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Spanish Property Market

#lovelanzarote #lanzarote
The Spanish market has hit the bottom and is beginning to roar again, driven by the return of international buyers, many of which have been snapping up properties with sterling, dollars, krona or dirham and capitalizing on the weak euro.

Prices remain well below their 2007 peak values in many areas, and the vast amount of over-supply in coastal resorts is gradually being reduced.  There are some fantastic properties available in other areas. See our website www.volcanicaproperties.com

The strongest price band has risen from last year and seems to be around €150,000-€250,000 with buyers seizing the best buying opportunities in a decade to obtain an apartment or small villa close the coast to which they can retire to eventually. Relatively high purchase costs on their Spanish home can be to set by the low ongoing property taxes, a lower cost of living and letting potential.

With thanks to A Place in the Sun

SOLD

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LOVELY CANARIAN-STYLE TOWNHOUSE in TEGUISE

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Ref118191 🔗

Teguise, Las Palmas, Lanzarote

Villa for sale

200m²32200m²

235.000€ (£ 206.212 app.)