House Price Report: April 2017

Price Recovery Continues

Asking prices at are broadly in line with official figures, and confirm the Spanish property market’s continued recovery.

In April, prices showed steady (but not alarming!) growth of 5.5% per year. This would indicate that property which appeals to international buyers is returning to price points not seen since 2009.

As ever, there are wide regional variations: Ibiza continues it’s remarkable rise, driven by the high end market. Meanwhile the Canaries are also having a particularly strong year. Kyero has noted a lack of supply in these areas and strong growth from European buyers has put upward pressure on prices.

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