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Overseas Property News
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Property in Spain remains severely overpriced
Country: Spain
28 April 2009 Property in Spain remains highly overpriced, despite drastic price cuts in the last year or so, according to data compiled and published in The Economist magazine. The print publication, which looked at property values in a string of developed countries, claims that average prices in Spain need to fall by a further 50% in relation to rents and incomes, just to get back to the long-term average. By the standards of the price-to-rent ratio, Spanish property is the most overpriced in the developed world, and the second least affordable country, after Holland. Property prices “will have to fall still more in most countries if affordability…is to return to its long-term average,” says The Economist. However, it is believed that The Economist used official Spanish housing market data, which many experts believe is hugely misleading. Consequently, prices may have already fallen further than magazine reports.
See Also: Spain
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Price: 349,000
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Type: Detached
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Bedrooms: 5
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Please visit http://www.aliciafarm.com for full contact details, photos, slideshows and room plans.
Ideal for anyone looking for a unique property in the Spanish countryside.
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Price: €72,543
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Type: Apartment
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Bedrooms: 2
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UNIQUE OFFER. Upper floor, two bed one bath maisonette with 54 metres solarium, in Condado de Alhama, Murcia.
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Price: €75,000
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Type: Bungalow
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Bedrooms: 1
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South-facing, furnished, upper floor, large (50m²) 1 bedroom maisonette with spectacular views over the pool and gardens, in excellent condition and in a very beautiful complex.
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![RLE103, Turquia, Spain]()
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Price: €76,740
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Type: House/Apartment
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Bedrooms: 1
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Crisp clean lines are the inspiration behind this project with each property meticulously designed by leading architects Eren Talu, renowned for the superb Hillside Su Hotel in Antalya.
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Price: €79,000
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Type: Apartment
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Bedrooms: 2
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Very attractive, furnished, 2 bedroom, second-floor apartment with a sunny, south-facing terrace with a seaview.
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View details | Enquire further
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Price: €79,000
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Type: Apartment
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Bedrooms: 1
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Quite recently-built, fully furnished and equipped, east-facing, 1 bedroom, third floor, apartment with beautiful pool and gardens, and storage-room. A delightful, quiet location with panoramic views over the surrounding area and to the sea.
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View details | Enquire further
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Price: €79,710
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Type: Apartment
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Bedrooms: 2
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UNIQUE OFFER. Ground floor, three bed one bath maisonette with 44 m² of terrace and garden, in Condado de Alhama, Murcia.
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Price: €80,000
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Type: Bungalow
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Bedrooms: 1
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Well maintained and completely furnished, 1 bedroom, east-facing, ground floor maisonette in a very attractive and popular development, with an enormous terrace and wonderful panoramic view through the trees to the sea.
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![RLE102, Turquia, Spain]()
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Price: €80,658
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Type: House/Apartment
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Bedrooms: 1
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Turkeys first residential golf resort. An 18 hole golf course just outside the popular holiday town of Kusadasi with stunning sea and mountain views.
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View details | Enquire further
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Price: €90,000
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Type: Bungalow
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Bedrooms: 1
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Extremely well maintained and completely furnished, large, 1 bedroom upper floor maisonette in a very attractive and popular development with a wonderful panoramic view to the sea and over the pool and gardens.
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View details | Enquire further
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Prices from: €355,000 Bedrooms: 2 Luxury townhouses in the centre of a world class, championship golf course.
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