| FAIRWAY VILLA, PHASE 1 |
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| Location: HACIENDA DEL ALAMO |
| Floor space: 225 sqm |
| Bedrooms: 5 |
| Purchase price 795.000 Euros |
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| RESIDENCIAL SOL Y MAR |
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| Location: COMPLEJO - LOS NIETOS - MAR MENOR, MURCIA |
| Floor space: 102 sqm |
| Bedrooms: 3 |
| Purchase price 219.000 - 259.000 Euros |
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| FAIRWAY VILLA - ALHAMBRA |
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| Location: TRAMPOLIN HILLS GOLF RESORT |
| Floor space: 138 sqm |
| Bedrooms: 4 |
| Purchase price 299.000 Euros |
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| VILLA LOS BELONES |
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| Location: LA MANGA CLUB |
| Floor space: 390 sqm |
| Bedrooms: 5/7 |
| Purchase price 795.000 Euros |
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| VILLA LOS MOLINOS |
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| Location: LA MANGA CLUB |
| Floor space: 100 sqm |
| Bedrooms: 2 |
| Purchase price 345.000 Euros |
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| CORAL 4 E, PHASE 2 |
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| Location: HACIENDA DEL ALAMO |
| Floor space: 111 sqm |
| Bedrooms: 2 |
| Purchase price 269.500 Euros |
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Partly Cloudy
Temperature: 8°C
Humidity: 71%
Wind: WSW at 11 km/h |
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« Overview
| FOREIGN INVESTMENT IN SPANISH PROPERTY UP BY 19% |
September 10th, 2007 |
Figures from the Bank of Spain reveal that foreign investment in
Spanish property increased by 19.2% in the first 5 months of the year
compared to the same period in 2006. The amount invested by Spaniards
in property outside of Spain almost doubled over the same period.
The total amount invested by foreigners to the end of May was 2.252
billion Euros, almost the same as the amount invested in 2005, though
still significantly below the 2.925 billion Euros invested in the peak
year of 2003.
How does one reconcile this increase in foreign investment in Spanish
property at a time when the market is clearly turning down?
One explanation might be that many of the off-plan sales made in 2004
and 2005 are only now being recorded as investments as buyers take
possession of their properties and complete the purchase before notary.
This is the moment when the investment is recorded in the national
accounts.
Nevertheless, the figures do seem to suggest that foreign demand for
Spanish property has picked up significantly since last year, even
though property professionals report that the market is still very
slow. By the end of the year we should know whether foreign demand has
rebounded, or whether these figures can be explained by some other
factor. oreign investment in Spanish property up by 19%
News provided by www.spanishpropertyinsight.com
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