Sales of property in Spain rise as prices continue to fall

  • 13 years ago
  • Uncategorized

Foreign buyers are snapping up
property bargains in Spain in larger numbers than for some months, according to
the Spanish arm of one of the UK’s most well-known house builders.

Taylor Wimpey España, the Spanish
arm of the UK house builder Taylor Wimpey Plc, have reported strong sales in
September and October 2011.  They
also report lots of overseas interest as property prices in the country
continue to offer excellent value.

UK enquiries for Taylor Wimpey property in Spain rise 45% in a year

According to their latest
figures, Taylor Wimpey España’s property sales rose by 15 per cent in September
across Spain while UK enquiries alone increased by 45.5 per cent compared to
September 2010.

The figures also show that Brits
are the biggest buyers of Spanish property accounting for three in ten of all

Marc Pritchard, Sales and
Marketing Director of Taylor Wimpey España, said: “September was a great month
for us and October has been following in the same footsteps with positive sales
in the first 15 days as well as Costa del Sol enquiries rising dramatically
over the last 2 weeks.”

Prices of property in Spain fall again in September

Property in Spain continues to
offer excellent value with the General IMIE index of Spanish house prices
published by TINSA saw once again seeing prices decline in September.

According to the figures, average
house prices in Spain are now 7.4 per cent lower than they were a year
ago.  Properties on the
Mediterranean cost are worth an average of 8.2 per cent less than they were in
September 2010.

The TINSA figures showed that
since the Spanish property market’s peak was in December 2007, and that values
have fallen by an average of 24.1 per cent since then has helped thousands of people since 2004 Sell Spanish property

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