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Luxury Property Market Showing Stability

Buy with Casamona in Barcelona
August 11, 2015No Comments
Written by admin in

According to recent analysis by agency Lucas Fox, the luxury apartment market in Spain has stabilized over the past six months. These results coincide with predictions of a market recovery in 2016.

From the analysis we can conclude that Barcelona is particularly attractive to foreign investors as they account for nearly 90% of the agencies sales. This was not the case seven years ago when sales prices fell dramatically as a result of the market crash, leaving thousands of properties unwanted and undervalued. However in recent months it seems Northern European, North American and Middle-Eastern investors in particular have restored their confidence in the Spanish property market.

When it comes to investing in a second home, now is prime time in Spain. Here at Casamona we have some amazing deals in luxury apartments, be sure to check them out on our website!

Source:02/09/14 Lowri Hill


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