Plots in Spain fell in price

According to the Ministry of Housing of Spain, in the 12 months from July 2009 to June 2010, average cost of land in the cities of the country decreased by 14.9% to the level of 210.7 euros per square meter. m. This decline was most significant in relation to the annual since 2005, when the Ministry was to regularly publish their reports. At the same time in the quarterly terms, the value of land in the second quarter increased by 3% compared with the first three months of this year, when the value of land has fallen to a record low of 205 euros per square meter. m. www.spanishpropertyinsight.com