The decline of housing prices in Spain
since 2000 and over the next seven years in Spain saw an increase in property prices, in General, 5.5 %. Further, the crisis which has affected the whole world, and especially Spain and her bradstone Italy, has shaken the financial situation in the country, and there was a forced price fall for real estate.
seven years Later, in our time, in the 20147 year's decline does not stop, however, this fact has increased the demand twice on real estate, respectively, for the construction, by foreign capital, which in turn affected the number of jobs and reduction of unemployment rate, particularly the issue was especially acute among young people. In 2017, these circumstances are allowed to show around 3 % - so prices have fallen compared with the conventional an adequate amount. This statistic is actually positive, as in 2013, the trend of decline was 12 %.
If to speak about investments by Russian businessmen, it is the small compared to contributions from other countries because international busy background and a variety of sanctions against businessmen did not sufficiently financial resources to invest in real estate in Spain. Housing is mostly purchased by investors modest, but the demand for apartments from 500 000 euros there, and it is stable.
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Despite the fact that since 2007, the country has seen a continuous drop in property prices, according to experts, real estate still is a reassessment by 10 %.
Last year culminated in the growth of investment in real estate Spain. In accordance with statistics Agency for Irea consulting, investment in Spanish property increased by 37 % in terms of money - up to 1,081 billion.
After a thorough analysis of the Spanish real estate market, most experts confidently talked about the fact that he is still in position around the low start, and until the restoration it will be almost invisible.
at issue is the process of invisible growth of the property in such a country as Spain. Some people say that it's just a fairy tale, and in fact no growth of the building process just yet.