Posts Tagged ‘property market’

The history of the Spanish property market

From bubble to boom The Spanish property market has had a checkered past and is one that is characterized by booms and busts. At present, the market in Spain is looking noticeably healthier, with figures indicating that sales had soared in October 2017 and were up 28%. Things weren’t always looking so rosy for investors…

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Interest-only stress on Valencia holiday home

An elderly couple purchased a property North of Valencia, with the intent to rent out the property, but also utilising it as a holiday home. They borrowed €180,000 on an initial 10 year interest only period. Unfortunately, following the collapse of the Spanish property market the value of the property plummeted to just €90,000. This…

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