Spanish property sales are definitely on the increase, mortgage applications are increasing and prices appear to have stabilised. Compared to 2013 month by month sales are up by nearly 40%.
2013 was the lowest point for property sales in Spain so this increase in 2014 is most welcomed and a positive sign that things are on the up, it cannot be denied that now is the best time to buy especially when it comes to bank repossessions
Another positive is within the construction sector, it is reported that “new build” completions have now stabilised which is great news, this sector alone was responsible for the loss of over 1 million jobs when the recession hit Spain.
So, can we safely say that things are on the up in Spain, well, it seems to be that way, what do you think?