News - property price

The price of the house in Spain will raise an 8% in 2007 despite of the deceleration
All Spain, 11/07/2006 14:07:49

Spanish property price is expected to raise

Property in Southern Spain

Spanish property price will continue rising although in a controlled way. The experts assured that, although the increase of the price of the house in Spain will turn around 8% in the next year, the sector will undergo a smooth deceleration during 2007.

In addition, this moderation of the price of the property will cause a diminution of the purchase of houses with investing aims, and on the contrary it will favor the demand by replacement, that is to say, families who accede to buy a second home or to move permanently with the objective to look for more space and a better quality of living.

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