The latest figures from Spain’s national statistics department shows further improvement in the property market.
The average house price rose by 1.5% in the first quarter. The sale of new properties benefited from the highest increase @ 4%. Resale properties, by far the largest market, rose by 1.1%.
This is the 4th quarter in succession that property prices have increased. The increases were apparent in all regions of Spain.
The new build market experienced its best quarter for 7 years.
On a more localised level, GB Abogados have seen an increase in the number of enquiries for conveyancing services.