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Spanish Property Prices Rising

3rd November 2006



House prices in Spain have increased by an average of 15 per cent annually for the last seven years, according to La Caixa research.

Furthermore, this trend shows no significant signs of slowing, as Spain's biggest real-estate company Metrovacasa says that property prices are expected to climb between five and ten per cent this year, marginally down from 2005's 13 per cent increase. The Foreign and Commonwealth Office (FCO) estimates that 17 million British nationals visit Spain each year, a huge figure that shows no sign of declining and so will help buoy the property market, both in terms of buying and renting.


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