Costa del Sol property shows improvement
At least according to the property valuations compiled by TINSA. According to them, average prices on the Costas have fallen 8.9% in the last 12 months. The best result since November 2008 and an improvement over Octobers 9.9% drop.
In October, Tinsa stated that the average price per square metre along the Costas was 2082€ and as of November that figure stands at 2056. A drop of only 1.11%.
From the height of the market, when valuations stood at 2537€ per square metre, the market has dropped by 18.79%.
Please note these figure refer to valuations and not actual sales prices and that these figure refer to the entire Mediterranean coast and not specifically to the Costa del Sol.
Regards
Andrew Belles
