Span­ish mar­ket back on top

Yorkshire Post - Property - - PROPERTY -

EARLY signs are point­ing to a bumper 2014 for the Span­ish mar­ket, where agents are reporting a busy start to the year and an in­creas­ing num­ber of new de­vel­op­ments com­ing to mar­ket.

Richard Way, Edi­tor of The Over­seas Guides com­pany says: “A joint re­port by Price­Wa­ter­house­Coop­ers (PWC) and the Ur­ban Land In­sti­tute (ULI) says Spain had trans­formed from “property pariah to star mar­ket” by au­tumn of last year, with the re­vival ex­pected to con­tinue in 2014. En­cour­ag­ing stats show that de­vel­op­ers have the con­fi­dence to build again. Ali­cante prov­ince fin­ished 2013 with a to­tal of 2,037 new houses be­ing con­structed, which is a 362 per cent in­crease com­pared to 2012 and back to pre-cri­sis lev­els.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.