Home > Overseas Property News

Spain property news: construction levels to fall by a quarter



Country:  Spain

25 August 2009

The volume of new residential properties in Spain constructed is expected to fall by as much as 25% by the end of 2009, according to a report by the Fundación Laboral de la Construcción.

Residential building activity levels have fallen over the past year or so, culminating in the loss of hundreds of thousands of jobs, due to the global financial crisis, an oversupply of Spanish properties, and a fall in demand for Spain property. Experts project that the new build figures in Spain will remain low until the end of next year.

The construction labour foundation basis its projection on the amount of cement used by Spain property developers, which dropped by 24% last year, the largest fall in a decade, while demand for cement has fallen even further so far this year.

Editor’s comment:
"The fall in Spanish housing starts should have a positive impact on the market in the medium to long-term, as it should allow demand to catch up with the existing oversupply of housing stock."


See Also:   Marc Da-Silva, Spain


<< Previous News item
Within Spain
With tag "Marc Da-Silva"
With tag "Spain"
NextNews item >>
Within Spain
With tag "Marc Da-Silva"
With tag "Spain"


Some properties in Spain

Spanish Farmhouse, Andalucia

Spanish Farmhouse, Andalucia

Price: 349,000

Type: Detached

Bedrooms: 5

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.


Ref PW110304Offer, Polaris World, Spain

Ref PW110304Offer, Polaris World, Spain

Price: €72,543

Type: Apartment

Bedrooms: 2

UNIQUE OFFER. Upper floor, two bed one bath maisonette with 54 metres solarium, in Condado de Alhama, Murcia.


Ref RM5100917, Riomar, Spain

Ref RM5100917, Riomar, Spain

Price: €75,000

Type: Bungalow

Bedrooms: 1

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.


RLE103, Turquia, Spain

RLE103, Turquia, Spain

Price: €76,740

Type: House/Apartment

Bedrooms: 1

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.


Ref PL5091011, Pueblo Latino, Spain

Ref PL5091011, Pueblo Latino, Spain

Price: €79,000

Type: Apartment

Bedrooms: 2

Very attractive, furnished, 2 bedroom, second-floor apartment with a sunny, south-facing terrace with a seaview.


Ref RM5090306, Riomar, Spain

Ref RM5090306, Riomar, Spain

Price: €79,000

Type: Apartment

Bedrooms: 1

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.


Ref PWAL110304(OFFER), Polaris World, Spain

Ref PWAL110304(OFFER), Polaris World, Spain

Price: €79,710

Type: Apartment

Bedrooms: 2

UNIQUE OFFER. Ground floor, three bed one bath maisonette with 44 m² of terrace and garden, in Condado de Alhama, Murcia.


Ref RM5100730, Riomar, Spain

Ref RM5100730, Riomar, Spain

Price: €80,000

Type: Bungalow

Bedrooms: 1

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.


RLE102, Turquia, Spain

RLE102, Turquia, Spain

Price: €80,658

Type: House/Apartment

Bedrooms: 1

Turkeys first residential golf resort. An 18 hole golf course just outside the popular holiday town of Kusadasi with stunning sea and mountain views.


Ref RM5080417, Riomar, Spain

Ref RM5080417, Riomar, Spain

Price: €90,000

Type: Bungalow

Bedrooms: 1

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.


featured properties

Prices from: €355,000

Bedrooms: 2

Luxury townhouses in the centre of a world class, championship golf course.

More