Market going up 4.8%

D

DC

Member
The latest figures is Spain is going up
4.8% across the country

And may be driven by cheap money. 2% fixed rate for 20 years.
 
P

PostBrexitInvestor

Member
Interesting - who is taking up the slack from UK investors who seem to be selling their Spanish properties?
 
D

diyhelp

Active Member
Will Spain feel any heat from the Italian financial crisis? How would this impact Spanish property prices if contagion were to sweep through Europe?
 
L

lookinginvest

Member
Whether or not Catalonia goes independent is a different matter but there will be growing friction between Madrid and Catalonia. Will this impact on the Spanish economy? Will it hit Spanish house prices?
 
D

diyhelp

Active Member
Once Brexit settles down I think that UK investors will return to the Spanish market and help to pick up some of the slack. I read just a few months ago that there is still a lot of unsold stock on Spanish bank loan books as a consequence of mortgage defaults after the 2008 financial crisis began. This will not help prices in the short to medium term.
 
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