Many of our golfers have property near many of the great golf courses in the area and bought them when times were better. They often ask what is happening regarding property prices here as they see so many “Se vende” signs on houses and apartments when travelling in this area.
Some parts of Spain are seeing property prices increase but some experts point out that it is affordability that will be a key to a recovery in the country’s real estate market. According to Facilismo.com, Spain’s number one property portal, Murcia has posted the highest house price rises of all the nation’s autonomous regions at 0.24%.
This makes it one of a select quartet of communities showing positive growth in January 2010 with Valencia second at 0.11%, Cantabria third with 0.09% followed by the Basque Country with 0.06%.
From Golf4uAlicante Blog, post House Prices recovery
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Tue, Apr 13, 2010
General