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You are here: Home / In the news / Spanish property prices increase in first quarter of 2015

Spanish property prices increase in first quarter of 2015

May 28, 2015 By Robert Sas

There was more good news from the Spanish economy recently when it was revealed that property prices have risen by around 2.65% during the first quarter of 2015 with residential sales up by 9%.

For British purchasers, this is a great time to buy a property on the Costa del Sol with the exchange rate favouring clients paying in Sterling. For example the favourable exchange rate means that in middle of May 2015 a €100,000 property costs a UK buyer approximately £10,000 less than it did at the same time in 2014.

It is without doubt that property prices had reached rock bottom here in Spain so with the upturn in property prices and the economy as a whole, now is a good time to buy villa!

 

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