You've landed on our UK website.
Click here to visit our USA website.

If you are having difficulty locating the information you require, we're here to help. Just get in touch and we will do our best to assist you.

Spanish property prices rise by 6.3%

For eight quarters in a row, housing prices in Spain have risen, with the average cost of housing in the Eurozone increasing by 3% during the 12 months to the end of 2016’s first quarter.
 
According to research by European Union (EU) statistics unit Eurostat, housing prices in Spain alone have grown by 6.3%, a figure not seen since 2007.
 
Research also revealed that as a result of such a constant increase in housing cost, residential property in Spain is now worth 32% less than it was eight and a half years ago.
 
Eurostat analysts believe that the property growth in Spain shows no sign of stopping, although not particularly as sharply as the latest figures, due to a constant fall in unemployment numbers in Spain.
 
Elsewhere, year-on-year prices also grew in Hungary and Austria, at 15.2% and 13.4% respectively. House decreases only occurred in Italy and Cyprus, both falling by 1.2%. 

 

Check our exchange rate

Thanks, we'll be in touch.

Check your inbox - one of our currency experts will be in touch to complete your quote.

If you want see our online exchange rates straight away, simply register online & log in.