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,
46 Portfolio