What has been the average price appreciation over the last few years?
Everyone knows about the amazing property boom in southern Spain over the last few years. In 2004, average property prices rose by a dramatic 21% in Andalucia. However, this boom was clearly unsustainable and 2005 saw a more healthy overall increase of 12%. It’s no secret that more recently, along with property markets across Europe, the market in southern Spain has suffered and prices have seen significant decreases. While this means it’s not a market for those who want to make a quick buck, it does offer some unrivalled opportunities for those who understand that a property in Spain is not just a financial investment but a lifestyle investment for them and their family. There are some heavily discounted properties available, but rather than negotiate your way around the maze of so-called ‘distressed’ and ‘repossessed’ properties, come and see the team at yourVIVA and we’ll find you a real bargain.
