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MARBELLA’S property market is set to weather the coronavirus storm without sinking to the depths seen in the 2008-14 financial crisis.
A SPANISH property boss has predicted house prices could crash by 20% this year because of the coronavirus crisis.
7,278 properties changed hands in the eighth month of the year, compared to 8,733 in August last year.
Want a return on your property investment? Look no further than Spain, writes the Finance Bureau’s Tancrede de Pola
The growth has been strong but stable and seems to be avoiding the fatal boom and bust cycle which lead to the meltdown some 12 years ago
The going rate in the Catalunyan capital is now around €4,100 per square metre
The city’s Urban Environment Observatory (OMAU), a research organisation, wants to find out exactly how many properties are being used as hotels, hostels and apartments in the historic centre
Properties are located in areas where the economic recovery is predicted to be slower
Prices rose 0.5% overall for the last quarter of 2014
Despite high unemployment and five-year housing crisis, Spain still has more homeowners than any other country
‘We must learn from this lesson’, says Bank of Spain boss
Spanish home market is at last showing good signs of recovery