According to recently published data company Tinsa, cost of real estate in Spain falls by an average of 11%, reports Internet portal Kyero.com . In July 2012 a property in Spain fell by 31% compared to the peak in 2007, the largest drop in prices recorded on the coast - by 37.2%, the smallest drop (25.9%) - in areas located away from coast. Experts say the most significant decline in prices in the Balearic and Canary Islands - in July 2012 the cost of housing here has fallen to 14% compared to the same period in 2011. HomesOverseas.ru
Falling prices in Spain compared to 2011 - about 11%
16.08.2012
Homesoverseas.ru editorial office
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