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After several years of rapid growth, intensive construction and many mortgages the housing bubble burst 2008 and a deep economic crisis followed with budget cuts, high unemployment etc. Many people are now asking, after the financial crisis that spread like wild a wildfire in  the European media, is it the right time to invest in Spanish property market?

The wonderful life style of Spain , with approx. 320 days of sunshine a year, has, for decades,  attracted people to come and buy houses and live a new life in the Costa del Sol and the beautiful inland villages. It is said that during 2016, 403.743 houses were sold in Spain, and of them 53.700 were foreign buyers. Now the economy grows stronger!

So is the market stable and secure now? Is it increasing? Yes, Spain is now on the way out from the longest recession in history. But despite the fact that  property prices are on the increase  in Spain it is  still a good  time to buy and invest according to  the experts. Especially in the inland where the prices recently stabilized. Once again, the Spanish population begins to retain a stable economy and income, and secures their savings in properties.

Both TINSA (a leading multinational property valuation) and the  Spanish Association of Value Analysts counts that the prices will increase on the Spanish property market approx 2 percent  during 2017. The European Commission has announced positive figures and forecasts for Spain. The bank BBVA believes that the market will rise  3,5 percent  and experts are saying that the property market is increasing – and that this will be stable and long lasting. And therefore, it is a good time to invest!

And why is Cómpeta Properties the right company to help you? Because we are a well established and professional estate agency  and know from experience how to live and work in the area.  We have an extensive and diverse portfolio of properties for sale or for rental in Andalucia , both inland and on the Costa del Sol; a wide selection of country properties , modern and rustic, townhouses in the beautiful villages , apartments with terraces and balconies and plots of land, in all price ranges, and we have the best service you can get! We can guide you to your new life in Spain.

We at Cómpeta Properties S.L. would like to welcome you to Andalucia and hope to be of assistance to you in realizing your dream of a home in the sun.

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