Overseas property...

View information on...

Homes Go Fast

Free News Service

Subcribe to property news

Embed this content on your site

Subscribe in a reader

Property Sales Enquiry Line

For UK Residents call free on:

0800 043 00 96

For visitors out of the UK call:

+44 207 099 33 92

*property references are required

Overseas property news

We are dedicated to bringing the best and most up to date overseas property news to you daily, why not sign up for news alerts by email.

Concerted Effort by Global Authorities to Avert Crisis

Stansted Expansion Approved

Scotland Councils Going Green

Zaya Wins Most Luxurious Project in World

Turkey Still a Good Property Market

Overseas Property You Tube

Overseas Property

blogarama.com

Homes Go Fast

Selling Spanish Property proving difficult

Social Bookmark This!

After years of hotly increasing values, the Spanish real estate market is looking to slow down a bit this year. While that might not be what sellers want to hear, it makes it a great time for purchasers and real estate investors to get into this ever popular market.

Spain is the most popular international location for British property buyers. The popularity of the country has help to see sales and values increase substantially over the past decade. But, according to recent reports, a combination of slowing sales and an oversupply of housing is leading to a slowdown in the market.

According to a report in news service Bloomber.com, prices are already starting to decline across the board in Spain. Last year builders constructed 750,000 new homes and apartments across the country, more than in France and Germany combined. Unfortunately for these builders, annual demand is only running about 60% of that right now. This year, builders expect to construct less than 700,000 new properties.

Gonzalo Bernardo, professor of Economics at the University of Barcelona sees the glut of housing as prime reason for the slowdown. “The real killer of the housing market is the immense oversupply. Prices are already unofficially falling,” he noted in the article.

Selling Spanish property online has also seen an increase of activity with Homesgofast.com overseas property portal. Nicholas Marr CEO ‘We have an 30% increase in private sellers advertising their Spanish property with us. The majority of this increase is from German and UK owners who are looking to appeal to overseas buyers. We advise them to price their properties realistically, buyers will always compare like for like and there are some real bargains out there.

The current market, while distressing for sellers, is proving to be a boom for investors. For those looking for long term value and a second home, it’s a great time to be looking. Patience is key, but there are plenty of great values. Additionally, builders are offering plenty of incentives to buyers of new properties. These include discounts, cars and free garages, among others. It’s a good time to be looking for homes in Spain.

View Spanish Property For Sale

Further advice on Selling Spanish Property

We Can Distribute Your News

Our news service includes distribution to Google News and is syndicated by RSS to numerous news websites we can distribute your news and press releases all from one place

Overseas property news is updated daily and written by a team of researchers dedicated to providing quality news. Many of the our contacts in the overseas property market provide us with news and a variety of other news sources. Interested in becoming a news source please contact us

Learn more:HomesGoFast.com News Service

The Home of Overseas Property

Buying sell find international property

Foreign Currency Advice	Investment property
Free property finder service	Overseas property developers
Overseas mortgages	Real estate agent services
International property lawyers	Selling property privately

Overseas Property For Sale

Our top overseas property investment hot spots

Spain France Portugal Turkey Bulgaria Cyprus Italy United States Greece Malta Egypt Dubai Brazil Cape Verde Hungary Croatia Thailand Germany Poland Morocco