Page 46 - Property Portfolio - November 2019
P. 46

NewsDigest                                   Property Portfolio, in conjunction with property
                                                   portals Kyero & Tinsa, and press articles
                                                   relating to Spain, brings you a few of the news
                                                   headlines with a property and economic bias.





           Property Value Increase



           of 3.1% in October







































           The leading Spanish property valuation  in Mediterranean coastal areas there has
           firm Tinsa published its latest monthly data  barely been any movement at all in 2019 (a
           regarding the  market value  of  housing  rise of just 0.7%) and the nationwide index
           across  the  country,  reporting  that  in  the  dropped during the month of October by two
           month of October the recovery in market  points to 1,527.  However, the firm reports
           prices of recent years continued to slow  that the figure is now 16.6% higher than
           down.  The year-on-year  increase of  3.1%  when the market bottomed out in February
           was the ninth consecutive rise of under 5%,  2015.
           and indeed the increase in the Tinsa index                                n
           since the start of 2019 is just 2.3%. In fact,




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