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Costa del Sol Property Expert Sees an Increase in Prices in the Coming Months

The Spanish property market is being treated with kid gloves. While the country is making strides in its recovery from recession, the whole property situation remains terribly fragile. But the improving confidence is getting through to experts, and according to a recent analysis, many believe there will be a considerable rebound in the coming months.

Prices have finally hit rock bottom, according to the report. Sales also soared by 8.8% in June compared with the same period last year. Lending also increased, up by 19% in June 2014 and a slight rise in prices was registered, seeing values increase by 1% in the second quarter of 2014, the first quarterly rise for six years.

The difference between now and 2007 is that buying is no longer speculative. Investors are not looking for a quick turn around and sell but a long term investment, we see people making money through renting. Any yield higher than 5% is considered a noteworthy investment and an 8% to 9% yield is a real money maker...

If you would like Xcape Real Estate to help you find the right bank repossession, luxury property on the Southern part of Spain or achieve your Spanish Residency, please do not hesitate to fill the form on contact Us or give us a call on +34 952 811 010 Now!

We look forward to assisting you on your property purchase or rental on The Costa del Sol, Spain.

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