Ciudad Quesada Rojales Property for Sale
The price of second-hand housing in Spain rose by 8.24% during the first six months of 2017
This appreciation allows housing to remain an excellent investment asset, also to put it on rent.
The price of second-hand housing in Spain grew by 8.24% in the first half of 2017 compared to the same period in 2016, according to the XXV Housing Market Report prepared by the Tecnocasa Group and the Pompeu Fabra University ( UPF).
Thus, the market is facing the sixth consecutive semester of price increases and the increases are similar to those of the previous half (7.37%), so it seems that this cycle of growth has reached its peak.
With this sustained growth, buyers and investors in housing continue to find good opportunities in the real estate market, as well as a high profitability by putting the house in rent.
The prices, still half as cheap as during the real estate bubble.
With this new appreciation of second-hand housing, the accumulated reduction from the maximum prices reached in this real estate segment between 2006 and 2007 stands at 48.10%. That is, although the price of housing increases, is almost half as cheap than it was in the real estate bubble. This shows that the recovery of the real estate market is being sustained, and that the risk of another bubble in Spain is quite low.
Increase purchases with mortgages.
In the first half of 2017, mortgages were increased, which now represent 66.8% compared to 33.2% of cash transactions.
Petra Hönig offers you in Ciudad Quesada, Rojales, property for sale.
If we are famous in the region as one of the most reliable Real Estates in the region is because we treat our clients in the same way we would like to be treated ourselves. Our values are energy, agility, professionalism and expert advice always. Once we are at your service you can be sure that we will work in your best interest, never our own.
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