Costa del Sol property blog

Reviewing the latest TINSA report for December, it appears that valuations along the Mediterranean coast have dropped slightly from Novembers figure of 2056 euros per square metre to 2052 euros per square metre in December.

So according to TINSA month on month valuations along the coast are down 0.19%. A negligible decrease.
From the height of the market, when valuations stood at 2537€ per square metre, the market has dropped by 19.1%.

Interestingly, on a national scale the average valuation for Spain has remained at 1947 euros per square metre for both November and December. Could valuations have bottomed out? We will see over the next few months.

TINSA REPORT

Regards
Andrew Belles