Good News For Spanish Property in 2010

Property register statistics recorded for the last quarter of 2010 indicate that the Spanish property market experienced a slight boost with slightly more properties being sold last year than in 2009.

The figures in the report by Mark Stucklin of Spanish Property Insight states that this equates to an increase of 5.38% on 2009 which is also the first time it has happened in 4 years.

As per the report, the increase can potentially be attributed to “temporary factors such as the elimination of mortgage tax relief at the start of this year, and the increase in VAT on new home sales mid-way through last year.”

The Spanish property market is also a long way off a full recovery but any increase is positive news for those in the industry and is a good indication of the expected growth to be seen across 2011.

Marbella Real Estate

With new listings uploaded to the Property Point Marbella database on a daily basis, we are certain that there are still good deals to be found and some amazing properties still coming on to the market. These days the whole purchasing procedure has changed slightly and those Marbella real estate agents who can’t keep up have long since been left by the way side with reputable agents specialising in Marbella property such as Property Point Marbella, leading the way with a steady stream of property viewings and constant interest.

If you want to know more about the current properties available please get in touch today with Paul O’Mahoney and the sales teams at Property Point Marbella who can guide you through the entire property search process.