Is the Spanish property market about to crash?

[Adelaideandela]

According to the Times, the Spanish property market is about to burst. This leaves many sellers, buyers and property owners in an insecure position. What is going on? Is the real-estate market in Spain really about crash?
The Telegraph believes that there is no reason for any panic. In Spain the prices of the houses have been rising through the roof since 1997. Luckily, this increase is stabilizing. This leaves the market with more realistic prices than in the past, with advantages for both sides, chances for selling are higher and it will go faster and buyers pay reasonable prices.
According to the Spanish government the property inflation is slowing down from 18.5% in 2003, 17.2% in 2004, 12.8% in 2005, and 9.1% by the end of 2006. The first three months of this year the prices have increased with 7.2%. That is the lowest quarterly increase of the last few years. After the prices have grown with incredible rates in recent years, property prices are finally stabilizing.
The fact that the Spanish property market is over-provisioned cannot be neglected. Therefore there is a possibility that, in some isolated areas, the prices will slightly drop. But there is little chance that this decrease will occur in all of Spain. The prices of the properties in popular areas like the Costa Brava, Costa Blanca, Mallorca and Barcelona will most likely continue to grow because of their value– but more slowly than recent years.
Instead of heading towards an inevitable crash, the Spanish property market is preparing itself for a soft landing. Property owners and buyers around the areas mentioned do not have to fear a sudden depreciation of their properties, since these properties will hold their value in the future.

From realestate-dreams.com

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costa blanca property
palmas real estate

[Eleanorendit]

Really? I just make a trip to Spain and decide to move to there. And I want to sell my actual home and buy a new one there. But I don't know the real estate marketing very well there. I only know some area in some related sites of Spain, palmas real estate and lake tahoe hotel . I want to know more about the property information in Spain. And I don't think living in the tourist places is a advisable choice, such as Barcelona and Tenerife.

[Thorndikechezi]

It's a good idea to live in Spain. Spain is really a beautiful country in the world to visit. I spent several days in Barcelona and Madrid, and I'd love to go back for awhile. I think if you're in Barcelona be sure to check out the Picasso museum as well. I can recommend you some hotel related sites that has ever given me more help before I make the trip to Spain. They are tenerife property and mallorca property . And I deem that the best way to get around Spain is by train and you can enjoy the beautiful landscape along the way.

Hoping you have a good time in Spain!