Costa del Sol Property Blog

After all the recent ‘positive-ness’ about property in Spain, potential green shoots, etc… I thought this article by Mark Stucklin was quite interesting. Marbella it looks like has done quite well in this first quarter. Actually more than that, this has been the best first quarter in the last five years. Like Mr Stucklin I am also quite dubious about this information, and I will give the town hall the benefit of doubt as they have been trying to clean up Marbella and its image. Personally I think the statistics are as positive as they are due to postponed completions (due to irregularities, etc…) and probably a slight surge in property in Spain. Anyway here is the article:

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The bust is dead, the Spanish property market’s recovery has begun! That’s how some leading daily papers like El Pais are interpreting the latest figures from the National Institute of Statistics (INE) showing the market grew ever so slightly in January. Well, I wouldn’t try to claim a vigorous recovery is underway, but there’s no denying the market appears to have found a floor, which is an improvement on the 2 years plus of monthly declines we had before.
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