Gould Heinz & Lang Ibiza – News

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April 15th, 2014

According to Kyero, the largest property portal in Spain, “Spanish property sales are up, mortgages are increasing and prices are stabilising… For the second month in a row, the quantity of property sales grew strongly, increasing by nearly 40 percent compared to 2013. The value of property sold so far this year has steadied and there was a slight increase in average selling price, figures which corroborate reports that asking prices have flattened out in the last three months. The results place 2013 as the low point for Spanish property and, after such an underwhelming year, an improvement was arguably more likely than further decline, but the latest results also demonstrate more sustainable signs of regeneration for the industry. Most notably, mortgage agreements have begun to increase, with more than a third more properties purchased with the aid of a loan…”

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