, renovated bathroom, ample lounge/dining room and semi open, fully fitted kitchen. The property boasts seriously impressive outdoor space, set on an outstanding private corner plot of 210m2 , with plenty of space for installation of a private swimming pool and which currently boasts covered balcony terrace, a low...61 210 2 1
Villa - Resale - Montemar
Spain - Costa Blanca South - Algorfa350.000€
Extensive and super spacious detached villa for sale located in the quiet and peaceful residential community of Montemar, Algorfa. The villa offers an impressive 273m2 of living space and comprises 5 bedrooms, 3 bathrooms, with the master bedroom boasting en-suite bathroom with access to the main terrace on the first floor and which boasts stunning panoramic views over the countryside, very spacious lounge with adjoining raised dining area and separate fuly fitted, modern kitchen,...273 1.200 5 3
Apartment - Resale - Campoamor beach
Spain - Costa Blanca South - Campoamor189.000€
Situated on one of the most prestigious areas on the Orihuela Costa , close to the beaches of Campoamor, this well located first floor apartment offers 3 bedrooms 2 bathrooms, modern kitchen and utility room, and a spacious living/dining room. Outside space boasts corner position terrace with panoramic Mediterranean Sea views. The apartment for sale is offered fully furnished and key ready, complete with white goods, air conditioning and private garage space in the underground parking...86 104 3 2
Villa - Resale - Las Ramblas Golf
Spain - Costa Blanca South - Las Ramblas420.000€
Stunning villa with private pool at the prestigious golf course in Las Ramblas on the Orihuela Costa . The villa for sale is located on a spacious plot with a swimming pool, parking for several cars, a seating area with pergola. The two-storey villa has 4 bedrooms with fitted wardrobes, 2 bathrooms, a spacious lounge-dining room, a new furnished kitchen with appliances. 3 of the 4 bedrooms are located on the ground floor and have exits to the terrace with swimming pool and master...140 392 4 2
Semi detached villa - New build - Busot
Spain - Costa Blanca North - Busot137.000€
Last few remaining, modern semi detached new build houses in Busot, Alicante provide 2 bedrooms and 2 bathrooms. A light and airy living/dining area and a fully equipped kitchen. Outside space boasts a spacious garden and terrace, perfect for all year round sun. Communal areas offer a large communal pool with jacuzzi and landscaped green areas. The villas are all sold with necessary extras including pre installed air conditioning, double glazing and security grilles. Situated with...68 84 2 2
Apartment - Resale - Campoamor Golf
Spain - Costa Blanca South - Campoamor
Built in 2003, modern ground floor apartment for sale at Campoamor Golf Resort. The apartment offers an elevated position, despite being accessed from the ground floor with stunning views and comprises 79m2 of living space with 2 double bedrooms with fitted wardrobes, 2 bathrooms, ample lounge/dining room with terrace access and modern open plan kitchen with utility room. Outside space boasts spacious 16m2 South facing sun terrace with distant sea views. Sold partly furnished but...79 95 2 2
Town house - Resale - Boulevard area
Spain - Costa Blanca South - La Zenia219.000€
Built in 2015, this semi new town house for sale offers outstanding modern living in the heart of La Zenia . The property comprises 2 double bedrooms with fitted wardrobes, family bathroom, downstairs WC/cloakroom, lounge/dining room, open plan kitchen, terraces off both the lounge and main bedroom, and benefiting from a private solarium with direct pool views. Set on a modern complex with communal parking, swimming pool and gardens designed for enjoying the mediterranean climate to the...78 2 2