Big Banks Expect Spanish Property Crash will draw to a close this year.

Some of Spain’s biggest banks are both forecasting that the Spanish property crash will draw to a close this year. Earlier on in March BBVA published a research report forecasting more home sales this year “accompanied by a moderate growth in prices, and another rise in development activity,” citing improved expectations for economic growth, and…

Spanish Mortgage News: Rates Down, Lending Up

In Spanish Mortgage News the Euribor fell to yet another record low of 0.212% in March, a decline of 17 per cent in a month, and 63 per cent in a year, reducing monthly mortgage payments for borrowers in Spain, whilst new mortgage lending rose 20 per cent in January. The annualised decline in Euribor…

Property Buyers Return To The Spanish Coast

The Spanish coast is back in favour with second-home buyers and Property Buyers Return To The Spanish Coast. Prices have fallen 47.7 per cent since 2007 according to the valuation company Tinsa. That said, in some areas, and depending on proximity to the coast, holiday homes have fallen up to 80 per cent in price,…