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Spanish Property Market News

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Spanish and Mallorca Property Market Update – Beware of Off Plan Property – Spanish New Property Market in Meltdown

With the Spanish and mallorca property markets deep in recession David Novi examines the risks of buying off plan property and where to look for good value Mallorca property... More »

Mallorca & Spanish Property Market Comment

Joanna Styles looks at the Spanish Property market with the help from contributors from the Mainland and, in Mallorca, David Novi...... More »

Mortgages in Mallorca - Bank Repossessions

A recent article in the Spanish daily ‘El Mundo’ highlighted the increasing lengths Spanish mortgage lenders are going to avoid repossessing properties and being left holding a portfolio of assets of diminishing value. ... More »

Spanish and Mallorca Property Prices Set to Fall For Over Two Years

Mallorca and Spanish property prices are set to fall for at least two years if one takes into account the growing stockpile of unsold new build properties and poor demand due resulting from lack of available finance... More »

Mallorca Property Prices - Update October 2008

The latest report from IESE Business School on the value of second hand property in Mallorca and mainland Spain highlights the trend of falling prices throughout Spain. The average price per m2 of property in Spain fell to 2,646€, a fall of 8.3% when compared with the same month of 2007, while in Mallorca the figures were 2,541€ per m2, a fall of 3.3% ... More »