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In 2015 the volume of investments into the Spanish property market increased by 10%

22.03.2016
Homesoverseas.ru editorial office
79

In 2015 the volume of investments in the real estate market in Spain increased by 10.3% in comparison with 2014 and reached the figure of ˆ51,853 billion it is reported portal about Spanish property Kyero with reference to data of the Ministry of Public Works.

Besides, the investment volume returned to 2011 levels, when the market volume amounted to ˆ50,924 billion in 2015 was carried out 382 691 of real estate transactions, which is 10.2% more than 347 170 deals in 2014.

Spanish daily newspaper El Economista reports that the transaction with the secondary housing in 2015 spent ˆ44,842 bn, which is 12.9% more than in the previous year. However, the volume deals with the "primary" was estimated as ˆ7,010 billion, which is 3.8% less than in 2014.

The largest amount of money spent to deal with housing, demonstrated in Madrid (ˆ10,103 billion), Andalusia (ˆ9,130 billion), Catalonia (ˆ9,387 billion) and Valencia (ˆ6,180 billion). Followed by the Balearic Islands (ˆ2,857 billion), Basque Country (ˆ2,783 billion), Canary Islands (ˆ2,217 billion).

The regions with the lowest volume of housing transactions, were: Asturias (ˆ641,8 million), Cantabria (ˆ590 million), Navarre (ˆ527,6 million), Extremadura (ˆ425,7 million), La Rioja (ˆ299,7 million), Ceuta and Melilla (ˆ132,8 million for both regions).

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