Property in Spain is receiving a boost in areas popular with Russian and French buyers. Despite prices falling across the country, it seems certain locations are bucking the trend, albeit slightly. Property Wire reported figures from the Public Works Ministry showing that 8,803 houses were bought by foreign buyers in Q3 2012. This is a [...]
BUCKING national trends, prices of new properties in Mallorca are set to rise. Palma will not be able to satisfy demand for new housing in 2010, Gabriel Oliver, President of the Balearics Property Developers Association warned. Oliver said banks reticence to fund new construction projects since the recession, has created an “atypical” situation where supply [...]
