30 Nov, 2016 @ 14:30
1 min read

Real estate investment drops by €4 billion in Spain

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REAL estate investment in Spain has dropped by €4 billion year-on-year, signalling a stabilising market.

Last year’s high of €13 billion is expected to calm down to €9 billion in 2016, but despite the drop, experts say the country’s property and construction scenes are both in good health and that the market is levelling out.

Foreign money has continued to contribute to Spain’s successes, with the country having one of the world’s largest proportions of foreign investment into its real estate.

Madrid has pulled in the largest investment, receiving more than €5 billion.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

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