Costa del Sol property news | RAD Property Services

Unsold new homes in Spain reduced by 50%

January 12, 2017

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The number of unsold properties built in Spain during the boom housing years prior to the 2008 crash is steadily falling, ending 2016 with 388,000 unsold properties, almost half of the 650,000 left unsold at the peak in 2009.

Previously considered unsaleable for reasons […]

Spanish mortgage interest rates end 2016 with another record low

January 9, 2017

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News, Property news

Having spent eleven out of last years twelve months in negative interest, the 12 month Euribor fell from -0.074 in November, ending the year at -0.08.

The Euro Interbank Offered Rate, otherwise known as the Euribor – the rate from which mortgage repayments are calculated […]

Spanish property price rises predicted to gain momentum over next four years

January 9, 2017

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News, Property news

According to R.R. Acuña & Asociados in their 20th annual assessment of the Spanish property market, the annual rate of increase in property prices will rise to around 5% by 2018, where it will remain until 2020.

Following a steady increase throughout 2016 which […]

Strong 2017 forecast for Spanish property market

January 5, 2017

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News, Property news

Following a positively uplifting 2016 in which the Spanish property market saw a real turn around, what does 2017 have in store?

Despite the surprise outcome of the Brexit vote in the UK, ongoing political turmoil in Europe and the rest of the world plus a […]