Spanish property values take an upward turn
The ministry of public works in Madrid have announced that on average Spanish property prices have risen by just short of 2%, with property values having risen in Alicante province on average by 1.5% in 2015, and 1.15% in 2014. Positive news, although the increase is relatively small, this announcement should put paid to rumours that property values are continuing to fall and show that the construction sector and real estate sectors are well on there way to recovery. With current prices between 34% and 48% lower than in 2007, the unrest and the immigration crisis in eastern Mediterranean having a detrimental effect on the real estate sector in countries such as Tunisia, Turkey and Greece, Spain is now looking more and more attractive as a place to invest.. The Costa Blanca in particular, with its excellent air, rail, and road links giving easy access to northern Europe, its mild climate and year round sunshine, first class medical, great golf /sporting facilities, and an already large resident expatriate population, there couldn't be a better time or place to buy, secure in the knowledge your investment now will bring you positive returns.