Page 38 - Property Portfolio - March 2020

NewsDigest Property Portfolio brings you local and national

news headlines with a bias to Spain’s tourism,
property and economic position.

TINSA report slight increase in Mediterranean

coastal property values in February

There was a positive, yet slower start to the in the last 4 years, while elsewhere there are
year with a reported year-on-year price increase increases of 27.5% in the Balearic and Calary
of 2.4% across Spain, Tinsa published that in Islands, 15.2 along the Mediterranean coast and
February the recovery in market prices of recent 12.9% in ‘metropolitan areas’, but only 5.6% in
years continues to progress at a minimal rate the catch-all category of ‘other municipalities’.
however, the 2.4% represents a 14th consecutive Sales figures for December show a 2.8% year
rise. The staggered nature of recovery can be on year increase but an accumulated fall during
seen in the breakdown of the figures, which the year 2019 of 2.7%.
shows that in Spain’s regional capital and other n
large cities market values have risen by 27%

38 Portfolio