Spain
Spanish Property prices continue to grow between 10-28%.
Mar 19, 2005

Malaga property prices continues to rise. A recent report by the Spanish Housing Ministry indicated that average apartment prices in Malaga increased by over 28% in 2004 - 10% more than the national average. Increases for all areas were:

• Malaga - 28%
• Valencia - 23%
• Seville - 21%
• Madrid - 20%
• Barcelona - 19%
• Zaragoza - 18%
• Asturia - 10%
• Navarra - 10%
• Canaries - 10%

The average property price per sqm in Spain is EUR 1,614.

Prices rises are consistent with a recent report stating Spain as the most popular destination for overseas property sales. 48% of all British citizens seeking to buy abroad are considering Spain, followed by France (47%), USA (28%), Italy (27%) and Portugal (20%).

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