Foreign demand fuels Spanish property price rises
Spain’s market has come a long way in 2014. “Spain may offer one of the strongest recoveries within the Eurozone,” PwC highlighted in an investment report in January. Since then, the country has done just that, with its improving economy out of recession, property prices beginning to climb and demand from buyers soaring.
Taylor Wimpey España comments “Coastal areas and those offering top class sporting experiences such as the golf courses of the Costa del Sol have seen a definite upturn in terms of enquiries and sales during 2014. High quality developments with communal pools have attracted particular interest, with both property investors and second home owners keen to take advantage of Spanish bargains. There has been a fresh optimism in the market this year.”
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