Country: Spain
26 June 2009
The volume of properties in Spain being constructed in April rose by 3.2% compared to March, the second largest month-on-month rise of any European natioin apart from the Czech Republic, according to data compiled by the EU’s statistics office, Eurostat.
Construction output in April fell by around 6% year-on-year, which is significantly better than the 20% annual fall recorded in March.
However, much of this building work is taking place in the non-residential sector, where there is currently a stringent oversupply of over a million homes.
Related news
International Mortgage Brokers says that a leading Spanish bank has appointed it to offer mortgage loans, of up to 90%, on selected Spanish homes owned by the bank, with borrowing rates starting from just 2.65%.
Most Spanish mortgages are normally limited to just 70% of the purchase price.
See Also: Marc Da-Silva, Spain
Price: €68,000
Type: apartment
Bedrooms: 1
New apartment in the urbanisation of roquetas de mar, almeria. the property comprises of lounge/diner with american kitchen (not fitted), bedroom, bathroom and terrace overlooking the communal pool.
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Price: €69,000
Type: Apartment
Bedrooms: 4
Reformed apartment in Tabernas, Almeria.
Price: €69,500
Bedrooms: 2
fully furnished apartment situated in enix, with fitted american style kitchen, bathroom, 2 bedrooms and terrace. just a few minutes from the village and all amenities and 20 minutes from the coast and main shopping areas.220
Price: €70,000
Type: Village House
Recently refurbished village house in Picena in the Alpujarra mountains, good quality fittings throughout and fantastic views from the terrace.
A well situated, 1 bedroom apartment in the marina at Almerimar. This property is fully furnished and stands just 50m from beach and all amenities. Would benefit from a reform but has great rental potential.
This well presented ground floor apartment is located in the popular village of Formentera Del Segura, central to the villages of Rojales and Benijofar.
Price: €74,950
This spacious top floor apartment is located in the popular village of Daya nueva. The property makes up part of a small complex (25 properties), which share a communal pool and bathing space.
Price: €75,000
Type: bungalow
This well maintained ground floor bungalow is situated in Los Palcios boasting fantastic views of the countryside and being only a short walk from many amenities and the municipal pool.
Village house that has been renovated but still has some rooms to reform close to the village of Ugijar in Granada. The property has a new roof, new plumbing, and has been re-wired.
Brand new, 1 bedroom apartment in the Roquetas resort with community pool and garage space. Within walking distance of shops, bars, restaurants, tennis courts and beach.
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Estepona: Snooker room, cellar, fully furnished, gym, Jacuzzi. Luxury fittings. Quiet location, sea views.
Prices from: €355,000
Luxury townhouses in the centre of a world class, championship golf course.
Price: €275,000
Bedrooms: 2 - 1 ensuite
Fully furnished, gated complex, entry phone. Private terrace. Walking distance to beach. Good rental potential.
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Close to amenities, golf, tennis & schools. Walking distance to shops. Roof terrace, courtyard.
Price: €241,0000
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Price: €395,000
Beachfront. Gated complex. Marble floors, fitted kitchen, double glazing. Breathtaking views to Gibraltar.
