Property prices in Spain continue to rise

PROPERTY prices in Spain increased by average of 7.05 per cent in the first half of the year putting the typical price of a square metre at €2,363, according to the latest report by Grupo Tecnocasa and the Universidad Pompeu Fabra (UPF).

The study also reveals that house price growth is no longer greatest in the country’s biggest cities. In fact in Barcelona property price rises in the first half of the year were generally below the national average.

The Catalan capital nevertheless remains the most expensive place to acquire a home in Spain, with the price of a square metre standing at €3,190 euros. Madrid has the second priciest homes at €2,720.

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Written by

Cathy Elelman

Cathy Elelman is the local writer for the Costa de Almeria edition of the Euro Weekly News.

Based in Mojacar for the last 21 years, Cathy is very much part of the local community and is always well and truly up on all the latest news and events going on in this region of Spain.

Her top goals are to do the best job she can informing the local English-speaking community, visitors to the area and the wider world about about the news in Almeria, to learn something new every day, and to embrace very new challenge this fast-changing world brings her way.

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